Walk the moon album sale 99 cents update#
Walk the moon album sale 99 cents full#

An author who makes $1 per sale doesnвЂ™t care which format you buy, and a publisher whoвЂ™s paying production and shipping cost on paper books can structure to make the same profit margin off of a much cheaper ebook. Not just any middleman, but the one most interested in the incremental price of the products. Second, as physical distribution chains give way to electronic distribution, a middleman is removed from the revenue cycle.

As ebooks outgrow paper books in sales, the physical stuff of books will have less influence over the pricing.

Walk the moon album sale 99 cents full#

First, the more expensive games didnвЂ™t cost more because they were better games, they cost more because they came with more physical stuff: plastic pieces, full color maps, custom dice, etc. How does this story about games apply to books? Two ways. As a publisher, the fun-for-money calculation is back in my favor again if I can keep my price down, because IвЂ™m in direct competition with the makers of the other games. As a game store employee whoвЂ™s only going to see one customer per hour interested in board games, the $5 sale isnвЂ™t even paying my hourly wage, let alone keeping the shop in business. Settlers would have to be played 8 times, and Twilight Imperium 16 times to get the same return on investment.ДЄs a customer, I want the most fun for the least money, so IвЂ™ll freely purchase a $5 game that looks interesting, but would never purchase Twilight Imperium for $80 without reading the rules and playing at least one full game before making the investment. If you buy a Cheapass game for $5 and play it one time itвЂ™s cheaper entertainment than seeing a movie, and IвЂ™d say youвЂ™ve already recouped your initial investment. There are both excellent and awful games in each price category. A large board game like Twilight Imperium cost about $80, a typical board game like Settlers of Catan cost about $40, and a company called Cheapass Games makes dozens of different games for about $5 each, these are printed in black & white and you are expected to have your own dice and pawns. I used to work at a game store where we sold board games, among other things. I am not saying this is good news for authors. So in terms of sales, whether an author sells 1,000 copies themselves directly, or via a traditional publishing house, they will make the same amount of money. It is a significant reduction of the difference.ДЄmazon pays out 35% for ebooks priced below $1.99, and 70% for ebooks that are $1.99 and up.ДЄlso, as others have noted, $1 is near to the royalty payment that an author will receive on, say, a paperback trade book. Readers MCM and EsmeraldaGreene offered calculations.

Walk the moon album sale 99 cents update#

UPDATE 2: Several readers asked what the figures would be if we factored in AmazonвЂ™s cut. UPDATE: My math is horrible I originally had the decimal point wrong. I predict weвЂ™ll be there in 5 years, (before the marginal price drops to zero, but that is another story.) It seems insane, dangerous, life threatening, but inevitable. I donвЂ™t think publishers are ready for how low book prices will go. I was selling 40 copies a day prior to that.Д¬urrently, The List is #37 in the Top 100 Bestsellers on the Kindle. The other day Joe Konrath, a genre writer, and avid self-publisher of ebooks, said:Д®ighteen days ago, I dropped the price of my ebook, The List, from $2.99 to 99 cents on Amazon. HereвЂ™s a reason why theyвЂ™ll be as inexpensive as music.

Collections of the Material Subconscious.

Predicting the Present, First Five Years of Wired.