Comments on: The Publishing Industry: An Economic Thought Experiment http://www.edrants.com/the-publishing-industry-an-economic-thought-experiment/ a blog in ever-shifting standing Fri, 20 Nov 2009 20:27:32 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: Social Networking is making me a smarter book seller » Selling Books On Amazon http://www.edrants.com/the-publishing-industry-an-economic-thought-experiment/comment-page-1/#comment-254528 Social Networking is making me a smarter book seller » Selling Books On Amazon Tue, 05 May 2009 17:13:29 +0000 http://www.edrants.com/?p=10487#comment-254528 [...] The Publishing Industry: An Economic Thought Experiment (edrants.com) [...] [...] The Publishing Industry: An Economic Thought Experiment (edrants.com) [...]

]]> By: Are Your Thumbs Quick Enough? : LiveWires http://www.edrants.com/the-publishing-industry-an-economic-thought-experiment/comment-page-1/#comment-251600 Are Your Thumbs Quick Enough? : LiveWires Fri, 06 Mar 2009 16:46:45 +0000 http://www.edrants.com/?p=10487#comment-251600 [...] P.S. Because I can’t seem to resist, here is an article on new publishing models that is extrememly interesting - The Publishing Industry: An Economic Thought Experiment [...] [...] P.S. Because I can’t seem to resist, here is an article on new publishing models that is extrememly interesting – The Publishing Industry: An Economic Thought Experiment [...]

]]> By: The Daily Square — The Volcano Edition | Booksquare http://www.edrants.com/the-publishing-industry-an-economic-thought-experiment/comment-page-1/#comment-251238 The Daily Square — The Volcano Edition | Booksquare Thu, 26 Feb 2009 00:40:24 +0000 http://www.edrants.com/?p=10487#comment-251238 [...] The Publishing Industry: An Economic Thought ExperimentWe love, love, love that people are thinking like Edward Champion. After presenting several case studies, he then posits solutions. [...] [...] The Publishing Industry: An Economic Thought ExperimentWe love, love, love that people are thinking like Edward Champion. After presenting several case studies, he then posits solutions. [...]

]]> By: Peter L. Winkler http://www.edrants.com/the-publishing-industry-an-economic-thought-experiment/comment-page-1/#comment-251136 Peter L. Winkler Mon, 23 Feb 2009 07:38:38 +0000 http://www.edrants.com/?p=10487#comment-251136 "So if you’re a publisher or a bookseller, consider this. If you know that people can afford a $10 hardcover (as opposed to a $30 hardcover), why in the hell aren’t you learning from these examples? Why aren’t you offering a Valve-like time window where people can walk into a bookstore and purchase a few $10 hardcovers over a weekend?" Most people who become unemployed can't affor any luxury. They might buy a used paperback, oherwise they'll resort to the library. The only effect temporary price reductions will have is to make many people wonder why the prices of books can't be permanenly rolled back, eventually leading many of them to resent what they'll perceive as gouging, leading to increased sales resistance to the $30 book. “So if you’re a publisher or a bookseller, consider this. If you know that people can afford a $10 hardcover (as opposed to a $30 hardcover), why in the hell aren’t you learning from these examples? Why aren’t you offering a Valve-like time window where people can walk into a bookstore and purchase a few $10 hardcovers over a weekend?”

Most people who become unemployed can’t affor any luxury. They might buy a used paperback, oherwise they’ll resort to the library. The only effect temporary price reductions will have is to make many people wonder why the prices of books can’t be permanenly rolled back, eventually leading many of them to resent what they’ll perceive as gouging, leading to increased sales resistance to the $30 book.

]]> By: Ann Kingman http://www.edrants.com/the-publishing-industry-an-economic-thought-experiment/comment-page-1/#comment-251083 Ann Kingman Sat, 21 Feb 2009 19:09:48 +0000 http://www.edrants.com/?p=10487#comment-251083 Lots to chew over here, Ed. One point that should be stressed in your "Free Comic Book Day" case study: through a central website, FCBD allowed consumers to discover that they did indeed have comic book stores in their area. As the parent of children who are just at the age for comics, it was a revelation to me that there were several comic book stores in my area. I had driven past them for years, but as comics weren't really on my radar, I had never noticed them. And in fact, I wouldn't have even thought about introducing my kids to comic books if I hadn't heard about FCBD -- they were totally off my radar. I'd love to see this concept rolled out to indie bookstores. Lots to chew over here, Ed. One point that should be stressed in your “Free Comic Book Day” case study: through a central website, FCBD allowed consumers to discover that they did indeed have comic book stores in their area. As the parent of children who are just at the age for comics, it was a revelation to me that there were several comic book stores in my area. I had driven past them for years, but as comics weren’t really on my radar, I had never noticed them. And in fact, I wouldn’t have even thought about introducing my kids to comic books if I hadn’t heard about FCBD — they were totally off my radar.

I’d love to see this concept rolled out to indie bookstores.

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