Thursday, September 10, 2015

A Newbie's Guide to Publishing: Shocking WSJ Discovery: Higher Prices=Lower Volume...

Are you sure you humans know how to add?
Panzer stopped in at Joe  Konrath's A Newbie's Guide to Publishing blog today. Our big bad kitty boy found a post by Barry Eisler about price and demand in economics.

Mr. Eisler's post addresses an article in the Wall Street Journal about the rising cost of ebooks and consequent lower sales. After the new contracts traditional publishers signed with Amazon, they (the publishers) began charging premium prices for ebooks ... and ... sales plummeted. Mr. Eisler explains the "correlation between higher prices and lower demand" in sometimes snarky and sometimes humorous terms.

Panzer says, "The folly of human stupidity never ceases to amuse me."

Note: This is a v-e-r-y l-o-n-g post, but well worth the gallon of tea you'll need to finish reading it and the Comments Section.

To read the post, tootle over to A Newbie's Guide to Publishing: Shocking WSJ Discovery: Higher Prices=Lower Volume...:

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