Tuesday, July 12, 2011

Ch-ch-changes in the market

The ebook market is changing like gangbusters. I heard on the (warmly recommended) Kindle Chronicles podcast that as recently as a few months ago, if an author dumped the price of a book temporarily to zero or one dollars, he was virtually assured of selling hundreds or thousands of copies in a short order of time. But now so many are doing this, it has become virtually pointless for the author. (For the reader, hey, bonanza.)

Prices are all over the map, as are sizes and everything else variable. It'll be interesting to see what the market looks like when it has stabilized a little bit, say in ten years. If something as volatile as bits for dollars can ever really stabilize...

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