To: Calpernia
Actually, Amazon sells all the bestsellers at hefty discounts. So does B&N. They can afford to do this because they buy in such large numbers that they get REALLY good discount rates (55%, minimum, on a book like this; regular bookstore "standard" is 40%). They also do this to pull in business, in the hope that the customer will buy something else -- or at least not buy something elsewhere.
A few years ago, Amazon started carrying books from my publisher. Being a small operation, he couldn't meet their discount schedule and wasn't going to risk a massive return situation down the road. They ended up taking a few books at 30% off -- And Immediately Listed Them At 35% Off On Their Website!!! Go figure. Now they only buy when they get an order. It does explain how Amazon managed to lose money for all those years though.
129 posted on
06/16/2003 9:25:13 PM PDT by
Reverend Bob
(Half the people I know are below average.)
To: Reverend Bob; Blood of Tyrants; CharacterCounts
Ping of Pardons!
Sorry, I was wrong for saying Amazon was discounting to recoup losses. They may be...but I didn't realize it was standard policy so shortly after a release. I thought it was a few weeks. I stand corrected.
:)
158 posted on
06/17/2003 2:27:42 PM PDT by
Calpernia
(Remember the three R's: Respect for self; Respect for others; Responsibility for all your actions.)
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