Thursday, August 6, 2009
Pricing Models
Pricing Models: "The price of a book is based on factors which include perceived value, cost to develop and support, cost to produce, number of units which can be expected to be sold, and more. While I believe that most consumer pricing in our society is based on perceived value and not on cost (think Starbucks versus 7-11 for a cup of coffee, or doctor’s time versus car wash attendant’s time), let’s examine publishing costs and see whether eBook costs are less than print book costs."
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