Business, Marketing, Society, Uncategorized

99p is The New Free

Yes, it seems it’s ebook week on The Lunch.

Free books

Free books (Photo credit: randomduck)

On just about every high street in Britain there is some kind of mis-named Pound Shop, selling things for 99p, and it’s a well-known psychological effect that we think that 99p is vastly cheaper than a pound because it has less digits, even if our subconscious obsession with lower numbers in buying but higher in selling leads us to all have jam jars full of pennies.

The odd thing though is a shift in the area of “free” goods.  On Amazon and other ebook stores there are thousands of free ebooks, some are actual out-of-copyright classics, some are good books simply written for the enjoyment of it and given away, others are free just to be generous and helpful.  The problem is that we often assume that if something is always free then it must be of lower quality, whereas we will eagerly grab a book that’s normally £3.99 but is reduced for a day to £0.00.  This idea of low quality is reinforced by many writers and journalists who have said that only crap writers do it for free [Andy looks at own not-for-profit blog and sighs].

This is a problem for new authors who are publishing solely electronically – price it too high and buyers might not want to take a shot at an unknown, give it away and it’s likely that people will see the words “FREE = CRAP” with memories of bookstore remainder bins in the back of their minds.

There has emerged a middle ground, more and more books are being published at 99p, cheap enough to be a potential throwaway purchase but someone thinks it’s worth actually charging money for which gives you a bit of confidence that it’ll be worth it.  It also feels like you’re getting a bargain even if it’s not reduced.

Amongst the ebook chaff there is wheat and if this idea gets it noticed then it doesn’t matter whether crap gets sold at the same price – that’s what Amazon’s reviews sections are for.

 

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Psychology, Tech

An Object Choice

NYC - MoMA: Philip Johnson Architecture and De...

NYC – MoMA: Philip Johnson Architecture and Design Galleries – Digital Compact Disc (Photo credit: wallyg)

I have always generally stuck to buying CDs for music except for some recent digital download-only EPs and singles but the other day I was made to wonder why.

I’d been looking at an album that was available as a normal version and a deluxe version.  The deluxe had just three more songs but cost £17 as opposed to the normal version that had dropped to £5.  I thought I’d just go without the extra tracks and bought the £5 one.  All fine except that I’d noticed that there was a link to “download the MP3 version for £4.99” on the deluxe edition yet I’d still bought the physical CD of the normal version for 1p more.  At first I was fine with this but then began to feel confused, I felt a bit daft for buying the CD when by downloading I could have had more for the same money – was the plastic and paper really worth it?

I could have cancelled the CD, downloaded the MP3 but I still didn’t.  I’m still at the stage where I only feel that I have a copy of the music (or book) that I can keep forever if I have a physical copy – for me it’s not even about the cover artwork or the booklet as I hardly ever look at these.  But this experience, the doubt, showed me that even I’m accepting that the future of media is becoming more digital, increasingly virtual, that with digital booklets having the actual CD is less important than the music itself.

In many ways it’s better this way, content you effectively license can be accessed anywhere you can log into your account, a copy can be downloaded to your computer if necessary and even burned onto an old-fashioned disk.  Should the worst happen you don’t lose your collection.  It’s also more convenient to buy and store.

I’m still not so sold on ebooks though, I still like a paper book I can safely read in the bath but I suppose it’s only a matter of time before the waterproof Kindle Touch.

And as for my MP3 quandary, it turned out that the download wasn’t even the deluxe version after all so the decision was entirely virtual, ironically.

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Business, Society, Tech

Book Exchange

English: A woman cuddling a pile of digital de...

English: A woman cuddling a pile of digital devices: laptops, smartphones, tablets, ebook readers etc. (Photo credit: Wikipedia)

With new rules saying that book publishers should basically price ebooks fairly in relation to the fact that there is no physical object to manufacture I’ve had an idea.

Maybe someone has already had it but anyway let’s say, like me, you have a large bookshelf, some of the books you want to keep because of their aesthetic appeal, or sentimental value, maybe they’re signed. Others you keep for reference and would be happy to have as searchable ebooks.

You’ve already paid for the paper version so you’re reluctant to pay the same price again for the ebook version.  What if you could send your good condition paper version to either a charity or a company like Amazon and they’d exchange it for the digital version and then sell the paper book second-hand to cover the cost of your ebook.  You could save space and the charity/company could still make money.  Even if they charged you a pound to do it it would still be worth it surely?

[Gizmodo UK]

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Business, Marketing, Music, Society

But It’s a Bargain

The volume rocker of the Amazon Kindle 2

The volume rocker of the Amazon Kindle 2 (Photo credit: Wikipedia)

I’ve just noticed on Amazon.co.uk that the top five kindle books at the moment are all priced between £0.20 and £0.99.  Is this a coincidence or is it the same reason I also bought the number one book (besides it being a QI book) – only 20p, I’m having that!

I’m sure they’re all good books but it also shows that almost giving content away can give a book, or music, momentum in the sales charts.  It’s only really been possible thanks to digital media’s lower distribution costs and the benefit is that once people have tried it they’ll tell others about it and maybe they’ll still buy it even if it’s at a higher price later.

The music industry needs to pay attention.  It isn’t devaluing, it’s marketing.

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