41 Replies Latest reply on Apr 6, 2010 11:49 AM by jaydeyez

    Book Prices AGAIN!

      Yesterday I was reviewing my wishlist and saw "Me, The Mob and The Music went from $9.99 to $18.57, that is an increase or 186% and the Kendel price is $9.99. Thanks B&N for being loyal to you Nook customer base. Can we expect the same treatment in the future?

        • Re: Book Prices AGAIN!
          FrogAlum

          • Re: Book Prices AGAIN!

            Pricing is very confusing to a lot of people within the book industry.  Amazon's untraditional method of pricing at the retailer level came under fire by MacMillan last month and a lot of publishers are following their lead.  Books are typically priced by the publisher and not the retailer.  When it comes to ebooks, there just hasn't been enough information available to determine a price range and publishers are watching that closely right now.  With all of he ereaders out on the market now and consumer activity, I think you will see the volatility in pricing begin to even out over the next year as more data and feedback is available.

             

             

              • Re: Book Prices AGAIN!
                EclecticReaderAL

                I too added some  books to my eBook wish list when at my local Barnes & Noble the other day.  The prices went up from $3 to $6 and one book I was really looking forward to went completely unavailable.  I love my Nook, but if the price of the eBook is so close to the price of the physical book, I will be turning my Nook off.  My husband was hoping to avoid building more bookshelves (I already own over 600 books.)  when he bought the Nook.  This is really discouraging. We decided to buy the Nook because the prices looked reasonable.  Now that you have sold tons of them, you raise the prices. What gives?

                  • Re: Book Prices AGAIN!
                    Nallia

                     

                    EclecticReaderAL wrote:

                    I too added some  books to my eBook wish list when at my local Barnes & Noble the other day.  The prices went up from $3 to $6 and one book I was really looking forward to went completely unavailable.  I love my Nook, but if the price of the eBook is so close to the price of the physical book, I will be turning my Nook off.  My husband was hoping to avoid building more bookshelves (I already own over 600 books.)  when he bought the Nook.  This is really discouraging. We decided to buy the Nook because the prices looked reasonable.  Now that you have sold tons of them, you raise the prices. What gives?

                     

                    B&N didn't raise the prices.  Some of the publishers did.  If you do a search for "Agency Model" you will find a bunch of threads discussing the actions of some publishers that have caused this.

                     

                      • Re: Book Prices AGAIN!
                        jaydeyez

                        I have been going back and forth with B&N customer service ever since the recent change in pricing.  Here is what they first told me

                        • "Because our eBook prices are deeply discounted from the Publisher?s List Price, the Barnes & Noble Member's discount is not available on the purchase of digital content (including but not limited to digital books, magazines, and periodicals); certain digital devices; downloadable Audiobooks in MP3 or any other format."

                        I questioned the "deeply discounted" part of that statement since the prices changed and there are only a 'few' discounts now and they definitely are not deep.  This was their response,

                         

                        • "The list price is not always the price of the hardback or paperback book copy. The list price is actually what the price of the eBook itself is before any web discounts are applied. The eBook price is the official price that we are selling the book for after we apply our web discounts to the product. This price may fluctuate up and down depending on sales of the book. Prices on certain content can change from day to day."

                        What I am confused on, is initially they state they don't give the member discount to B&N members on eBooks because it is already 'deeply discounted', but then they explain that the books are listed at the price that the publisher is setting (with no discount).  Granted there are some that are discounted (there were ALOT more prior to this past weekend), but I actually looked up quit a few books at the publisher sites and found that there is no 'deep discount' let alone those books with NO discount.  SO WHY again is there no member discounting on eBooks?

                  • Re: Book Prices AGAIN!

                    $12 - $15 for an e-book?

                     

                    That's Nuttin!

                     

                    Check out thi little gem that B&N offers!

                    http://search.barnesandnoble.com/Frege-and-Other-Philosophers/Michael-Dummett/e/9780191520051/?itm=80

                    • Re: Book Prices AGAIN!

                      The major price increases are to be blamed on the publishers.  Early on, B&N followed Amazon's pricing model by and large, the $9.99 price point that's been frequently mentioned in this thread already.  Then in stepped the publishing industry once they saw all the readers taking off and the retailers having more control over the pricing then they do and they are not used to this business model.  They saw an expanding market and wanted a bigger slice of pie.

                       

                      Add to this recent deals that all major publishers, with the exception of one hold out, have signed deals with Apple computers to publish on Apple's Ibookstore.  As you can imagine there are all sorts of exclusive pricing guarantees the publishers must extend to Apple ahead of any other retailer.  This give Apple the advantage of having a large chunk of eBooks at the best prices and most availability.

                       

                      The simplest way to deal with the outrageous price increases is very simple:

                       

                      VOTE WITH YOUR WALLET!

                       

                      Do NOT buy an eBook at $18.99 or $12.99 or whatever price point you feel is unfair.  No eBook should cost any more or equally to the current tangible format available.  Bottom line is if an eBook is not selling at all at $19  then the publishing giants will have to concede to more reasonable pricing points that early eBook users have come accustomed to.

                       

                        • Re: Book Prices AGAIN!

                          "Do NOT buy an eBook at $18.99 or $12.99 or whatever price point you feel is unfair.  No eBook should cost any more or equally to the current tangible format available.  Bottom line is if an eBook is not selling at all at $19  then the publishing giants will have to concede to more reasonable pricing points that early eBook users have come accustomed to."

                           

                          This

                           

                           

                          • Re: Book Prices AGAIN!
                            imno007

                            Actually, the biggest reason so many of the big publishers are willing to sign on with Apple is because Apple is telling them that it's perfectly fine for them to charge as much as they want, unlike Amazon, which holds them to the $9.99 model. In return, though, the publishers have to sign an agreement that they won't allow their ebooks to be sold for any less anywhere else - and that's BAD news for all of us, because there will be no "deals" anywhere except when the publishers decide to bring down the price everywhere. And if the books all cost the same pretty much anywhere, then people will be making their buying decisions based on other things besides price, like which drm is gonna be the most compatible with the most devices - and that's probably why you see B&N signing deals witht the likes of Samsung, supporting various E-Readers.

                              • Re: Book Prices AGAIN!
                                imno007

                                Frege and Other Philosophers = LoL, that IS good for a laugh. :smileyhappy:

                                • Re: Book Prices AGAIN!

                                   

                                  imno007 wrote:

                                  Actually, the biggest reason so many of the big publishers are willing to sign on with Apple is because Apple is telling them that it's perfectly fine for them to charge as much as they want, unlike Amazon, which holds them to the $9.99 model.

                                   

                                   

                                  However, Apple's model is turning some heads.  They're allowing publishers to set the price, however, they take 30%.  This is different than what publisher's are used to:  which is retailers paying up front a discounted price and marking the books up.

                                   

                                  Random House has refused to sign up so far.

                                  • Re: Book Prices AGAIN!
                                    imno007 wrote:

                                    Actually, the biggest reason so many of the big publishers are willing to sign on with Apple is because Apple is telling them that it's perfectly fine for them to charge as much as they want, unlike Amazon, which holds them to the $9.99 model.

                                    Ummm ...I think this is backwards.  Retailers don't tell manufacturers (in this case, publishers) how much they can charge for their product.

                                     

                                    For example, Amazon pays $12 for many of the NYT best-sellers they offer.  They choose to charge $9.99.  They lose money on those sales.  They don't tell the publisher, we're only charging $9.99 so you can only charge us $8 in stead of $12.

                                      • Re: Book Prices AGAIN!
                                        imno007

                                        Well, what the publishers are actually crying about is that Amazon is"devaluing" their titles in the eyes of the public by selling them for $9.99. Which is entirely correct, of course, in my opinion, because I know that when I walk out of a bookstore with a $8.50 paperback that had to be printed, warehoused, transported and shelved, that I can loan out or give away as I see fit, I always feel guilty, almost like I've stolen it, because it's so unbelievably inexpensive.

                                          • Re: Book Prices AGAIN!
                                            sub_rosa

                                             

                                            imno007 wrote:

                                            Well, what the publishers are actually crying about is that Amazon is"devaluing" their titles in the eyes of the public by selling them for $9.99.

                                            I understand that this is the complaint.  But if you look at the current NYT bestsellers, and the prices they sell for, it starts to unravel in my opinion.

                                             

                                            The current NYT bestseller in the category of hardcover fiction is Jodi Picoult's "House Rules."  It has a MSRP of $28.00.  You can buy it on Amazon for $13.99 - which is half off.  Doesn't that sale price "devalue" the hardcover as much as a $9.99 eBook?  That particular title is not available as an eBook at any price because of the publisher's anti-eBook policy (which Jodi Picoult herself disagrees with).

                                             

                                            Number two on the hardcover fiction list - "The Help" by Kathryn Stockett.  MSRP is $24.95, and you can buy the eBook for $9.99 at B&N and Amazon.  It is available to borrow for free from my local eLibrary.  Is it devalued?  Hmmmmm....let me think.  IT'S NUMBER TWO ON THE NYT BESTSELLER LIST!  It doesn't appear that the availability of a rationally priced eBook has hurt its sales in any way.

                                             

                                            Please, John Sargent - come on this board and let's debate this issue.

                                             

                                             

                                              • Re: Book Prices AGAIN!
                                                sub_rosa

                                                Here's a 10-minute video of Sargent getting owned by an agent and another publisher.  Notice how out of step he is on the new technology and the challeges ahead.  This is not the guy I'd want leading my company:

                                                 

                                                http://www.youtube.com/watch?v=e2b46fHUE7c

                                                 

                                                 

                                                  • Re: Book Prices AGAIN!
                                                    LarryOnLI

                                                    @sub_rosa,

                                                     

                                                    What was your problem with John Sargent in that video?

                                                     

                                                    Whether or not you agree with his statements, he was articulate and clear. If I was a stockholder in Macmillan I would have no problem with him regarding that appearance.

                                                     

                                                      • Re: Book Prices AGAIN!
                                                        sub_rosa

                                                        Unfortunately he didn't get to answer the agent's question about pricing "back list" eBooks that have already had their day in the sun - the other publisher cut him off.  I think that would've been another opportunity for Sargent to stumble around and contradict himself.

                                                         

                                                        To me, the agent got it right when he accused Sargent of corporate double-speak.  Sargent acknowledged that the industry standard for author royalties is 25%.  He then revealed that Macmillan pays 18.6% on average for all it's other formats combined, and decided on eBook royalties by "rounding up" to 20%.  That doesn't strike me as a particularly well-reasoned approach to setting royalties on this new format. 

                                                         

                                                        Then he says that royalties are set depending on the negotiating strength of an author and his/her agent.  One author gets more, and another will get less.  It's done on a case-by-case basis, in other words.  Then, a second or two later, he contradicts himself by saying that he won't do it (set royalty rates) "piecemeal" but "as a whole."  I'm confused by his answer.

                                                         

                                                        I'd love to see the entire conversation.

                                                         

                                          • Re: Book Prices AGAIN!
                                            LarryOnLI

                                            Barnes & Noble should take note  of how Borders is dealing with this.

                                             

                                            Borders is to be commended for keeping their customers up to date on what is happening with eBook prices. As a result when the prices go up Borders customers know where to direct their anger.

                                             

                                              • Re: Book Prices AGAIN!
                                                sub_rosa

                                                Why don't you tell us what Borders is doing, Larry?  I have no idea what you are talking about, but it sounds good!

                                                 

                                                 

                                                  • Re: Book Prices AGAIN!

                                                    Looks like there are a couple other illuminating paragraphs on that page:

                                                     

                                                    About 70% of our titles will continue to be discounted with our every day good discounts and Rewards dollars. Top publishers who will continue to allow you to enjoy great discounts include Harlequin, Random House, Samhain, and more;

                                                     

                                                    And:

                                                     

                                                    Popular Authors whose titles will continue to enjoy discounts for you include, by publisher:

                                                     

                                                    The list included a large number of authors from Random House, Harlequin and Samhain.

                                                  • Re: Book Prices AGAIN!
                                                    LarryOnLI

                                                     

                                                    LarryOnLI wrote:

                                                    Barnes & Noble should take note  of how Borders is dealing with this.

                                                     

                                                    Borders is to be commended for keeping their customers up to date on what is happening with eBook prices. As a result when the prices go up Borders customers know where to direct their anger.

                                                     

                                                     

                                                     

                                                    Actually I was just referring to the post above with the link from booksonboard.

                                                     

                                                    Borders just seems to be keeping their customers informed about what the publishers are doing and how that will effect prices. As opposed to B&N which just changes prices and leaves us in the dark about why.

                                                     

                                                    • Re: Book Prices AGAIN!
                                                      FrogAlum

                                                       

                                                      LarryOnLI wrote:

                                                      Barnes & Noble should take note  of how Borders is dealing with this.

                                                       

                                                      Borders is to be commended for keeping their customers up to date on what is happening with eBook prices. As a result when the prices go up Borders customers know where to direct their anger.

                                                       

                                                       

                                                      I totally agree with you on this, B&N still hasn't come out with anything of note.

                                                       

                                                    • Re: Book Prices AGAIN!

                                                      I do believe the publishers and distributors are now trying to see how great an increase in price the eBook market will accept.

                                                       

                                                      During the past month I have noted a definite increase in the price of the same eBooks I had considered buying earlier and today I found that an eBook I would like to buy is $4.00 more than the same book in the mass market (paperback) format.  I have decided not to buy what I deem "over-priced" eBooks and may even go back to paperbacks and hardcover books. 

                                                        • Re: Book Prices AGAIN!
                                                          lorabele

                                                          So frustrating.  Jodi Picoult books, as of 5 minutes ago:

                                                           

                                                          The Pact

                                                          B&N $10.99

                                                          Amazon $4.79

                                                           

                                                          Harvesting the Heart

                                                          B&N $12.99

                                                          Amazon $9.75

                                                           

                                                          Keeping Faith

                                                          B&N $9.99

                                                          Amazon $7.99

                                                           

                                                          Now, in their defense, B&N has a few books that Amazon does not, but all that they have that Aamazon doesn't are well above the $9.99 range.  So does Amazon refuse to carry them if the publisher demands a higher price, same as ITunes does for music?

                                                            • Jodi Picoult titles
                                                              Doug_Pardee

                                                              @lorabele:

                                                               

                                                              Welcome to April 2, one of the 'tween' days for the 'Agency Model'.

                                                               

                                                              The Pact is published by HarperCollins, who reportedly is not enforcing Agency Model pricing until tomorrow. You can still get it from Sony for $5.39.

                                                               

                                                              Keeping Faith is also published by HarperCollins. Sony has it for $10.79, which is even more than B&N.

                                                               

                                                              If you want either of those two titles at the discount price, I recommend that you buy them today. I fully expect both of them to be at Required Ebook Pricing tomorrow.

                                                               

                                                              Harvesting the Heart is published by Penguin. Amazon hasn't reached a contract with Penguin, and Penguin is temporarily allowing Amazon to sell Penguin e-book titles that were released prior to April 1, apparently under its existing (not Agency Model) contract. That may go away tomorrow, or not. We'll see. In any event, if you want to read it on the nook, you'll have to pay the Required Ebook Price of $12.99.

                                                                • Re: Jodi Picoult titles
                                                                  Doug_Pardee wrote:

                                                                  @lorabele:

                                                                   

                                                                  Welcome to April 2, one of the 'tween' days for the 'Agency Model'.

                                                                   

                                                                  The Pact is published by HarperCollins, who reportedly is not enforcing Agency Model pricing until tomorrow. You can still get it from Sony for $5.39.

                                                                   

                                                                  Keeping Faith is also published by HarperCollins. Sony has it for $10.79, which is even more than B&N.

                                                                   

                                                                  If you want either of those two titles at the discount price, I recommend that you buy them today. I fully expect both of them to be at Required Ebook Pricing tomorrow.

                                                                   

                                                                  Harvesting the Heart is published by Penguin. Amazon hasn't reached a contract with Penguin, and Penguin is temporarily allowing Amazon to sell Penguin e-book titles that were released prior to April 1, apparently under its existing (not Agency Model) contract. That may go away tomorrow, or not. We'll see. In any event, if you want to read it on the nook, you'll have to pay the Required Ebook Price of $12.99.

                                                                   

                                                                   

                                                                  Thanks for the heads up,  I have had the Sookie books on my wishlist at B&N and the boxed set went from $31 to $55,  they are published by Penguin.  So I just headed over to Amazon and saw they still had them for the Kindle at the lower price and purchased them there.

                                                                   

                                                                  Linda

                                                                   

                                                                    • Re: Jodi Picoult titles
                                                                      lorabele

                                                                      I thought we could read everything EXCEPT Kindle books.  Can we side load those as documents?

                                                                        • Re: Jodi Picoult titles
                                                                          Starearedkid

                                                                          So, I looked at Amazon. They are starting to get everything over to the agency model. What I did like under each kindle book that fell under the publishers participating in the agency model, they stated that the price was set by the publisher. I know who publishes most of the books I read, but it would still be nice to see it there in black and white.

                                                                          • Re: Jodi Picoult titles

                                                                             

                                                                             

                                                                             

                                                                            lorabele wrote:

                                                                            I thought we could read everything EXCEPT Kindle books.  Can we side load those as documents?

                                                                             

                                                                            No, you can't.  The only thing Kindle books can be read on are a Kindle or one of it's applications for PC, Mac, BB, or iPhone/Touch.

                                                                             

                                                                      • Re: Book Prices AGAIN!
                                                                        FrogAlum

                                                                         

                                                                        lorabele wrote:

                                                                        So frustrating.  Jodi Picoult books, as of 5 minutes ago:

                                                                         

                                                                        The Pact

                                                                        B&N $10.99

                                                                        Amazon $4.79

                                                                         

                                                                        Harvesting the Heart

                                                                        B&N $12.99

                                                                        Amazon $9.75

                                                                         

                                                                        Keeping Faith

                                                                        B&N $9.99

                                                                        Amazon $7.99

                                                                         

                                                                        Now, in their defense, B&N has a few books that Amazon does not, but all that they have that Aamazon doesn't are well above the $9.99 range.  So does Amazon refuse to carry them if the publisher demands a higher price, same as ITunes does for music?

                                                                         

                                                                        And Doug was correct, AMZ caught up today on The Pact and Keeping Faith, Harvesting the Heart is still cheaper as it's the Penguin book.

                                                                         

                                                                          • Re: Book Prices AGAIN!

                                                                            Well I guess  B&N looks to make a fortune on the few who want Ayn Rand's Atlas Shrugged and Fountain Head eBooks both are $27 dollars while over at Amazon the Kindles version are 9.99 and 5.99 respectively.

                                                                              • Re: Book Prices AGAIN!
                                                                                FrogAlum

                                                                                 

                                                                                03FLHT2 wrote:

                                                                                Well I guess  B&N looks to make a fortune on the few who want Ayn Rand's Atlas Shrugged and Fountain Head eBooks both are $27 dollars while over at Amazon the Kindles version are 9.99 and 5.99 respectively.

                                                                                 

                                                                                It's not BN, the books are published by Dutton, a division of Penguin, so the publisher set the price.  See earlier posts in this thread about Penguin and Amazon.

                                                                                 

                                                                                  • Re: Book Prices AGAIN!
                                                                                    sub_rosa

                                                                                    You have to actually sell books to make a fortune - and I doubt anyone is dropping 27 and some change for those books.  Anyone who does should be immediately arrested and subjected to a mental evaluation.

                                                                                     

                                                                                    I'm really impressed with the stability and uniformity that the agency model has brought to the eBook market so far.

                                                                                     

                                                                                      • Re: Book Prices AGAIN!

                                                                                        No what they are doing is exploiting the market right now with those two.  I heard an interview on Imus the other day with the publisher or someone involved with Ayn Ryand estate only caught last part put they have sold over 500,000 this year of Atlas Shrugged this year or something close to that with the way the Country is going.   From what I understood a lot of people are picking that up.

                                                                                          • Re: Book Prices AGAIN!
                                                                                            sub_rosa

                                                                                            With increased interest in Rand's work, whether well-placed or not, you'd think they'd price it to sell rather than so high that nobody's likely to pay for it.  You can get both books in print format for half of what one of the eBooks costs.

                                                                                             

                                                                                • Re: Book Prices AGAIN!
                                                                                  Hypatia1

                                                                                  There are still some bargains out there - $1.98 + tax for an omnibus edition of the first two Jeeves books and "The Handmaidens Tale" is available for $3.98+tax - a great bargain. This is Margaret Atwoods best book - much better than "The Year of the Flood" which costs $14.82+tax for the e-book - more than the cost of buying a used hardback edition.

                                                                                   

                                                                                  On the other hand the new Elizabeth Peters as an e-book costs only 50 cents less than the discounted hardback so now I am on the list to get this from the library and I have decided not to bother getting "Veracity" which was a book with intriguing reviews from a new author since at the inflated price they are charging for the e-book its not worth the risk for me when there is just so much else to read... Not clear to me how the new pricing scheme is going to lead to profits for the publishers since I will be spending a lot less until prices make sense again than I did before when the convenience of e-books meant I was buying even more books than before I got my nook..

                                                                                   

                                                                                • Re: Book Prices AGAIN!

                                                                                  Love my Nook...

                                                                                   

                                                                                  however, when the cost an e-book begins to equal or exceed the cost of an actual paper book .... I will go back to the library.  or.. buying the book and actually being able to pass on (or share) a good book with a friend who does have a Nook or e-reader..(at least then I'll feel like the cost of the book was worth it.)

                                                                                   

                                                                                  Regarding the fact that the publishers are "setting the price" - why are Amazon's e-books less expensive than B&N?

                                                                                   

                                                                                   

                                                                                  • Amazon and HarperCollins giveaway: mistake?
                                                                                    Doug_Pardee

                                                                                    TeleRead is reporting that over the weekend, 21 HarperCollins e-books were priced at "free" on Amazon, and only on Amazon.

                                                                                     

                                                                                    The author of the article at TeleRead seems to think it was deliberate, but other indications suggest that it was a mistake. The e-books in question have been pulled from sale at Amazon.

                                                                                     

                                                                                    If the give-away were deliberate, that presumably would be a violation of either Amazon's contract with HarperCollins or of HarperCollins' contract with Apple. Apple's reported contracts with the 'Agency 5' do not permit e-books that Apple sells to be sold elsewhere for less.