The Motley Fool Discussion Boards

Previous Page

Personal Finances / Living Below Your Means


Subject:  Re: Why Yes, My Kindle Does Save Me Money Date:  10/5/2012  10:18 AM
Author:  LaraAmber Number:  867793 of 890137

Absolutely. I got a kindle last year and I've probably spent way more on books then I was before. Some of the paperbacks that are 5.99 at Target are 8.99 on Kindle!! This pisses me off and many times I won't buy them just for that reason.

I do buy a lot of independent authors and free books, so some of it may balance out. Still. I went to the library the other day because I couldn't stomach the thought of paying 13.99 for a non-physical book. I think ebook pricing is currently WAY too high.

I agree on some titles that prices are too high. (I've paid $14 for an e-book, but those are non-fiction mostly science titles where I figure they aren't going to sell that many copies and years of research went into the work). I think the prices are going to start to drop, or hold steady while inflation goes up (so an effective drop).

First because several publishing houses just lost court cases on charges of price fixing and others are in the process. So the "we tell you what you can sell our books for" is going to go away and places like Amazon can get back to selling certain titles for a loss. Second, as library systems offer more and more e-book titles for borrowing consumers have the decision "do I buy this title or do I get it for free but have to wait to get it until the person in front of me returns it". I think a person is more likely to go ahead and pay $5 for the convenience of not waiting then $10. Third, the rise of smaller "presses" and self-publishing is going to put pressure on it as well. Why should I pay $15 for an ebook new release when I have so many other titles to read for $1-$3 and next year I can get the exact same e-book version for $8? A Possible Fourth, I wonder if Amazon Prime is going to test the waters on for-profit libraries. I'm getting to borrow 12 books a year for $79 (plus the two day shipping, etc). Would I and others be willing to pay an extra $25 for 24 or 36 books a year if they also drastically increased the selection? Especially if it meant getting to borrow books for "free" that library systems probably won't purchase for another year or longer?

A fri