Y’all know I buy from Amazon, but unthinkingly so I reblogged this post to remind me to think about it. I admit that my book sourcing go to list is 1) library, 2) Amazon, 3) used bookstores, and 4) Barnes and Noble. Krystal @Pages Unbound offers good food for book lovers’ thought.
Amazon Sells Books at Loss
It’s no secret that Amazon’s cheap prices come from selling books at a loss. News stories about the company’s practices have been making news for years. The Seattle Times, for instance, reported in 2012 that Amazon was asking McFarland & Co. to buy their books 45% off the cover price– a deal that would lose the publisher money. Around that time, the company offered Berkshire the poor deal of paying than 40% of the cover price. In 2015, The Washington Post covered a story about the American Booksellers Association’s concern with Amazon selling books below cost. Their concerns stemmed from the inability of smaller publishers to provide such deep discounts, an inability that could lead to fewer publisher to stay in business. Now a May 2018 New York Times article is making the rounds of the book blogosphere as it predicts the…
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