Aug 5 2007
I’ve purchased most of my books at Fictionwise. I’ve long thought that its Buywise club was a smart purchasing decision. After all, I buy alot of ebooks and it just seemed to make sense. I sat down with my laptop, an Excel spreadsheet, and Ned and learned that I really haven’t been spending my money wisely after all.
The Buywise Club at Fictionwise. Is it worth it?
I buy alot of books at Fictionwise but recently I’ve wondered whether I am getting the most bang for my buck. In other words, should I be shopping around? I’ve been a Buywise Club member for as long as I can recall. To be a member of the Buywise Club, you have to pay an annual fee of $29.95.
I had Ned do the math for me and you have to buy 27 books in order to break even with the club membership. (That’s 27 books at $6.00 per book with one free $6.00 book).
If you buy more than 27 books, being in the club makes sense. If you buy less than 27 ebooks a year, Fictionwise Buywise club doesn’t work for you.
- 28 books x $6.00 = $168.00 (purchase without club benefits)
- 27 books x $5.10 (15% discount) + $29.95 + 1 free book = $167.65 (purchase with club benefits).
For every book above 27 books you paid for (because you get 1 free), you would be saving .15 per dollar spent. In our example, you would save $.90 for every $6.00 book. If you bought 99 books (because you get 1 free with the club membership), you would save $65.15.
How does All Romance eBooks compare to Fictionwise’s Buywise Club?
All Romance eBooks has a deal where you get 1 book free for every ten purchases. There is no cost to the book club and the “free book” is a perk that every purchaser gets. How does that compare to Fictionwise’s Buywise Club?
If you buy more than 60 books, Fictionwise’s Buywise Club is a better bargain for you.
- Fictionwise: 60 books x $5.10 (15% discount) + $29.95 + 1 book free = $335.95
- All Romance eBooks: 56 books x $6.00 + 5 books free = $336
Are the Cheapest Prices with the Bookclubs?
We’ve determined that if you buy more than 60 books a year, then Fictionwise’s Buywise Club is a better deal than All Romance eBooks. Now, we turn to whether it is better to buy at Fictionwise than anywhere else on the internet. After all, price comparison is just a click of the keypad away from you. The results will surprise you.
|All Rom Ebooks||N/A||$9.00||N/A||$6.30||N/A||$5.50|
As can be seen by the table above, the prices are lowest at Books on Board except for Simon & Schuster books. Simon & Schuster sells all its ebooks at 35% off the retail price and thus it is always cheaper to buy from the publisher website for Pocket, Pocket Star, etc. book. This really doesn’t make sense for publishers, in my opinion, since it could drive traffic and business to their own bookstores by selling at the 35% off rate like Simon & Schuster.
Books on Board, while it has great prices, has an unwieldy purchasing system which requires you to wait for an email with a verification code. You paste the verification code into your account center. That said, if you don’t mind the extra hassle, Books on Board is the place to shop right now.
Fictionwise’s Buywise club doesn’t make much sense (this is what I would use on a regular basis) because you can get the cheap prices from Powells, Diesel or Books on Board. Sadly, even with the micropay, the Buywise Club doesn’t make financial sense. At this point I can’t see renewing my Buywise Subscription. I’ll be shopping at Books on Board, even with its unwieldy purchasing system because not only does it have the lowest prices, but it also has the books on time where as Fictionwise is always selling the books a week late.
*Mobipocket format is slightly more expensive most of the time.