Sep 11 2012
Tuesday News: HarperCollins abandons agency pricing; California federal court rules BNs’ Terms of Service not enforceable; Google Docs now editable on mobile platforms
Thanks to our sharp eyed commenter, Rosie, we led the scoop on HarperCollins’ abandonment of agency pricing yesterday. From there, Laura Hazard Owens, worked her contacts and got a confirmation from Amazon that it was indeed going crazy with the discounting of HarperCollins books. Followed close on the heels of this was a Books on Board email that said “BooksOnBoard welcomes back Discounts for Harper Collins eBook titles! This week only! 24% Off all HarperCollins eBooks!” All Romance eBooks confirmed for me that HarperCollins books could now count toward buy club purchases and future promotional programs. (This also means that HC books can be part of Smart Bitches’ Sizzling Book Club).
Despite some industry experts’ suggestions that the industry would remain in stasis until well into the holiday buying season, it’s likely the settling publishers are anxious to put these lawsuits behind them and ensure no interruption in book selling during one of the most important times of retailing during the year.
Most of the discounts appear to be in the 10-20% range, but all appear to have some kind of discount. How do you know? Look at the lines underneath the price. If it says “price set by publisher”, it’s still agency pricing. As you can see by the HarperCollins published book, however, it says only “Sold by HarperCollins.”
My take from all this? Dear Author has some of the best commenters on the internet.
This could have far reaching effects including determining whether a product is a sale (it does say “buy” not “rent”) versus lease.