Sunday 29 January 2012

Amazon Book Pricing Fun

A bowl of kalamata olives.
Image via Wikipedia
I discovered today that Olives - A Violent Romance is now on sale in the UK through The Book Depository. One of the things I did when setting up the international edition was plump for Amazon's Expanded Distribution Channel, which costs a few dollars but which opens you up to distribution through bookshops, libraries and the like. Amazon doesn't actually do a very good job of describing quite what this means, hence my surprise to see The Book Depository selling the book for £7.61 on amazon.co.uk, which is considerably less than its $15.99 US price tag (The book should cost £10.16 at today's exchange rate). I went and did a little digging to find out who The Book Depository are and why they were able to sell my book for less than the US list price.

The Book Depository is actually an Amazon subsidiary based in the UK. They'll sell you a paperback copy of Olives, with free delivery worldwide (including anywhere in the Middle East) for £9.98, despatched within 72 hours. You can order it here.

This means buyers of Olives in the UK and elsewhere get a better deal than those in the US, which is no bad thing. It also means you can walk into any UK bookshop and order a copy of Olives, as well as buying it from Amazon or have it delivered to your doorstep anywhere in the world for under a tenner!

But how can they sell a book for less than I'm charging for it on Amazon.com? Because the Expanded Distribution Channel pays a different royalty, in fact 60% of the cover price of the book goes to Amazon, so it gives them a lot of 'wiggle room' to sell books profitably at lower prices, in fact about $13.50 of wiggle room.

In other words, Amazon is actually undercutting me!

In related good news, they've stuck a promotional discount on the Olives Kindle Edition and you can now buy it for £3.99. Look, I'll even include the link for you right here! :)
Enhanced by Zemanta

3 comments:

DaddyBird said...

It's all about the money with you, isn't it? ;-)

Alexander said...

As I wallow about in a bathtub filled with royalty cheques, I can confirm that this is, indeed, the case! :)

kenna said...

I love Book Depository UK. Amazon acquired them mid last year, was a bit things will change because of it but looks like it changed for the better.
Haven't tried buying from them then shipping the books to anywhere in ME though.

From The Dungeons

Book Marketing And McNabb's Theory Of Multitouch

(Photo credit: Wikipedia ) I clearly want to tell the world about A Decent Bomber . This is perfectly natural, it's my latest...