ENTRIES TAGGED "Cliffs Notes"

Used ebooks: Why your assumptions are wrong and the opportunity is huge

It can be so much more than simply lower-priced versions of the original work

Amazon has a patent and now Apple does too. I’m talking about the techniques both companies might use to let you resell your digital content. They join ReDigi, who already offers a platform to resell your digital music.

Ebooks are next, of course, and the concern I hear isn’t so much about the legal aspect but rather the risk of cannibalization. Most publishers seem hung up on the notion that a used ebook sale will mean one less original sale for them. And even if they participate in the used ebook revenue stream, they’re concerned that the selling price will be lower, so they’ll make less when cannibalization happens. I think that’s a very shortsighted view of the opportunity.

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