Quote:
Originally Posted by PinG
Meh, it was obviously not my intention to compare a price of 1K to a price of 2.5K.
There are two options, first is the author wants to maximize his profits; he most certainly doesn't do that by charging a price of 2500$.
Second option is he wants to be "that guy with the revolutionary book that nobody but the elite players can afford".
I really think option one will get him more profit/fame in the long run and that the high price is only a result of him not understanding how markets work (lol at the diamond analogy). But that's just my opinion and I'm not really willing to argue about that as it's pretty pointless.
Just wanted to say that this is a false dichotomy. What I've actually done is option c) charge the appropriate price for the book, which is closer to a substitute for my old coaching program or accompaniment to the new one than a "book." So that people who buy it feel that there is sufficient barrier to entry, which maximizes their value. Meanwhile, I'm pretty close to maximizing my own value - I'd never sell more than 100x at $25, especially not by self-publishing so that I get all the $; it's possible I'd sell more than 10x at $250 or 5x at $500, but frankly based on sales so far it's close and if it's close I'd rather sell for the appropriate price.
Pretty irritating to read bull**** about I don't know about markets or whatever the **** you're trying to say; I didn't do this without thinking through all the options.
I don't give a **** about poker fame, if I could do this without it, I gladly would. And if they wouldn't offer me as much to make videos I'd gladly not make them.
Wish people wouldn't bump this thread for no reason, anyone who is reading it or posting in it and hasn't seen my website or read the book is just blabbering uselessly.
Normally just avoiding the blah blah blah but just drunk enough to say all this and just sober enough to do it coherently.
Edit: come on now wazz, it's 2.5% flat if you don't count the AAA* and AAAA; 2.57% if you do.
Last edited by LearnedfromTV; 03-03-2010 at 07:21 AM.