Gene Munster, quoted in this Digital Daily article:
We believe this shows Apple is developing brand loyalty not enjoyed by other mobile phone makers.
Gee. Make a product that—unlike the competition—works really well and has an interface that doesn’t get in the way, and you earn brand loyalty. Imagine that.
Electronic Cottage reports that there’s a small-scale user revolt boycotting Kindle titles that are priced higher than the new release and/or bestseller $9.99 price point:
Now, Amazon has many books over the $9.99 price it promised for new releases when Kindle was first launched. That price was a major selling point to convince buyers that the large investment in a Kindle would pay off over time. The price also acknowledged the obvious: a Kindle edition is less valuable than a hardcover; although you cannot pass along your Kindle edition to friends, you are at least paying a significant amount less than the hardcover price. Unfortunately, short-sighted publishers feel they are losing dollars instead of realizing that a $9.99 Kindle sale doesn’t usurp a hardcover sale. It is a brand new entity. A plus. Pure gravy.
Kindle owners have organized a boycott of Kindle editions over $9.99. The uprising is ably helped by Amazon’s own online tools: the 9.99boycott community and a boycott discussion forum. Cleverly, the boycotters are using the Amazon tags feature to tag books over $9.99 with the 9.99boycott tag. Boy, if I were a publisher or author, I sure wouldn’t want to see my books listed at the top of the tag’s “Popular Products” under the boycott tag.
Interesting that part of the article here is that Amazon has provided customers with all the tools they need to create an uprising within their own service. Pay attention to the number of books the author says he purchased at the lower $9.99 price point. Like iPhone applications, there appears to already be a price ceiling forming with the Kindle.
I don’t think this is what Amazon was going for, nor do I think they promised everyone $9.99 books, but (again) like the App Store, the customer base is showing what they’re willing to pay.
(Via Tools of Change for Publishing.)