If print books are returning to prominence, why are they cheaper than e-books?
While book browsing on Amazon the other day, I noticed the price of an e-book is almost always a dollar or two more than the paper version of the same book. The print book costs more for publishers to produce than an e-book, yet is less expensive to buy.
E-books are not physical inventory items, so Amazon has no reason to unload them in a hurry, whereas print books are lying around, taking up warehouse space, so maybe Amazon wants to sell them faster to get rid of them.
Or, maybe it is simply a case of supply and demand and e-books are in higher demand. I seem to remember a time when e-books were much cheaper than print, but that was prior to the smartphone era. You used to have to own a Kindle to read an e-book and Kindles were expensive, so one incentive to buy a Kindle was the ability to buy cheaper books. Now, everyone with a smartphone can use a Kindle app for free and e-book prices are rising.
Amazon wouldn’t raise the price of e-books if people weren’t paying, so people must be willing to pay more for the e-books. That can only be for one reason: convenience. If I decide I want to read A Wrinkle in Time, I can go online and order the e-book and start reading it in less than a minute, or I can order the print version and start reading it next week.
Print books will eventually die off for the same reason video rental stores and printed newspapers are dying off. They are inconvenient and unnecessary.