During The London Book Fair, they raised a point which I had never realised. They were talking about why e-books were the same price as a physical, tangible book. It’s something I have asked so many times as I personally don’t want to pay £7.99 for a digital copy when I could have a beautiful, paper copy on my shelf. I love books. I love how they look, feel and taste. Ok, I’m kidding about the last one, but I would never abandon books for a ebook. Maybe if I were wanting to travel and it was easier to pack a Kindle/Nook/Kobo etc (I don’t currently own one) but usually, I’d rather go into a book shop and buy something I can touch and hold. Plus I’m also paranoid about data loss etc. You can’t accidentally erase a book from your bookshelf.
Anyway, the point the speaker made (I can’t for the life of me remember his name, but he worked in the publishing industry) was that printing, shipping, storage etc of a physical book is about 15% of the price. There is no VAT on books.
The VAT on an ebook is 20% so they aren’t actually saving anything by producing an ebook.
It wasn’t something I had ever been made aware of as I just thought they were out to make a quick buck on something they put less work into.
I still honestly wouldn’t pay the same amount though, even knowing that. I feel that if I’m paying that kind of money for something, I want to have something I can see on my shelf, or lend to a friend (without the worry of them having the same technology)
Anyhoo, rant over, I just thought it was something not a lot of people know
Love and hugs