Life of Pi (by Yann Martel, from Houghton Mifflin Harcourt) continues to lead the mid-priced ebook pack. The title continued with strong sales after a price drop at Amazon to $4.99. The book costs nearly twice as much at Barnes & Noble ($9.99). With a book like this — a specific title that is popular today because of an upcoming film — price may not have a huge effect on sales since consumers seeking out the book won’t want a substitute, meaning that it should be rather price inelastic. However, it could be that consumers who discover the title through the movie tie-in decide to buy it more often when it has a lower price.
That said, all week last week, Life of Pi hovered in the low teens in the Kindle rankings and in the high 20s and low 30s at Barnes & Noble — so maybe price is affecting sales.
See the rest of the the best-seller lists for the week ending Dec. 1:
— Top-25 Best-Selling Ebooks
– Digital Book World Best-Selling Ebooks Priced $10.00 and Above
– Digital Book World Best-Selling Ebooks Priced $8.00 – $9.99
– Digital Book World Best-Selling Ebooks Priced $3.00 – $7.99
– Digital Book World Best-Selling Ebooks Priced $0.00 – $2.99
Read and comment on our methodology.
|1/10 (1)||Life of Pi||Yann Martel||Houghton Mifflin Harcourt||$ 4.99||–|
|2/13 (6)||The Hobbit||J.R.R. Tolkien||Houghton Mifflin Harcourt||$ 7.05||+4|
|3/14 (n/a)||My Kind of Christmas (Virgin River Series: #18) :||Robyn Carr||Harlequin||$ 4.00||New|
|4/16 (2)||Mockingjay (The Final Book of The Hunger Games)||Suzanne Collins||Scholastic||$ 5.99||-2|
|5/17 (3)||Catching Fire (The Second Book of the Hunger Games)||Suzanne Collins||Scholastic||$ 5.99||-2|
|6/25 (7)||Safe Haven||Nicholas Sparks||Hachette||$ 7.99||+1|
|7/28 (4)||The Third Wheel (Diary of a Wimpy Kid, Book 7)||Jeff Kinney||Abrams||$ 6.65||-3|
|8/29 (8)||The Hunger Games (Hunger Games Series #1)||Suzanne Collins||Scholastic||$ 5.99||–|
|9/33 (n/a)||Forced to Kill (The Nathan McBride Series)||Andrew Peterson||Amazon||$ 3.99||New|
|10/34 (10)||The 4-Hour Chef: The Simple Path to Cooking Like a Pro, Learning Anything, and Living the Good Life||Timothy Ferriss||Amazon||$ 4.99||–|
* Rank on main list after forward slash; previous week’s list rank in parentheses.
** Price reflects minimum price across all retailers throughout the week. Price may vary between retailers and may change throughout the week. Contact Iobyte Solutions for more information on e-book pricing.
Methodology available here.