Book Price Wars
Amazon and Wal-Mart are engaging in a price war for some “highly anticipated hardback titles” with prices at both retailers dropping below $10.00. Wal-Mart is also offering free shipping.
For the details, see Book wars! Wal-Mart, Amazon slash costs from MSNBC and Book price war: Wal-Mart vs. Amazon.com from ABC.
I ran across these links on Friday’s Publib list digest. Here’s a link to the thread.
Especially interesting were the stock price reactions for not just Wal-Mart (up) and Amazon (down slightly), but also for Borders (down) and Barnes & Noble (down), both of which seem unlikely to be able to compete with the two behemoths.
Commented Margaret Neill, a librarian from Los Cruces, New Mexico:
And libraries have dropped their prices even lower! 🙂
How true! Trust a librarian to put things into their proper perspective!
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