There are loads of books with a list price of 39.99 but have been discounted to 5.38.
Yes - that is a $35 discount - 86%.
How is this possible?
Surely every time the book sells, amazon make a huge loss because the royalty they give the author is significantly higher than what the customer pays?
I'm talking about paperback books.
My guess is that these are trad-published books that have been remaindered. If a book isn't selling, at a certain point the publisher will decide it isn't worth warehouse space and will sell it to Amazon or B&N for a dollar or two, just to get something for it, rather than just pulping it.
They are createspace published books.
They also look to be self published - home made - crammed full of mistakes - looks as though the author's first language isn't English.
Poor cover, over 100 reviews - all not genuine.
Even the 1 star reviews - the genuine - complain about the fake reviews
It just amazes me to think that some guy can put out a low quality fake book and rip off amazon
The customer pays Amazon $5.
Amazon pays him $20 royalty.
Clearly Amazon is losing out here?
What's worse? The book is 5,000 in the rankings.
Must be selling 15-20 copies a day.
Author is raking it in, Amazon losing thousands of dollars by selling his book.