New Thinking on Digital Book Pricing – BookNet 101 – Nathan Maharaj. Fascinating stuff. 2/3 of Kobo books 3 months after purchase were never opened. Charts of anonymized top selling books compared for open-rate, completion rate, and number of reads it takes to either finish or give up.
And he shows cost per hour of reading by genre. Literary fiction cost a lot but gives ones of the best rates of cost per hour, unlike Gladwellian fiction which has a high cost per hour and high abandonment rate.
Other videos from the forum including Getting to know the Canadian book buyer.
[Hat tip to Jeremy Hanson-Finger]