How to save $2,000 on your next book, new survey says
The new survey by the Harvard Business Review found that the average cost of a book in Australia is $2.26, down from $3.25 in 2016.
The survey also found that Australians spend around $30,000 more on book rental per year than Americans, which is an improvement from previous years.
The survey, which was conducted by PricewaterhouseCoopers and the Australia Booksellers Association, also found Australians are willing to pay more than Americans for books, but only after having read the book.
“I think there is some recognition that it’s important to get a book out and people are willing and able to pay for it,” Ms O’Connell said.
“But it’s not a good place to start a new book.”
Ms O’Brien said she found the average price for a book to be $3,500, but the survey did not show that this was a cost that consumers could afford.
“The majority of people who did not purchase a book said they didn’t like the price,” she said.
The average cost for a paperback book in 2018 was $1,950, down $250 from last year.
“A lot of people do not like the fact that they’re paying more for a copy of their book,” Ms McLean said.
Topics:books-literature,literature-literary-fiction,books-and-books,annalies-andamptham-6000,australiaFirst posted April 02, 2019 07:39:35Contact Melanie McLeanMore stories from New South Wales