Is Amazon Trying to Create Scarcity With Plan to Re-sell eBooks?

The law of supply and demand says if the supply is lower than consumer demand, the price will increase accordingly. The link below will take you to an article that argues Amazon may be attempting to create scarcity in the ebook market with its patent to resell used ebooks. I have no idea, but I have been reading what I can about this topic. If you are interested in following this story, you might want to read this article.

http://www.zdnet.com/amazon-lands-patent-on-marketplace-for-selling-on-used-digital-content-7000010917/

More News on Amazon's Plan to Sell Used eBooks

TechCrunch published yet another article on Amazon's plan to sell used eBooks. While the focus in this article is on the fate of other online digital resellers, this news seems to confirm the story I posted earlier in this blog about Amazon's decision to pursue this course of sales.

Regardless of the focus of the story concerning this latest plan by Amazon, this is something self-publishing authors need to keep track of. A significant portion of my publishing revenue comes from my Kindle sales.

If Amazon can pull this off, it will be able to direct a lot of sales away from "new" ebooks by pricing the used ebook at a lower price, thereby cutting into the royalties authors earn from the sale of new ebooks.

I would also imagine it won't be long before other ebook retailers follow suit and begin to search for ways to sell used Nook books, etc.