Gear Diary Fictionwise Discontinues Buywise Program Due To Agency Model photo

The agency model is making some hardcore waves in the ebook world. First Kobo explained they would be discontinuing coupons, and now Fictionwise has quietly booted their membership program.

Buywise offered 15% off books for members, along with special “micropay rebate” offers. It looks like the discount on the books clashed with the new clauses in agency contracts disallowing deep cuts on prices. Everyone will be offering the same prices on agency books, and, like Kobo, Fictionwise doesn’t want to confuse everyone with “Well, you get a discount on this book…but not this one, that one, or the one in the upper left corner.” It isn’t very consumer-friendly, and it sets the retailers up for the headache of tracking discounts by publisher, a great deal of work and headache for a small reward!

It looks like so far “micropay” has been unaffected, and it may not be impacted at all. Since it isn’t technically a discount it may skirt the new standards entirely, which Fictionwise a very slight edge. They are going to need it; without a discount program, they start to look an awful lot like their sibling store at Barnes and Noble proper, and with everyone in lockstep on pricing…well, if I were Fictionwise/eReader, I wouldn’t be planning too far into the future. Their ecosystem was already weak, and now they have lost a major weapon against integrated devices and stores. From a consumer’s view, the only reason to buy at Fictionwise is for the eReader format, and support for that is rapidly dwindling. It isn’t the beginning of the end yet, but it might be soon…

Do you still shop at Fictionwise/eReader? Will you in the future? Share your thoughts below!

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Carly has been a gadget fiend for a long time, going back to her first PDA (a Palm M100). She quickly went from researching what PDA to buy to following tech news closely and keeping up with the latest and greatest stuff. She loves writing about ebooks because they combine her two favorite activities; reading anything and everything, and talking about fun new tech toys. What could be better?
  • http://www.geardiary.com Michael Anderson

    It has been a while since I bought anything there, and have had mixed success accessing any of it from my iPod Touch / Droid readers … so I haven’t bought more. This cements that …

  • Sharon Stevens Ramos

    Just stumbled upon your article and No I no longer buy from Fictionwise, where I have purchased almost 300 books. Still have a buywise membership that us useless of course I never knew they discontinued it until I was trying to find out how much longer I had on my membership it was not localed in my account information anymore. I had to search to find out why they did not send anything out on it.

    I stopped buying when they dropped 90% of the Authors that I read and when I wrote to them they gave me some BS about the publishers being the issue. Well I replied asking why this is when you are a Barnes and Noble company you advertise it on the front page and you carry the same authors there and now you have forced me to buy my books there or at Amazon for the major publishers for more money of course. BN doesn’t offer any e-book discounts or anything or if you buy in quantity nothing like that. I was very disappointed as I had been a long time customer and it no longer seemed to matter to their business plan to take care of their long term customers. So I used up the rest of my credit and that was it.



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