Hi AppNewser readers - we're now a part of Mediabistro's SocialTimes.com. For more great App news, reviews, guides and tips, head over to InsideMobileApps.

eBook Bestsellers Average Price Drops $.61 This Year

The average price for an eBook on Digital Book World’s bestsellers list dropped $.61 during the first week this year.

According to new metrics from Digital Book World and Iobyte Solutions, the average price of an eBook bestseller was $8.23 during the first week of the year, which is down from $8.84 the average price for an eBook bestseller in mid-December.

Digital Book World attributed the drop to retailer discounting. Here is more from DBW: “The decrease in average price is almost certainly due to retailer discounting. For instance, this week’s new No. 1,Safe Haven by Nicholas Sparks (Hachette), was discounted by its retailers to $3.99 on Dec. 20 after several graduated discounts throughout the Fall that saw its price decrease from $9.99, the last price its publisher set. It had been priced at $12.99 when it was new in late 2010 and early 2011. (The ebook was also likely helped by the upcoming film adaptation, set to hit theaters in Feb. 2013.)”

Related Stories
Mediabistro Course

Social Media 201

Social Media 201Starting October 13Social Media 201 picks up where Social Media 101 left off, to provide you with hands-on instruction for gaining likes, followers, retweets, favorites, pins, and engagement. Social media experts will teach you how to make social media marketing work for your bottom line and achieving your business goals. Register now!