Vending Machine Sells Books For Whatever Price You Want

from the i'll-buy-that-for-a-dollar dept

While we've seen pay-what-you-want models work quite well for digital goods, it's still uncertain as to whether the model works for tangible goods where the marginal cost of each sold item does not approach zero. However, that doesn't mean people shouldn't try. A Brazilian company launched a line of vending machines that sell books without a set price, allowing customers to decide what they want to pay for the book. That said, it's not entirely pay what you want, since the machines require that customers put a minimum of a 2 BRL note (equivalent to about $1.17 USD) to get a book.

Initial reports claim that "sales at the promotional machines had already more than doubled within just over a month after the program’s launch, and most purchases are indeed paid with a BRL 2 note." While this sounds promising, there's no mention of how much more the books were priced before the new model was implemented, nor the profit margin beforehand. Furthermore, in looking at the vending machine, it's not apparent that customers are given any real reason why they should pay more than the minimum for the book. The books are just placed in a normal looking vending machine -- customers can't leaf through the book or even look at the back cover until after they've bought the book (and decided what to pay for it). This seems like a lost opportunity. Especially in a pay-what-you-want situation, it's still about giving customers a reason to pay more.
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Filed Under: books, pay what you want, vending machine


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  1. icon
    That Anonymous Coward (profile), 25 Feb 2012 @ 9:55am

    Re:

    The problem is not knowing if they are blanks, movies, scrapes of wikipedia, etc.

    People who buy their movies at grocery stores tend to not be the most savvy shoppers, and they are relying on impulse for the sale.

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