Why pay more at Borders?

This week if you download a coupon you can get 30% off a full-priced book at Borders. They regularly offer similar kinds of specials.

So far as I know, this is a novel strategy for booksellers in Australia: not discounts on a particular book, and not discounts across-the-board, but one discount on a book the customer chooses (is there a unique barcode for each coupon which protects against fraud?). If the strategy is to get people into the store it is a clever one. It allows all books to attract customers rather than just the specials, but unlike across-the-board discounting it increases the yield on additional purchases.

What Borders don’t tell you is that sometimes you need a coupon for shopping at Borders to make sense. My weekly notice from Borders, which I received yesterday, advertises Colm Toibin’s new novel Brooklyn for $36.50. A Toibin novel is likely to be worth $36.50, but there is no need to pay this much. Other bookstores are selling it for the publisher-recommended price of $32.99.
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