@Soubriquet
I always wonder why the release hardbacks before paperbacks but I think it’s because hardbacks cost more and they hope people are willing to spend more to get that new book as quick as possible
At the risk of enraging you rather than enlightening,
Soub, you’re totally right. It’s basically the book world equivalent of films on cinema release then general release 6 months later.
Cinema release = most profits.
Download/streaming/Blu-ray/DVD = most popular
The profit margin on a £16.99 RRP hardback is much, much more than twice that of a £7.99 paperback. You’ll sell less hardbacks than paperbacks, though, so overall the paperbacks should make you more money. So release first in a fancy HB edition, with all the hype, and sell some but not loads at a high value to committed fans and people who buy to collect, and libraries etc. Then 4-8 months later, release in paperback and sell loads at a lower profit to all the people (like you, and the vast majority) who prefer a paperback.
Newspapers only really review hardbacks, so if you want the hype, and to build buzz, you need a staggered release. That book ‘everyone’ was talking about a couple months ago - ooh, there it is on Amazon for pre-order on the paperback. Bargain, don’t mind if I do...
Extra wrinkle is ebooks, which publishers often sell at insane discounts (like 99p when the hardback is £20) in order to build buzz again - it creates Amazon reviews and ratings and ‘word of mouth’ so they’ll (hopefully) sell even more of the paperback in due course...