Tuesday, September 15, 2009

How To Price Your E-Book

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How To Price Your E-Book



To effectively sell your ebook, you need to give it the right price. Ebook creation and marketing requires both the skill and resources to produce as well as the techniques and approaches to distribute. If you're aiming for longevity in the business, you need to relate price with quality well to maintain a good reputation of producing well-written and informative works.

Determining The Rate

Pricing too high without a good brand or reputation may turn people off and pass off on your offer. Pricing too low on the other hand may also give potential clients the idea that quality may not be the ebooks best trait. It is important that you advertise it properly as well as make a good impression through introductions and graphics to attract more customers. First, you need to determine if you plan to earn through selling the ebook itself or via links and advertising schemes.

If you plan to make money from selling the ebook directly, you have the right to charge a premium price considering that the content is unique and includes several details never before seen in the market. However, if the topic or niche is generally covered by several other ebooks, you may be better off giving it a standard or economical price. Better yet, give it up for free then start looking for opportunities to earn from links and ads. Having additional products or services within the content will help raise its value and price more.

Ensuring Longevity

It pays to study the current ebook market especially the particular niche you're working at. Check out some available products then calculate the general average. You should read the content to know how similar or different your product is. Long term relationships with clients will usually bud from initially low rates. As they learn about the good quality and useful content of your products, you will have more right to price better ebooks higher the next time.

Try running a campaign wherein you target different audiences with similar interests. The only difference is that you're varying prices with each market. Observe how the people respond to the ebook price. It is possible for two markets to have similar results so you should have an idea how much exactly you need to raise or lower in terms of price to get the most profit. Ask friends, colleagues, joint venture partners and consultants how much they're willing to pay for your ebook. Ebook creation and marketing in this manner will emphasize volume sales or a good resell rights price for maximum financial gains.

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