Ifyou charge too little, people will think it's oflittle value, and they won't purchase it, or even itthey do buy your book, you will have to sell thousandsof copies to get to the point where you can begin tosee a profit ken griffey shoes.If you price it too high when compared with yourcompetition, you will find yourself steadily loweringthe price, which will cause you all kinds ofnew problems in the future.
For example, if you sellyour ebook at first for $39 lebron 10.99, and later reduce it to$24.
95, don't you think the people who bought it for$39 nike heels.99 are going to be dissatisfiedChoosing the right price for your ebook is one of themost critical parts of the marketing process.
Thefirst rule of pricing ebooks is to never underprice Air Jordan for sale.Determine the highest price your audience can afford,and then if you find your book isnt selling, you canalways reduce the price.
Before you take that step,make sure you are promoting your book like crazy onthe Internet and on websites.The price should be aimed at bringing in profits, but you should never forget that price is one of thefactors that people use in judging the value of your ebookbefore they buy it. So always start with the highesprice, and then launch a mega-marketing campaign.Pricing an ebook is particularly difficult becauseebooks are a fairly new commodity. Since they aredigital, the value of an ebook is as confusing as theunderstanding of what digital actually is to theaverage layperson.This means that we must look at ebooks in a differentlight in order to determine their actual worth.Let's look at the difference between a book in printand an ebook. A printed book is an object you can holdin your hand, store on your bookshelf, even hand downto the next generation. It is priced on factors suchas paper stock, design and production costs, andmarketing.But the fact that unites ebooks and print books isthat they are composed of ideas. It is the ideas inthese books that have the ability to change, orpossibly transform, people's lives.What do you think an idea is worth when evaluatedagainst the cost of paper and inkIt is the IDEAS that are valuable! That is how youdetermine the cost of your ebook.What should I charge for my ideasThere are all different formulas and methods fordetermining the correct price for your ebook. Let'sbegin with honing in on your ultimate goals.Decide if your goal is to get wide distribution andmaximum exposure. This goal is aimed at drawingcustomers to your business or service, or toestablishing the credibility of your reputation. Ifthis is your main goal, you should aim to keep yourprice on the low side.Some authors have even priced their ebooks at aprofit loss to draw a high number of new customers.The key is to find a price that maximizes your profitsand the number of books you sell.This is an excellent pricing strategy if you arelooking to acquire long-term customers. Long-termcustomers are extremely likely to buy from you againand again as long as the first ebook they buy is ofexceptional quality and beneficial to the customer. Now that we've covered those aspects of pricing yourebook, let's turn to some of the other factors thatyou need to take some time in considering. However, if your book contains valuable and moreimportantly NEW information, references, or techniquesthen you should aim to price it on the high end.After you figure out your goal, you must figure outwhat your audience's need is for your ebook. Forexample, does your book solve a particular problem Ifit does, and solves it in a way that hasn't beenwritten about in one hundred other ebooks, you will beable to achieve high sales at a high price.If your book solves a problem or answers questions in anew and unique way, you should price your book as high asyou can go. You will achieve larger profits this way,but bring in fewer customers. Just make sure thequestion or problem that your book solves is one thatis important and relevant to the majority of yourmarket audience.If your ideas are not common knowledge, or youare presenting a brand new technique, you will beable to sell books at a high price. Just be preparedfor your competition to undercut you on price as soonas they hear about your book.Keep in mind that the above pricing strategy istemporary. Eventually, you will cease to sell books atthis high price. So figure out in advance how long youplan to offer your ebook at this high price, and whenthat time is up, change your pricing strategy.If you want to see large profits over customer draw,aim for an audien