subject: How To Price An Ebook? [print this page] So you've just finished writing your new ebook? Now you will have to determine how much to charge for it.
Determining the ideal selling price is essential to the success of your ebook. If you charge a very low price tag then some people will consider it to be of little value, and they might be hesitant to order it. If you ask for a very high price, then once again you could discover that very few people want to order it.
That"s why selecting the ideal price for your ebook is one of the most crucial stages of writing and selling ebooks.
The first thing you should think about is what amount your target audience can afford to pay. Keep in mind that the price is one of the major elements that people will use to decide the value of your ebook before ordering it.
And that is why some experts advise that you start with a higher selling price, release your ebook with a massive marketing campaign and try to get as many orders as possible at the high price tag first. You can always reduce the price tag in the future.
There are many different formulas floating around for pricing ebooks, but each and every circumstance is unique.
You will do yourself a huge favor if you weigh up your purpose carefully prior to launching an ebook.
Is your principal intention to attract more clients to your business? If that's the case then getting publicity and wider distribution is more important than the profit you might make on this specific ebook. In this instance you should set your selling price at a low level so that you can maximize the quantity of ebooks you can sell and distribute. This is a good pricing strategy if you would like to obtain long-term customers who will buy again from you in the future.
Is your prime intention to present some new and valuable information that readers will have difficulty finding elsewhere? In that case you should set your price at a higher level. This is an effective pricing strategy if you expect the information to be in high demand and you want to maximize the profit you make within the first weeks of your launch.
These are just a few ideas to assist you with ebook pricing however I trust it gives you a few ideas about how to approach pricing your ebook.
