Pricing a Niche eBook

Discussion in 'Copywriting' started by BrendanR, Aug 30, 2008.

  1. internetauthor

    internetauthor Peon

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    #21
    Or if that scares you, let someone market it for you for a percentage or set fee per sale. Affiliate sales, anyone?
     
    internetauthor, Aug 30, 2008 IP
  2. marketjunction

    marketjunction Well-Known Member

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    #22
    Yep. That's part of the plan that I was talking about.

    I could write a how-to book on folding dollar bills into fun things tonight and I'm positive that over time I'd make over $1,000 from it. So why sell it for pocket change?
     
    marketjunction, Aug 30, 2008 IP
  3. internetauthor

    internetauthor Peon

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    #23
    It's good to know you have such an arsenal of skills in reserve in case this writing and webmaster hobby of yours dries up.

    Of course, some will argue that they need money now, not in a year or even a month. It's a fair argument, but personally I'd sell something else in the short-term and save the big money-makers for my own use in the long-term.
     
    internetauthor, Aug 30, 2008 IP
  4. YouTubeMarketing

    YouTubeMarketing Peon

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    #24
    I think it all depends on the content that you are offering and in some cases how long the ebook is. Pricing an ebook is dependent on what YOU think your book is worth. You just have to convince your audience that it's worth that much too. You may be revealing information no one else knows, which in that case the book would be worth ALOT....It just all depends
     
    YouTubeMarketing, Aug 30, 2008 IP
  5. marketjunction

    marketjunction Well-Known Member

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    #25
    1. Yeah, if this hobby ever gets boring, I think I'll get a job as University professor. ;)

    2. Funny thing about "just for right now." It usually ends up being a very long time.
     
    marketjunction, Aug 31, 2008 IP
  6. kiteguy123

    kiteguy123 Guest

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    #26
    Really? Say you can sell the book for $15 or so, that means 7 books sold and you've made a profit. If you market it right, then you would surely be able to sell around 50 books (at least), and that measns $750. I too would be wary of $1k, but I wouldn't want to sell master rights to one of my books for any less than $350 or so.
     
    kiteguy123, Aug 31, 2008 IP
  7. jigordon

    jigordon Peon

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    #27
    As an author of a niche book myself, I would echo the comments made by marketjunction and others that you should not write the book with the intent to sell the manuscript to someone else for future release.

    The tools already exist in this world for you to EASILY and WITHOUT COST, convert your manuscript into a workable eBook (or physical book) quickly and then sell it yourself for whatever price you want to charge.

    Personally, I use Lulu (www . lulu . com). They're free (they make money off each sale of your book, so there's no cost to you before anyone buys anything... and even then, they take it "off the top" so you simply get a royalty payment each month based on the total sales volume). They're easy to use (it takes about 20 minutes to go through the project creation process (assuming you've already written the book). You'll have to do a little reformatting to get the book into their size standards (but they have a lot of online help for understanding how to do that).

    But then poof: instant book. They even have an online storefront for you (also free). Then all you have to do is advertise.

    Good luck!

    ~Jeff
     
    jigordon, Sep 1, 2008 IP
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  8. lightless

    lightless Notable Member

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    #28
    Marketjunction is a god. Write down his teachings and follow them faithfully. :D
     
    lightless, Sep 1, 2008 IP
  9. newbyr

    newbyr Peon

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    #29
    Great Post marketjunction I will take this to heart.
     
    newbyr, Sep 2, 2008 IP
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  10. imnocost

    imnocost Active Member

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    #30
    A good way to get an idea for the price of an ebook is to visit clickbank.com or other ebook sellers and try to find some ebooks related to yours and see what they are selling theirs for.
     
    imnocost, Sep 13, 2008 IP
  11. ceemage

    ceemage Well-Known Member

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    #31
    We need to start referring to marketjunction as 'the voice of reason on DP.' Do you think that would amuse, amaze or irritate him? Or all three? :p
     
    ceemage, Sep 14, 2008 IP
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  12. nuruddeen710

    nuruddeen710 Peon

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    #32
    How much does it takes to hire a writer to write a good book nowadays? Is it $100?
     
    nuruddeen710, Sep 16, 2008 IP
  13. crumblepie

    crumblepie Well-Known Member

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    #33
    I'd say keep full rights to the book and sell copies for $15 each. That's what works best for me ;)
     
    crumblepie, Sep 16, 2008 IP
  14. marketjunction

    marketjunction Well-Known Member

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    #34
    LOL.

    It would amuse me. :D

    Thanks for the kind words.
     
    marketjunction, Sep 16, 2008 IP
  15. Guyserbun007

    Guyserbun007 Active Member

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    #35
    Pricing your ebook too high will give more incentive for potential buyers to look for a pirated version too.
     
    Guyserbun007, Sep 23, 2008 IP