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After you figure out your goal, you must figure out what your audience's need is for your ebook. For example, does your book solve a particular problem? If it does, and solves it in a way that hasn't been written about in one hundred other ebooks, you will be able to achieve high sales at a high price. If your book solves a problem or answers questions in a new and unique way, you should price your book as high as you can go. You will achieve larger profits this way, but bring in fewer customers. Just make sure question or problem that your book solves is one that is important and relevant to majority of your market audience. If your ideas are not common knowledge, or you are presenting a brand new technique, you will be able to sell books at a high price. Just be prepared for your competition to undercut you on price as soon as they hear about your book.
Keep in mind that above pricing strategy is temporary. Eventually, you will cease to sell books at this high price. So figure out in advance how long you plan to offer your ebook at this high price, and when that time is up, change your pricing strategy.
If you want to see large profits over customer draw, aim for an audience that is looking for easy solutions to their problems at a low price. If your book is aimed at solving one particular problem rather than general advice, then you can charge more. Start at highest price market will bear to bring in largest profits, and plan to discount book a number of times throughout year.
Marketing Strategies
The key that unlocks sales potential of your ebook is to find a single sentence that becomes your selling handle. This sentence states what question or problem your book answers and benefits your ebook can provide. Then be sure to use that sentence in every piece of sales and promotional material, and every time anyone asks you about your ebook.
Besides promoting your books assiduously online, there are several other strategies that can help you sell more books.
One is to give something away for free with your book, such as a valuable bonus item. Or bundle several ebooks under one price, which lowers price for each ebook if they were sold separately.
An effective technique for figuring out a price is to send out a survey to your current customers. If these customers have already bought an ebook from you, ask for their opinion in terms of price. Do this by creating a sales page for new book, but don't include a price on that page. Instead, add a number of links to survey questions that ask pointed questions to aid you in assigning a price to your ebook.
Another strategy is to test out prices by creating a number of duplicate sales pages with different prices on each page. Make sure your sales copy is exactly same on every page, and includes your selling-handle sentence. Then figure out for each page conversion ratio between visitors to your site and sales of your book. This will tell you what your optimum price is.
Ultimately, if you've written a book that solves a problem or presents a new technique, your book will bring in both traffic and profits. So be sure to write that selling-handle sentence that sums up what problem your book solves and what benefits of your book will be to customers who purchase it. And then watch your market come to you!
Dan Meiyers info@emarketingbooks.com
Ebook Marketing Revealed http://www.emarketingbooks.com/ebooksecrets