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How about if owner of book did right thing in first place and sold it for $99.00.
But understanding that price is higher, he only sells one third of original volume. $99.00 x 166 units = $16,434.00
Can you see where this is going?
Hey, We all know argument "But what if because it's cheaper more people buy? Surely volume will make extra profit?"
OK, let's take a look at it.
At $99.00 you sell 166 units for $16,434.00
So using original price at $14.95 you'll need to sell 1,100 of them to make same amount of money.
Now, unless you're a top market with substantial previous experience, that isn't going to happen.
And if you are a top marketer with experience to sell 1,000+ books in this fictional month, then with your credibility, people will still pay at least $37.00 for your book which would be $40,700 for same amount of work
For goodness sake owners, authors and writers - stop shooting yourself in foot!
And for those of you who sell resale rights products (stop trying to "give it all away" - you are one loosing money!
And for those of you who create and sell resale rights products - PLEASE sell by licence to a profitable price marketplace.
Don't let people butcher and degrade your work by selling your $99.00 product for $14.94 - it's hurting you as well as us.
Over past twelve months I've increased access to my training site four times. Originally it was $49.00 (I fell into trap). Now it's over $300.00. Guess what, I have more people register and join now than I did at lower price, but even if I didn't it would still be worthwhile.
You can do same - just believe in your products and services.
Between us, we can bring some profit back into Online Market.
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