Ebook Pricing and Promotions, Tips to Maximize Your Sales and Profits

Ebook Pricing and Promotions, tips to Maximize Your Sales and Profits.

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Ebook Pricing and Promotions, Tips to Maximize Your Sales and Profits

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So you had a great idea, and you put it down in the form of an ebook. Now what? From here you need to find out how to go about pricing your ebook, and what the best way is to promote it. Although the pricing of the books themselves is a key element to your success, the promotion of your ebook is by far the most important thing.
The more people you get to buy your book, the more money you are going to make. When you are planning the price of your ebook there are a few things you have to know to make sure that you price it right.
The first question you have to ask yourself is how much it cost you to make the book. How much of your free time went into making your ebook? From there you will have a basic guideline on how to go about pricing it. Keep in mind that you are not supposed to make all your money back with one sale.
You have to price the books at a fair price so you can sell more, and over time, you earn your money back. Next, you have to look at how much money you are spending in promotions a month. By comparing these two costs, you will be able to determine about how much you should charge per ebook that you sell.
The rule of thumb is to keep the price of the book in a range that you would be willing to spend on it. Do not price it so high hat you would not even buy it, because that means that others are less likely to buy it too.
Next, you need to find out the best way to go about promoting your ebook. Usually people make a web page so that all they have to do is get people to go to their web page. Now you just have to come up with a way to get hits on your web page. There are lots of ways to do this, but depending on how much you are willing to spend, will rule out some of the methods.
If you are looking to promote it for free, you are in for a long ride. You are going to have to hit up a lot of forums, and post your information wherever you can without spamming people. Other ways would be to pay a company to get people to visit your site.
These are usually called pay per click. If you choose to promote like this, you should add the cost of promoting into the price of your ebook.
Good luck with selling your ebook.

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