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How to Price an Ebook

Contributor
By eHow Contributing Writer
(3 Ratings)

E-books are a way of sharing information and making a few dollars. While probably no one would want to read "War and Peace" online, the e-book is a versatile way of conveying detailed information that cannot be summed up in a short article, while at the same time, providing a convenient, inexpensive way to build an online library. Many writers are interested in writing e-books and selling them online. The question is, with so much free information on the web, what does one charge for an e-book? The art of marketing an e-book involves fixing a price that will attract customers and also profits.

Difficulty: Moderately Challenging
Instructions
  1. Step 1

    Determine how unique your material is and how keen readers are to get this special information. The more specialized your information, the higher you will be able to price your book.

  2. Step 2

    Set a price at $19.95-$20.95 for books that have an original, detail-oriented solution to a common problem. At this price, the books should have a lot of how-to lists and specific information.

  3. Step 3

    Charge $7.95 to $12.95 for popular subjects with very general information. E-Books closer to 50 pages in length on general topics can be sold for $14.95 to $19.95.

  4. Step 4

    Choose a higher price for highly specialized information. Customers may be willing to pay from $29.95 to $49.95 for a book written by a specialist in a field. Note that you may have fewer buyers, but they will be more loyal and more willing to pay more.

  5. Step 5

    Stick by your price. You will turn off your initial customers if you heavily discount your book from your original price. This is one reason why it is important to set a good price to begin with. If you feel you have overpriced your book, give moderate discounts after a period of time or charge less for the next book.

  6. Step 6

    Set your price low to attract customers. If you want to sell e-books as a long-term career move, try starting with lower prices and moving higher. Once you have developed a loyal client base, they may be willing to pay more for subsequent books.

Tips & Warnings
  • Hire a ghostwriter if you want to start a real e-book operation. The labor costs are minimal compared to the amount of money you may make if the book is well-written and marketed.
  • Market your e-book well to ensure the maximum profit.
  • Don't make radical pricing changes. If you feel you have under or overcharged for your e-book, make discounts slowly or gradually charge more for new books.
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