Selling Information Products – Part I
After selling information products online since 1997, I decided to write down some random thoughts and a few things I have learned.
1. Test the Price and Listen to what your Customers say.
Always test a selection of prices. Sometimes a higher price is perceived as better quality and result in higher revenue and sometimes it won’t. No way of knowing unless you test – the customer is always right.
When releasing a new product, it is quite likely to need some tweaking and adjustment. Most likely people will use it for a different purpose than you are selling it for. That’s OK too! Listening to feedback from customers, and watch your stats like a hawk. For example, you may want to target students, however, teachers end up buying it to use as a lesson plan to teach the subject. No problem – back to the drawing board and re-write the material, adding classroom activities, games and notes for the teacher. Presto! Instead of an ebook for students, it is a lesson plan for teachers. (more…)
If you have been blogging for a few years, or even 4 or 5, then you have accumulated a huge amount of material on your subject matter. And presumably, covering every possible facet and related topic.