Choosing the right price for your E-Book is one of the most critical parts of the marketing process. The first rule of pricing E-Books is to never underprice. Determine the highest price your audience can afford, and then if you find your book isn’t selling, you can always reduce the price. Before you take that step, make sure you are promoting your book like crazy on the Internet and on websites. The price should be aimed at bringing in profits, but you should never forget that price is one of the factors that people use in judging the value of your E-Book ? before they buy it. So always start with the highest price, and then launch a mega-marketing campaign.

Pricing an E-Book is particularly difficult because E-Books are a fairly new commodity. Since they are digital, the value of an E-Book is as confusing as the understanding of what digital actually is to the average layperson. This means that we must look at E-Books in a different light in order to determine their actual worth in this brave, new cyber world.

Let’s look at the difference between a book in print and an E-Book. A printed book is an object you can hold in your hand, store on your bookshelf, even hand down to the next generation. It is priced on factors such as paper stock, design and production costs, and marketing.

But the fact that unites E-Books and print books is that they are composed of ideas. It is the ideas in these books that have the ability to change, or possibly transform, people’s lives.

What do you think an idea is worth when evaluated against the cost of paper and ink?

It is the IDEAS that are valuable! That is how you determine the cost of your E-Book.

What should I charge for my ideas?

There are all different formulas and methods for determining the correct price for your E-Book. Let’s begin with honing in on your ultimate goals.

Decide if your goal is to get wide distribution and maximum exposure. This goal is aimed at drawing customers to your business or service, or to establishing the credibility of your reputation. If this is your main goal, you should aim to keep your price on the low side. Some authors have even priced their E-Books at a profit loss to draw a high number of new customers. The key is to find a price that maximizes your profits and the number of books you sell.

This is an excellent pricing strategy if you are looking to acquire long-term customers. Long-term customers are extremely likely to buy from you again and again as long as the first E-Book they buy is of exceptional quality and beneficial to the customer.

However, if your book contains valuable and more importantly NEW information, references, or techniques then you should aim to price it on the high end.

After you figure out your goal, you must figure out what your audience’s need is for your E-Book. 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 E-Books, 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 the question or problem that your book solves is one that is important and relevant to the 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 the 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 E-Book 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 the highest price the market will bear to bring in the largest profits, and plan to discount the book a number of times throughout the year.

Marketing Strategies

The key that unlocks the sales potential of your E-Book is to find a single sentence that becomes your selling handle. This sentence states what question or problem your book answers and the benefits your E-Book 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 E-Book.

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 E-Books under one price, which lowers the price for each E-Book 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 E-Book from you, ask for their opinion in terms of price. Do this by creating a sales page for the 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 E-Book.

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 the same on every page, and includes your selling-handle sentence. Then figure out for each page the 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 the benefits of your book will be to the customers who purchase it. And then watch your market come to you!

Assuming you are already into an affiliate program, what would be the next thing you would want to do? Double, or even triple, your commissions, right? How do you do that?

Here are some powerful tips on how to boost your affiliate program commissions overnight.

1. Know the best program and products to promote.

Obviously, you would want to promote a program that will enable you to achieve the greatest profits in the shortest possible time.

There are several factors to consider in selecting such a program. Choose the ones that have a generous commission structure. Have products that fit in with your target audience. And that has a solid track record of paying their affiliate easily and on time. If you cannot seem to increase your investments, dump that program and keep looking for better ones.

There are thousands of affiliate programs online which gives you the reason to be picky. You may want to select the best to avoid losing your advertising dollars.

Write free reports or short E-Books to distribute from your site. There is a great possibility that you are competing with other affiliates that are promoting the same program. If you start writing short report related to the product you are promoting, you will be able to distinguish yourself from the other affiliates.

In the reports, provide some valuable information for free. If possible, add some recommendations about the products. With E-Books, you get credibility. Customers will see that in you and they will be enticed to try out what you are offering.

2. Collect and save the email addresses of those who download your free E-Books.

It is a known fact that people do not make a purchase on the first solicitation. You may want to send out your message more than six times to make a sale.

This is the simple reason why you should collect the contact information of those who downloaded your reports and E-Books. You can make follow-ups on these contacts to remind them to make a purchase from you.

Get the contact information of a prospect before sending them to the vendor’s website. Keep in mind that you are providing free advertisement for the product owners. You get paid only when you make a sale. If you send prospects directly to the vendors, chances are they would be lost to you forever.

But when you get their names, you can always send other marketing messages to them to be able to earn an ongoing commission instead of a one-time sale only.

Publish an online newsletter or E-zine. It is always best to recommend a product to someone you know than to sell to a stranger. This is the purpose behind publishing your own newsletter. This also allows you to develop a relationship based on trust with your subscribers.

This strategy is a delicate balance between providing useful information with a sales pitch. If you continue to write informative editorials you will be able to build a sense of reciprocity in your readers that may lead them to support you by buying your products.

3. Ask for higher than normal commission from merchants.

If you are already successful with a particular promotion, you should try and approach the merchant and negotiate a percentage commission for your sales.

If the merchant is smart, he or she will likely grant your request rather than lose a valuable asset in you. Keep in mind that you are a zero-risk investment to your merchant; so do not be shy about requesting for addition in your commissions. Just try to be reasonable about it.

Write strong pay Per Click ads. PPC search engine is the most effective means of advertising online. As an affiliate, you can make a small income just by managing PPC campaigns such as Google AdWords and Overture. Then you should try and monitor them to see which ads are more effective and which ones to dispose of.

Try out these strategies and see the difference it can make to your commission checks in the shortest of time.

Just about every business that has a website on the internet is now adding some sort of video advertising to their sites. This ranges from car dealerships, travel agents, real estate agents and even manufacturers. They realize that they get the attention of a viewer right away if a video comes onto the screen instead of a simple advertisement.

Department stores are also beginning to use video advertising on the internet not only on their websites, but also on internet advertising engines such as Google. It simple captures the attention of a potential buyer more than just a plain photo.

Imagine that you have a website that sells T-shirts, for example. A person goes to your website and sees a variety of T-shirts that are for sale. These are often pictured in photos either by themselves or on models. The prices are included, along with an ordering form. Most websites have a search option so if someone is looking for a particular T-shirt, they can find it easier.

The reason models are depicted in T-shirts is to make the product more attractive. More people are apt to purchase a garment featured on a striking model than an average person or on a mannequin. This is simply another way people are visual. They imagine themselves as the model in the T-shirt and feel that they will also look this way once the garment is acquired.

Now imagine you have this same website but decide to implement video advertising as part of your campaign. Instead of clicking on to a website that just depicts a bunch of models in T-shirts, you have a video where a model is wearing the T-shirt and talking about how much she loves her T-shirts from your company.

Or, you decide to go the humor route. A video depicts an unpopular, geeky kid wearing a white shirt with a pencil protector in the pocket and getting his books knocked out of his hands at school. He says something like “I’ve had enough of this, I’m getting myself over to XXX T-shirt company!”

The next clip shows the same student wearing one of the T-shirts and surrounded by a bevy of women. He winks at the camera and says, “XXX T-shirt changed my life – they can change yours, too.”

Corny? Yes. But entertaining and memorable. As a matter of fact, the more humor or unusual aspects you can add to your video, the more people will remember it. They may even like it so much that they post it on their blog or on “You Tube.” Then you get even more advertising for your business. For free.

Travel agents are quickly discovering that video is the way to go when it comes to advertising on the internet. More and more travel agencies are not just depicting photos of exotic places, but videos of the attractions that can be seen when visiting these places. People feel as though they are taking a trip. They sometimes call this a “virtual tour” and it is really quite effective. A virtual tour takes the viewer on a mini vacation all from their home computer. They get to see highlights of the wonderful sights, the hotels, the beaches and a lot of people enjoying themselves. This sparks their imagination. They envision themselves on the tour and it makes them want to visit as well. The more someone knows about the positive aspects of a particular tour, country or vacation spot, the more apt they are to want to book a vacation to this destination.

Speaking of virtual tours, we have already talked about real estate agents in the last chapter. Many real estate companies are now adding video advertising to their websites. Instead of just seeing photos of a home, they see the entire home, just as they were touring it.

In addition to large businesses and professionals using video advertising on the internet, musicians are learning the value of this technology to promote their music and bands. Music videos came out in the 1980s and were frequently depicted on MTV. This was a very popular concept, but soon became very competitive. More and more money was being used to make a more ‘creative video” for the band. Bands who had creative videos depicting models or something unusual were selling more music than other bands who did not have the capital to create such videos.

In the 1980s, video cameras cost over $1,000. And if you wanted the video to look professional, you had to hire a director and some actors. The music videos of the 1980s were actual commercials for a particular artist or a band. And they cost a lot of money to produce.

Today, not only professional musicians advertise by video on the internet, but amateurs as well. Video cameras no longer cost over $1,000. They are easy to use and the content can easily be downloaded into a personal computer. It is just as easy to upload a video into your webpage as it is to upload a photograph or music. So amateur musicians began promoting their bands on the internet. On MySpace, for example, there are thousands of artists doing this. They do not even have to pay for their MySpace page. It is free. They simply have to have someone film their act with a camcorder, upload it to their site and they are advertising for free on the internet. It sure beats the old days of recording demos for thousands of dollars and trying to find someone on the radio to play them.

Individuals who have something unique to sell are also using video advertising on the internet. They can do this with little or no expense if they choose a venue like You Tube. You Tube allows anyone who is a member to upload their videos for others to see. The more clever the video, the better chance of it being discovered. If you want to draw people to your website, mention it in your funny video and put it on YouTube. Millions of people use this website every day. The videos are often either e-mailed to friends or put on blogs and other spaces. Suppose you have invented a special item to sell. You have a patent but have no idea how to sell it. You have a website and are trying to promote it, but are not having much luck. You can advertise on television, but it costs a fortune; even on cable TV.

Maybe you can come up with a funny video that will draw people to your website that involves your product. You can post this on your site and then wait for people to discover the ad. You can also place it on such video websites as YouTube.

Have you ever dated on the internet? Guess what? You are advertising yourself. You are adverting yourself in the hopes of finding a perfect mate. Many people put false photos of themselves on these sites and many internet daters have grown leery of some of the ads. Yet internet dating is big business. In today’s busy world, few people have time to go out and meet a special someone. So many people are taking advantage of the internet dating world.

Some internet dating sites offer their clients a way to communicate with another individual through video instead of just plain text. For a small fee, they can post a video of themselves on the site and talk about their likes, and dislikes. In addition to just seeing a photo, a person who is interested also gets to hear a voice and finds out a little bit more about the person he or she is thinking of contacting. It is very difficult to ascertain what a person is like from a photograph. They may have a voice that sounds like Mickey Mouse and really gets on your nerves. Or they may have such an engaging smile and a sexy voice that you really find attractive. This person may look similar to many others who have turned up as your “match,” but chances are, you will watch the video and, if you like what you see, you will be more inclined to contact the individual. They will seem like a real person to you, instead of a photograph and text profile.

Car dealerships are another business that are using video technology to advertise on the internet. Car dealerships have always been known for their “over the top” approach to advertising. They sometimes run specials depicting happy customers getting great deals, or they show a video of a car being driven down the road and being able to make great turns. This cost them much less than advertising on television.

No matter what business you are in, video advertising on the internet can help you attract more customers, gain more exposure for your company and generate new leads and sales. Best of all, it is easy and relatively inexpensive to use. We will discuss how you can do this in the next chapter.

First, someone I know asked people to vote on the best title for a forthcoming book.

That’s unwise, because what people say they like in a book title:

* Doesn’t necessarily distinguish the book from others

* Isn’t necessarily clear, sellable and free of negative connotations

* Doesn’t mean those who are the best audience for the book will “get it”

* Isn’t always easy to remember and repeat

* May not perform well in search engines

Second, according to The New York Times, the state of New Jersey put its prospective new tourism slogan to a vote years ago. The winning entry, “New Jersey: Come See for Yourself” received just a few more votes than “New Jersey: The Best Kept Secret.”

Both the winning and the runner-up New Jersey slogans flunk an elementary test for the effectiveness of a tag line or slogan: It should distinguish the company, or in this case the state, from most or all others.

Try this out yourself by plugging in names of other states besides New Jersey – most of the time, the slogan becomes no more and no less applicable. This means the slogan cannot make a strong case for the Garden State. More bluntly, it’s mainly hot air.

The New Jersey contest had another serious flaw. To be eligible to vote on the best slogan, you had to be a New Jersey resident. While residents do have the greatest stake in improving the reputation of their state, they by definition don’t belong to the target market of the tourism slogan. To understand what would appeal most to non-New Jerseyans, don’t look to New Jerseyans en masse.

Many will be clueless about this and get it upside-down. Outsiders are the ones who need to understand the slogan and respond.

I’ll never forget an ad for a Great Plains software company that obviously assumed that a photo of a flat-to-the-horizon landscape without trees was an appealing image. For me, a die-hard New Englander accustomed to heavily wooded hills, this picture had the opposite effect – it filled me with horror.

Of course, someone who lives in New Jersey or North Dakota may be perfectly capable of portraying their region appealingly to outsiders. Instead of asking any group to vote on a winning name or tag line, set up your contest so that people can submit suggestions. Then have either one person or a committee cull the entries according to a list of criteria drawn up beforehand.

By selecting and judging rather than mass voting, you’re most likely to end up with a name or slogan that wins over your audience.

What we’re probably forgetting is that up to 80 percent of our sales growth can and should come from PAST customers. People who have bought from you before are pre-sold on you, your products, and services. It often just takes a simple reminder to get them

to buy again and again.

A while back I was talking to a group of realtors. When I asked how many followed up with old customers, only a couple of hands went up. Even though most customers will sell their home and buy another within just a few years, hardly any of the realtors

were considering how MUCH that repeat business could increase their sales.

I don’t mean to single out realtors. Just about ALL of us could increase our business simply by getting in touch with our past customers.

I’ve found the most effective way to say, “I’m here and can help you,” is to send a genuine paper greeting card by regular mail. It’s FAR more effective than sending an email, mailing a sales letter, or even placing a phone call.

Paper greeting cards say “I appreciate you.” Everyone loves them! Send cards to past customers to let them know you miss them, send them to employees for a job well done, send cards to prospects on birthdays. These are just a few tried and true ideas, and I’m sure you can think of many more.

Now I’ll admit choosing, buying, and mailing a greeting card can take a lot of time and a fair amount of expense (figure $3 for the card, $4 for the gas to get to and from the store, and even more for postage).

The time and trouble involved is one reason why greeting cards are so effective. First of all, the recipient doesn’t receive many cards, and secondly, they intuitively know just how much trouble you went to.

But let me share a little secret with you. There are new systems now that let you log onto a web site, choose your card, affix your digitized signature, then the service regular mails your card for you. The cost for the entire package can be as little as $1 per card, and it only takes a few seconds to do.

Can’t remember important dates? These same services will let you enter all your dates for months, then send your cards out automatically.

If you’ve got lots of relatives to keep up with, your customers would appreciate this special gesture, or you know your employees would be motivated by a nice pat on the back — then sending paper greeting cards is a communication tool you shouldn’t be without.

2. Plan and write out your next sales conversation. Got a meeting next week with a hot prospect? Write down the words you will use to find out who the decision makers are, what the budget is, the scope of their problem, and how you’ll ask them to take next steps. If you have no idea how to do this, send me an email and I’ll help you think through it.

3. Read a marketing article. Most non-marketers don’t go out of their way to read about marketing. A painless way to stay motivated, though, is to read one new article every week. Start here: YOUR BLOG HERE

4. Pay attention to the marketing messages all around you. See if you can pick out the WIIFM (What’s In It For Me?) and call-to-action (what they want you to do). Practice thinking like a marketer.

5. If you manage others who perform your client work, visit a client with your employee to show interest. This keeps you fresh and demonstrates your commitment to the client. It also shows the client that there’s more to your organization than their sole point of contact.

6. Give a copy of this article to your staff and ask them to come to the next staff meeting prepared to talk about the ideas that this generates. Ask people to commit to one new task. Have them give a progress report at the next meeting. Rinse, repeat.

7. Draft a 3 or 4-question survey to do short, conversational telephone interviews with your target audience to find out what they struggle with…what’s on their wish list…what they want from you.

Do NOT ask them if they want to buy anything from you. This is a relationship-building task, NOT a sales call. That comes much later. Ask others you work with to pick two clients or prospects and call them. Compare notes and discuss your findings.

8. Think of small solutions that you can offer to important problems. Or small solutions to little problems. The key is to think small. It’s less intimidating for your customer to “sample” you and makes it easy for them to take a first step.

9. Practice saying your Positioning Statement out loud. To the mirror. In the car. In the elevator. If you don’t know what your Positioning Statement is, that’s a problem. Email me and I’ll give you a hand.

10. Visualize doing any one of these things successfully. Really – it’s what professional athletes, speakers, performers, and successful people do all the time. Visualize it, and it will be so.

The next time a scientist tells me they can’t market, I’ll know better. These ideas clearly prove that theory wrong!

This short report will cover the most critical items you need to be aware of when it comes to social media for your business.

Everyone is on Twitter and Facebook: OK, not everyone is on Twitter and Facebook, but the amount of users are staggering. It is estimated that these two social media hubs have around 700 MILLION users combined. That is a lot of people. Even more surprising is that all age groups and demographics are represented. Some more than others of course, but even the older demographics are steadily growing. It is likely that millions of people interested in your offer are using these social media services

Social Media Is About Engagement: Joining social media sites like Twitter and Facebook isn’t about spamming your offers. It is about engaging with your potential customers. You want to watch and listen to what they are saying about your product or offer online. You want join some of these conversations, and know when not to. You want to offer helpful advice more often than you advertise. The goal of social media is to built a community around your brand or product, only engaging with customers will allow you to do that.

Monitor Your Reputation: Social media makes it easier to share information faster than ever. People seem to love to circulate bad reviews of businesses or professionals. One irate customer can lead to thousands of people seeing their rant in minutes. You want to ensure you have a presence in social media so you can meet these claims heads on. You can defend yourself from any slander, explain misunderstanding or make things right with the customer. Any of these actions will lead to more loyal followers.

Get Staff Involved: The number one complaint I hear is: “I am a business owner, I don’t have the time to be on Twitter and Facebook 24 hours a day.” Great point. Neither do I actually. I don’t think many business people in general do. I have two responses to that. First, it doesn’t take a huge time commitment to do the minimum required to have at least a basic social media presence. Secondly, get your staff involved. Younger staff will often enjoy a task like this. One tip though, make sure you have a couple staff participate, that way if you lose one of them there is no pause in your social media marketing.

Where Do I Start: We have went over why social media is important, and some of the ways you should use it. What should you do if you want to get started today? I think at the very minimum you need a Twitter and Facebook presence. You can set up your Twitter account at Twitter.com. I suggest that you fill out your profile fully and add a picture. On Facebook, you will want to create a personal profile and then use that profile to create a “fan page”. A regularly updated Facebook Fan Page and Twitter account are basic social media steps that all businesses should take.

As a consumer base we are growing more cynical and wary of traditional advertising. If you want to ensure that you can still reach a broad audience then you need to tap into social media. This relatively new technology allows businesses unparalleled access to their customers. At the end of the day you want to be where your customers are, so don’t ignore the 700 million people on Twitter and Facebook.