How creative are you when it comes to making money and increasing your subscribers using ebooks or other digital products?
Here are some tips on how to increase your profits with ebooks.
You could show your prospects a sample page out of your ebook. This will make your prospects curious to buy. You could even give away a free version of the ebook and then give people an option of buying the paid version. Also let others give away the free version of your ebook.
You could divide your ebook content into reports then give people the option of just purchasing the info they want. Or you could charge people a low price to read half of your ebook. If they like it, they can pay full price to read the other half.
You could also earn extra profits from selling monthly updates of your ebook. You could also back end sell the extra never released chapters of your e-book.
You could redesign your ebook for specific niches. You can create multiple profits with very little work. Ex: Turn a business ebook into a craft business ebook. You could then divide your ebook into online newsletter issues. You could charge a reoccurring monthly subscription for people to view each issue.
You could give your prospects discount coupons on other products when they purchase your ebook. It could be your products or others that you made deals with. You could also offer freebies that are related to the ebook your selling. It could be free monthly ebook updates, free e-zine, free consulting, etc.
You could offer the reprint rights to your ebook. You can sell the rights with the regular purchase price or as a separate higher price.
You could make your ebook available for offline people. Your could turn it into a print book, report, video, audio book, print newsletter, etc.
But many people agree that one of the best way to increase your profits and sales is to bundle many products or services together into one package. You could purchase reprint rights to other people’s ebooks an combine them with your in a large package deal or private ebook library web site.
This gives people more reasons to buy your products and services. People also have come to believe package deals are a better value. You want all the products or services to be closely related. For example: if you’re selling a computer you could add in software, hardware, computer furniture, etc.
There are many ways to go about choosing the right products or services to bundle into one package. You could survey your customers and see what products or services they would like you to offer in the future. Spy on your competition and see what products and services they’re offering or not offering. If you would like to, bundle unrelated products or services together, ask your customers which ones would be of interest to them.
Bundling can also increase your target markets which in return would give you a larger audience to sell your products and services. For example: if you’re selling a baseball magazine you could add a free baseball when someone buys a subscription.
You’re now targeting people who want the baseball magazine and those that want to play baseball out in the yard. Some people buy a package deal just to get one of the products.
There are many sources where you can find products and services to create a package deal. You can buy them from wholesalers or drop shippers. You can buy the reproduction/resell rights to other people’s products.
Team-up with your competition to create a package deal. You could joint venture or cross promotion deal with other businesses. You could also create your own products and services. Be creative!