*Product Creation Using Ghostwriters* Cost Equiry

Wayne Liew · 10-23-2008, 06:54 AM

Hi fellow Warriors,

I have been reselling information products or writing them myself by extracting ideas from various niche resources online. As I have some money in my pocket now, I am thinking of outsourcing my info product creation work to people on Elance or Guru.com.

Before I post any projects, I would like to ask this question. What will be the approx. price for ghostwriting services?

It is an ebook outside the IM niche with around 100 pages required and research will need to be done by the ghostwriter. Any experienced warriors can help me out with the price?

Thanks.

Regards,
Wayne

Bev Clement · 10-23-2008, 07:18 AM

100 pages at least $4,000 or $5,000 maybe more depending on the work done. Yes, you could get it done on the cheap, but what type of quality would you have?

Hamish Jones · 10-23-2008, 07:23 AM

Quote:

Originally Posted by Bev Clement

100 pages at least $4,000 or $5,000 maybe more depending on the work done. Yes, you could get it done on the cheap, but what type of quality would you have?

I was going to say at least $5k, and Bev's been around the scene a lot longer than I have.

It all depends on what you want your ROI to be.

You could get a cheaply outsourced ebook and then spend a bucketload of time editing and rewriting it and then not get many sales.

Or you could get someone who knows what they are doing, get it written, and see the profits roll in!

Wayne Liew · 10-23-2008, 07:23 AM

Thanks Bev.

OK, this hypes me up a little.

Spending $4000 on just product creation is definitely too much for me since I have to outsource my site and product design as well. Moreover, I have little doubts over the niche that I am going to make an entry.

As for the quality, somewhere above average will be just nice.

So how do you guys come up with a 100-page report? Outsource part of it and write the other part of it on your own?

Bev Clement · 10-23-2008, 07:31 AM

I write my own, but I am also a ghoswriter. I was giving you a rough guide, as to what I would charge. It included a discount, which is why Hamish thought $5k +

If you have doubts about the niche, then you would be foolish to start with a large book. You should try a 10 page report which would test the market out first.

Hamish Jones · 10-23-2008, 07:42 AM

Quote:

Originally Posted by Wayne Liew

So how do you guys come up with a 100-page report? Outsource part of it and write the other part of it on your own?

I would write it myself.

Quote:

Originally Posted by Bev Clement

You should try a 10 page report which would test the market out first.

I agree. If a small report is profitable, or you use a free report to build a large list, then you know whether it is worth outsourcing a larger ebook.

Easy_Money · 10-23-2008, 07:46 AM

Another idea that you might use is having a freelancer do the research, putting together a number of facts, points, or whatever you might find effective for your topic.

From those points, write the book yourself. Really, you will just have to write the introduction, expand on what was provided, and write the conclusion.

Purchase a few extra research points and you will have a bonus ready to go too!

Wayne Liew · 10-23-2008, 07:46 AM

Quote:

Originally Posted by Bev Clement

If you have doubts about the niche, then you would be foolish to start with a large book. You should try a 10 page report which would test the market out first.

Advice taken. Amazingly, that did not cross my mind before I ask this question. Perhaps I have been too much about outsourcing lately. I guess this thread can be ignored from now on.

Sorry for the trouble cause. Anyway, at least I know how much to pay a ghostwriter for a 100 page report. Thanks Bev for the help.

marciayudkin · 10-23-2008, 07:58 AM

Quote:

Originally Posted by Wayne Liew

Hi fellow Warriors,
I have been reselling information products or writing them myself by extracting ideas from various niche resources online. As I have some money in my pocket now, I am thinking of outsourcing my info product creation work to people on Elance or Guru.com.

Before I post any projects, I would like to ask this question. What will be the approx. price for ghostwriting services?

It is an ebook outside the IM niche with around 100 pages required and research will need to be done by the ghostwriter. Any experienced warriors can help me out with the price?

I believe Bob Bly pays just $500 - $1000 for a ghostwritten ebook. I heard him talk about this on a teleclass. It's part of the process he discusses in detail in his product at http://www.theinternetmarketingretirementplan.com . He actually answers his email and maybe he'd tell you what he pays if you email him. Or look for him on Elance or Guru, which is where I seem to remember he found his freelancers.

Marcia Yudkin
Author, 6 Steps to Free Publicity and 10 other books
6 Steps to Free Publicity by Marcia Yudkin

Monetize · 10-23-2008, 08:18 AM

Post your project on some of the freelance sites to get an
idea of what different writers charge for this. I've received
quality writing projects for cheap before, so give it a try.

Scott Burton · 10-23-2008, 08:29 AM

Personally, I would expect it to be better to start with something smaller as well. If you put forth one or two 7 to 12 page reports, you can achieve several things.

1. If you are outsourcing, you can have it done much cheaper than 100 pages
2. You can verify whether there is money to be made with your product line.
3. You can build a list of customers who already bought from you within this niche or market, whom you can approach when you have a new and larger product to offer.
4. These previous customers can be asked for input as to what they would like to see, or feedback on what they've bought.
5. These same previous customers who offer feedback and/or requests can then be contacted with the new product as a pre-launch to get testimonials when they get it at a reduced price. These testimonials (with their permission of course) then can help you with more sales.

I've priced large products before, but never actually outsourced them.

J Elizabeth Dize · 10-23-2008, 08:46 AM

Ghostwriters have many different price ranges. For instance, I charge 5 cents per word and I know some other very respected Warrior ghostwriters who charge around that and a little bit less.

I'd say $2000 would be about your average if you go with a quality ghostwriter whose writing works out to about $20 a page. You can find writers who will charge less, but be sure to take a peek at their writing samples and testimonials.

lakshaybehl · 10-23-2008, 09:43 AM

Quote:

Originally Posted by Scott Burton

2. You can verify whether there is money to be made with your product line.

This ios the IM niche... AND there is nothing that can stop products in here from selling.

Wayne... I sent a PM quoting my price to you... Please see your inbox buddy.

-Lakshay

10-23-2008, 06:54 AM	#1
Wayne Liew Niche Marketer 2.0 War Room Member Join Date: Mar 2008 Location: Malaysia Posts: 150 Thanks: 10 Thanked 7 Times in 7 Posts Social Networking Contact Info	Product Creation Using Ghostwriters Cost Equiry Hi fellow Warriors, I have been reselling information products or writing them myself by extracting ideas from various niche resources online. As I have some money in my pocket now, I am thinking of outsourcing my info product creation work to people on Elance or Guru.com. Before I post any projects, I would like to ask this question. What will be the approx. price for ghostwriting services? It is an ebook outside the IM niche with around 100 pages required and research will need to be done by the ghostwriter. Any experienced warriors can help me out with the price? Thanks. Regards, Wayne
	Entrepreneurship Blog by Wayne Liew

10-23-2008, 07:18 AM	#2
Bev Clement Writer War Room Member Join Date: Jul 2006 Posts: 8,753 Blog Entries: 1 Thanks: 460 Thanked 999 Times in 372 Posts Social Networking Contact Info	*Re: Product Creation Using Ghostwriters* Cost Equiry** 100 pages at least $4,000 or $5,000 maybe more depending on the work done. Yes, you could get it done on the cheap, but what type of quality would you have?
	Your Own Product Created By Top Ghostwriters WSO - Diet Niche - Massive PLR Package Run Your Own Diet Membership Site 15 Health PLR Books...Price Starts At $10 Writing Course For Higher Pay Days

10-23-2008, 07:23 AM	#4
Wayne Liew Niche Marketer 2.0 War Room Member Join Date: Mar 2008 Location: Malaysia Posts: 150 Thanks: 10 Thanked 7 Times in 7 Posts Social Networking Contact Info	*Re: Product Creation Using Ghostwriters* Cost Equiry** Thanks Bev. OK, this hypes me up a little. Spending $4000 on just product creation is definitely too much for me since I have to outsource my site and product design as well. Moreover, I have little doubts over the niche that I am going to make an entry. As for the quality, somewhere above average will be just nice. So how do you guys come up with a 100-page report? Outsource part of it and write the other part of it on your own?
	Entrepreneurship Blog by Wayne Liew

10-23-2008, 07:31 AM	#5
Bev Clement Writer War Room Member Join Date: Jul 2006 Posts: 8,753 Blog Entries: 1 Thanks: 460 Thanked 999 Times in 372 Posts Social Networking Contact Info	*Re: Product Creation Using Ghostwriters* Cost Equiry** I write my own, but I am also a ghoswriter. I was giving you a rough guide, as to what I would charge. It included a discount, which is why Hamish thought $5k + If you have doubts about the niche, then you would be foolish to start with a large book. You should try a 10 page report which would test the market out first.
	Your Own Product Created By Top Ghostwriters WSO - Diet Niche - Massive PLR Package Run Your Own Diet Membership Site 15 Health PLR Books...Price Starts At $10 Writing Course For Higher Pay Days

10-23-2008, 07:46 AM	#7
Easy_Money Advanced Warrior Join Date: Nov 2004 Location: Michigan, USA Posts: 537 Thanks: 3 Thanked 4 Times in 4 Posts	*Re: Product Creation Using Ghostwriters* Cost Equiry** Another idea that you might use is having a freelancer do the research, putting together a number of facts, points, or whatever you might find effective for your topic. From those points, write the book yourself. Really, you will just have to write the introduction, expand on what was provided, and write the conclusion. Purchase a few extra research points and you will have a bonus ready to go too!

10-23-2008, 08:18 AM	#10
Monetize Monetization Warrior War Room Member Join Date: Jun 2008 Location: U.S.A. Posts: 480 Blog Entries: 42 Thanks: 23 Thanked 11 Times in 10 Posts	*Re: Product Creation Using Ghostwriters* Cost Equiry** Post your project on some of the freelance sites to get an idea of what different writers charge for this. I've received quality writing projects for cheap before, so give it a try.
	Are your websites earning revenues??? Stop wasting time and space by using proven methods to monetize your websites and blogs @ Monetize Academy

10-23-2008, 08:29 AM	#11
Scott Burton Advanced Warrior War Room Member Join Date: May 2006 Location: Mostly Oklahoma, Sometimes Europe Posts: 617 Thanks: 15 Thanked 68 Times in 56 Posts	*Re: Product Creation Using Ghostwriters* Cost Equiry** Personally, I would expect it to be better to start with something smaller as well. If you put forth one or two 7 to 12 page reports, you can achieve several things. 1. If you are outsourcing, you can have it done much cheaper than 100 pages 2. You can verify whether there is money to be made with your product line. 3. You can build a list of customers who already bought from you within this niche or market, whom you can approach when you have a new and larger product to offer. 4. These previous customers can be asked for input as to what they would like to see, or feedback on what they've bought. 5. These same previous customers who offer feedback and/or requests can then be contacted with the new product as a pre-launch to get testimonials when they get it at a reduced price. These testimonials (with their permission of course) then can help you with more sales. I've priced large products before, but never actually outsourced them.
	- = Signature on Vacation = - (We all need a break from what we do for a living. I thought it was time my signature got a break too)

10-23-2008, 08:46 AM	#12
J Elizabeth Dize That Girl War Room Member Join Date: Oct 2007 Location: , , . Posts: 1,813 Blog Entries: 4 Thanks: 426 Thanked 285 Times in 152 Posts Social Networking Contact Info	*Re: Product Creation Using Ghostwriters* Cost Equiry** Ghostwriters have many different price ranges. For instance, I charge 5 cents per word and I know some other very respected Warrior ghostwriters who charge around that and a little bit less. I'd say $2000 would be about your average if you go with a quality ghostwriter whose writing works out to about $20 a page. You can find writers who will charge less, but be sure to take a peek at their writing samples and testimonials.