Would you pay a thousand dollars for an ebook?

Somehow I don't think anyone has actually purchased that from amazon...



You can price your products wherever you want... you don't make money until your audience is willing to pay the toll.

What would tuition for a course on the subject cost?

I think considering the topic it's not such a crazy idea.

Now, if there were a gazillion books on the topic all regurgitating the same ideas and principles, I might not be inclined to buy at that price.

There was a post by Allen Says in the war room about an ebook he purchased for 3 grand.

Yes, 3 thousand dollars.

What was it?

A book of demographic information and trends inside the self help market.

3 thousand dollars. And one person who i know purchased it.

You guys think that this stuff won't sell? Think again.

Now granted, that book in the OP may be a joke, but don't think that for a second that ebooks in that price range don't sell.

Remember, it's the value of the information, NOT the format.

Here is another example: Amazon.com: World Fuel Cells - An Industry...
That book goes for 1500 bucks. It's another market analysis.

That kind of information is invaluable to businesses and marketers.

Rob

I don't think you can compare an IM product of any price to a book on nuclear energy with contributors that are global experts in the field.

My ex (two Ph.D.s) would probably love this book - and he would understand it. I'd be lost trying to read it...never mind being able to grasp the concepts.

Looking at it from another perspective - if you can purchase the combined knowledge/experience of top nuclear scientists for $6000 - what would have to be in an IM product to make it worth even 30% of that

It's all in how you look at it. If you need something or really want something - the price is worth it to you.

kay

For the right information?....

Yes... I've paid similar for print books, so why not an e-book with the information I am looking for?

Education is a constant thing in my life, so I never hesitate to keep learning.

Right. A couple points, in Amazon you can price you book at whatever price you want it doesn't mean anyone will buy it. For example I could write a 20 page book about "how to jump rope" and price it at $20,000 -- though I probably won't get any sales, but you could do it.

The second point, is corporations and businesses buy a great deal of trade related material and pay top dollar for it. A $6,000 investment for a well researched trade report that will save them $1 million a year is nothing.

The reviews for that eBook are hilarious

Yes the reviews are great!

Here is a book for $495 Amazon.com: The 2007-2012 Outlook for Public...
What an odd topic but the reviews are hilarious!

I think the book is somewhat of a joke....that is, if you look at the reviews....

I ordered this book to complete my doomsday weapon. The information is clear and well drawn-out, particularly the detail regarding the fusion of plasma energy with dark matter. My weapon was finished on schedule. Guaranteed Armageddon. It was beautiful, really. Except it turned out that due to a tiny error on page 601 of the book, my device was not exactly a success. I now have to start from scratch. Beginning with my army of minions...

....After reading the book while beating World of Warcraft for the 15th and 16th times respectively, I then used the supplied plutonium core hidden between the two back pages to build my first nuclear power plant using parts from my microwave, my blender, my clarinet from fifth grade, and my lawnmower.

Keep in mind, you will find some products with higher price on amazon because people want to sell it better on their own. I have seen plenty of ads that say something like "you can get it here for A amount or through amazon for 2xA amount"

Who knows, maybe these crazy scientists are selling it through their seminars for $1500 and it sells because it's $6000 on amazon...

That's crazy - Probably a joke though.

On another note, some of these courses people offer for thousands of bucks are something I would never do. That's insane. I'd rather spend $2,000 on building a business.

In fact, after buying so many different eBooks and other things the past few years, I realized that they didn't get me anywhere. So, I learned from my mistakes, and instead of buying into the latest phases, fads or other junk, I've setup a plan of action and plan to stick to it, testing and tweaking along the way. That's what a lot of people who buy into these crazy expensive eCourses and eBooks don't understand - you have to actually do WORK if you want to see results!

Did you see 'Customers Who Bought This Item Also Bought' info under the listing? They bought a bunch of other advanced nuclear energy books all with similar price tags.

The reviews of this one are pretty hilarious too: Amazon.com: Selected Nuclear Materials and...
ROFL. Check all of the books under 'customer who bought this also bought those' all of them have pretty funny reviews

Product Description

that one costs $3,239.78

These seem to be Ph.D level academic publications. Ordinary college textbooks cost hundreds of dollars, so it's no big surprise Ph.D level textbooks cost a few grand. If they are doing Nuclear Science Ph.d, chances are they are already working for some major energy company and expense it through corporate expense account.

Ok it gets better... check out "What Do Customers Ultimately Buy After Viewing This Item?" thing under this $6,431.20 Nuclear Science book listing (Amazon.com: Selected Nuclear Materials and... )


34% buy Alice's Adventures in Wonderland by Lewis Carroll

25% buy The Adventures of Sherlock Holmes by Sir Arthur Conan Doyle

13% buy The Jungle Book by Rudyard Kipling

13% buy The Legends of King Arthur and His Knights by Sir James Knowles

ROFLMFAO man this book listing is such a gem!

Read the reviews....

A couple people said they clicked the BUY NOW button by accident.. man, that would suck!

Caleb

It depends on whether we need the information or not.
that can be happened in affiliate marketing
if you have the info that customers REALLY need and there's no competition
then, easy $1000 for each book ^^

The most I've paid (well my employer) for a pdf report was $12,000. I can't remember if it was from Gartner or Forresters - but it was from one of those research firms.

The data they give is invaluable when you need it. Especially if you're going into a new market, looking for investment money, looking to do a multimillion dollar purchase from a vendor, or doing your due diligence on a merger or acquisition.

People are willing to pay top dollar for information if its spot on and they trust the source.

We sometimes can't see the forest for the trees here in the WF because so many of us have our IM 29.95 ebook blinders on and forget there are companies out there making and spending millions. IM is not just for us low end practitioners.

The company I worked for above had 26 employees and was doing 6.5 million a year. It was eventually spun out of a bigger corporation and eventually sold to a private equity company for about 50MM.

Look - the sky's the limit! if you're going to dream - at least dream big - but remember, the tools used to power a 10K home based business are a lot different than the tools used to run a 1MM+ business - and so on.

best,
--Jack

Those reviews are hilarious...it's probably just a bunch of webboarders who found that book on amazon, thought the price was insane, and decided to troll it a bit and write up those funny reviews.

Pretty standard fare here:

Market Research Reports - Business Market Research Reports & Industry Analysis

Just this one page lists 4 titles in that range!



All success
Dr.Mani

Personally, I don't think I would pay $1,000 for an ebook, not even if it was an amazing new product launch in Internet Marketing by Frank Kern or Eben Pagan because I personally do not learn very well from reading ebooks on a computer screen.

I get much more engaged with the work I'm doing when I can watch videos, listen to audios, and maybe even attend a seminar or a get personal coaching. For $1K in internet marketing you can learn leaps and bounds - as long as you put the information into good use and do something with it to change your business or your life...

Damn. This is something new, thanks for sharing The comments are even better.

To answer your question it really depends on how much value the book provides. I bought some Jay Abraham's stuff for few hundred dollars and I am happy with the purchase

I'd pay it depending on what the contents were, sure. Technically, as long as I made over $1,000 back, it was worth the cost.

And what if it was tomorrow's winning lotto numbers? I'd pay well over $1,000 for that 1-page ebook.

It would really depend on the content of the ebook. There are many people who pay extreme prices for what the "WANT".

Nope. If I am still pissed about a $17 eBook off bought off the WSO section, no way in hell am I going to spend a thousand clams on an eBook regardless what it is.

Wow! And here I was ignoring the ebooks because of the small commission....What was I thinking?

Information relevant for your business can both save you time and make you money.

By saving you time it saves you money also.

So it follows that the price you are willing to pay for the information will be designated by the amount of time it allows you to save, and the amount of money it will bring to your business.

Amazon has some...interesting...items for sale. How about a gallon of milk for $2500? I can't post the link yet (7 posts to go) but just search for Amazon Gallon Of Milk in your favorite search engine and you'll see this gem:

"Includes live cow on front porch for the duration of milk delivery. May include sound of one or more "moo" noises. After delivery I'll enter your home to bake you a delicious batch of chocolate chip cookies"

Now is that Internet Marketing or what?

The reviews are even funnier. One of the gallons of milk is used and is $999. He spent his college savings on it allegedly.

I agree that it depends on the value of the information, however i also know there are a lot of other meaningful things i could be doing with a thousand dollars

It maybe worth 1K to the right list

if you have the right offer

and you can convert

list,offer, sales letter

DRM 101

Sounds like a bargain to me. After all, if it gives me the information I need for world domination, then I should see my investment repaid many times over.

The only thing that's stopping me buying it is that I'm scared of how much the upsell will cost me

For me, I think the value of the book will determine how much I'll pay for it. If the information in it is much needed and I trust the author to be woth his salt, I'll buy it....but there must be value in it that will at least cover the cost of the book.My 2cent

They should put it on Clickbank, with a 75% commission - they would have affiliates going crazy building sites and promoting the heck out of it.

well i think if the information i'm gonna get through e book or any book for that matter is beneficial to me and my requirement than their is no pricing issue..but if not..than i guess paying such an high price for the e-book is an introduction to insanity..

The target market are university libraries, nuclear plants, maybe defense department of different governments.... They are bought for the use of research groups or equipment maintenance.

It is a full three volume set... depending on the magazine, they are delivered monthly or quarterly... so this could be a year of research in the area.

here is the description: to gain information on physical, chemical, and technical properties of all technologies to provide, convert, distribute, store, and finally use energy. They are supplemented with economic background information and with specific concepts, to allow the reader a proper comparison of different energy technologies.

so it is a catalog of materials and present technology for storage. They might also get a cut from the brands who build the stuff it they are private...

this is gold for experimental physics... and there are safety issues involved... we had a full wing of the physics department closed for years because of the radiation, until they cleaned it up.

as it looks they might also publish research results in materials, so many of the buyers are also contributors or referees...

it has 15 authors.... probably heads of groups in technological industry or research groups at university. So you have around 150 people at phd level or more actually adding information here.

I never worked in experimental physics, so this is as far I can get... I published most of my papers in Physica A, or Physical review letters. The yearly value of the publications where more or less on that range too.

----------------

ok... would I pay for it? well... O would probably send a letter to the chief of the Physics department asking to add it to the library list.

this is not meant for individuals.

in general, would I pay that amount of money for an ebook? there are 3 elements ´playing in the decision:

1. do I have the money?
2. how much time will it save me?
3. what´s the return?

1. do I have the money?

If I don´t have the money... will not buy it no matter what. Just a duh moment...

2. how much time will it save me?
If I take the basic idea (you can pick them up from the sales letter or the webinars prior to the launch) and follow the trail... how long will it take me to redo the system they are selling? (that including actually doing the stuff and gaining the skills the seller has)...

Now... there are some people that are far more skilled than me in certain areas, and I might not be able to gain their skills in this lifetime... Mr. Paul Myers is one for example...

there are some people who have groups working and can cross information I have no access to... so it would take me probably years to redo the info they hand me (if they actually do it...)

So in these cases, I would go ahead to the next step... in all the others, I would probably not.

If I can reverse engineer the whole system in 2 or 3 days... while doing it, and gaining experience, why will I buy it?

3. what´s the return?
this is business, so every material bought has to have a place in the general plan and it has to pay its cost.

I can spend, if I have it, thousands of dollars in an art piece... or a rare book, just for the fun of it.

But not in an ebook that is meant to provide info to gain a bigger return in my business.

Here there are 2 elements playing: the trust I have in the seller and the offer itself.


other reason for buying are to study the competition... If I were planning on release a competing magazine I would certainly buy it...

Sandra