How much should I charge for a product that can become saturated?

I don't know if this will help you to answer your questions at all, but for what it's worth, I very strongly suspect that "saturation" is nearly always much more of a perceived problem than a real problem. Partly because most people who buy "things like what I think you're talking about" do very little with them anyway, however good they really are.

Haha I do value my product highly, if it works of course, still in testing phase. Okay thanks for the info.

Please clarify. What kind of saturation are you referring to? Is your concern of the "market" or niche itself becoming saturated with your product? Or is your concern more one of the a methodology or technique becoming saturated?

IF you're referring to the market of IMers, then I wouldn't be concerned about it at all. Saturation is mostly a myth when it comes to most markets.

IF you're referring to a technique or specific method, that gets a little tricky because at a bare minimum, 80% of the people buying it aren't going to implement it the way they are supposed (years of experience talking here), if at all. Utlimately, you can run a "test" or "limited" pre-launch of some kind and see what kind response and conversions you get.

Generally speaking, though, I have find both kinds of "saturation" to be mostly a non-issue.

RoD

The methods explained in the product I am creating are very effective but I am worried that if too many people know about them then they become less effective.

99% of the people who are afried of saturating a product don't implement the product they just purchased.

Besides a chemistry experiment....I have never ever seen anything else outside a lab saturate in my life. Except my kids' diapers.

Yeah that is thing, and I don't want to be one of those people would is like see how I did XXXXXX in a few days and then you pay loads for the product that is just rubbish. Happens so often now, Those really are the only 2 options. Okay cheers Lance.

Put a limit on them and charge premium prices. You will need to give a few away for some good reviews. I would chase down some big hitting warriors. Let me warn you it must work well if you go this route. Only sell 300 copies. Of those 300 only about 20 people will actually do the work so no real saturation problems.

That goes for all products. We are in a business with dreamers. Many of us work take action and make things happen. I have found for the most part that people like to buy and leave out most of what they are told to do. Then move on to the next one. So in my eyes there is very little chance for saturation. Sell it and make some money. Then find a new deal and sell that too.

Pricing is always the hardest question to answer when creating an info product and I've gone back and forth sometimes for weeks before settling on a price.

Of course we all want to sell our products for as much as we can so we can maximize out profits so while I am by no means a “pricing expert” here are some tips that I use to determine price:

01. Know what your competition is charging

Knowing the prices of your competition is important because it gives you an idea of what people are paying for material that is similar to yours, and it also provides you with a good start point. You can check out other digital products as well as physical copies at places like Amazon, ebay and google places (if you have an ebook).

02. Don’t price your product too low...or too high

Price your products for what is fair and relevant to the value being offered. Never judge what others are willing to pay. You should be pricing your products in terms of great content and the value being offered. With that said you may want to consider a lower introductory price to get more people to pay attention.

Often times price can be a perception. The higher the price the better the value or quality. But if you are charging premium rates, be darn sure that your information product delivers on what you say it will. A good rule of thumb is to take a close look at the knowledge contained in your product and think about what you would consider valuable if you were buying the product yourself.

03. Finding the perfect price

ultimately it is your job to find a price that fits. The good thing about selling a info-product online is that you can change the price any time you want. You can simply go into your clickbank account (or your shopping cart of choice) and update your price. You ‘ll have to update your price on the website and sales pages as well but that can be done fairly quickly.

The truth of the matter is that you may need to experiment with the price to find that sweet spot. If you feel your product is worth more, don't be afraid to charge more. If you want to see what happens if you lower the price, change the price and see what happens.

You have the power to do what you want. Try some different price points and find what works for both you and your customers. At the end of the day you have to believe in your products and the value the offer.