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*Product Creation Using Ghostwriters* Cost Equiry

by Wayne Liew
12 replies
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
#cost #creation #elance #equiry #ghostwriters #product #product creation
  • Profile picture of the author 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?
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    • Profile picture of the author Hamish Jones
      Originally Posted by Bev Clement View Post

      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!
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    • Profile picture of the author Wayne Liew
      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?
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      • Profile picture of the author Bev Clement
        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.
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        • Profile picture of the author Hamish Jones
          Originally Posted by Wayne Liew View Post

          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.

          Originally Posted by Bev Clement View Post

          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.
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        • Profile picture of the author Wayne Liew
          Originally Posted by Bev Clement View Post

          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.
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  • Profile picture of the author Easy_Money
    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!
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  • Profile picture of the author marciayudkin
    Originally Posted by Wayne Liew View Post

    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
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  • Profile picture of the author Monetize
    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.
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  • Profile picture of the author Scott Burton
    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.
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  • Profile picture of the author thatgirlJ
    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.
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