About Ebooks, Is this true ? I'm not sure.

4 replies
Hi,

Very often i come across statements from people who create their own ebooks and are selling them, that the price of the ebook is say 27 $ now and it should be bought ASAP before the price of the ebook shoots up to either 47 $ or 67 $.

Personally i could never believe it, i always had the impression that the price of any item over a period of time fell from its original value, say an ebook is being sold for 27 $ now then maybe in the future the price of the same would fall to 17 $ or 10 $ because of lack of interest or market saturation.

Am i wrong in my assumption or am i right (that the former is just a marketing tactic used by marketers to really tempt their prospects to buy from them immediately) ?

thanks.
#ebooks #true
  • Profile picture of the author borilbogoev
    Hi morelloking,

    You are right of some point of view, but here's how e-book/e-course pricing techniques go:

    1. They offer a low entry price in order to get a lot of customers upfront.
    2. When they detect the levels of demand, they decide what to be the real price and rise it.
    3. When the demand goes down (or e-book get outdated), the price does the same.

    Good luck!
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  • Profile picture of the author Jonathan 2.0
    Banned
    Unless people are definitely planning on increasing the price (in which case they're doing me a favour) I don't think they should use that tactic. Because I think it's a bit "sneaky."
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  • Profile picture of the author write-stuff
    I agree 100% with you ZigZag. It's more than sneaky, its misleading.
    - Russ
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  • Profile picture of the author angela99
    Re "i always had the impression that the price of any item over a period of time fell from its original value, say an ebook is being sold for 27 $ now then maybe in the future the price of the same would fall to 17 $ or 10 $ because of lack of interest or market saturation."

    No, it's not always true; it depends on the marketer's plan for that product.

    For example, if I introduce a product at a charter offer, that's exactly what it is. On the nominated date, I increase the price.

    When sales slow, if I feel that the product has reached its use-by date, I remove it from the market so that I can update it, or use the content in some other way.

    You're right however, some marketers use the "buy before the price goes up" device as a tactic. But this tactic is not used by marketers who use their name and reputation because it damages their credibility over the long term.

    Re "$27" as a price point; this is very low and is usually used to either test a product, or to sell back end products.

    Cheers

    Angela
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