Why do we butcher our profits Online?

Find out How to Make More Profit in your eBusiness

By Paul Barrs

HOME
More Articles
Now this makes me angry!

Why do we butcher our profits when selling Online?

I can't stand it.

How many times I've seen what looks to be a quality product selling for the stupid price of $9.95 or some great package of products for $19.95 - I cannot count.

Are the creators of such products insane?

Are they scared that you'll not make any sales at all?

Just this morning while following posts on a message forum I came across yet another site that sells a terrific range of info products - each which can be bought separately. But this webmaster had bundled them together and was selling them for less than one fifth of what he could get if sold separately.

Why doesn't he at least triple his price and sell them for minimum half for the package.

Over the past two months I've made numerous International phone calls to talk with other net business owners who are also feeling frustrated.

Because of the nut-crackers out there who butcher prices, we all are suffering. Think about it people - let's look at the math.

Let's use a product example of an incredible eBook called "Widgets Unlimited" (yes it's fictional)

It's easily worth $150 - this is hot and has the references to go with it.

However, the webmaster sells it (or a re seller ever worse) for the all time low price of $14.95 (and don't laugh - this happens)

He (or she for the ladies) sells 500 copies in the first month. $14.95 x 500 = $7,475.00

Now that's not bad, we'd all like to be doing that right?

But let's assume that the sales copy is great, the book is fantastic, people are raving about it all over the net.

So the price becomes $49 and he (or she - although it's usually guys that do this stupid thing) only sells half the volume. $49.00 x 250 = $12,250.00

That's fewer products for more income. Less customer returns (if any), less download problems, less browser based problems etc. Win win.

How about if the owner of the book did the right thing in the first place and sold it for $99.00.

But understanding that the price is higher, he only sells one third of the original volume. $99.00 x 166 units = $16,434.00

Can you see where this is going?

======Side Note:======

Hey, We all know the argument "But what if because it's cheaper more people buy? Surely the volume will make the extra profit?"

OK, let's take a look at it.

At $99.00 you sell 166 units for $16,434.00

So using the original price at $14.95 you'll need to sell 1,100 of them to make the same amount of money.

Now, unless you're a top market with substantial previous experience, that isn't going to happen.

And if you are a top marketer with the experience to sell 1,000+ books in this fictional month, then with your credibility, people will still pay at least $37.00 for your book which would be $40,700 for the same amount of work.

======End Note:======

For goodness sake owners, authors and writers - stop shooting yourself in the foot!

And for those of you who sell resale rights products (stop trying to "give it all away" - you are the one loosing money!

And for those of you who create and sell resale rights products - PLEASE sell by licence to a profitable price marketplace.

Don't let people butcher and degrade your work by selling your $99.00 product for $14.94 - it's hurting you as well as us.

Please.

Over the past twelve months I've increased the access to my training site four times. Originally it was $49.00 (I fell into the trap). Now it's over $300.00.

Guess what, I have more people register and join now than I did at the lower price, but even if I didn't it would still be worthwhile.

You can do the same - just believe in your products and services.

Between us, we can bring some profit back into the Online Market.

=======================================

Paul Barrs is the creator of "The Complete Guide to Home Business Success", as well as being a professional speaker, trainer and presenter. He would like to offer you a free subscription to his "Home Business Gold Online Audio e-Magazine" where each week you'll receive a free audio seminar delivered to your in-box. To get your subscription, go now to http://www.paulbarrs.com/ today.

Website Marketing Secrets Revealed!

  From the Desk of Paul Barrs.
Queensland Australia.
Tuesday, 2.30 PM.		 Three Years Ago my Finances were on the Brink of Disaster - My First Website took Six Months to get Online and didn't Make a Cent ...

Last month I created a Brand New Website in just 5 days - and it Generated $11,357.00 in Less Than a Week! Discover How You Can Build Your Own eBusiness with my System Here
  Paul Barrs - eBusiness Mastery
 
 
 
Subscribe to our 9-part FREE web traffic course. These tips will skyrocket your web traffic over night.

As a special thank you, you will receive FREE software and eBooks. Just for signing up.

Free Newsletter Image

Please submit your information to receive this amazing course straight to your inbox.
 

Email Address:
First Name:
Last Name:

What's New

Get serious with your Internet business and read my new book. "The Online Business Startup Guide"

Click Here to download this free PDF report now.

What's Hot

We love free stuff. Especially if it's free and valuable. Harvey Segal's "101 Super Tips" is definitely worth reading.

Click Here to download this free eBook now.
Before you continue reading, we like to thank you for stopping by and address a few concerns you might have. In the age of online fraud and privacy concerns I’d like to get your attention for just a couple of minutes.

  • We are taking online privacy very serious. Please read our privacy policy and how we protect your privacy.
  • If you subscribe to our newsletter you can unsubscribe at any time and you will never hear from us again.

To give you an idea who is behind this website please click here to read more about Internet Marketing Tools and its founder Peter Dobler.  

 

Hot Links


Latest Marketing News

5 Things You Must Have to Succeed in Affiliate Marketing

The idea of being mere passengers on a ship meant to sail to the farthest points does not appeal to people who like to put their destiny into their ow...

RIGHT NOW There s A Customer At Your Website. So, Who s Talking To Him And Making The Sale?

ActionHomeBusiness.com&39;s Home Business Report Monday, March 08, 2010Publisher: Dan L OrrRIGHT NOW There&39;s...

Product Review: Pro Traffic Funnel

Pro Traffic Funnel is a new site that says it guarantees more CONVERTING web visitors and online advertising with very little effort or cost. So ...

Get Unlimited Authority Backlinks For Unlimited Webpages

[Time Sensitive] A new link building system has just been launched and I&39;m in! In my opinion, the uniqueness of this system are two folds: 1) E...

New promising PTC

Standard:From you click: 0.0075$From referal click: 0.005$Direct Ref limit:50Premium:Price on month: 6$From you click: 0.01$From referal click: 0.01$D...

What s With An Alias In A Niche?

A lot of seasoned marketers out there make good money in niches. That&39;s probably not going to surprise you much. What may catch your attention is ...

New Social Network for Marketers and Home Based Businesses

Swom stands for Super Word of Mouth and is a social networking sites for home businessses that gives you the tools to achieve your financial destiny. ...

Do You Know Anything?

Hello Friends,Do Your Know Anything? Join The Discussion Brand Yourself!http: myweb2.goodnewsforall.com Do You Know Anything?Love FaceBook and Twit...

Yuwie Review You re Paid Through Advertising Revenue With A Free Account..

"Yuwie Review You&39;re Paid Through Advertising Revenue With A Free Account..." Yuwie is the newest FREE social networking site. It has...

Power Blog Cleanup

Hello my friends, it&39;s been a while since I wrote in my own blog. Not that I didn&39;t look out for you and made sure that everything works well,...

 

Complete Money Making Site Setup FREE!
Click here to Launch 5 Automated Income Streams in 24 Hours!


Terms of Service - Earnings Disclaimer - Privacy Policy
 

Weekly Specials

Residual Income
Our List of the Top Income Opportunities

Articles & Tips
Tips and Advice to Improve Your Online Business

Internet Marketing
Marketing Services for Your Online Business

Recommended
Some of the TOP Internet Marketing Products

eBooks
Recommended Reading

Website Promotion
Getting Visitors to Your Site

Website Development
Making Website Productivity Easier
Turn $25 into $2000
Empowerism Image

Get your free gift below:
SFI Image



E-mail Website Owner:
Peter Dobler

Visit our Real Estate site at Pinellas County Real Estate

SiteMap

Site map Search

Top Home Biz Resources

 
 

Credit Consolidation
Credit Consolidation Services

French Property
Your Portal for finding French Property for sale in France.

Anime
Free Anime Downloads

vBulletin Hosting
Web Hosting for vBulletin forums

Electronics
Online home consumer electronics store where you can find the best deals.