Posted by
seobb on Wednesday, January 30, 2008 2:41:46 AM
Whether you are selling ebooks on eBay or on
your own website you are probably not getting a lot of money selling single
ebooks.
You may have to sell them for 99 cents or 1.99 to get any sales. How
can you increase that to a respectable number and make a significant
profit?
There are a number of ways to raise the average sale per customer. These strategies work whether you are
selling on eBay or on your own site.
The first way, is an old retail marketing strategy from the offline
world. Use a value priced ebook to draw your buyers attention to other
ebooks at substantially higher prices. In eBay this merely requires you
to get them to visit your eBay store where you have full margin ebooks
listed. If your customer likes the book he purchased, he is likely to
purchase more.
If you are selling from your own site, you can still use the same
strategy, just in another form. When you make the sale, provide some
links on the thank you page for other books that are related to the
book purchased. A percentage of your buyers will click that link, go to
another sales page and a percentage of those buyers will buy the second
eBook.
Another strategy you can use to increase your customers gross sales
amount is to bundle books into a set and charge a higher price for the
bundle. It doesn't cost you any more to sell 20 ebooks than it does to
sell one and you can sell a set for many times the price of a single
ebook.
The package set strategy will work on eBay either in auctions or in
your store. This strategy will also work on your own website, either as
an initial offer or an upsell.
A third way to increase the monetization of your customer is to use a
One Time Offer or OTO. When your buyer buys one ebook, you will end up
sending him to a download page. When your customer clicks the link to
the download page, instead of being directed to the actual download
page, your customer is directed to a One Time Offer page.
This has to be a big offer so it usually consists of dozens of ebooks
for an incredibly cheap price. 40 ebooks for $17.00 for example. A
percentage of your buyers will buy the OTO offer. This can work on eBay
or your own website.
From your website it is easy because you are already directing them to
a download page from which you can redirect them to the OTO page. For
eBay, you need to direct them to a download page to get the product so
that you can redirect them to the OTO page. If your eBay
system
is set up to automatically email the purchase to the buyer, you will
need to change this instead to directing your customer to a download
page.
There are many ways to increase the sales value of your customers. If
you can successfully turn a one ebook sale into multiple sales you can
substantially increase your total sales revenue and your profits.
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