Is volume the name of the game when it comes to eBooks? I’m not convinced that it is.

In this post by Chris Brogan, he makes two extremely important points about pricing digital products.

1. People never truly know what your content is actually worth. Even after they’ve read it.

2. People assume what content is worth based on the up-front price.

If you give a kid a puppy, they will, from day one, forget to feed it, walk it, and they will never EVER scoop the poop. However, if that kid begs for a puppy for 3 years before you finally cave and let him have it, they will feed it for a year, walk it for a week, and scoop the poop once. This is still imperfect, but an improvement. The old adage about people not holding value for something that comes too easily is still true.

It’s rare for people to take the advice of any expert seriously. The real value of the words of great men and women, people who’ve been there, those who are self-made millionaires, the kids who’ve made it, is in the action that follows. Reading Think and Grow Rich once will tell you that. It’s all stuff you already know. (Or at least, that you should know.) Nothing in that book is groundbreaking. But the people who’ve taken it seriously and then acted on it, their success becomes legend. And then, the book gets a reputation. But everybody hopes for a free puppy.

When I price my books, I have nothing like the reputation of Andrew Carnegie nor his student Napoleon Hill to rely on to drive sales. I need to justify right up front why my stuff is good, whether it be an instruction manual or any of my crappy fiction. If it’s 99 cents, more people will probably download it than if I had priced it at $9.99. (Or in some cases, $99.00.) But I doubt ten times more people will. And at 99 cents, there’s nothing for my readers to brag about. No reason for them to tell their neighbour about how great this book was. It will be forgotten because it was not valued before they even cracked the cover.

I’ve had clients who have grossly underpriced their work. Every single time, I plead with them to not do it. Some listen, and some don’t. Before you underprice your next eBook, ask yourself, “Why do I feel the need to do this?” Is it fear that the book won’t sell at a higher price? (Fear motivates rarely motivates us to do anything positive, but that’s another article.) Instead, what about doing the tougher job: demonstrating value. Only a poor salesman drops his price. Demonstrating benefits, offering testimonials, samples, and showing long-term cost savings are the way to come out on top.

Remember, you only have to sell 1/9th the quantity of eBooks at $9.99 than you do at 99 cents to come out on top.

Ad Age does a daily rank of the world’s 150 top marketing blogs. Here are my faves off that list, and why.

The daily list is at: http://adage.com/power150/. I read several of them regularly, although I don’t read any of them daily. My list of favourites – in the order they are found on the AdAge list – includes;

- Seth’s Blog: Seth Godin, the sexiest head in marketing, has daily blog posts that are short, to-the-point, and don’t waste time. Inspirational.

- Chris Brogan: Also sexy, but different. I’ve heard Brogan speak at various conferences, and he’s a real, down-to-earth guy with stuff that works. Simple.

- CopyBlogger: Brian Clark talks about words that sell, and why. He’s a WordPress advocate, and his posts are uncomplicated and explanatory. Interesting.

- JohnChow.com: I love him for so much more than being Canadian. John is a racehorse in the world of marketing; sleek and fast. Aggressive.

- ShoeMoney.com: Love this guy’s backstory. A real Basement Techie, all grown up. An eager and hardworking guy with great advice. Funny.

- ProBlogger.net: Darren Rowse has plenty of guest bloggers on his site, all about blogging for money. Specific and technical. Aussie.

- JoelComm.com: If you want to learn about how to use ClickBank or AdSense, this is the guy. Believable and trustworthy. Sensible.

- ChrisG.com: Garrett’s generous new media and WordPress blog fills a gap that others have missed. Smart, understandable, and practical. Clever.

I’m sure there are others just as worthy, but these are the guys on that list that I read regularly. I notice that Michelle MacPhearson’s blog and Frank Kern’s variety of crazy sites have missed the list entirely, which is a real shame. Both are also great folks worth following.

Image from Copyblogger.com

This is a great post from Copyblogger, which if you don’t already read, you should be. Founder Brian Clark is a real smartie, and he’s always got great stuff.

When he talks in #2 about not using a standard page from within WordPress, don’t forget that you can remove the sidebars from any WordPress page and still use that as a landing page. I do it all the time, and it’s very simple to have a theme designer help you with a few brief keyboard strokes that will simply create another page template.

Brian often has clever and brief tips that are extremely useful, and you can follow him on Twitter as @copyblogger.

Author Holly Tucker is about to release her book “Blood Work” on March 21st. Check out her pre-release activities to help market her book.

Holly has great cover artwork, and she uses it. She also happens to be adorable herself, so she has her photo in her newsletter. She has created regular and clearly-written contact with her potential reader base, and she’s quick to remark on things like positive reviews (in Publisher’s Weekly – congrats, Holly!) in her neatly crafted newsletter.

But here’s the thing I like the most about this newsletter: the opening line. “My amazing agent, Faith Hamlin, wrote something today in response to a bunch of questions that I had sent her. ‘You’re doing. Fine. Don’t worry.’ ” The periods are what caught my eye. It’s subtle, reassuring, and you want to know the answer to the implied question. It’s like a promise stating, this will not bore you. It slows down the reader and forces them to pause and pay attention.

A good subject line or opening line is tough to write. It must convey excitement, create good feelings in the reader’s brain, and encourage them to read the rest of it. I rarely read an entire newsletter, I confess. So many of them are poorly-written, contain no useful information, etc. But Holly’s style is very readable, and even though she’s not giving me anything scientific I can use in my business, I want to know about her journey as a Writer, as the creator of the “second baby” as she refers to it. I feel her excitement. I want her to succeed.

Good luck Holly! You can learn more about the book here: http://www.holly-tucker.com/blood-work/#about and follow her on Twitter as @history_geek.

If you are trying to sell ebooks to mobile readers (and who isn’t?) you must read this post by blogger Piotr Kowalczyc. The entire post is written in bullet points, with exact instructions on how to sell more ebooks to mobile phone readers.

(And by the way, this is precisely what I do every day. Trust me. It definitely does sell more ebooks.) I might add, that you can use your own affiliate link (Amazon calls these “Associates” when referring traffic to your own books. He also gives great points on using hashtags on Twitter.

Here are the first few lines of the post, just to whet your appetite:

“If you are a self-publisher actively using social media to find readers and draw their attention to your books (probably published in an electronic form), this post is for you.

I’d like to share a simple way to make your e-book available for instant purchase by mobile phone users. As you’ll see – it’s very easy.”

Good luck!

I really like Chris Garret’s honest comments in this article about his experiences with affiliate marketing. While he talks about it more from the standpoint of running ads for someone else’s product, rather than having an affiliate program for your own products, he gives encouraging advice that mirrors my own.
Pay special attention to his remarks about mistakes that he made while starting up: as a product owner with your own affiliate program, you can use quality documentation (good written instructions) to make it easier for your affiliates, build their trust, and help them to avoid potholes.

Jill Exler is a Mum, Author, and Entrepreneur who is really hitting the streets with her tool for self-published Authors, Jexbo.com.

Jill’s smile isn’t the only bright thing about her. Jexbo only takes 5% for any self-pubs that list their books on her site, as compared to (ultimately) over 50%, depending on the variety of services available for Authors. Jill created the site herself after stuggling with her own self-publishing issues.

I love that Jill took things into her own hands, and that she’s kept her business model so simple. Her service is complemented by an interview series (Hey Jill! I’m available!) and a newsletter aimed at self-pubs. It’s all about helping self-pubs advance their businesses.

Jill takes things seriously, and she doesn’t mess around. You can follow her on Twitter at http://twitter.com/jexbo. What a clever cookie.

This past weekend, I attended two events. Friday was #bcvan10, or BookCamp Vancouver, and Sunday was #smcv10, or Social Media Camp Victoria. Both events made quite an impression on me.

Here’s a bulleted list of what I learned at Social Media Camp and BookCamp. (I’m too tired to turn my notes into prose.)

1. I need to leave the house more often. (So much for the glamorous benefits of being self-employed.)
2. Book publishers are trying really hard to succeed in the area of eBooks. Some are fighting the ePub revolution tooth and nail, but many houses are working to convert entire back catalogues to ePub format. The problem is, they’re spending far, far too much money to do it. Their methodology for this needs serious re-examination.
3. Social media ROI is measurable after all – it’s not just about karma. Correlating the relationship between tweets and visits to my blog is easy. Visits to my blog has a direct relationship to new client intake. (But don’t mess with karma, regardless.)
4. I’m not the only one who wants to know the real people behind my social media connections. People can build a certain amount of trust online, and that’s accomplished best with video (I know that from personal experience – nobody said it this weekend) but meeting people in the real world is what closes the deal.
5. My personal understanding of the way SEO and social media work together was not fantasy – it was bang on. (Blog post or white paper forthcoming.)
6. I think I’m going to re-issue a number of the eBooks I’ve created under various pseudonyms with my real name slapped on the front. Re-brand, re-market.
7. People trying to self-publish fiction need a whole new way of connecting and doing business. I hope that some of the people I met on Friday at BookCamp have a chance soon to attend Social Media Camp. Everyone in that business is either lost, frustrated, or slowly going broke. It’s crazy. Non-fiction has it much easier, but there’s a reason I don’t do fiction. It’s just sooooo hard.
8. It was very encouraging on Friday to hear that so many people are on the eBook bandwagon. I had serious concerns about being the naughty eBook girl in a room full of hardcover lovers. (Which I still am, by the way.) But instead, I felt encouraged and optimistic about the relationship between eBooks and traditional publishing houses, for the very first time. Many companies might survive, including ones that only a year ago had self-prophesied their doom.
9. I need to be much more consistent about my own application of social media. My Klout rating had dropped to *6* from 24. But, after today, it’s now up to 35. @meganberry was right – it’s not about the number of followers.
10. This is going to be a crazy next three months.

And one more thing: #11. Affiliate marketing is still the big pothole that I see missing from both the book marketing picture and the social media picture. (Document of some sort forthcoming.)

Cool people I met, connected with, or otherwise admire from this weekend:

- http://twitter.com/unmarketing (Scott Stratten, Keynote at #SMCV10)
- http://twitter.com/julien (Julien Smith, Keynote at #SMCV10)
- http://twitter.com/jmaxsfu (John Maxwell, Professor at SFU, co-organizer of #bcvan10, eBook advocate)
- http://twitter.com/justyn (Justyn Howard, Speaker at #SMCV10)
- http://twitter.com/brendonjwilson (Speaker at #bcvan10)
- http://twitter.com/raincoaster (Lorraine Murphy, Speaker at #SMCV10)
-  http://twitter.com/Kathleen_Fraser (Speaker at #bcvan10 and Mpubber)
- http://twitter.com/stitchtowhere (Cynara Geissler, Speaker with Kathleen at #bcvan10)
- http://twitter.com/seancranbury (Host of Books on the Radio, guy with camera, co-organizer of #bcvan10, Mpubber)
- http://twitter.com/daveohoots (Marketing Dude for Hootsuite.com and Speaker at #smcv10)
- http://twitter.com/tpholmes (co-organizer of #smcv10)
- http://twitter.com/meganberry (Marketing Manager for Klout.com and Speaker at #smcv10)
- http://twitter.com/somisguided (Monique Trottier, Social Media chick and consultant, co-organizer of #bcvan10)

I’m super proud to be speaking at this year’s The Word On The Street Festival in Vancouver, BC. On Sunday, September 26th, the other two Book Broads and I will be hosting a FREE panel titled “Build it and they will come – NAH!” It’s all about book marketing, publicity, and generally being in people’s faces.

The description of our talk goes something like this: “Many writers assume once the book is complete, it will sell itself, right? Wrong. No matter the method of publication — traditionally published, entrepreneurially published, or electronically published — the onus of promotion falls on the author. The Book Broads offer practical advice for writers (published or not) to raise their profiles, extend their reach and build their fan base.
Join Angela Crocker, Kimberly Plumley, and Peggy Richardson as they take the sting out of the overwhelming prospect of media interviews, blog posts, Facebook updates, podcasting, and so much more.”

Queue up early! We start at 1:45pm downstairs in the Peter Kaye room of the main branch of the Vancouver Public Library. (Yeah, that building that looks like the Roman Colloseum.)

See you there!

It’s often difficult to get hard numbers for eBook sales, but this graph from the International Digital Publishing Forum gives us something close.

Check out the sharp curve from 2008 to 2009, which is the year that the Nook and other eReaders were released, including the second-generation Kindle. The second generation of anything is often better than the first, and the people who wait for the second of everything to come out are what form the bulk of the market.

Impressive.