Wednesday, October 10, 2012

Make A Bundle With A Bundle


This practice admittedly works far better for authors who have produced quite a bit of writing, maybe a few products and have a decent fan base already built up. It won't work so well if you don't have much content. But if you have a good amount of content--even if you do not have a major fan base already built in, this can still earn you more than you would expect--and increase your fan base by making your old readers and a few (maybe more) new ones happy. 

Everyone loves a bargain--especially in these tough economic times. And you can score some serious points with existing and new fans by giving them what they want--a good deal. Say that you have a new book coming out for example (I use book because it is the most common form of product with writing but it could be a single story, a booklet, ebook, just about anything.) If you're been doing the right thing with it, you would have a blog or a website up where your fans would know well in advance of its near approach. Assuming you have any sort of already existing merchandise (and if you don't you can plan on this for the future) a good way to drive up some sales would be to throw a few books, ebooks, booklets, stories, audio books, etc together into a limited time bargain bundle. It works for Stephen King Novels online, it's worked in brick and mortar book stores (buy 2 get the 3rd free!) it can work for you as well. The advantage we all have today is that in the digital age--nothing spreads faster than the news of a bargain. 

There is also the possibility here of working with other authors in your field. There is a common saying that when it comes to partnerships, 1 plus 1 equals 3. The idea simply meaning that together you can be worth more than either of you can separately. If you have author friends in your field--(or even across field, genre, medium lines) what is to stop you from combining your books, audio books, comics, or whatever it is you have into bundles together? Especially digitally--you can reach both your audiences and sell maybe double what you would sell normally. But the greatest things about bundles is that word of them spread like wildfire--word of mouth, link sharing etc. This admittedly works better if both of you (or heck all of you--you could have a bundle of 5-10 authors--the sky is the limit) have your own audiences and therefore can spread it to more people inherently. But even if your audiences are only a few each--it's still extra exposure. And the few in your existing audiences are far more to spread word of mouth about a deal--especially a limited time deal . (I have found that bundles that last 2-3 weeks tend to work the best--remember, customers are lazy, there has to be a call to action without looking like you are overly trying to sell something. The most successful bundle producers I have seen are those who offer each specific bundle option only once for a period of 2 weeks--sure they will have other bundles in the future, but never exactly THIS bundle again--the urgency shakes the apathy out of most potential buyers.) 

Now before you start to worry that all this would be nearly impossible to set up--it is actually quite easy. Assuming you or any one of your partners in this bundle has a website that is up and running--you can easily put together a digital release using a quick, cheap and easy resource like e-junkie.com along with a shopping cart button from Paypal.com to receive payment. And the great advantage of a digital bundle is the fact that you can give serious discounts on your prices without feeling the burn yourself--other than paying transaction and hosting fees, the only thing a digital bundle costs you is the labor you put forth to create it. 

The bundle idea, like so many other options we can consider in the age we currently live is represents something more--both sides of the equation are winning. Equilibrium: the customer gets something of extended value and the author gets to sell more. And in the case of partnerships, more people benefit. This is just one example of the way in which the creative world of writing has changed quite a bit. One product one sale might not do nearly as well anymore--especially with the overwhelming amount of competition out there. But with the infinite amount of tools available to all of us today--there is no shortage of creative solutions to reaching more people, and creativity is something that authors, when they put their mind to it, do very, very well.

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