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The Magic Cafe Forum Index » » New to magic? » » How much? (0 Likes) Printer Friendly Version

dabah2014
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Texas
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I've been performing magic for around 2 1/2 years now and have just come out with my first ebook. Just out of curiosity, how much money have you more experienced magicians and sellers made with your ebooks?
Matthew
stijnhommes
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You're going to get widely varying answers here. Some of the people here can live off their ebook sales. Others made very little.

All I can recommend is reading up on the business side of magic. Andrew Mayne has some good advice on how to maximize your profit and how to determine the optimum price for a magic product.

Also, how much you are going to sell depends on the quality. If early buyers don't like the project, you can bet they'll say so in reviews. If complaints are well-reasoned, they tend to have a negative impact on the sales of any product.

Those are my two cents.

By the way, people tend to be secretive about the amount of money they earn, so don't be surprised if no one mentions any exact amounts.
Cyberqat
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Authors of any kind don't make much money unless they are very very lucky.

If you want to make a living off of authorship, you have a long and difficult road ahead of you.

If not, then just take the price you think you'ld be willing to pay for it (be honest), discount by maybe 25% - 50% because you are new and want to attract a loyal following and the best way to do that is by offering real value, and put it out there.

I would also suggest you find some reviewers. If NOONE but you has looked at it then you need some 'friendlies' who will review and provide you honest private feedback BEFORE you release. If you've been through that then you want to find some folks who are respected by the community and willing to review it publicly.

But as others have said, early bad public reviews can kill you, so have it privately reviewed first.
It is always darkest just before you are eaten by a grue.
mediamonk
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Walla Walla
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I would also suggest looking at what other similar e-books are going for. Check out lybrary.com for a large selection. Compare the types of material and number of tricks, do a gut check on what people will pay for material from a relatively new magician and get it proofed by other magicians. Also, improper crediting can kill you in the eyes of many here, who may review your work.
"There are two ways of living life. One is as though nothing is a miracle. The other is as though everything is." -Albert Einstein
harris
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Harris Deutsch
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Looks like you already have something at lybrary.com

Is your stuff selling there?

Marketing magic shows, books and props....that is the business side of show biz.

As I "grew older", I use entertainment biz as an add on to my regular counseling gig.

Back of the room sales these days can go world wide.

Enjoy your writing. (on my reading table The Artist Way by Cameron)
Harris Deutsch aka dr laugh
drlaugh4u@gmail.com
music, magic and marvelous toys
http://magician.org/member/drlaugh4u
dabah2014
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Texas
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Hi Harris! Yes my ebook has been selling fairly well. I've currently sold 19 copies. Although I'd love to, I'm not actually considering living off my ebook profits. My curiosity just got the better of me and I decided to see how much I could make. Thanks!
Cyberqat
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Ah, well pricing theory is soemthing you can read a ton of conflicting economists opinions on.

Classical supply/demand theory says that the more you charge for soemthing, the fewer people will buy it so that there is a "sweet spot" where you have the largest total of # of sales * profit per sale.

HOWEVER classical economic theory is based on the idea that people act in mathematically logical ways. (The so called "rational actor" model. ) In practice this varies from being not completely true to not true at all.

Salesman know people don't just assign a value in their head and then compare it to the price. People actually are influenced in their perception of value by the price., If something is too cheap, people are suspicious of its value. And the revrese, if they have seen soemthing priced higher then they tend to value it more. (This last is called "anchoring" in sales psychology and is why all infomercials contain soemthing of the form 'you could pay $$ for this in stores...")

SO, there IS a sweet spot for your article that is neither too high nor too low. Finding what it is however is more art then science. The best guide is to try to find other comparable and successful products in the market and use them as a guide for a base
It is always darkest just before you are eaten by a grue.
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