Damn Funny Video!!

Hi guys, here to show some funny video about japanese pranks… LOL

[youtube w5D0Pam4LOs]

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[youtube x_wFuCKCOQ8]

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What has gotten into the heads of internet marketers in dp?

First of all, i am not an internet marketer. I am just writiing my views from the perspective of a customer. Browsing forums like digitalpoint for ebooks, has been one of my habits. I myself prefers to read ebooks or buy books online to going to the bookshop to buy books, because it saves time and its very convenient. Recently, i had been browsing through the forums for some ebooks and something caught my attention. Theres  a thread, someone is selling his ebook for just $1. WTF is that? Why is this guy pricing his products at such a low cost?

What has gotten into the heads of those internet marketers in dp? Pricing of products is a major factor that determines the sales. Customers normally won’t go for products that are sold at high cost. So, you might have thought, “Ok! i will price it at damn lost cost to attract more buyers” You might had done some simple calculations in your head.

Total revenue expected: $20000
Price of ebook initially:$40
So, you would have to sell 500 copies of that ebook to reach that target.

How many people are willing to pay $40 for an ebook? Maybe not much. So you lowered the price of the ebook. I agreed you should lowered it. BUT, heres what you done:

Total revenue expected: $20000
Price of ebook NOW :$1
So, you would have to sell 20000 copies of that ebook to reach that target.

You might had thought that by pricing it at just $1, you get definitely get more customers, and it will be easier to reach that target. You might be half right. But is it worth it?? Will you able to make more by pricing it at slightly higher price? Let me tell you how the customers think. By underpricing your products too much, you might get negative effects.

1. Your sales decline. Normally, people will believe those products are of low quality and they won’t buy it. They will have this type of thinking “This product must sucks! If not why are they pricing it at such low cost?”
2. You are not maximsing your profits along with the effort you had put in. ( you are selling something that you probably can sell for $20 for $1) You are earning 20 times lesser then what you should earn intially

So back to questions. Why do you think customers buy ebook for? As a customer, let me tell you this. Customers buy ebooks to learn more things, they go for quality content. And, you can be assure that, no matter how much the ebook cost, if its reasonable price, they will buy it. So by underpricing your ebooks at “$1″, will makes your ebook looks “cheap” and of low quality. And this is a serious problem because you know customers goes for quality.

Pricing a product may seems to be simple. BUT, in fact, it requires alot of brainstorming and research so as to maximise the profits. Pricing of a product might lead to your product sucess, but may also lead to failure. Thats what i thought..

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List of web directories

A short but useful post today, i had been browsing through the forums and found out that alot of members are actually looking for a list of web directories for their link development. I had taken some of my time to compile a list of web directories. You can download at directorylist.pdf Cheers to everyone!

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Do you make mistakes that lead to failure?

Was browsing through the net and find this list. Its a list of failures of famous people in the world.

1. Einstein was 4 years old before he could speak.
2. Iassc Newton did poorly in grade school and was considered “unpromising.”
3. When Thomas Edison was a youngster, his teacher told him he was too stupid to learn anything. He was counseled to go into a field where he might succeed by virtue of his pleasant personality.
4. F.W. Woolworth got a job in a dry goods store when he was 21, but his boss would not permit him to wait on customers because he “didn’t have enough sense to close a sale.”
5. Michael Jordan was cut from his high school basketball team.
6. A newspaper editor fired Walt Disney because he “lacked imagination and had no original ideas.”
7. Winston Churchill failed the 6th grade and had to repeat it because he did not complete the tests that were required for promotion.

I believe everyone made mistakes in their life. Me too, i make alot of mistakes in my life that lead to failures. Failure in friendship, failure in personality/character etc. Do you guys really experience failure before? Failure that leave a scar in your entire life, failure that leave a scar in your character.

I don’t know about yours, but for me, that mistakes that i had made, i could still remember clearly despites after long years. As the saying goes, “Time can heal wounds”, i only believe in that partially. Yes, time can heal phyiscal wounds, but can time heal mental wounds? Can time heal mistakes? My answer is “NO”. Why? any prove?any evidence? Because time did not heal my mental wounds, did not heal my mistakes. Well, when  a person makes mistakes, people tend to remember it, despite all the good things that he had done. It was like, you are a white paper, just one mistakes in life, make your paper stained with maybe some black ink. This ink will be on you forever and that white paper wont be “white” ever again. A recent e.g will be edison chen incident, i am sure when i mentioned edison chen, people will straightway think of his sex scandal with numerous actress. Did you guys think of how much he contribued to the charity? How many great pieces of work he had done for past few years? Similarly, if you were once a traitor under certain unwanted circumstances, how will you feel like everytime people thinks of you, they think of  ”traitor”? Even though you are forgiven for that mistake, you could not forgive yourself? Have you ever feel this before?

Life is all about regrets, its all  about mistakes. Once we make a mistake, we must be responsible for that mistake that we made for the rest of the life as this little mistake that you made will follows you in your entire life, into your dreams. Thats the power of mistakes. 

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