Starting A Blog | Blogging For Money

So you’re starting a blog, a splash page, landing page, or any website and trying to sell products to your viewers. Humans have a natural tendency to group prices based on a few characteristics which will be detailed later. Internet marketing has skyrocketed and more people are cashing in on this amazing industry with blogging for money.

The growth will continue far into our lifetimes so the earlier you can take advantage the better. Internet marketing is a unique situation because every single website’s promotional tools are different. There is not a single website that is identical to anything else out there. This gives you the freedom to use your mind and be creative when trying to market online through a blog or other website.

How To Set Prices When Blogging For Money

Rule Of Thumb: Price your products just below one of the common mental barrier groups of prices. People often think if spending money in terms of digits, for example $9.00 has one digit to the left of the decimal. Perhaps the cost of an item is $19.00, there is two digits to the left of the decimal. Human’s brain are wired to think in a way that groups prices together. Specifically if a person were to see a price tag of $9 and $5, they will group these prices as comparable in their mind.

How can you use this science to your advantage? If you want to maximize your profits then sell an item within the same “group of prices” so the customer believes they are still buying the item at an affordable price. Another example would be an item priced at $15.00. The customer would likely still buy that item if it was priced at $19 because they are still within the same group of

prices.

To learn How To Set Prices on your blog you have to think about the other end of the deal, being the buyer. Think about how you categorize prices when you’re shopping. The barriers of prices I found most often used include: $5 – $9; $15-$19; $25-$29 and so on. People are willing to pay the extra few dollars because the first digit is the same. It is natural human tendency to overlook the extra few dollars. Blogging For Money requires you to be aware of every detail in your blog and always think as the owner of the blog but how you feel as a viewer to another blog. This will open your mind to different perspectives and give you the chance to alter your website as you feel necessary to produce the best results.

Leave a Reply

Your email address will not be published. Required fields are marked *


8 − = five

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Get Adobe Flash player
Follow my blog with Bloglovin