One question that used to plague me, and I know plagues a lot of music entrepreneurs is, what do I price my music education products at? What do I price my music eBooks at? What do I price my courses at? My other resources for my music audience?
What if I price it too high and no one buys it? What if I price it too low and then I’m leaving money on the table?
All these questions can get your brain just going in circles and lead you to inaction. But fear not my fellow music entrepreneur.
Today, I’m going to be talking about how to price your music education products to sell, by providing you with 2 questions to ask yourself and 4 tips to help you make a final decision.
In this episode:
1. Question #1: Are you pricing out of fear or with value?
2. Question #2: How valuable is the transformation?
3. Tip #1: Look at the comps
4. Tip #2: Evaluate the role your product plays in your portfolio
5. Tip #3: Experiment
6. Tip #4: Ask for feedback
Thanks for listening to this episode of the Passive Income Musician Podcast. If you aren’t already, make sure you are subscribed on iTunes, Google Podcasts, Spotify, or wherever you listen to podcasts.
I look forward to having you join me in the next episode!
Important Links:
Episode 33: How to Make $1,000/month of Passive Income as a Musician
Episode 09: How to Know Which Music Products Your Fans Will Buy