Hey, y'all, on today's podcast, we're going to talk about how to price your digital product.

Welcome to the Flip Lifestyle podcast, where life always comes before work.

We're your host, Shane and Jocelyn Sams.

Join us each week as we teach you how to flip your lifestyle upside down by selling stuff online. Are you ready for

something different? All right. Let's get started. Hey guys, thanks for joining us for this week's

Flip Lifestyle podcast. We are going to be talking about how to price your digital product today.

But before we do that, we want to take just a minute and read

one of the Facebook posts that you guys have left for us. We've been kind of rotating between iTunes

reviews and Twitter post and Facebook post. And today we're going to do a Facebook post.

Today's post comes from Matthew Pickens and he writes, S&J, thanks for your down home laid back southern real way of communicating. I am bad at math too. Thanks, man. We appreciate that. It's good to know we're not alone. You give real information wrapped in a biscuit of hope. Just Jocelyn's favorite quote of the week, I think last time. She saw that.'ve never heard that one before, Matthew. It's pretty awesome and we will be adopting that in our lingo. My wife and I are listening to your podcast and we are ready to flip our lives too. That was an awesome quote, Matthew. Thank you so much. And if you guys want to reach out to us in any way, a great place to do that is at our Facebook page. And you can find

that over at facebook.com slash flipped lifestyle. Not only can you leave us a message anytime we read

every one of them, but you can also come on Sunday nights at 8 p.m. Eastern Time. And we take

questions for our Q&A podcast. So make sure if you have not done so yet, go over to

Facebook and follow us and reach out and send us a message. All right, let's jump into our topic

today. Our topic is probably one of the most asked questions that we get. And it is a really

difficult subject because there are a lot of variables and factors that come into what we're going

to talk about today. We're going to talk about pricing your digital product. How do you know how much your digital product is worth? How do you

know how much people are willing to pay for your digital product? That's a very complicated thing.

And we're going to try to break it down today into a few tips to help you understand a little

bit better how to price your product. When we first started selling digital products, we just had to guess at the pricing. And I think a lot of people have to do this, especially if there aren't a whole lot of people out there doing what you want to do. We have learned a lot from the mistakes that we've made, and we want to help you to avoid some of those mistakes. So we're going to start out today by giving you five tips for pricing your digital product.

And the first one is don't lowball your product.

I think a lot of people make this mistake when they're going in.

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