223 How to Create Urgency to Buy Your Book (Book Marketing Psychology)

The better you know what motivates readers, the better you can motivate them to read your book. This is the heart of marketing. Please use social triggers like urgency for good.

The post 223 How to Create Urgency to Buy Your Book (Book Marketing Psychology) appeared first on Author Media.

What do these phrases have in common?

Limited-time offer! Closeout sale. Inventory liquidation.

In two or three words we learn there is an impending date
when something will no longer be available.

The store will close. The inventory will disappear. The offer will expire.

Customers hurry to purchase so they don’t miss out.

Marketing psychologists call this a “social trigger.” Social triggers are powerful techniques used to influence customers.

In the examples above, marketers create a sense of urgency. Customers feel their time is running out. They worry about losing out, missing out, or spending more than necessary. Getting rid of that feeling becomes a high priority, and it moves them into action.

Why Urgency Works

Why is urgency so powerful? Because most people will only act with an urgent deadline. 

In education, students are moved to study
because of an impending date on the calendar labeled “Exam.” Students attend study
groups and review sessions for two days prior to the test date, but rarely
before then.

In matters of personal health, people are more
likely to modify diet and exercise when they have a reunion or wedding coming
up. On the other hand, people are often unmotivated to improve their habits
until their doctor lays out a few statistics regarding mortality.

For most of us, there has to be “blood in the
water” to move us from a state of apathy into action. 

Urgency is why deadlines are so motivating writers.
We are so desperate for urgency that indie authors, who generally don’t have concrete
due dates, create self-imposed deadlines to make themselves finish. 

So, if a reader can put off buying your book until tomorrow, they will never buy your book.

If a reader can put off reading your book until tomorrow, they will never read your book.

Since “tomorrow” never comes, authors must
create a sense of urgency for customers and readers to move them from thinking
about your book to purchasing it.

How to Create Urgency for a Book

Method #1 Launch Window
Bonus 

Create a bonus that is
only available for a limited time. 

When Michael Hyatt
released his book Platform, he created a bonus bundle worth hundreds of
dollars. He partnered with other authors and businesses who had products
related to building a platform and digitally packaged them together. Anyone who
purchased his book in the first two weeks of launch received that valuable
bundle for free.  

With your book launch
date in view, you can create bonuses or prizes to giveaway to early buyers.

Prizes can include:

Short
storiesGuidesTip SheetsCoursesDiscount CouponsA piece of music that goes along with the book.

You don’t have to create
all the prizes yourself. Partner with other authors to create compelling
bundles. But make sure your bonuses are actually valuable to your
readers. Bonuses need not be expensive, but they must have a high perceived
value for your reader.

Printable bookmarks,
screensavers, or lock screen images are easy to create and distribute, but they
rarely provide a high enough value for readers to purchase today rather than
tomorrow.

Anything that is
valuable to your reader and inexpensive to distribute would make a great launch
window bonus.

Method #2 Limited 1st
Edition Print Run 

People love the idea of
owning a “First Edition” book. Consider printing a specific number of first-edition
hardback copies of your book. Limited quantities create urgency forcing readers
to race against each other to get copies of the first edition before it sells
out. 

I did this by accident when
I published my book. There was a glitch in the spacing on the spine when I placed
the order for my Kickstarter backers and launch party. Instead of despairing
over the imperfection, I presented those as “rare flawed versions.”

You don’t have to have
flawed copies to create this kind of urgency. With some purposeful planning, you
can create a limited-edition hardback version of your book that will have your
biggest fans hollering, “Shut up and take my money!”

Method #3 First Buyers
Get a Bonus

Providing bonuses for
first buyers is like Method 1. But instead of limiting the time it’s available,
you limit the total number of winners.

For example, you could
email your list and say, “The first 100 people to email me their amazon
receipts will receive the bonus bundle.”

This kind of urgency
protects you if the bonus is expensive. You don’t want to bankrupt yourself
giving away and shipping 10,000 free shirts to everyone who purchased your book
on release day. It also creates the sense that when those prizes are gone,
they’re gone.

Method #4 Free Pulsing
& Price Pulsing

Price pulsing is a way
of reducing the price of your book for a limited time.

Since you can price
pulse at any time, this tactic has the advantage of working for older
books. If your backlist is deep and you want to increase sales on an early
book, reduce the price on that title for a limited time. Announce the
time frame, honor the price reduction, and be sure to raise the price when the
time frame is expired. We have an entire episode on price
pulsing called “ How Free Pulsing Can Help You Sell More Books with Jamie Foley.”

Employing a price pulse during
a book’s launch period is risky, but when it works, it works well. This is how
James L. Rubart became a bestselling author. His publisher free-pulsed his book
(offered his book for free for a limited time) soon after it launched. It
triggered a firestorm of buzz about that book. People who read the free book
loved it so much they told their friends. Those friends then paid full price,
and that title sold a lot of paid copies.

Method #5 Collective
Action

Collective action works
well if you have a large following who loves you or who wants you to succeed
for political reasons.

Authors with large
followings may rally their readers around a single goal. For example, an author
may email readers to say, “If everyone buys in the first week, we can hit the
bestseller list!” 

This is how Ron Paul’s Political
Manifesto hit number one on the New York Times Best Seller
list. Ron Paul was not a popular political candidate, but his passionate followers,
who believed in his cause, encouraged each other to buy his book withing a
specific week so it would be listed as a bestseller. 

If you don’t yet have a
passionate following, this tactic is difficult to employ. It is also risky if
you rally the troops and then fail to hit the bestseller list. 

Method #6 Reverse Coupon

When you offer a reverse coupon, you warn readers that the price will increase at a specific time in the future. If you launch your ebook at $2.99, you would include a warning that the price will jump to $5.99 in two weeks. This creates the urgency to act now. 

Reverse coupons give the
consumer a sense that they might miss out. Internet marketers have dubbed this
FOMO, or “fear of missing out.” No one wants to feel like the schmuck who
unnecessarily spent more than the next guy.

Reverse coupons have the
added benefit of reducing the number of people who complain about the price
increase. If you give people enough notice, they have nothing to complain about
when the reverse coupon expires.

Method #7 Live Events

Host a live event, either online or in-person,
for people who have already purchased the book. Customers can present their
receipt as their ticket to the event, or they can purchase your book at the
door. A live event acts as a deadline for people to buy your book.

You may also want to host a live event for people
who have finished the book. For the novelist, this might mean
hosting a “Spoiler Discussion.” Readers will be motivated to find out what the
spoiler is, form an opinion about it, and participate in the discussion.

The nonfiction author might offer a Q & A
webinar for people who have read the book. It allows the most invested readers
to ask follow-up questions. An opportunity to ask specific questions nurtures
the reader-author relationship and builds trust.

There are More Ways to Create Urgency

This is not a comprehensive list. With an
understanding of customer psychology added to your ethical creativity, you can
create a sense of urgency for your readers that will move them from apathy to
action and delight them at the same time.

What good and bad examples of urgency have you
observed?

What ideas have these seven methods prompted?

Share your ideas and examples in the Novel
Marketing Facebook Group.

Sponsor:

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Encouragement

I have been learning a new kind of marketing lately. Marketing to toddlers. 

This is the ultimate challenge, and one many of you have already mastered. What you may not realize is how many lessons apply to grown-ups too.  

We want to feed my 15-month-old daughter protein, especially at night so she won’t wake up hungry in the middle of the night. We already have a newborn crying for food at 3am, a toddler doing it as well is too much. 

If Mercy had her way, she would eat nothing but sweet fruit and pizza. We don’t want to feed her pizza all the time, so what I did was cut up some meat for her in pizza shapes and called it “meat pizza”

This is meat that she had previously refused to try. But now that it was “meat pizza” she was curious. She tried it, and what would you know, she liked it!

A lot of book readers are like toddlers. They only want the familiar. They want to read the authors they already read in the genres they already read in. 

We can’t change them, but we can work within those limitations. This is why radically new book covers are so risky. A good book cover communicates “this book is like the books you already like.” Just like called meat “meat pizza is like saying “this food is like the other kinds of food you already like.”

Now this only works if the substance of your book matches the packaging. My branding of meat as “meat pizza” would have backfired if the food tasted bad.

So a question for you to ponder. Which successful author are you most like? You need a clear answer to this question. If your answer is “I’m unlike any successful author” readers will tighten their lips and turn away their heads from you, like a petulant toddler, regardless of how good your book is. 

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