Freebies can be bad, neutral of good. It depends on the context and how you use them. I would consider a bump of maybe four sales at a ratio of over 15 freebies per sale to be pretty close to neutral. In the future I would suggest running a freebie and a priced book in parallel.
No, not really. It all depends on how you MARKET them. If you're just giving stuff away and not asking for anything in return and you don't make any money, (and your freebie doesn't SUCK) then you don't understand marketing and business. It might have nothing to do with your free book.
Let me offer some free advice to anyone who wants to make money in e-publishing, not to blow my own horn but I'm a pretty damn good e-book marketer and I make enough to pay the mortgage every month from e-books, so
lesson number one is that you have to
GIVE people something in order to get something.
Lesson number two is you must
ALWAYS give them
MORE than they expect.
Lesson number three is you have to
ask for something in return - whether it be an e-mail address for your newsletter list, to follow you on Twitter, to like you on Facebook, to comment on your blog, give a product testimonial (I probably have almost a thousand testimonials from this strategy -
see them here) or to purchase another product.
YOU MUST ASK or you'll never get anywhere.
If you're just Joe Shmo who wrote an e-book but have no fan base, no platform, and no reputation then how do you think you GET those things?
If you're lucky you know someone who can help you with name recognition but most people don't have that. So the easiest way to get that name recognition is to create your reputation and fan base by giving stuff away. Sure, you're going to work your ass off for nothing for a while but if you're playing the game for real, this will pay off.
Now, the icing on top of that advice is that if you can create something that is unique, you’re going to do even better.
So be creative in what you offer and how you offer it.
A few months ago I
posted a thread about
Nathan Lowell - if you've never heard of him I suggest you Google it, read up on who he is and what he did, and then copy his strategy for creating fans by giving stuff away.
And edit to say - I bought BOTH of Nathan Lowell's e-books on Kindle (They sell for $4.95 each BTW) and will buy all the rest of them on Kindle when they are released. I'm not a freebie hoarder.