Extremely Limited Offers Section

[admin]

Just had an idea and wanted to run it by you..

What do you think about an "Extremely Limited Offers" section?

Offers that could:

1. Only be run for up to 5 days then it goes into unmoderated status. Member can choose the time. 1 day, 2 days, 3 days...etc up to 5 days max.

2. Offer could only be run ONCE for the same product. You couldn't run a limited offer for a product for 5 days and then run the same thing 5 days later.

3. Thread Prefixes would be required. The prefixes would be something like 1 Day Offer, 2 Day Offer, 3 Day Offer...etc.. whatever yours is.

Everyone knows what a "limited time" offer can do in terms of sales.

And I could make the section popular very quickly by running board wide notices about it.

I'm not saying I will do this, just thinking, and wondering if it might relieve some of the pressure off the main WSO section.

Any interest?

[Lance K]

I like it. I like it A LOT!



The inaugural one could be the prelude to you increasing the price of the War Room.

PPPS - For those that know me... they know I am a man of my word. So, when I tell you that this low $37 investment is for a limited time, I mean it. If you decide to think about it and come back later, chances are you will find this to be $97 or even $197 or even more.

That dog will hunt!!!

[Sylvia Meier]

Allen,
I think it is a great idea. Would be perfect for those presale before launch deals etc. Could really be used to capitalize and boost sales for products. Another one for the I like it alot group.

Sylvia

[Kevin-VirtualProfitCenter]

Great. Go for it.

[Kevin Barnes]

Great idea Allen... Let it roll!

[Sonja]

Two Thumbs Up Allen!

[George Wright]

Yes Allen, Go for it.

George Wright

[IM Headlines]

Another thumbs up from here!

[misterwrecker]

Roll out the barrel baby!

[Andrew Stevens]

Oh yeah! That would be awesome!

[Lynette Crase]

I think this is a great idea.

[Mo Goulet]

How much would it cost?

[Brian Cook]

Sounds like a fun idea.

Would it require special WSO type pricing, or any pricing
such as in the classified ad section?

How would repeat ads be prevented?... word of mouth
by other warriors? moderators?

Just brainstorming here.

Brian

[Maria Gudelis]

Allen - would love it, use it and pay to use it!

[Justin Mandel]

It's an EXCELLENT idea!

[Johnny Slater]

I'll kick in another vote for this. This sounds like a really great idea and I already have something in mind that would work very well with this.

[bwall]

Sounds like a great idea Allen.

[WritingMadwoman]

I think it's a great idea. I haven't run WSOs in awhile but I can think of a couple offers that might fight that model well. I'd also be browsing those offers as a buyer for sure!

Wendy

[Scott Ames]

By the description I assume it would only be for products, not services. A graphic artist might want to run a 5 day offer for banners, but by the rules, would never be able to run the offer again. Once he has run through all his services he is done. He can no longer use the ELO section.

It would be nice if the section (WsO's too really ) would not allow extended characters in the subject line. It makes the section look like a circus in my opinion.

[WritingMadwoman]

Whoa, I just noticed that the Warriors for Hire and Classifieds have been made into sub-forums in the WSO forum! Looks like maybe this ELO forum is going to appear soon?

Wendy

[WritingMadwoman]

Originally Posted by Scott Ames

By the description I assume it would only be for products, not services. A graphic artist might want to run a 5 day offer for banners, but by the rules, would never be able to run the offer again. Once he has run through all his services he is done. He can no longer use the ELO section.

It would be nice if the section (WsO's too really ) would not allow extended characters in the subject line. It makes the section look like a circus in my opinion.

Hmm, I was thinking more along the lines of a limited qty of a new product being sold at a very low price, or a limited run of very exclusive PLR - not necessarily services. I can see how using it for services would be limiting for the provider.

Well I definitely agree about the weird characters, hope those are left in the dust.

Wendy

[mmurtha]

Allen,

Yeah, I like the idea - good thinking!

It would relieve the normal WSO section and maybe slow the pace down some, plus make room for the better deals. Doing something like this could also bring the "Special offer" back into the forum.

To be honest with you, the first thought I had after reading your post was that I hope you would draw some boundaries as to what can be offered in that forum, not just change the amount of time an offer can be changed.

Other than that, I'm good to go with it.


Mary

[Ben Clemons]

sounds like a great idea!

[Lance K]

Originally Posted by Scott Ames

By the description I assume it would only be for products, not services. A graphic artist might want to run a 5 day offer for banners, but by the rules, would never be able to run the offer again. Once he has run through all his services he is done. He can no longer use the ELO section.

Originally Posted by WritingMadwoman

I can see how using it for services would be limiting for the provider.

A designer could run an ELO for a graphics mega pack (buy now buttons, bullets, arrows, etc.) in order to build a list of potential clients.

Content writers could do the same with PLR mega packs.

Video producers could do the same with FLV player skins, special effects packs, etc.

Copywriters could do the same by offering discounted copy critiques.

There are plenty of ways for service providers to take full advantage of this killer new feature (assuming it's greenlighted).

[Paul Coleman]

How about a forum with moderator-approved products? It would be an elite forum where we know there is great stuff and only great stuff.

Paul

[Angel Anderson]

I think this is a great idea.

[IM Headlines]

A section like this will be awesome for those who like
to release limited products.

I've just posted a limited WSO about 3 hours ago. I would've
definitely released it in the ELO section if it was available.

Many warriors would be pleased with this section I'm sure.

[Tony Dean]

If the WSO is only for say, 1 day - the price would have to be something a lot less than the current price of $20 I would think.

That's the first thought.

A 1 day sale may not be the best because of time differences across the globe - some people are awake when the WSO is first put up there - others have just gone to bed for 8 hours, and could miss the ending of it.

That's the second thought.

If the 1 day sale could be advertised in advance by the seller in some other part of the forum to alert people to the fact - it would help with time differences a lot.

That's the third thought.

If they are truly unique products only - then go for it.

That's the last thought!

[MizzCindy]

I think it's an interesting concept - I like it.

I like the idea of really emphasizing scarcity by not allowing the offer to be made again, ever. Although, I admit I'd be wary of that, too. If I put together a limited qty product and they don't all sell out within the 1/3/5 day time frame, then I have to eat that potential profit.

On the other hand, if some of the offers are pulled out of the main WSO area, maybe that will increase visibility and sales in all subsections. That would be a good thing.

I know Paul's suggestion of 'moderator approved' products could be a challenge to implement, but boy-howdy would it rock! Not sure how to set up a fair, comprehensive system to determine what products get a 'moderator approval', but I'll bet those that did would definitely sell.

Interesting suggestion. I'll be watching all the sections while I prepare my WSO.

Cindy

[Daniel Molano]

I think it's a brilliant concept Allen.

Moderated scarcity.

That way people will know for certain it's a limited offer, and not the stunts some marketers are pulling.

If you're looking into this, you should also check for a way to moderate quantity and not only time. Like some sort of script that will cross check sales using an API.

It would make that new section amazing, you could do either limited quantity, limited time, or both at the same time.

[Bill Farnham]

Originally Posted by Tony Dean

If the WSO is only for say, 1 day - the price would have to be something a lot less than the current price of $20 I would think.

That's the first thought.

Hmmm, we put products on Clickbank, pay affiliates 50% - 75%, and we want to grind Allen over a $20.00 bill?

Actually, that wouldn't be the first thought...

KJ

[designfuschion]

wow i like idea.

tony dean and daniel molano had some good points and ideas.
If i used the section i probably wouldnt ever use 1day.
5 days would provide enough exposure and time for people to purchase.

limited quantity is an excellent idea.
I've been contemplating doing a plr wso which would be quantity limited.

Q:
Would the section cost $20?
Maybe scale the cost according to time limits?
$10 for 1 day,$15 for 3days $20 for 5 OR Reverse it. (depends-there could be many IM'ers using 1 day limits becuase that's extreme scarcity..I really don't know).

[Lance K]

Originally Posted by designfuschion

Q:
Would the section cost $20?
Maybe scale the cost according to time limits?
$10 for 1 day,$15 for 3days $20 for 5 OR Reverse it. (depends-there could be many IM'ers using 1 day limits becuase that's extreme scarcity..I really don't know).

I think people are underestimating the potential power of this concept. Personally, I'd expect it to cost quite a bit more than a WSO. Regardless of the length someone chooses to run it.

As a matter of fact, with the right offer, the more scarce it is the better it ought to perform.

[mmurtha]

Originally Posted by Lance K

I think people are underestimating the potential power of this concept. Personally, I'd expect it to cost quite a bit more than a WSO. Regardless of the length someone chooses to run it.

As a matter of fact, with the right offer, the more scarce it is the better it ought to perform.

I agree Lance, particularly if Allen advertises it site wide too. That's like getting a triple bang for their buck! Plus, it may cut back on the junk products.

Lol Ithink some people are complicating the idea more than it needs to be.

[Morgan Richman]

So how did that Nike slogan go? Just do it, man. Just do it.

MorganRichman

[Shannon Herod]

I am in. Lets do it. I would say set the price at a higher price point. At the very least $47 and I would like to see $97.

I would say the same for the normal WSO section as well. If you set the price at $97 I think that will cut down on all the crap, and increase revenue, in my opinion.


Shannon

[Martin.Avis]

Sounds like an excellent idea to me.

Here is a thought: rather than complicate it by allowing different length offers all jumbled together, make them all a standard length (say 5 days) and put new listings at the bottom so they would rise to the top as they age. Then as each listing reaches its 5 day limit, it would float off the top.

That way the higher listings would have the greatest urgency.

I also agree that banning the use of non-standard characters in the main WSO forum would make that place a lot eaier to use.

Martin

[Swastik]

I think it's a great idea.

Also, if as per Paul's idea, the products were moderator approved, it would be even more awesome!

[Richelo Killian]

Is it live yet?

AWESOME idea.... As usual Allen!

[admin]

Originally Posted by Martin.Avis

put new listings at the bottom so they would rise to the top as they age. Then as each listing reaches its 5 day limit, it would float off the top.

That way the higher listings would have the greatest urgency.
Martin

Now that's a damn good idea right there...I can do that..

[dean_holland]

Sounds like a good plan to me

Cant believe people are already thinking about cost of it lol ... I mean really is $20 too much to put your offer in front of warriors here even if only for 1 day ??!!

If you dont have the faith that your product will sell in that time then either advertise it longer or not at all ( does this mean your product isnt good enough ?? )

Great idea, I say go for it !!

Dean

[John Taylor]

I completely disagree. I think it's a dumb
idea to consult about starting an Extremely
Limited Offer Section.

You're just wasting time Allen.

Get on and get it done! ;-)

John

[Bev Clement]

Allen, wonderful idea.

I think services and products could be sold this way.

I would expect to pay a premium for this service, and/or a % of the income to Allen as he would almost act as an affiliate. I would even suggest (if it's not too much of a nightmare to do) Allen takes the sales and gives the seller a % back after the 5 days.

Personally, I would like it to be a fixed number of days, say 5 days only. That gives us all time to see the offers regardless of time zones.

I hate limited offers which are for a few hours, and they tend to be in the small hours over here in the Far East.

If someone did a limited offer here for 5 days, could they then sell it outside. Let's say a product/service is going to cost $97 and for 5 days you can get it for $47, could they then sell it outside for the full price or would that not be keeping with the idea.

[Chris_Willow]

If there would be a section like that, I'd run my offer there for 5 days, but that would be all the business you get from me
It's just that I don't come up with new products every other day.

nice idea thou.

Chris

[hotlinkz]

It's a great idea - except for the part where I whine like a baby after missing out on a really killer "limited offer", since it can't be reposted.

Calvin

[Alican Yenidogan]

Allen,

Does an extremely limited offer include limited offers because of member counts? Lets say we have an offer for only x people. Will we be able to post it there? Or maybe you may devide it into two parts, Member limited offers, Time limited offers. Just an idea..

Alican

[Frank Donovan]

Hi Allen

Originally Posted by Martin.Avis

Here is a thought: rather than complicate it by allowing different length offers all jumbled together, make them all a standard length (say 5 days) and put new listings at the bottom so they would rise to the top as they age. Then as each listing reaches its 5 day limit, it would float off the top.

I think Martin's idea would work very well. You could call the section something like "Five-Day-Deals" and it would stimulate demand as the products reach their time limit.

Like it!



Frank

[intromaster]

Sounds like a plan cause my WSO dropped to the 3rd page in about 16 hours

[TristanPerry]

As long as it really would be an active board (since as you pointed out yesterday, some DP sub-boards are dead) then I'm all for it.

Could make a lot of sense.

Plus in some ways quite a lot of the "more serious" WSOs may go there since as discussed yesterday it does seem like some of the newer WSOs are just re-packaged stuff to gain a quick buck as per the advise of a CB product somewhere.

I'm all for t it anyway I'm hoping to launch a good quality WSO/virtual book within the next few weeks so would be all for anything which makes it easier for good quality WSOs to sell

[Shannon Herod]

I really believe if you do this it needs to be at a considerably higher price. I would say $97 would be a fair number, but we all know you like to under value and over deliver :-)

So, I would be excited to see $47.

Talk soon,

Shannon