Epiphany: What I learnt from a WSO

9 replies
Recently I bought my first WSO, and I just wanted to share what I learnt. I hope this will encourage WSO virgins to take the plunge, and maybe help serial buyers to look at them in a different light.

The WSO in question was a cheap video series about article marketing with rave reviews and a great sales copy.

After going through all the content, I realized that I learnt more from the process of buying the WSO than I did from the WSO itself. When you strip back all the crap, the product revolved around a single hot tip. Nothing amazingly ground-breaking, just one of those things that makes you go "oh yeah, thats a good idea, I never thought of that" surrounded by standard videos and more general and well known information.

The thing is, the seller had leveraged this one tip into a complete WSO which turned out to be incredibly successful - both in straight profit and list building. To me, this was more inspiring and useful than the videos! The tip could have been covered in a single sentence... but who's going to pay money for that?

My point is, next time you buy a WSO (or any product online), don't just look at the product, look at how it's presented and structured. The fact that you bought it usually means hundreds of others have too. What follow up emails does the person send? What made you buy it in the first place? Most importantly how did they leverage the cruitial info?
#epiphany #learnt #wso
  • Profile picture of the author George Wright
    I've been saying this for a gillion years. Well, maybe just a million.

    George Wright

    Originally Posted by Aith View Post

    Recently I bought my first WSO, and I just wanted to share what I learnt. I hope this will encourage WSO virgins to take the plunge, and maybe help serial buyers to look at them in a different light.

    The WSO in question was a cheap video series about article marketing with rave reviews and a great sales copy.

    After going through all the content, I realized that I learnt more from the process of buying the WSO than I did from the WSO itself. When you strip back all the crap, the product revolved around a single hot tip. Nothing amazingly ground-breaking, just one of those things that makes you go "oh yeah, thats a good idea, I never thought of that" surrounded by standard videos and more general and well known information.

    The thing is, the seller had leveraged this one tip into a complete WSO which turned out to be incredibly successful - both in straight profit and list building. To me, this was more inspiring and useful than the videos! The tip could have been covered in a single sentence... but who's going to pay money for that?

    My point is, next time you buy a WSO (or any product online), don't just look at the product, look at how it's presented and structured. The fact that you bought it usually means hundreds of others have too. What follow up emails does the person send? What made you buy it in the first place? Most importantly how did they leverage the cruitial info?
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    "The first chapter sells the book; the last chapter sells the next book." Mickey Spillane
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    • Profile picture of the author ExRat
      Hi Aith,

      You're correct. Think of it like building a product around it's own U.S.P.

      The problem is that if ALL of your products are only built around one technique, and the rest of it is basically low value fluff, then your buyers will see through this (as you have done), will experience buyer's remorse, and will attach that feeling to the seller.

      This is fine if you're into 'hit and run' where you have a 'revolving door' effect going on with your customer base, but if you wanted to leverage your customer base, keep them satisfied and sell truly useful products to them over and over while also gaining from word of mouth from those satisfied customers, this technique has it's flaws and often people find themselves struggling to come up with new fluff and filler.

      The worst case scenario is where the product only has one truly useful tactic, and the sales process is structured in such a way that the buyers are misled into thinking that this main tactic will be something that they can use, whereas in truth it is not something they would be likely to use - by doing this, the buyer ends up with absolutely nothing of use.

      The whole philosophy of underdelivering tends to show itself in the way those sellers approach their business. If they know that their product is 'dressed up' to be much more useful than it actually is but they are still happy to put it out there, this attitude becomes apparent through everything that the person does - the sales page becomes borderline BS, the bonuses are often worthless junk thrown in there to create a false image of overdelivering etc.

      These things are rampant in WSOs unfortunately, not least because there are so many people rushing to make a handful of $7 sales when in truth they should really slow down, gain more experience and build more value into each product (if they are in it for the long term). That way, their buyers will come back for the second and third product, and will often skim the sales letter because they *know* the seller will not let them down, as their reputation is built upon overdelivering.

      Paul Myers is a great example of someone who (in my opinion) would rather starve than release a below par product. He even applies this philosophy to his forum posts. In my opinion, everyone could learn from studying the way that he does these things.

      But again - that depends on whether someone is happy to be a flash in the pan, or whether they are in it for the long haul and want to build a great reputation so that they can enjoy the benefits of leverage.

      My main point relates to this -

      I realized that I learnt more from the process of buying the WSO than I did from the WSO itself. When you strip back all the crap, the product revolved around a single hot tip. Nothing amazingly ground-breaking, just one of those things that makes you go "oh yeah, thats a good idea, I never thought of that" surrounded by standard videos and more general and well known information.
      Yes, you have learnt from this. But don't think that because these tactics are prevalent, that they are the *best* way to do things. How difficult is it to produce a product that is FULL of great techniques/tips? How much more can be gained by doing things a better way? How much does the prevalence of lame products make the ones that are packed with value stand out?
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      Roger Davis

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  • Profile picture of the author Toby Lewis
    Thanks Exrat for the thought provoking post,

    Well said, and I definitely agree with the philosophy of quality products. I guess it's important to look at the seller not only to learn what to do, but what not to do. I feel like I got my money's worth with this one (for various reasons), but I have to admit that I will probably never buy from the person again.

    In the long term, a good product really will sell itself.
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    • Profile picture of the author Paul Myers
      Aith,
      In the long term, a good product really will sell itself.
      Never, ever count on that. It's a prescription for despair.

      The only thing people know about a product before buying it is what they're told. Online, that usually amounts to the salesletter. Maybe an affiliate promotion. Neither of those is proof of a product's quality.

      Having a good product does help, a lot. It makes it more likely that you'll get good comments when people ask about it. It increases the likelihood that your customers will buy from you again, which is a huge chunk of succeeding in almost any business. But it won't be enough, by itself.

      To achieve any real level of success in this business, you need an effective sales process. I couldn't begin to tell you how many people I've seen over the years who put all their time into creating solid products, only to find themselves desperate and confused when they couldn't get anyone to buy them.


      Paul
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      • Profile picture of the author VegasVince
        Success leaves clues.

        The truly great marketers leave a paper trail behind them once their next big launch goes live.

        Next time somebody like Frank Kern et al......starts pounding you with emails.....stop bitching about them..... and start studying them.....in order.

        In many cases you'll learn far more from the "process" then the "product".

        And Paul is right of course. Great marketing often trumps a mediocre product...whereas the best product no one knows about seldom sells.


        xxx Vegas Vince
        Legend.
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        • Profile picture of the author Paul Myers
          Roger,

          Very good summary.

          In Why Johnny Can't Sell, I defined it as:
          Sales process: The sequence of planned steps leading from your prospect's exposure to your first message to their decision regarding your desired action.
          That is, of course, just the initial sale. But it's enough to make the point for the OP.

          As you can see from that link (40+ pages), detailed explanations can take some time.


          Paul
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          Stop by Paul's Pub - my little hangout on Facebook.

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          • Profile picture of the author ExRat
            Hi Paul,

            So in very simple terms, it's not just about having a great product, you also need to have prospects' eyeballs and when you have them you need to sell the product to them (convert)?

            Perhaps 'effective selling process' is slightly more descriptive, as some people might associate 'sales process' with the necessary functions that occur just after payment to actually get the product into the buyer's hands, such as payment processing, product fulfillment etc.

            Sorry if this seems picky, but I thought you made a great point to the OP and felt it worth further scrutiny for reasons of clarity.
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            Roger Davis

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            • Profile picture of the author Paul Myers
              Roger,

              Very useful clarification. Thank you.


              Paul
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              Stop by Paul's Pub - my little hangout on Facebook.

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      • Profile picture of the author ExRat
        Hi Paul,

        To achieve any real level of success in this business, you need an effective sales process.
        That's interesting. I'd be grateful if you could expand a little on what you mean by an 'effective sales process.'

        In the first instance on face value, one might assume that you are referring to payment processing, product delivery etc. But I would guess that your point actually goes way deeper than this, for example -

        a) effective marketing in order to drive traffic to the offer/opt in opportunities at the outset and in the long term

        b) back-end processes such as follow up email marketing, upselling and cross selling etc

        c) strategic reputation management in order to build trust and therefore increase conversions

        In other words, rather than just the processes that are used to make one sale, I would guess that when you say 'effective sales process' you are in fact mainly referring to everything else involved with a long term business and one that employs leverage wisely?

        Am I correct? If so, I'd be grateful if you could expand on your view of the areas of an effective sales process that are most important, in particular what problems you are referring to and what remedies you would suggest as being most important when you mention -

        I couldn't begin to tell you how many people I've seen over the years who put all their time into creating solid products, only to find themselves desperate and confused when they couldn't get anyone to buy them.
        Thanks.

        Edit - Hello Vince,

        Long time no see.

        Esa montana se movera ;-)
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        Roger Davis

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