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How much would you pay for this??

by Mark Alexander
5 replies
Hi Guys

I am trying to arrive at a price for my membership site, to do with the stockmarket.

What I am offering is mentoring (via a private forum) in my specialist investing field. I was thinking of something like $100 per year. My question is, would you pay $100 per year to have all your stock market questions answered? Or would you feel that the price of $100 is way to cheap, so therefore it must be no good. There will also be a money back guarantee, that if you don't make money, then why should I take yours!! (I am not offering investment advice )

I am aiming to offer a huge amount of value, for not a huge outlay, mainly set up at helping the little guy. By getting 200 subscribers I would then be able to quit my job, and be able to concentrate full time on my trading, and helping my subscribers.

I would like to here your thoughts on the matter.

Mark.
#pay
  • Profile picture of the author George Wright
    Hi Mark,

    I think you should back your "if you don't make money then why should I take yours," with a trial period.

    For instance $29.95 a month for the first 3 months and then raise the price to what the market will bear.

    Another way would be to offer a couple months of FREE trial. If you really helped your members make money they would want to continue and start paying.

    You could have a free area where you actually helped your free members make money and a paid area where you helped your paying members make REAL MONEY.

    If your members are really making money by using your advice, depending on how much money, price shouldn't even be an issue.

    George Wright
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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 potionchris
    I think your market sounds like a good one to apply the
    Continuity concept on.

    Check out Ryan Deiss' free videos to learn more about
    it if you haven't
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  • Profile picture of the author Mark Alexander
    Thanks for your replies George and Chris.

    Mark.
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  • Profile picture of the author Kyle Tully
    $100 is way too cheap.

    $100 a month would be better.

    Even that is dirt cheap.

    I'd rather 1 student @ $2,000 a month than 240 @ 100 per year. Same money but a HELL of a lot less work.
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