Would You Pay $1000 For This!?

61 replies
Hey Warriors...

I have been thinking lately about value and how to best deliver all that your buyer expects and more. Most of my online income doesn't rely on selling at all, so I don't think about this too often.

Anyway, what I am wondering is this: What would you pay $1000 for right now?

I don't mean "If you had a $1000 would you buy X or Y?" I mean, if this product/service/etc came along, you would spend $1000 on it instantly.

Now, if you don't have $1000 to spend - perfect! What would make you beg, borrow or work for it to get it?

What do you say?

Mike

PS: Now, I am sure we all would buy a brand new 5000 sqft house for $1000 if it became available, but I am not looking for answers like that. (sorry all you jokers! :p)
#pay
  • Profile picture of the author Andy
    Mike,

    For my money you already stated the best answer:

    "Most of my online income doesn't rely on selling at all"

    How do you manage THAT?

    God bless,

    Andy
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    • Profile picture of the author MikeLantz
      Originally Posted by Andy View Post

      For my money you already stated the best answer:

      "Most of my online income doesn't rely on selling at all"

      How do you manage THAT?
      Fair enough, Andy!

      I should make that a bit more clear: I generally do not sell products/services to the users that visit my websites. I mostly rely on advertising revenue.

      Obviously, there is persuasion and good marketing involved, just not selling directly to others.

      Hope that clears it up a bit!

      Now, back to the question. Anyone else have some thoughts on this one yet?

      Mike
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      • Profile picture of the author Glenn Leader
        I would invest $1000 in a system that allowed me direct access
        to top marketers who are lining up to JV with me and help launch
        my products out to the great masses.

        HTH

        Glenn
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        • Profile picture of the author milan
          Originally Posted by Glenn Leader View Post

          I would invest $1000 in a system that allowed me direct access
          to top marketers who are lining up to JV with me and help launch
          my products out to the great masses.

          HTH

          Glenn
          He said no joking please.
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          • Profile picture of the author Glenn Leader
            Originally Posted by milan View Post

            He said no joking please.
            If I had a product that'll make us both
            a lot of money, it'll be taken seriously

            Glenn
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            • Profile picture of the author Brian Tayler
              I'd want access to Michael Phelps for a day to help shoot some instructional swimming videos for a new niche swimming site
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              • Profile picture of the author MikeLantz
                Originally Posted by Brian Tayler View Post

                I'd want access to Michael Phelps for a day to help shoot some instructional swimming videos for a new niche swimming site
                Interesting idea. And you would pay $1000 instantly if someone could deliver this for you?

                Experts and celebrities are certainly worth a lot to your business, as they definitely catch the attention of the masses.

                Great suggestion.

                Mike
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                • Profile picture of the author Lance K
                  A high quality mastermind group.
                  Signature
                  "You can have everything in life you want if you will just help enough other people get what they want."
                  ~ Zig Ziglar
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                  • Profile picture of the author MikeLantz
                    Originally Posted by lakading View Post

                    A high quality mastermind group.
                    Care to elaborate? I am curious as to what you mean by "high quality".

                    Also, what do you feel like you are paying for when you join a mastermind group?

                    Mike
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                    • Profile picture of the author Lance K
                      Originally Posted by MikeLantz View Post

                      Care to elaborate? I am curious as to what you mean by "high quality".

                      Also, what do you feel like you are paying for when you join a mastermind group?

                      Mike
                      By "high quality" I mean a group of like minded people who are COMMITTED (not just involved) to ensuring the growth and success of each member of the group.


                      This would be accomplished by helping all members to...
                      • Get and stay focused
                      • Be accountable
                      • Brainstorm business building opportunities
                      • Develop solutions to main obstacles in their business
                      A regular meeting time would be agreed upon and attendance and participation would be expected by all. At each meeting there could be 1 or 2 members put through a "hot seat" type analysis. Members would also share their test results and metrics so the rest of the group could adapt those findings to their own business and/or "enlighten" that member on where there is room for improvement.

                      That's all I can think of right now off the top of my head. I'll edit later if I think of more.
                      Signature
                      "You can have everything in life you want if you will just help enough other people get what they want."
                      ~ Zig Ziglar
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                      • Profile picture of the author MikeLantz
                        Originally Posted by lakading View Post

                        By "high quality" I mean a group of like minded people who are COMMITED (not just involved) to ensuring the growth and success of each member of the group.
                        That sounds great - exactly what a mastermind group should be like.

                        But... You say you are willing to pay $1000 for this. Who are you paying? What are you really paying for?

                        I am questioning this because I am very curious. If everyone is committed to each others success, who is getting paid the money and what is it being used for?

                        Now, I am familiar with mastermind groups and the "gurus" (for lack of a better word) charging for them. I am just looking for some discussion on this.

                        Thanks!

                        Mike
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                        • Profile picture of the author Lance K
                          Originally Posted by MikeLantz View Post

                          That sounds great - exactly what a mastermind group should be like.

                          But... You say you are willing to pay $1000 for this. Who are you paying? What are you really paying for?

                          I am questioning this because I am very curious. If everyone is committed to each others success, who is getting paid the money and what is it being used for?

                          Now, I am familiar with mastermind groups and the "gurus" (for lack of a better word) charging for them. I am just looking for some discussion on this.

                          Thanks!

                          Mike
                          All the money could be paid to an agreed upon charity for all I care. I just want the price tag to ensure the group is committed. Or the money can be pooled and awarded to the one person (or a charity of their choosing) the rest of the group votes to be the "MVP" after 12 months. I don't know. Good question though.
                          Signature
                          "You can have everything in life you want if you will just help enough other people get what they want."
                          ~ Zig Ziglar
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                          • Profile picture of the author naruq
                            I would Invest $1,000 in a Solid Information Internet Marketing product with Lifetime Reprint rights.
                            Signature

                            Please do not use affiliate links in signatures

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                            • Wow! What an INTERESTING thread, on SO MANY levels!

                              First, kudos to Mike Lantz - what better way come up with ideas for high-ticket products than to ask, exactly how he asked: What would make you beg, borrow, or work for $1000 to buy?

                              Second, the points brought out and what they say. The obvious "I'd pay $1000 for something that made me $2000" - although that sparks some interesting thoughts.

                              Then the issues of "rehashed info". I disagree that 'everything' is rehashed info in one way or another. In fact one way to a product that readily justifies that sort of high-ticket price tag would be legitimately new, unique ideas. One that comes to mind just as an example is Clicktale - a script & service: you place their javascript snippet on your webpage, and it tracks the page, creating a screen-capture movie that you play back showing how users interacted with your page, their mouse movements, clicks, etc. It's a 'self-contained' usability-testing tool.

                              And third is the thought-process it's sparked for me: what would I pay that for, and what products might I build?

                              Just to answer those, I would pay that kind of money for quite a few products. One just off the top of my head would be a "cradle-to-grave" Adsense tool. It would:

                              Create a constantly updated list of high payout keywords grouped thematically similar to Spyfu;
                              Have an export function which would then allow me to provide keyword lists to my article freelancers;
                              Take my resulting articles as input and automatically create a template-based Adsense-optimized silo site;
                              Automatically submit each page to Digg, OnlyWire, etc.
                              Spin the source page - original article - and auto-submit them to multiple article directories;
                              Track the traffic and ad clicks, automatically optimizing ad types & placement over time;
                              Output analytics reports that would allow me continually add payout-optimized content.

                              I would pay $1000 for that tool tomorrow. Why? It would make me a lot of money by optimizing, improving, and automating what I do already, allowing me to radically multiply output without having to expend a comparable amount of time and resources.

                              In reality, a tool like that could probably be BUILT at Rentacoder for less than $1000 - and there are a lot of people who would then be willing to buy it for $999!

                              I can think of quite a few "application" products for which I'd pay a grand or more. Interestingly, they all actually translate into the "pay $1000 to make $2000" class.

                              Lastly, that comment about Phelps gave me a light-bulb moment, which I'll share because I have sooo much going on already, I'll probably never get to them.

                              The idea is, taking advantage of those monster-name-recognition opportunities if you can't actually "get" that name.

                              Here's a quick-and-dirty example using Mike Phelps. As mentioned, obviously if you could create a product that leveraged his extraordinary achievements, it'd be worth gold - literally! But without a million bucks, none of us are going to get his time or endorsement.

                              HOWEVER, and this is the 'rough idea' that would need a lot of finessing, you COULD leverage him in another way. We'll use "swimming instruction" just as an example.

                              What about creating a very polished swimming instruction product. Doing what would be fairly easy research to determine some interesting, unique tidbits about Phelps, such as how he trains, what gear he favors, what his diet is like, etc.

                              Now you create your sales message to reference these fair-use tidbits, i.e. "...based on the Gold Medal Winning diet of Michael Phelps...", with "...using our 'Gold-Medal' technique based on extensive study of Olympic Champion Michael Phelps..."

                              Again, not fully thought through, but the idea is, there are many ways to leverage something like that, without directly having "it", while not infringing on trademarks, etc.

                              Whew, I'm exhausted...!

                              Mark
                              Signature
                              = = = = COMPLETE, CUSTOM ADSENSE SITE = = = =
                              VERY Limited WSO. 100% Guaranteed.

                              MY Expertise, YOUR Profit.
                              Read the thread.
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                              • Profile picture of the author mrmcd
                                Originally Posted by internetmarketer99 View Post

                                Wow! What an INTERESTING thread, on SO MANY levels!

                                First, kudos to Mike Lantz - what better way come up with ideas for high-ticket products than to ask, exactly how he asked: What would make you beg, borrow, or work for $1000 to buy?

                                Second, the points brought out and what they say. The obvious "I'd pay $1000 for something that made me $2000" - although that sparks some interesting thoughts.

                                Then the issues of "rehashed info". I disagree that 'everything' is rehashed info in one way or another. In fact one way to a product that readily justifies that sort of high-ticket price tag would be legitimately new, unique ideas. One that comes to mind just as an example is Clicktale - a script & service: you place their javascript snippet on your webpage, and it tracks the page, creating a screen-capture movie that you play back showing how users interacted with your page, their mouse movements, clicks, etc. It's a 'self-contained' usability-testing tool.

                                And third is the thought-process it's sparked for me: what would I pay that for, and what products might I build?

                                Just to answer those, I would pay that kind of money for quite a few products. One just off the top of my head would be a "cradle-to-grave" Adsense tool. It would:

                                Create a constantly updated list of high payout keywords grouped thematically similar to Spyfu;
                                Have an export function which would then allow me to provide keyword lists to my article freelancers;
                                Take my resulting articles as input and automatically create a template-based Adsense-optimized silo site;
                                Automatically submit each page to Digg, OnlyWire, etc.
                                Spin the source page - original article - and auto-submit them to multiple article directories;
                                Track the traffic and ad clicks, automatically optimizing ad types & placement over time;
                                Output analytics reports that would allow me continually add payout-optimized content.

                                I would pay $1000 for that tool tomorrow. Why? It would make me a lot of money by optimizing, improving, and automating what I do already, allowing me to radically multiply output without having to expend a comparable amount of time and resources.

                                In reality, a tool like that could probably be BUILT at Rentacoder for less than $1000 - and there are a lot of people who would then be willing to buy it for $999!

                                I can think of quite a few "application" products for which I'd pay a grand or more. Interestingly, they all actually translate into the "pay $1000 to make $2000" class.

                                Lastly, that comment about Phelps gave me a light-bulb moment, which I'll share because I have sooo much going on already, I'll probably never get to them.

                                The idea is, taking advantage of those monster-name-recognition opportunities if you can't actually "get" that name.

                                Here's a quick-and-dirty example using Mike Phelps. As mentioned, obviously if you could create a product that leveraged his extraordinary achievements, it'd be worth gold - literally! But without a million bucks, none of us are going to get his time or endorsement.

                                HOWEVER, and this is the 'rough idea' that would need a lot of finessing, you COULD leverage him in another way. We'll use "swimming instruction" just as an example.

                                What about creating a very polished swimming instruction product. Doing what would be fairly easy research to determine some interesting, unique tidbits about Phelps, such as how he trains, what gear he favors, what his diet is like, etc.

                                Now you create your sales message to reference these fair-use tidbits, i.e. "...based on the Gold Medal Winning diet of Michael Phelps...", with "...using our 'Gold-Medal' technique based on extensive study of Olympic Champion Michael Phelps..."

                                Again, not fully thought through, but the idea is, there are many ways to leverage something like that, without directly having "it", while not infringing on trademarks, etc.

                                Whew, I'm exhausted...!

                                Mark

                                That's going in my swipe file, htanks!!
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                • Profile picture of the author Brian Tayler
                  Originally Posted by MikeLantz View Post

                  Interesting idea. And you would pay $1000 instantly if someone could deliver this for you?

                  Experts and celebrities are certainly worth a lot to your business, as they definitely catch the attention of the masses.

                  Great suggestion.

                  Mike
                  Actually my answer was a half-joke. But yes, given the celebrity status... he is worth $100,000+ per/half-hour easily. And yes, I'd pay it in a heartbeat. I know I'd make a return on my money 10 times even with a suck-ass product.

                  So I guess you could say that anyone with an amount of celebrity status (even that of a "guru" or even a well-known poster on here) would be worth some dough. Some (not all) worth $1,000 for a phone interview.

                  Would I pay $1,000 for an hour interview with Willie, Frank, John, Mike, or Mani? Sure. Even if the interview was crap... it'd sell more than my $1,000 investment easily.

                  -Brian
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                  • Profile picture of the author mrmcd
                    Originally Posted by Brian Tayler View Post

                    Would I pay $1,000 for an hour interview with Willie, Frank, John, Mike, or Mani? Sure. Even if the interview was crap... it'd sell more than my $1,000 investment easily.

                    Yep, You'd make a profit with even a wso!
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                    • Profile picture of the author mrmcd
                      Originally Posted by grandstar View Post

                      I will use it for a banner ad campaign.
                      are you feeling ok?
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                      • Profile picture of the author Andyhenry
                        Hi Mike,

                        I regularly spend $1000 for stuff online.

                        Some of the things are:

                        1 - have software created for me
                        2 - Sales copy written
                        4 - information products written/created
                        5 - graphics
                        6 - software tools
                        7 - outsourcing of tasks
                        8 - mastermind groups/memberships
                        9 - marketing/psychology courses

                        I suppose in short - anything that saves me a decent amount of time and can get a project moving quickly.

                        Heck - I gave a fellow warrior $1000 once just for making a good post that helped others.

                        Value is in the eye of the beholder. From some of the answers you've had, it seems that some people have very high expectations of what to expect for $1000. My expectations are simpler - if it saves me enough time or I can see how it will support my efforts and have a clear path to more revenue - it's a no-brainer.

                        But lots of things are worth $1000 to me, so I can't just name one thing.

                        Andy
                        Signature

                        nothing to see here.

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              • Profile picture of the author Christie Love
                Originally Posted by Brian Tayler View Post

                I'd want access to Michael Phelps for a day to help shoot some instructional swimming videos for a new niche swimming site
                Michael Phelps is the BOMB!!!!!

                I would fly my mentor to So Cal to mentor me face-to-face or face-to-computer-to-face.
                Signature
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                • Profile picture of the author Dan Grossman
                  I'd spend $1000 on anything I felt very confident would result in my earning at least $2000 in 6 months. A website with $300-400 in monthly revenue, that has stable natural traffic and customers that aren't tied to the current owners, for example. Or an advertisement I knew would result in at least $2000 in sales.

                  I don't buy "systems" or "businesses in a box"... you'll only continue to serve the gullible and uninformed with marketing words like those.
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                  Improvely: Built to track, test and optimize your marketing.

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                  • Profile picture of the author Chris Cavalli
                    Simple.

                    Parnter with others who are in on major media buys and buy quality traffic.

                    I'm not talking about AdWords here.. AdWords are for Kids.

                    I'm talking about Media Buys that get you Targeted Traffic.

                    I'm talking about Media Buys that get you people WANTING your product.

                    I'm talking about Media Buys where you only pay under $0.05 for each of these visitors.

                    That is the wonderful world of Media Buying *WHEN* you have the connections.

                    Usually the minimum buys are $5,000

                    Getting a package for $1,000 could be possible, but hard to find.
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                    • Profile picture of the author Dan Grossman
                      Originally Posted by Chris Cavalli View Post

                      I'm not talking about AdWords here.. AdWords are for Kids.
                      Kids and marketers that want to reach people in the act of searching for what they offer... I'm sure all the fortune 100 companies' marketing departments are run by kids.
                      Signature
                      Improvely: Built to track, test and optimize your marketing.

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                      • Profile picture of the author Chris Cavalli
                        Dan.

                        It was a joke :-)
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                        • Profile picture of the author MikeLantz
                          Sorry, I lost track of this thread for a few days. There are some great responses here!

                          I will try and go through and sum up all the ideas expressed here and add them to the top of thread. I believe the information in this thread can help many people.

                          Remember, it is not really harder to sell a $1000 than a $50 product, we just need to know what our prospect is looking for and give it to them.

                          Any more ideas?

                          Mike
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                          • Profile picture of the author Ivelin2008
                            Unfortunately, it's not that simple..

                            Because even if you knew what your prospects want it may be impossible for you to produce it.

                            I think you're not asking the right question.. you should find out what your prospects biggest problem is and what is their perfect solution. And then make a product which is as close to that as possible. And this is the hard part.

                            You know what all internet marketers want - make more money with no more work.
                            Obviously, they will pay you 1000$ for a product or service they believe will make them at least 2 times more than that easily and guranteed. So first you have to come up with such a product and then you have to make them believe enough in you and your product/service to buy it. So I think that's pretty hard.. but still doable. And it's what the top internet marketers do and charge even more..

                            But anyway I am still a newbie so I may not know what i'm talking about.

                            p.s. More specific product: information product in a package form..(with all the dvds, books, ebooks, reports, transcripts, ebooks, fast guides etc.) If you have knowledge, information that can make people lots of money, if you're willing to share it, if you can proove it and sell people on it then you can charge 1000$ for it. It's the same with a service.. I don't see what else can you sell to IMs. With a service you just have to get creative and find some subniche.
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                              • Profile picture of the author MikeLantz
                                Originally Posted by Simplweb View Post

                                Mike, how come your sig links are not working?
                                They seem to be working fine for me. What is happening for you?

                                Mike
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                                • Profile picture of the author Simplweb
                                  Originally Posted by MikeLantz View Post

                                  They seem to be working fine for me. What is happening for you?
                                  Mike
                                  Server not found
                                  Firefox can't find the server at WarriorPlus.
                                  FF and IE, windows XP
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                                • Profile picture of the author kevin campbelle
                                  Originally Posted by MikeLantz View Post

                                  They seem to be working fine for me. What is happening for you?

                                  Mike
                                  I seem to be unable to view your site as well for like 2 weeks now. I'm getting page not found and this seems to be the only site I'm getting this with as I'm having no problems viewing other sites. I tried both firefox and explorer.

                                  Kevin.
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                                  • Profile picture of the author Nicholas Ho
                                    Simple, I would pay for personal coaching if it cost that much.
                                    Plus, I would pay that much if anyone can drive me insane amount of quality traffic, as said by Andrew, such as Ezines.
                                    That could bring me sales =)

                                    -Nicholas Ho
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                                    • Profile picture of the author Midas3 Consulting
                                      Personal coaching on Adwords from somebody who has successfully made money on products outside of the realm of IM.
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                              • Profile picture of the author gareth
                                You know i have become jaded with buying IM products totally.

                                What i want now is services.

                                I would spend $1000 on decent traffic, good content etc.

                                This may apply to other markets too.
                                Signature

                                Gareth M Thomas
                                Serial Entrepreneur
                                Auckland, New Zealand

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                              • Profile picture of the author AndrewCavanagh
                                Something guaranteed to make me over $1,200 in front end digital sales in the first 1-7 days without any extra work would do it (for example a solo ad in an ezine with proven results).

                                Or a hands off business or website already making over $1,000 a month in net profit.

                                The effort required is the key here.

                                If I could make back the money without putting in any extra work and it was a genuine legitimate verifiable offer with a reasonably certain return then I'd be happy to spend the money.

                                Kindest regards,
                                Andrew Cavanagh
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                              • Profile picture of the author 2bwealthy
                                a biz in a box would be ideal..something can get you a few hundread a month but with some intructions/training that can let you play with it to get the income potential higher. this way there's a learning element to it.
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              • Profile picture of the author AndrewCavanagh
                Originally Posted by Brian Tayler View Post

                I'd want access to Michael Phelps for a day to help shoot some instructional swimming videos for a new niche swimming site
                You may not need that.

                I've been involved in creating instructional videos for sport and it was actually not too difficult to get permission to use footage from the olympics completely free (we got permission to use any footage we wanted from the whole olympics in one sport).

                From memory they gave us some kind of maximum limit but it wasn't very restrictive.

                You just have to ask for permission in many cases.

                You could then cut out appropriate bits of Michael Phelps olympic victories and overlay your own voice instructions.

                Kindest regards,
                Andrew Cavanagh
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      • Profile picture of the author milan
        I would spend $1000 instantly on something that can bring me more than $1000 in a short amount of time.

        Obviously, I would have to be convinced with a proof that this would work for myself.

        Is that the kind of answer you were looking for?
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        • Profile picture of the author MikeLantz
          Originally Posted by Brandon Tanner

          I would want a complete "business in a box". Perhaps a package that included...
          Always a nice way to spend your money, on a complete solution. Great suggestion!

          Originally Posted by Glenn Leader

          I would invest $1000 in a system that allowed me direct access to top marketers who are lining up to JV with me and help launch my products out to the great masses.
          There are websites out there that are designed for doing JVs. Do these services not deliver on what you want?

          A great suggestion, though, and would definitely be a good way to spend $1000.

          Originally Posted by milan View Post

          I would spend $1000 instantly on something that can bring me more than $1000 in a short amount of time.
          There are quite a bit of offers out there that promise things like that. It is hard to know if they will deliver, and in many cases, they do not.

          Now, obviously part of any business relationship is "doing your part", so in a case like this, there is probably something that the buyer needs to do, and many failures come because the buyer does not do their part.

          Anyway, in general I am looking for things a bit more specific.

          Thanks for your answers so far, everyone. Great insights. I hope this thread can be helpful for many Warriors.

          Mike
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  • Profile picture of the author Brandon Tanner
    I would want a complete "business in a box". Perhaps a package that included...

    * The creation of a handful of niche websites and several quality SEO'd "review" articles for each site, with affiliate links to quality products
    * Several extra articles and manual submission to article directories, blogs, etc., all pointing back to the niche sites
    * Some social networking
    * Maybe a good autoresponder series for each of the niche sites
    * And if I have any money left, a good video or 2 and manual submission to the top video sharing sites

    I would definitely pay $1000 for something like that, if it was from a trusted source.

    That's just the first thing that came to mind. I'm sure I could think of several ways to spend a grand ( - :
    Signature

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    • Profile picture of the author dbh
      Originally Posted by Brandon Tanner View Post

      I would want a complete "business in a box". Perhaps a package that included...

      * The creation of a handful of niche websites and several quality SEO'd "review" articles for each site, with affiliate links to quality products
      * Several extra articles and manual submission to article directories, blogs, etc., all pointing back to the niche sites
      * Some social networking
      * Maybe a good autoresponder series for each of the niche sites
      * And if I have any money left, a good video or 2 and manual submission to the top video sharing sites

      I would definitely pay $1000 for something like that, if it was from a trusted source.

      That's just the first thing that came to mind. I'm sure I could think of several ways to spend a grand ( - :
      Couldn't have said it better. On a related note, just how many IM products are out there of which you are aware that cost at least $1k? Are they selling?

      - Darrell
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    • Profile picture of the author Bruce Wedding
      Originally Posted by Brandon Tanner View Post

      I would want a complete "business in a box". Perhaps a package that included...

      * The creation of a handful of niche websites and several quality SEO'd "review" articles for each site, with affiliate links to quality products
      * Several extra articles and manual submission to article directories, blogs, etc., all pointing back to the niche sites
      * Some social networking
      * Maybe a good autoresponder series for each of the niche sites
      * And if I have any money left, a good video or 2 and manual submission to the top video sharing sites

      I would definitely pay $1000 for something like that, if it was from a trusted source.

      That's just the first thing that came to mind. I'm sure I could think of several ways to spend a grand ( - :
      What is this, a setup? Thanks, Mike and Brandon
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      • Profile picture of the author MikeLantz
        Originally Posted by Bruce Wedding View Post

        What is this, a setup? Thanks, Mike and Brandon
        Are you posting to blatantly point out your signature file!?

        Shame on you! Didn't you read Steven's thread?

        Mike
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  • Profile picture of the author Sam Rodrigo
    Originally Posted by MikeLantz View Post

    Hey Warriors...

    I have been thinking lately about value and how to best deliver all that your buyer expects and more. Most of my online income doesn't rely on selling at all, so I don't think about this too often.

    Anyway, what I am wondering is this: What would you pay $1000 for right now?

    I don't mean "If you had a $1000 would you buy X or Y?" I mean, if this product/service/etc came along, you would spend $1000 on it instantly.

    Now, if you don't have $1000 to spend - perfect! What would make you beg, borrow or work for it to get it?

    What do you say?

    Mike

    PS: Now, I am sure we all would buy a brand new 5000 sqft house for $1000 if it became available, but I am not looking for answers like that. (sorry all you jokers! :p)

    HI Mike,
    First I'd double check to make sure you had a *real product* -- not just rehashed information that one can find for free.

    Then you might be able to take me to the next step...

    Sam
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    • Profile picture of the author MikeLantz
      Originally Posted by Sam Rodrigo View Post

      First I'd double check to make sure you had a *real product* -- not just rehashed information that one can find for free.
      Interesting point. But, isn't all information somewhat rehashed and available for free somewhere else? I think we often pay for this "free" information being packaged nicely for us in an easy-to-digest fashion.

      The thing that interests me most about your comment though is that you are the first person to really mention a "product" in this thread.

      As well all know, there are "home-study" courses and such out there that sell for $1000+, but no one has really mentioned them in this thread as something they would pay $1000 for. Why do you think that is?

      Personally, I think that most of us would not think of these "courses" as something we want to spend our money on. We get *sold* on them, yes, but that is not the same thing...

      Thoughts?

      Mike
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  • Profile picture of the author mrmcd
    Originally Posted by MikeLantz View Post

    Hey Warriors...

    I have been thinking lately about value and how to best deliver all that your buyer expects and more. Most of my online income doesn't rely on selling at all, so I don't think about this too often.

    Anyway, what I am wondering is this: What would you pay $1000 for right now?

    I don't mean "If you had a $1000 would you buy X or Y?" I mean, if this product/service/etc came along, you would spend $1000 on it instantly.

    Now, if you don't have $1000 to spend - perfect! What would make you beg, borrow or work for it to get it?

    What do you say?

    Mike

    PS: Now, I am sure we all would buy a brand new 5000 sqft house for $1000 if it became available, but I am not looking for answers like that. (sorry all you jokers! :p)

    Smart guy Mike, I wanted to start that tread. But thanks, good info here!
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    • Profile picture of the author mrmcd
      Sorry Mike, I forgot to answer your question...

      I would pay $1000 for something that was going to generate me $1001.
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      • Profile picture of the author Lance K
        Originally Posted by mrmcd View Post

        Sorry Mike, I forgot to answer your question...

        I would pay $1000 for something that was going to generate me $1001.
        A 0.1% return?

        Feeling ambitious are we? :p
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        • Profile picture of the author Anita Ashland
          Coaching with John Carlton.

          Also, like Lance said, a high-quality mastermind group.
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          • Profile picture of the author Joshua.Taylor
            I think I'd pay $1,000 for a system that taught - step-by-step - how to make a steady income on the net. Of course, there would have to proof that even the most common idiot (like myself) could actually follow these steps and see results. There'd also have to be a guarantee that takes away any risk. Hmmm, what else... How about access to the creator of the system for a little one-on-one review. Well, that's just my thought about this...
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            • Profile picture of the author Lance K
              Originally Posted by Joshua.Taylor View Post

              I think I'd pay $1,000 for a system that taught - step-by-step - how to make a steady income on the net. Of course, there would have to proof that even the most common idiot (like myself) could actually follow these steps and see results. There'd also have to be a guarantee that takes away any risk. Hmmm, what else... How about access to the creator of the system for a little one-on-one review. Well, that's just my thought about this...
              And how about a hammer that pops out and clocks you upside the head if you don't follow the plan and do so in a timely manner?
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              • Profile picture of the author SeanIM
                Originally Posted by lakading View Post

                And how about a hammer that pops out and clocks you upside the head if you don't follow the plan and do so in a timely manner?
                haha that's awesome...


                Hammer Head Coaching...get some on ya.

                -S
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                • Profile picture of the author Chris Monty
                  Yes, $1,000 is not really that much. I've spent that on my projects before.

                  For newbies, they would probably want a 'business in a box' that is scalable and where the instructions are clear. Chance of failure would have to be pretty small with such a price tag.
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  • Profile picture of the author peteinoz
    Originally Posted by MikeLantz View Post

    Hey Warriors...

    I have been thinking lately about value and how to best deliver all that your buyer expects and more. Most of my online income doesn't rely on selling at all, so I don't think about this too often.

    Anyway, what I am wondering is this: What would you pay $1000 for right now?

    I don't mean "If you had a $1000 would you buy X or Y?" I mean, if this product/service/etc came along, you would spend $1000 on it instantly.

    Now, if you don't have $1000 to spend - perfect! What would make you beg, borrow or work for it to get it?

    What do you say?

    Mike

    PS: Now, I am sure we all would buy a brand new 5000 sqft house for $1000 if it became available, but I am not looking for answers like that. (sorry all you jokers! :p)

    Im not sure if this answers your question or not..


    I just spent $3k in an instant.. (well acutally a depost on this product and then a another 1/2 as the project developed., so Ive paid close to 2 3rds already)


    why? the quality of the example product I was shown just blew me away..

    Plus I had excellent personal contact with the owner of the company.

    So I have confidence in the product to be created, plus confidence in the person delivering it..

    hth's

    Pete
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    • Profile picture of the author Fabian Tan
      All the coregistration sources on the Internet tested, with test results and proof of profits from mailing to them.

      Now THAT's one that hasn't been done. I will be a member if a reputable marketer can do something like that.

      Fabian
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      • Profile picture of the author ctutt
        Wow! Thought provoking and inspiring thread! Thanks for the question.

        I've already spent many thousands on hype and promise. I'd spend another for a really good hype/spam filter with built-in reverse viral attack. :-)
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        • Profile picture of the author fred67
          I've thought about this one, and most of us here obviously like to write a bit.

          Now I know a lot of you have access to very large contact lists, so, as a bit of an amateur writer with no way of getting my work 'read' by enough eyes, I guess I must be part of a large niche` that would pay $1,000 to get their work 'read' by the 'right' eyes in enough numbers.

          It would be good to have those of you with specific lists offering to keep putting our books out there until the download rate reached say, 2,000 downloads for $1,000.

          I'm talking about 'giveaway' books here, and not usually internet marketing related. So no affiliate links or commissions, just straight up downloads, all for different E-mail addresses.

          Any takers for that one??

          Pete.

          (Is it transparent that I may have a book in mind sometime soon?)
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          • Profile picture of the author preets
            I would pay $1000 , to a seasoned marketer who can teach me how to market your product step by step. I am ready to work hard to establish my IM biz with the help of it. Also provide me the sources where I can get some products created.
            I am a moron(In IM) but very hard working.
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  • Profile picture of the author Ron Douglas
    Originally Posted by MikeLantz View Post

    Hey Warriors...

    I have been thinking lately about value and how to best deliver all that your buyer expects and more. Most of my online income doesn't rely on selling at all, so I don't think about this too often.

    Anyway, what I am wondering is this: What would you pay $1000 for right now?

    I don't mean "If you had a $1000 would you buy X or Y?" I mean, if this product/service/etc came along, you would spend $1000 on it instantly.

    Now, if you don't have $1000 to spend - perfect! What would make you beg, borrow or work for it to get it?

    What do you say?

    Mike

    PS: Now, I am sure we all would buy a brand new 5000 sqft house for $1000 if it became available, but I am not looking for answers like that. (sorry all you jokers! :p)

    I'd pay $1,000 and a lot more for advertising and targeted traffic.

    I'd also pay lots of money to have someone recruit super affiliates to promote my products.
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    • Profile picture of the author Rob Canyon
      Mike

      Love the question... Here's a thought.

      There's a new commercial on TV in Canada. Where this guy walks into a corner store and sees a Jar of shiny 'Lucky' pennies with a sign on the outside that says $1 each.

      The customer says to the owner what makes them so lucky... The owner says their lucky because the customer found them in his store. The customer relents and buys one anyways.

      Then he turns around and bumps into a hot looking babe of the opposite sex. They drop their magazines... The magazines are the same tropical bird issue and I guess the relationship is off and running.

      Then the store owner takes a marker and scratches off the $1 symbol and overwrites a $2 on the same jar of pennies.

      Moral of the story... People buy things that have a story attached.

      The more prolific the story the more perceived value.

      Cheers,

      Rob
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      • Profile picture of the author Mraz
        Originally Posted by Rob Canyon View Post

        Mike

        Love the question... Here's a thought.

        There's a new commercial on TV in Canada. Where this guy walks into a corner store and sees a Jar of shiny 'Lucky' pennies with a sign on the outside that says $1 each.

        The customer says to the owner what makes them so lucky... The owner says their lucky because the customer found them in his store. The customer relents and buys one anyways.

        Then he turns around and bumps into a hot looking babe of the opposite sex. They drop their magazines... The magazines are the same tropical bird issue and I guess the relationship is off and running.

        Then the store owner takes a marker and scratches off the $1 symbol and overwrites a $2 on the same jar of pennies.

        Moral of the story... People buy things that have a story attached.

        The more prolific the story the more perceived value.

        Cheers,

        Rob
        I don't get the above...is it on youtube by any chance? :p

        What would I pay for $1,000? Things that are valued above $1,000 obviously :p

        A $1,000 "method" that will only get you $1,001 isn't worth your precious, more valuable time

        These days to succeed and make boatload bottomline, people don't follow methods, or ebooks, or wso for that matter. They lead.
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