Sell or Give Away to Make More $$$
This is probably gonna sound like a dumb question, but can you make more $$ giving stuff away or selling it?
Let me explain.
I've got a site in the martial arts fitness niche. I've got several (90+ free articles) on my site, and a few products. I have an opt-in with a free 13-page report on the main page. The main page is also where I have the ad copy for my main product - a continuity program, which I've just launched.
To create (to use a Frank Kern line) 'interest & desire' in my product/site/myself, I went about creating another freebie. I've been told on many occasions that I have a way of taking concepts related to working out and putting them into simple, easy to understand language - something everybody 'gets' (esp considering so many trainers in the fitness industry in general try to make themselves sound smart b/c smart = 'worth more' = 'charge more').
Well, I was gonna put together a sort of cliff-notes version of what I knew about training - putting it into simple, easy to understand language.
I sat down to do this yesterday, and after just one section (of at least 7-8 I had planned to write) I had roughly 19 typed pages of single-spaced info. Whoa - that's a lot more than I thought it was going to be.
And then I had an idea that maybe I should just sell the book, and give away a couple chapters.
Basically, my two options (as I see them - please feel free to suggest alternatives):
--write the book, and give the whole thing away. Give it away to my opt-ins, and try to give it to as many other sites that will take it, so that they can, in turn, give it to their lists, use it as free bonus for their products, have it as a free download on their site, etc. This gets me no $$ up front, but turns into honestly one of the best freebies of it's kind available in the niche/industry. This would, in turn, hopefully generate massive amounts of reciprocity and people come to my site to join my continuity program.
(The book tells them all elements of fitness training, and how to do them, but not really how to put them all together. My continuity product is, along with a bunch of freebies, monthly workouts incorporating all the elements of this book.)
--sell the book. Give away say two chapters of the book to whet the appetite for the rest of the book. Then, sell the book as a one time sale, with forced continuity into my 'micro-membership' product (which, of course, they can cancel at any time). As stated above, the book is the intro information, but the continuity gives them the actual workouts to use.
I make more money b/c I now get sales I normally wouldn't get from people who are afraid of the continuity product, but will purchase on a one-time basis. I've also read that forced continuity has a lot more success in terms of signups than people joining a continuity program from the beginning.
(NOTE - my continuity program has a ton of freebies - it's not just the workouts themselves)
Now, I know every situation is different, and that there are 'x-factors' in every scenario, but in a general sense, which of the above scenarios generally results in the most revenue - esp in the short term (as I'm dealing with monthly bill money here - I can't afford for something to take 6 months to develop)?
If I hadn't read some of Frank Kern's stuff that suggests the former was such a good model, I'd just jump straight-away to the latter. But, I'm still a relative noob to IM, too.
All feedback welcome. Thanks.
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