Please critique my business model
Lifetime membership site - $49
Benefits: Instant access to over 50 videos with information to get you to financial freedom + New videos added (videos will have proper interview lighting, intro/ music, sound, etc)
Each video covers a different topic for beginners through experts. Topics from "What is compound interest and how it affects you" to "Guaranteed methods to save money at the grocery store" to "How to buy a car without paying to much"
USP: Pitch will be focused on providing $49 worth of tips and tricks within each video but you get access to all of them for just a one time payment. I was thinking for the landing page video, reel the customers in with the offer "Three simple steps towards financial freedom." Then tell them what they are but offer how to do them plus 50 other videos, each with $50 worth of tips for just a one time membership of $49.
How did I determine retail price?
I plan to drive traffic with adwords, paying up to $0.39 per click, giving a profit before cc charges, etc, to $10 per sale assuming a 1% conversion rate.
Has anyone done something similar? Is there anything that sounds out of whack?
Thanks for reading, I hope some people with experience could chime in. Every experience matters. My thoughts have culminated to this point and I want to have a reasonably sure chance of success before I invest my time into scripting, shooting and editing the videos. By the way, I am an accountant by trade so the material is near and dear to me and I dabble with web programming on the side so web site development/design/back end wouldn't be an issue either.
First ad I'll test is:
Temporary occupation of some valuable piece of technical real-estate, followed by a negotiated retreat with full coffers
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