$7, 77, 777, thousands? Why I WOULD pay if I feel products WILL help me.

by astaga
9 replies
Originally Posted by 76deville View Post

Just because it's offered on the Internet does not automatically make a product worthy of a hyper-inflated price tag. If most IM ebooks were published and distributed through Barnes and Noble, etc., they probably wouldn't sell for more than about $29.95. (And Amazon would have them discounted down to $21.97, then pretty soon they'd start showing up on Half.com for $0.01).

But don't let me get started on a rant here... ;-)
*** Note to moderators: I formulated a response to above post but the time I hit submit, the original thread was not found. Grrr... If it had been removed, I understand, but wanted to make my point. Thanks, if you need to remove, I understand. ***

After reading this, your point is???

(a) Success is measured by your mindset and the worth you assign to your time. Period. No rant needed.

Some folks would gladly pay more to discover/learn something that would help them become better, be more productive, or solve a problem they have. How much more? Depends on what they value their time to be worth.

Pay peanuts, get monkeys.
Does that mean all products are worth their asking price? Only YOU can answer that.
How much is your time worth?

Conversely, just because any product is offered on the Internet for free or cheaply does not also neccessarily or automatically make it worth any less. Substance and content counts.

How do we tell what works and doesn't work? Through experience.
What's experience? Learning from mistakes, and trying not to repeat them.
Same for product purchases, whatever the price. Some have guarantees.
What price threshold do I have - well that is the question each of us must answer - see point (a) above.
#777 #feel #pay #products #thousands
  • Profile picture of the author ic7
    Good points. People say that they can find all the information they need online and so they don't need to pay for a product. But what about speed? Your time is worth money. If someone puts together a bunch of good research from experience, that's worth the price to me.

    Paul
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    • Profile picture of the author Iamkassi
      Banned
      [DELETED]
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      • Profile picture of the author CDarklock
        Originally Posted by Iamkassi View Post

        At barnes and noble all you have is the back of the book.
        Um... no. I almost always make a choice by reading the front, the back, the inside jacket, the first five to ten pages, and a randomly selected five to ten pages in the middle. So that's about 5-10% of the entire product I sample before buying.
        Signature
        "The Golden Town is the Golden Town no longer. They have sold their pillars for brass and their temples for money, they have made coins out of their golden doors. It is become a dark town full of trouble, there is no ease in its streets, beauty has left it and the old songs are gone." - Lord Dunsany, The Messengers
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    • Profile picture of the author John Atkins
      ic7 (Paul).... You couldn't have said it better!

      I agree with the OP

      If you do some extensive searching, you can find almost anything for free.

      However, a lot of people forget about the old well known saying:

      "Time is Money"

      If you think it through, it's 100% right?



      Scenario


      Question:

      How long did it take you to find that particular information?

      Answer:

      5 hours





      Question:

      How much is the e-book with that particular information being sold?

      Answer:

      $10



      Let's say that you earn $10 an hour.

      You spent 5 hours searching for that info... that's $50 loss mate. Instead of searching for that information, you could've earned money.

      If you bought the e-book instead, you would've only lost $10.


      End of Scenario

      __________________________________________________ _


      Sometimes it's worth it to buy an e-book while sometimes it's not...

      Just do your homework & you'll figure it out
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      • Profile picture of the author ic7
        Originally Posted by IM Headlines View Post

        Let's say that you earn $10 an hour.

        You spent 5 hours searching for that info... that's $50 loss mate. Instead of searching for that information, you could've earned money.

        If you bought the e-book instead, you would've only lost $10.

        Really good formula. Totally agree. "Money likes speed."


        Paul
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  • Profile picture of the author malcasid
    I knew this was referring to the other thread when I saw the title.

    Anyway, its really more about value than price.
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  • Great response IM Headlines!

    I totally agree with you. You also have to think about the people who search, and never find the answer on their own - and who still do not buy the product. So, they just give up altogether and never make a dime. Those are the people I feel bad for.
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  • Profile picture of the author Goatboy
    Not a fair comparison. Fiction books and general how-to books that are marketed to large audiences are sold for $20.00. But not all books are sold that way. Books with limited circulation are usually quite a bit more expensive. Right now I'm buying college books on eBay because I can't afford the $150 Amazon new book price.
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  • Profile picture of the author summerm
    many people promote thinking about your time as being equivalent to money. if you aren't making money, guess what-- your time isn't equivalent to money. not yet anyway.

    we all have limited time and in some cases it's best to maximize your time by doing the "expensive" tasks yourself and paying others to do the cheaper stuff. but the fact is, if you are paying someone else, you are investing more money into your business. you aren't "saving" money... you are spending it.

    money and time are not equivalent. maybe it's useful to some people to think of them as being equivalent. but to others, think of it this way: you have a set amount of time and a set amount of money-- these are different resources you must allocate in the most optimized way you can.

    so when you spend money, realize you are investing more money into your business-- don't think you are "saving" money, because you are not. you are spending money. saving time, yes, to use more efficiently to get your business to take off.

    just an idea expressed in a longwinded way. hope it's useful to someone.
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  • Profile picture of the author Matt Bard
    Let's not forget about the experience and knowledge of the person putting the information together.

    As we know, there is a lot of garbage on the Internet and just going out and putting together a few pages of gathered information does not make it well thought out research or advice from someone who knows the difference between good information and crap.

    If someone wanted free and quick information regarding the different skills among Warriors would it matter to you if you got that information from someone who has been a member here for years or someone who just joined today.

    Who you get your free information from is more important than where in my opinion.
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