Which buyer list would you rather have?

9 years ago

Probably100 buyers that bought a 100$ product since our prices ranges from 100 to 300$.
But the 1,000 buyers that bought a $10 product is attracting too

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1 reply

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JohnMcCabe 9 years ago

Originally Posted by PPG19

Probably100 buyers that bought a 100$ product since our prices ranges from 100 to 300$.

This makes sense to me. While one would expect to be able to move some percentage of the $10 buyers to higher levels, starting with buyers at your price points might give you easier sales.

On the other hand, if I'm using a basic funnel ($ --> $$ --> $$$) and I know about how many people I typically move up in class, I'll take the list of 1,000 $10 buyers and start them moving through the system.

All of it assumes that the list in question is targeted to my market segments. If I'm an affiliate for Omaha Steaks, a list of vegan product buyers probably isn't going to do me much good at any of the price points.
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yukon

Banned 9 years ago

If I had to pick only one, the $10 list, it's an impulse buy like fiverr junk.

Matter of fact, drop it down to $5 and double the traffic. $5 on it's own is already a proven sales technique (Subway restaurant, Little Caesars Pizza, Arby's 5 for $5, fiverr, etc...).

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aizaku

9 years ago

1,000 buyers that bought a $10 product all day,

$10 was just the entry point into my buyer's list.. im sure i could convert them into buying higher priced items in the future

-Ike Paz

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George Schwab

9 years ago

I go with 10 buyers that bought a $1,000 product

Why?

obviously these guys are serious, not just empty rethoric

once we know each other better, we're both good to do some big things together
what i mean is real business - its not the typical "moving up the ladder" what i mean is
real business. i.e a real business is something i did when coming over here to buy
silver jewelry: i had always about 40k with me to buy stuff, anything less would be
stupid, because i tripled it within 2-3 months. That is the difference between $5 gigs
and some serious guy's business.

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yukon Banned 9 years ago

[DELETED]

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- George Schwab 9 years ago
  
  Originally Posted by yukon
  
  Isn't this the same description as a call girl with issues?
  
  sorry i dont make the connection, maybe you can enlighten us?
  
  p.s. Alberto beat us again:
  
  "imagination is more important than knowledge" - Alberto Zweistein
  
  Thanks
  
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Ole Didriksen

9 years ago

The 10 buyers that bought a $1000 product...

Because the formula for marketing and selling is
the same...

The job selling it is the same... and in some
cases... it's less work... since you just have to get
10 buyers instead of 100.

It's just that is a high ticket product... and framed like
a high ticket product.

The high ticket buyers are out there, and they like to
buy high ticket. The key is the marketing

Best regards from
Ole

Originally Posted by Kurt

I've asked this question here about a decade ago, let's see if anything has changed since....

Which of these buyer email lists would you rather have...

1,000 buyers that bought a $10 product
100 buyers that bought a $100 product
10 buyers that bought a $1,000 product

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George Schwab

9 years ago

Yeah just as Ole said, everything is the same... [it's just less hassles]
I actually think its easier to sell anything to $1000 and up clients, Why?:

I would compare it with "teaching a monkey to talk or think is hard"
while talking to a like minded individual is like talking to a new friend.

But that's a small thing the guys that did offline biz understood a long
time before the internet marketing guys came along, and never really
understood what business or marketing is. So for them its most likely
very hard to comprehend or believe what I talk about here.

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sendizo

9 years ago

100 buyers that bought a $100 product
I dunno why I choose this. but I thought 100 subscribers are easy to mail unlike 1,000 (Just saying lower volume is always better) and would not be very hard to collect, unlike the 10 buyers.

thats how i thought.

Thanks
1 reply

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kIwOk168

9 years ago

Originally Posted by sendizo

100 buyers that bought a $100 product
I dunno why I choose this. but I thought 100 subscribers are easy to mail unlike 1,000 (Just saying lower volume is always better) and would not be very hard to collect, unlike the 10 buyers.

thats how i thought.

I'm with sendizo at 100 buyers that bought a $100 product... From my experience $100 (actually $97) is a tipping point price point. I mean, those who are willing to or have already spent $97 tend to have a very high spending cap. That means it's quite easy to sell them $497, $997, even $1,997 items.

Those who bought $10 products are mostly toe-dippers, and it's likely that their spending tolerance is capped at $47. You'll have to put a lot of effort in order to move them beyond that and there's a big risk that it'll cost you more than your potential gain in sales.

As for the 10 for $1,000, 10 is really not a very stable number of buyers in my opinion. Yes, it takes no effort to sell them impossibly expensive products. But if you lose one or two of them, you would definitely feel the pain.

Just my 2 cents.

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SamNuku

9 years ago

Personally i'd take the 1,000 buyers who bought $10. Why? Lemme explain...

Whilst this is the lowest amount of money the hardest thing to do is to get someone to pull out their credit card & actually buy SOMETHING.

The easiest thing to do, thanks to technological advancements, is to get someone who bought to buy AGAIN.

This means you have 1,000 qualified BUYERS willing to buy.

Also, i lead with a tonne of value. I believe 100% in value based marketing. So what they get for $10 is going to be kick ass. Probably worth $100-200 & in some cases $500-1000 in value.

Delivering such value means that you will get many who are blown away & therefore be more then happy, law of reciprocation, cause & effect, what you reap you shall so, & so on & so forth it basically means one thing: they WILL BUY MORE.

Anyway good luck bud! Take care. #successwithsamii

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George Schwab

9 years ago

good point mate, i like it, actually!

maybe soon i will venture out in the McD sector of things: just a bit more medical

medical?

yes, more medical.

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bdodd43

9 years ago

I would opt for the 10 buyers buying a $1000 product, but of course, the product has to be great and something the list really can benefit from. This is still the requirement selling a 10.00 product to 1,000 people.

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Which buyer list would you rather have?

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