Extremely Limited Offers Section

by Administrator 101 replies
134
Just had an idea and wanted to run it by you..

What do you think about an "Extremely Limited Offers" section?

Offers that could:

1. Only be run for up to 5 days then it goes into unmoderated status. Member can choose the time. 1 day, 2 days, 3 days...etc up to 5 days max.

2. Offer could only be run ONCE for the same product. You couldn't run a limited offer for a product for 5 days and then run the same thing 5 days later.

3. Thread Prefixes would be required. The prefixes would be something like 1 Day Offer, 2 Day Offer, 3 Day Offer...etc.. whatever yours is.

Everyone knows what a "limited time" offer can do in terms of sales.

And I could make the section popular very quickly by running board wide notices about it.

I'm not saying I will do this, just thinking, and wondering if it might relieve some of the pressure off the main WSO section.

Any interest?
#main internet marketing discussion forum #extremely #limited #offers #section
  • I like it. I like it A LOT!



    The inaugural one could be the prelude to you increasing the price of the War Room.

    That dog will hunt!!!
  • Allen,
    I think it is a great idea. Would be perfect for those presale before launch deals etc. Could really be used to capitalize and boost sales for products. Another one for the I like it alot group.

    Sylvia
  • Great. Go for it.
    • [1] reply
    • Two Thumbs Up Allen!
  • Yes Allen, Go for it.

    George Wright
  • Another thumbs up from here!
    • [1] reply
  • Roll out the barrel baby!
  • I think this is a great idea.
  • How much would it cost?
    • [1] reply
    • Sounds like a fun idea.

      Would it require special WSO type pricing, or any pricing
      such as in the classified ad section?

      How would repeat ads be prevented?... word of mouth
      by other warriors? moderators?

      Just brainstorming here.

      Brian
  • Allen - would love it, use it and pay to use it!
  • It's an EXCELLENT idea!
    • [1] reply
    • Sounds like a great idea Allen.
      • [1] reply
  • I'll kick in another vote for this. This sounds like a really great idea and I already have something in mind that would work very well with this.
  • By the description I assume it would only be for products, not services. A graphic artist might want to run a 5 day offer for banners, but by the rules, would never be able to run the offer again. Once he has run through all his services he is done. He can no longer use the ELO section.

    It would be nice if the section (WsO's too really ) would not allow extended characters in the subject line. It makes the section look like a circus in my opinion.
    • [2] replies
    • Whoa, I just noticed that the Warriors for Hire and Classifieds have been made into sub-forums in the WSO forum! Looks like maybe this ELO forum is going to appear soon?

      Wendy

    • Hmm, I was thinking more along the lines of a limited qty of a new product being sold at a very low price, or a limited run of very exclusive PLR - not necessarily services. I can see how using it for services would be limiting for the provider.

      Well I definitely agree about the weird characters, hope those are left in the dust.

      Wendy
      • [1] reply
  • Allen,

    Yeah, I like the idea - good thinking!

    It would relieve the normal WSO section and maybe slow the pace down some, plus make room for the better deals. Doing something like this could also bring the "Special offer" back into the forum.

    To be honest with you, the first thought I had after reading your post was that I hope you would draw some boundaries as to what can be offered in that forum, not just change the amount of time an offer can be changed.

    Other than that, I'm good to go with it.


    Mary
    • [1] reply
    • How about a forum with moderator-approved products? It would be an elite forum where we know there is great stuff and only great stuff.

      Paul
      • [ 8 ] Thanks
  • sounds like a great idea!
  • I think this is a great idea.
    • [1] reply
    • If the WSO is only for say, 1 day - the price would have to be something a lot less than the current price of $20 I would think.

      That's the first thought.

      A 1 day sale may not be the best because of time differences across the globe - some people are awake when the WSO is first put up there - others have just gone to bed for 8 hours, and could miss the ending of it.

      That's the second thought.

      If the 1 day sale could be advertised in advance by the seller in some other part of the forum to alert people to the fact - it would help with time differences a lot.

      That's the third thought.

      If they are truly unique products only - then go for it.

      That's the last thought!
      • [1] reply
  • A section like this will be awesome for those who like
    to release limited products.

    I've just posted a limited WSO about 3 hours ago. I would've
    definitely released it in the ELO section if it was available.

    Many warriors would be pleased with this section I'm sure.
  • I think it's an interesting concept - I like it.

    I like the idea of really emphasizing scarcity by not allowing the offer to be made again, ever. Although, I admit I'd be wary of that, too. If I put together a limited qty product and they don't all sell out within the 1/3/5 day time frame, then I have to eat that potential profit.

    On the other hand, if some of the offers are pulled out of the main WSO area, maybe that will increase visibility and sales in all subsections. That would be a good thing.

    I know Paul's suggestion of 'moderator approved' products could be a challenge to implement, but boy-howdy would it rock! Not sure how to set up a fair, comprehensive system to determine what products get a 'moderator approval', but I'll bet those that did would definitely sell.

    Interesting suggestion. I'll be watching all the sections while I prepare my WSO.

    Cindy
    • [ 1 ] Thanks
  • I think it's a brilliant concept Allen.

    Moderated scarcity.

    That way people will know for certain it's a limited offer, and not the stunts some marketers are pulling.

    If you're looking into this, you should also check for a way to moderate quantity and not only time. Like some sort of script that will cross check sales using an API.

    It would make that new section amazing, you could do either limited quantity, limited time, or both at the same time.
    • [ 1 ] Thanks
  • wow i like idea.

    tony dean and daniel molano had some good points and ideas.
    If i used the section i probably wouldnt ever use 1day.
    5 days would provide enough exposure and time for people to purchase.

    limited quantity is an excellent idea.
    I've been contemplating doing a plr wso which would be quantity limited.

    Q:
    Would the section cost $20?
    Maybe scale the cost according to time limits?
    $10 for 1 day,$15 for 3days $20 for 5 OR Reverse it. (depends-there could be many IM'ers using 1 day limits becuase that's extreme scarcity..I really don't know).
    • [1] reply
    • I think people are underestimating the potential power of this concept. Personally, I'd expect it to cost quite a bit more than a WSO. Regardless of the length someone chooses to run it.

      As a matter of fact, with the right offer, the more scarce it is the better it ought to perform.
      • [1] reply
  • So how did that Nike slogan go? Just do it, man. Just do it.

    MorganRichman
  • I am in. Lets do it. I would say set the price at a higher price point. At the very least $47 and I would like to see $97.

    I would say the same for the normal WSO section as well. If you set the price at $97 I think that will cut down on all the crap, and increase revenue, in my opinion.


    Shannon
    • [1] reply
    • Sounds like an excellent idea to me.

      Here is a thought: rather than complicate it by allowing different length offers all jumbled together, make them all a standard length (say 5 days) and put new listings at the bottom so they would rise to the top as they age. Then as each listing reaches its 5 day limit, it would float off the top.

      That way the higher listings would have the greatest urgency.

      I also agree that banning the use of non-standard characters in the main WSO forum would make that place a lot eaier to use.

      Martin
      • [ 8 ] Thanks
      • [5] replies
  • I think it's a great idea.

    Also, if as per Paul's idea, the products were moderator approved, it would be even more awesome!
    • [ 1 ] Thanks
  • Is it live yet?

    AWESOME idea.... As usual Allen!
  • Sounds like a good plan to me

    Cant believe people are already thinking about cost of it lol ... I mean really is $20 too much to put your offer in front of warriors here even if only for 1 day ??!!

    If you dont have the faith that your product will sell in that time then either advertise it longer or not at all ( does this mean your product isnt good enough ?? )

    Great idea, I say go for it !!

    Dean
  • I completely disagree. I think it's a dumb
    idea to consult about starting an Extremely
    Limited Offer Section.

    You're just wasting time Allen.

    Get on and get it done! ;-)

    John
    • [ 1 ] Thanks
  • Allen, wonderful idea.

    I think services and products could be sold this way.

    I would expect to pay a premium for this service, and/or a % of the income to Allen as he would almost act as an affiliate. I would even suggest (if it's not too much of a nightmare to do) Allen takes the sales and gives the seller a % back after the 5 days.

    Personally, I would like it to be a fixed number of days, say 5 days only. That gives us all time to see the offers regardless of time zones.

    I hate limited offers which are for a few hours, and they tend to be in the small hours over here in the Far East.

    If someone did a limited offer here for 5 days, could they then sell it outside. Let's say a product/service is going to cost $97 and for 5 days you can get it for $47, could they then sell it outside for the full price or would that not be keeping with the idea.
  • If there would be a section like that, I'd run my offer there for 5 days, but that would be all the business you get from me
    It's just that I don't come up with new products every other day.

    nice idea thou.

    Chris
  • It's a great idea - except for the part where I whine like a baby after missing out on a really killer "limited offer", since it can't be reposted.

    Calvin
  • Allen,

    Does an extremely limited offer include limited offers because of member counts? Lets say we have an offer for only x people. Will we be able to post it there? Or maybe you may devide it into two parts, Member limited offers, Time limited offers. Just an idea..

    Alican
  • Sounds like a plan cause my WSO dropped to the 3rd page in about 16 hours
  • As long as it really would be an active board (since as you pointed out yesterday, some DP sub-boards are dead) then I'm all for it.

    Could make a lot of sense.

    Plus in some ways quite a lot of the "more serious" WSOs may go there since as discussed yesterday it does seem like some of the newer WSOs are just re-packaged stuff to gain a quick buck as per the advise of a CB product somewhere.

    I'm all for t it anyway I'm hoping to launch a good quality WSO/virtual book within the next few weeks so would be all for anything which makes it easier for good quality WSOs to sell :p
    • [1] reply
    • LOL, I just realized that admin does not get "war room member" title under his name.

      Just a thought, can we add a subforum "I need a review" that is only available to war room members?

      I enjoy being a guinea pig sometimes and to know where to look to try things in particular would be helpful. It would be nice to know as well if I wanted to submit something to get reviewed it would be reviewed by someone who takes their membership here seriously.

      Just a thought.
      • [ 1 ] Thanks
      • [1] reply
  • I really believe if you do this it needs to be at a considerably higher price. I would say $97 would be a fair number, but we all know you like to under value and over deliver :-)

    So, I would be excited to see $47.

    Talk soon,

    Shannon
    • [ 1 ] Thanks
  • Allen, I believe it's a good idea.

    I also like other members' ideas such as:

    * Higher barrier to entry
    * Fixed number of days, e.g. 5 days
    * Last in first out (oldest entries appear at the top and then float off)

    Just do it, please.
    • [ 1 ] Thanks
  • If you've never listed a WSO, you don't have a dog in this fight. Also, A higher price to list won't do anything for the quality of products being listed it will just mean the person that posts the WSO has xxx money to throw around.

    I hope the new sub forum will have higher standards to list a WSO not just a higher price. Things like you must have XXX amount of thanks, XXX amount of posts, etc...

    Hopefully, we can resolve some of the guru garbage effect that's happening now and ruining the WSO forum.

    Right now the only standard to listing a WSO is becoming a War Rom member.
    • [ 3 ] Thanks
    • [3] replies
    • Allen -

      Would this apply to Limited Amount Offers as well. Like my latest WSO offering a laptop with a limit of 20 buyers - would that fall into the limited offer section or is it just a limit on time?

      Tim
    • I agree with many of your points. There seems to be an uptick in the number of members who 'drive-by' post just so they can take advantage of the WSO area. I'm thrilled Allen is addressing that (and always has). But...

      Saying I 'don't have a dog in this fight' if I haven't yet posted a WSO doesn't wash.

      First, I'm a consumer, so anything that affects overall quality of what's available in the WSO area is important to me.

      Second, during my time here, I've watched the WSO section and I'm taking it all in. I'm not expert by any means, but I'd like to think I know one or two things about marketing at this point.

      Just because I chose to create my own sites first to build my business and didn't jump right in and start selling things immediately here doesn't preclude my from expressing my opinions/observations.

      I am currently working on my first WSO. Since these discussions will directly impact how/where/why I post that first WSO, I'm paying strict attention.

      I love most of the points you made. I'm just not going to sit on the sidelines and be quiet based on not having my WSO up yet.

      Cindy
    • I second what MarkH45 pointed out. A higher price for listing is pretty much OKEY but then if you can find a way to have better quality, that would be best.
      • [ 2 ] Thanks
  • My wallet will bleed badly if this happens =)
  • I got tired of posting a WSO and watching it fly off the main page within 1 day. I feel this will help fragment the "really" good limited offers from the good, repeating offers we see all the time while allowing longer time on page 1.

    But...as the best say...only testing can answer the question.
  • Yes, I think this would separate the WSO offers from the Warrior Special Stores.

    -Ray Edwards
  • [DELETED]
    • [1] reply
    • I can get on board with that.

      Cindy
  • It would work well I think. Thumbs up for this new section.
  • I think this is an idea with great potential. I disagree with a significantly higher price. This has become more of a global community and for some of the members here a higher price might leave them out. Remember, not everyone pays in US dollars here.

    RoD
    • [ 1 ] Thanks
    • [1] reply
    • I suspect the sheer visibility this forum will receive will trump any extra fees and make it a very valuable investment.

      Some people will have their eyes glued to the ELOS section for the next great deal.
      • [2] replies
  • YouTube - Do it! Do it! Do it!
  • Wonderful idea -- it seems like everyone is pretty excited about it. It definitely gets the marketing blood boiling thinking of the great offers that will be available, and that we can make available
  • I love it. I'd love to see a combination of some points raised too:

    1 - I love Martins 'float to the top' idea.

    2 - Like Johns 'moderator approved' idea too - there's way too much crap getting thrown up as special to warriors which is just created solely to try and sell in the forum.

    3 - Higher price sounds good too - for the same reason, if this literally just had like we used to have in the WSO section, where you knew everything offered was worth looking at, it would make me want to see what was there in case I missed a great offer. If you're running ads pointing people to that section, a higher price is warranted anyway.

    4 - I agree about using one timeframe of 5 days too - 1 day isn't enough for people in different time-zones to see something.

    I like the idea and my only concern with it would be that it didn't just become another wso section overflowing with very un-special special offers.

    If you can do it in a way that is manageable for you - go for it.

    And Kudos for address our wishes and even contemplating this.

    Andy
    • [ 1 ] Thanks
    • [1] reply
    • I see a lot of Senior warriors wishing the price for posting a WSO would go up. I have seen a real emergence of class warfare here on Warrior Forum over the past couple of months. There have been a few threads and posts bashing newbies in the general forum.

      I dont get the high price listing. If some one lists a WSO and bumps it 4 times, they just spent $100. Why is that not enough for the senior members? Raising the price is just a way to eliminate marketers with a lower marketing budget, and reduces the number of WSO's for the more senior warriors.

      That is a great way to solidify the "in crowd" mentality that is trying to rear its head in the WF. Just because some one has a smaller marketing budget doesnt mean their product is in anyway inferior to marketers with a higher budget.

      I dont care what changes are made, I am just voicing the opposition so we contemplate all sides to an argument.
      • [1] reply
  • This is a great idea.
    Is the new section going to be exclusive to war room members only?
  • Hi George,

    Agreed. I did say raise the price, but I don't say it lightly or because I don't appreciate how much harder it is to get for some than others, literally from the perspective of what seems to work as far as addressing the downsides that we see.

    As you know yourself, so much value comes through this forum that it's amazing really that anyone would feel they need anything more than this forum to be successful.

    So, however Allen addresses it - my personal perspective is that many people come here and get bogged down by the amount of information and anything we can do to focus people on the good stuff and start turning a few hopefuls into success stories - the better.

    It's difficult to show so many people where to get the best stuff when the places they have contain so much detracting material.

    A 'special' offer forum is a great idea and even better the fewer things that are there to stand out from the crowd.

    Many people focus a lot on the money and the price of things and the limitations such things pose, but it should really only be a very temporary problem as long as they can find the right information here and choose how they want to create their success.

    Andy
    • [ 1 ] Thanks
  • I think it would be a great feature!

    Bill
    • [1] reply
    • Some thoughts in general...

      I love the idea. Especially with Martin's suggested modification, if that's not a tough tech issue. That adds a lot.

      To the people suggesting that a higher price point will keep out some folks, I have a thought: Trying NOT to keep folks out is why the WSO forum has so many crap offers. You complain about the problem, and then the solution. You want ridiculous stuff like moderator review of products or whatever before approving a WSO, as if the few people who qualify have the time to do it, and/or the expertise in ALL those fields.

      To the gentleman who suggested that this is all getting too complicated... Discussions are messy. That doesn't mean the result of them must also be so. Brainstorming always yields a ton of ideas that don't get used. It's the gems that do that make it worthwhile.

      Wait and see the finished product before you decide about the process.

      Personal opinions, which may (obviously) be ignored at will:

      Limit the people who can post ELOs, based on time as a member, and number of posts. That doesn't create the incentive to make a bunch of nonsense posts, since they'll all get deleted before any reasonable time frame can be met. That should be pointed out in the rules for that forum.

      Suggested numbers: 3 months, 150 posts.

      Yes, I know. I'm being elitist. Damned skippy I am. There should be some perqs that are restricted to people who contribute, and this isn't particularly onerous.

      My REAL preference would be 6 months, 300 posts, and 30 thank you's from established members. The latter would be a pain to check, though.

      Price it at $47 or more. If someone is good enough to be posting in a forum for serious offers, that's not an outrageous fee. Nothing keeping them out of the regular WSO forum if that's too much.

      Should be hosted on your own domain, which is NOT "privacy protected." Increases the odds that you are dealing with the person you think you're dealing with.

      That's enough for now. It's Friday evening. Things to see and people to do.


      Paul
      • [ 11 ] Thanks
  • I love the idea...this is win-win-win for all Warriors... =)

    John
  • im all for the idea, sounds great
  • I think that this has a ton of potential, a wonderful idea.
  • When it comes to being an "elitist" or trying to keep the small people out I disagree. Here is why...

    If you are posting an offer on this forum, a Marketing Forum, you should have the money to pay the higher fee, or you should not be posting an offer here. If you can not afford $97 in advertising you do not have the right to teach marketing to other business owners and marketers.

    OK, OK, I here your next objection and I have an answer...

    What about the new person who does not make American dollars that is trying to start out by providing a service? Well, Allen as already addressed that issue and I believe it is free. It is the Work For Hire sub forum.

    That person needs to bust their butt and put the work in to earn the extra cash. It is as simple as that.


    Shannon
    • [ 1 ] Thanks
    • [3] replies
    • Shannon,There are lots of things people offer in WSOs that aren't teaching anyone to market. Site design, content development, graphics, programming, etc. And these are the folks who are least likely to be any good at sales copy, generally speaking.

      Combine weak copy with the confusion and chaos that WSO subject lines have become, and you're looking at lower than deserved returns on some very good products and services. That is one of the biggest reasons for my objection to the littering of subject lines with nonsense and garbage to distract people.


      Paul
      • [ 4 ] Thanks
      • [1] reply
    • Hi Shannon,

      I disagree with a few of your points.

      Not all WSOs of value are about making money. There's scripts that automate, graphics packages, info on specific parts of marketing that aren't all-inclusive, and more.

      Also, it's possible someone is busting their butt and making money...But they have relatives in trouble, health bills, been hacked, etc.

      While Allen deserves a lot of credit for WSOs, a good WSO also benefits this forum and its members. Good WSOs bring traffic and offer members deals and ideas they won't get anywhere else. A good WSO is a win/win for both sides.
      • [ 1 ] Thanks
    • That sounds reasonable, however, there are marketers who could come in here and laugh at that $97 and say, "Hey you should charge $997 and even more."

      I'm not objecting to anything Allen would charge, $20, $47, $97 or whatever for the exposure we get here will be a bargain. I'm just saying "our" reasons for what we would like to be charged will all differ depending on our personal circumstances.

      There are Warriors who don't make a dime on IM and can afford any price charged because they have other sources, from a credit card or Mom and Dad or a full time job. Being able to pay $100 has no relationship at all to the value of their product. This is where buyer smarts kicks in. Whether the Limited Offer section is $20 or $200 the price we pay may or may not have anything to do with the value of our product.

      And what Paul said EDIT: And what Kurt said

      Minor point here but the Warrior for hire section is a very reasonable $20.

      George Wright
      • [ 1 ] Thanks
  • The higher pricing isn't about stopping newbies posting their offer, it is being practical and following the norm of many other sites.

    If you sell on eBay, you have your standard price, and then you pay more for a featured listing, and the list goes on. The clue is you pay for these added features.

    Why should a new area not charge more for the extra benefits a warrior is going to get?
    • [ 1 ] Thanks

  • May I suggest a simpler solution?

    Make WSOs "pay per day".

    I *know* my WSO will be OFF the page tomorrow - but can buy my way back in.

    Winners will stay.

    Maybe an index of how good a WSO is will be how long it's been around - which can be visible under the post (like "This is Day 5")

    If required, set a "maximum" number of days per WSO.

    And/or a "maximum number of WSOs per day" to make sure all fit on one page?!

    Just my 2 cents.

    Dr.Mani
  • ok, good idea. but i was thinking, is it possible to just do it and after 5days the product is gone.
    what if someone did not logged in within those 5days. what do you think
  • Uff, I'm late to the party... but I wanted to throw my "yes, great idea" vote into the mix. I also liked Martin's suggestion of expiring offers at the top of the pile as well as Paul's "elitist" suggestions.

    Great idea, Allen... and great brainstorming/discussion everyone else.

    Cheers,
    Becky
    • [ 1 ] Thanks
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