eBook as the "core" product

14 replies
I'm wrestling with myself a bit... it seems as though the ebook as the core product you offer in a particular market is a strong place to start. From there, up-selling to seminars, videos, audios etc. would logically follow.

Full disclosure is that I've always been a big fan of Eben Pagan and the business model/approach he developed his dating stuff around. And it all started with an ebook, which is not only good content, but just a strong pillar for which to build a product line from.

What is everyone's opinion on this? Any thoughts/results/perspectives?
#core #ebook #product
  • Profile picture of the author Steve Faber
    That's the model I chose, and I think that many others have proven it to be a sound one to follow. You can repurpose so much of an e-book to use as things like video scripts, blog posts, articles, and pod casts, that it is a great resource to have. You can also repurpose the aforementioned to use as the core of your e-book. Many people have used some combination of the two strategies to form a successful product mix.
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    • Profile picture of the author carraquid
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    • Profile picture of the author TravisVOX
      Originally Posted by opportunitiesaplenty View Post

      That's the model I chose, and I think that many others have proven it to be a sound one to follow. You can repurpose so much of an e-book to use as things like video scripts, blog posts, articles, and pod casts, that it is a great resource to have. You can also repurpose the aforementioned to use as the core of your e-book. Many people have used some combination of the two strategies to form a successful product mix.
      The re-purposing of an ebook is something I hadn't thought too much about, but is very true. Thanks!
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  • I agree that an ebook is a good place to start in many niches. Use that to give away a good answer to a small problem, then you can continue to promote the larger products further down the sale funnel.

    With that said, ebooks aren't the only solution. If you follow the logic that you're only initially giving away the answer to a smaller problem, the presentation mechanism doesn't matter so much. For instance, you could still use a video course, and this will be more appealing to certain sectors of the marketplace to make the initial sale.

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  • Profile picture of the author ShaneRQR
    An ebook is just a medium. One possible vessel for delivering information.

    People consume digital information in all kinds of formats and everyone has their own preferences.

    As some stated above, what matters is the value of the information you provide as well as the positioning of your information and your brand in the marketplace. Whether you're using ebooks, videos, membership sites, webinars or a blog to deliver the information is secondary.

    Having said that, here are a few tips from personal experience:

    - In several surveys I've done, I've seen that a majority of people prefer videos and PDFs (online and downloadable), when it comes to info products.

    - I recommend that you choose media that you are most comfortable with. If you don't like making videos, then don't let the above statement get in the way. If you're better at writing, then concentrate on that and you can do just fine.

    - Webinars seem to have a lower perceived value as a teaching medium, but are fantastic for "hot off the press" material as well as interacting with your audience. o, the promise of webinars as the main product is not that great, but the promise of live webinars as a bonus or the use of webinars for delivering new info and updates works great.
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    • Profile picture of the author TravisVOX
      Originally Posted by ShaneRQR View Post

      Having said that, here are a few tips from personal experience:

      - In several surveys I've done, I've seen that a majority of people prefer videos and PDFs (online and downloadable), when it comes to info products.

      - I recommend that you choose media that you are most comfortable with. If you don't like making videos, then don't let the above statement get in the way. If you're better at writing, then concentrate on that and you can do just fine.

      - Webinars seem to have a lower perceived value as a teaching medium, but are fantastic for "hot off the press" material as well as interacting with your audience. o, the promise of webinars as the main product is not that great, but the promise of live webinars as a bonus or the use of webinars for delivering new info and updates works great.
      This is great stuff, I appreciate this. Interestingly, I would respond to the survey in the same way. Thanks!
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    • Profile picture of the author Andy Fletcher
      Originally Posted by ShaneRQR View Post

      - Webinars seem to have a lower perceived value as a teaching medium, but are fantastic for "hot off the press" material as well as interacting with your audience. o, the promise of webinars as the main product is not that great, but the promise of live webinars as a bonus or the use of webinars for delivering new info and updates works great.
      Webinars have lower perceived value for two reasons -

      - It's something the customer gets in the future, they can't download it right now. (Same reason people think $50 is an expensive physical book if it's got to be shipped/bought from a store but a cheap ebook because they can get it NOW NOW NOW).
      - They have to share it with other people. People want to buy ownership of something whenever possible.

      Webinar as bonus = awesome future value (eg to keep them paying monthly memberships)
      Webinar as product = poor value as they have to wait and then share.
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      • Profile picture of the author TravisVOX
        Originally Posted by Andy Fletcher View Post

        Webinars have lower perceived value for two reasons -

        - It's something the customer gets in the future, they can't download it right now. (Same reason people think $50 is an expensive physical book if it's got to be shipped/bought from a store but a cheap ebook because they can get it NOW NOW NOW).
        - They have to share it with other people. People want to buy ownership of something whenever possible.

        Webinar as bonus = awesome future value (eg to keep them paying monthly memberships)
        Webinar as product = poor value as they have to wait and then share.
        This is really interesting, and it makes sense. Immediacy plays a role in the perception of value... a large reason why PDF downloads can sell for high dollar amounts.
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      • Profile picture of the author ShaneRQR
        Originally Posted by Andy Fletcher View Post

        Webinars have lower perceived value for two reasons -

        - It's something the customer gets in the future, they can't download it right now. (Same reason people think $50 is an expensive physical book if it's got to be shipped/bought from a store but a cheap ebook because they can get it NOW NOW NOW).
        - They have to share it with other people. People want to buy ownership of something whenever possible.

        Webinar as bonus = awesome future value (eg to keep them paying monthly memberships)
        Webinar as product = poor value as they have to wait and then share.
        That's a really good explanation! I'd never thought of the "sharing" factor before, but you're absolutely right.

        And if I can add a little tip onto that: When you start out with webinars, you'll most likely be using the smallest GoToWebinar package that limits you to 100 attendees (GTW is the most popular choice and I can highly recommend it).

        Use this to your advantage and advertise that the webinar is limited to 100 people.
        Scarcity = increased perceived value.
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  • Profile picture of the author RaptorGabe
    I always start with a good solid eBook (PDF format) with a extra surprise eBook or my favorite a Video Training with a upsell at the end. Although webinars are considered "less" value by some markets, I like a good webinar to provide good free training. Good luck
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  • Profile picture of the author jasonmorgan
    I'm wrestling with myself a bit... it seems as though the ebook as the core product you offer in a particular market is a strong place to start. From there, up-selling to seminars, videos, audios etc. would logically follow.
    Sounds like you've already figured it out.

    Rope in your customers and follow-up with more offers.
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  • Profile picture of the author Marculi_the_Ghost
    I want to second the idea that a well-written eBook is a great tool and gives you the opportunity to reuse the information for other media formats.

    With some reworking of the eBook it can be converted to audio-books, articles, slide shows, podcast episodes, even quick social media messages giving you maximum exposure and widening your marketing funnel.

    This method of broadcasting your message also gives you more ways to generate and build interest leading up to your upsell. Yep, definitely give people a choice of how they will consume your information.

    -Mark
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    • Profile picture of the author SteveFinch
      I too believe a well planned and written ebook is the best format to start out with. Once that's done, you can create videos and other products far more easily, by referring to the ebook. The video would end up being well organized, and easy to follow.

      It's the route I normally prefer to use.

      All the best
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  • Profile picture of the author fated82
    I almost always start with an ebook or a report....that will help me get the type of target audience I want and easier to follow up with another set of ebooks....

    start with a couple of reports or ebook and move them higher to the sales process....
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  • Profile picture of the author rcritchett
    I'm totally aligned with this. Something else that has worked magnificently for me is to host free live phone conferences ( Free Conference Call Services for Conference Calls - Free Conference Calling ) and at the end of the conference, drop a line or two about your E-book. This is a very great way to get back to the HUMAN SIDE of things. When people hear your voice, it's a lot different than reading your text! Great thread, E-books are a great "core!"
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