A GREAT suggestion for Mike Lantz - What do YOU think about this??

Sounds like a great way to increase refund rates and create a lot of headaches for authors and buyers.

What would be a better option is one click buys or something similar. Warrior plus could setup a buying agreement with you, so you could click buy,they charge your paypal account and you go straight to the download page. Like godaddy, or steam (gaming platform)

Surely this is a joke?

Automating such purchases is one of the stupidest ideas
I've seen.

Putting vendors in charge of your business is like putting
kids in charge of the candy store.

The purchase of business assets, education, materials
and resources should be decision made on the needs of
YOUR business.

Please, quit this silliness and start thinking like business
people.

John

Guess I'm not like you. I would never auto-buy anything except hosting service renewal.

How much marketing stuff do you really need to succeed? Even if an author did have good products, what are the chances that every single thing would apply to your particular business model (or if you could even use it at the exact point in time it was released?).

Sounds like a good way to drain your PP account.

Get yourself familiar with Google search, basics on setting up websites, and doing the SEO dance... problem solved!

- Dean

@John

No joke at all, and allow me to say that you can be sure I'm not only thinking but doing business on a daily basis, and I did quite well so far ;-)

I'm not talking about putting vendors in charge of my business.
I'm talking about allowing "trusted" vendors to provide me with valuable information that I'm happy to pay for.

Do you happen to coach people, maybe on a regular basis? That's other people "auto-buying" your opinion.

Do you have a membership site for info products? That's people auto-buying your content.

Are you a member of a chamber of commerce and get their monthly magazine (paying hundreds, if not thousands a year), just to get the "latest" industry information?
That's you auto-buying information.

So why would it be "stupid" if I say: If I know person X publishes valuable information on a regular basis, and I've had enough opportunities to evaluate this person - then I'm fine with buying his stuff automated?

Of course, there would need to be some measures to prevent selles from scamming auto-buyers - such as limiting the maximum number of "sales" per vendor per month; only allowing trusted vendors with a certain repurtation to opt for "auto-sales"; an option to set maxium price thresholds; etc.

But that's why I started this thread :-)

Greets from Switzerland,
Robert

I think I agree with John Taylor.

No. Just....No.

No offence, but this is a ridiculous idea, it would create way more headaches than benefits.

Sure, you might buy a lot of WSOs on a certain topic like you mention, but do you really want to just "auto buy" a WSO from a totally unknown author, just because it matches with the topic in your settings?

I think that's a little crazy to be honest.

I do however get that you always buy WSOs from certain authors, i think many can attest to doing the same.

How about this then; you simply setup a deal privately with these WSO authors?

approach them via email or PM, and setup a deal. I'm sure most authors would be happy to make a few guaranteed sales on all their upcoming WSOs.

Again, not trying to be nasty, just really couldn't see this working as a reality.

I agree with John as well. Doesn't sound like a very good idea. Why not create and make money instead of all that buying and spending money?

I vote for this one goes back to the drawing board.

Not a great idea, in my opinion.

But nothing wrong with getting it out there!

Interesting idea but I think John Taylor has been the voice of reason on this one.

Lately I've already been buying far too many WSO's - more than I've been able to consume and use - I shudder to think what could happen with an "auto-buy button" - I imagine that would be an extreme wealth hazard...

Hey murokoma,

Thanks for the suggestions and thinking of new ideas. I have to agree with the naysayers on this one, as implementing such a system would be far more trouble than good.

It may at first light look good for sellers, buy where is the upside for buyers? Since buyers can be immediately notified of new WSOs by certain sellers and the WSO of the Day, they already have the opportunity to look at new offers and buy them if they so choose.

So, basically, this system is already in place except for the clicking of the "buy" button, and I think it will stay that way.

I do believe that there are clearly situations where something like this is useful, if there is some sort of club or membership, and I also agree that purchase agreements for one-click buying could be helpful.

I am actually working on some updates to the payment system that will allow for easier purchasing, so keep any eye on that.

Thanks again, I always appreciate comments and ideas, so feel free to keep them coming.

Have a great day Warriors!

Mike

I like it.

I'd add a couple of nuances:

1. The auto-buyer gets a big agreed-upon discount
2. The seller has to qualify - some kind of record of successful WSO's in the past

It's really a win-win for buyer and seller. Seller knows for sure he'll get some dough up front, and buyer knows he'll get a steep discount. I think the pressure will be on the seller to make sure the products have great value, lest he lose his auto buyers.

It would likely be more programming trouble than it is worth to implement, but the board owners could charge a pretty nice fee to offer this, and it would be worth it to the sellers.

I like the thought process Robert has instigated here. A satisfied customer is the easiest sale to make. All salespeople gravitate toward a 'love-em and leave-em' attitude toward past customers. I went back through my sales data over the past 6 months and was pleasantly surprised at how much repeat business I'm actually getting.

Another interesting trend I noticed concerning refund rates: the refund rates for users buying off this forum are MUCH lower than those from my affiliate or who buy straight off my blog.

I think this idea would be a good way to reward loyal customers and help sellers build trust relationships; but, of course, it would likely be heavily abused, like many community-building ideas often are.

Thanks for a good thread, Robert.

Hey Mike,

appreciate your comment, thanks!

Seems like one of the Idea you fall in love with to see that there's no "market" for it - good to know how others think.

Thanks everyone for commenting! :-)
Robert

Interesting idea but I also agree with JT.

I can't imagine ever feeling like auto-buying WSOs would be a good idea.

They're supposed to be 'Special Offers' (hence the SO in WSO) rather than a forum for subscriptions services.

Perhaps there's scope there for a special subscription offers section in this forum for people that offer services, but people who do that are already offering subscription options so I'm not sure there's a need there.

I definitely wouldn't buy all WSO of the days. I rarely buy those at all anyway though.

I can see how a complete newbie might like to follow one particular person but still, it doesn't make sense just to blindly sign up to buy anything that someone releases.

The whole point about buying WSOs is that you should already have a need to fulfill when you see an offer that fills that gap in your business, not just to buy stuff for the sake of it without even looking whether you need it or not.

Even though I have a lot of friends here and there are people who I respect and buy stuff from - I still wouldn't just blindly buy their stuff. I don't have time to make use of it all and I think most people need more focus rather than getting distracted by random new stuff from people.

Andy

Gotta say I'm not feeling this. IF there's warriors knowing that they've already made sales regardless of the quality of the product, there's going to minimal effort going into some WSO's, and people getting ripped off.

Plus, I don't think anyone would use that function anyway lol

Murokama, Perhaps a better idea would be for a sort of, "ALERT" function, where you are notified by PM everytime a certain warrior releases a WSO, or if one pops up in a certain topic?

All the best.