Why Would People Pay When They Can Get It For Free?

by sal64
72 replies
Ok, so many of you will open this thread with the obvious answer, but we'll run with it anyone for the benefit of anyone having a challenge grasping the age old concern: Why would someone buy my product?

The answer is simple - convenience / laziness.

Pure and simple.

We call it the 7/11 theory of marketing... people will pay extra for convenience.

which explains why WSO's are popular on the one hand (convenience)... and why we see the same old thread topics popping up day after day after day... because people are too lazy to use the search function.

There endeth the Sunday Sermon from Sal.

so if you still have doubts that you have nothing of value... fear not. People will pay for information that is available for free... even yours!

#free #pay #people
  • Profile picture of the author tpw
    Trading money to buy time.

    It may be free to get the information, but how long would it take to get that information for free?

    If it takes too long to compile the information, then paying someone who has already compiled the information for me has done me a huge favor, one in which I am willing to pay for.
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    • Profile picture of the author sal64
      I recently heard the comment about haircuts and why people do it themsleves when it only costs a few bucks.

      Well, I still buzz my own head. Why? It's not for the $10... it's the hour+ or so required to get someone to do it.

      Originally Posted by tpw View Post

      Trading money to buy time.

      It may be free to get the information, but how long would it take to get that information for free?

      If it takes too long to compile the information, then paying someone who has already compiled the information for me has done me a huge favor, one in which I am willing to pay for.
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      • Profile picture of the author tpw
        Originally Posted by sal64 View Post

        I recently heard the comment about haircuts and why people do it themsleves when it only costs a few bucks.

        Well, I still buzz my own head. Why? It's not for the $10... it's the hour+ or so required to get someone to do it.

        I just started buzzing my own head last year.
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        • Profile picture of the author sal64
          Originally Posted by tpw View Post

          I just started buzzing my own head last year.
          To be honest, I can't be bothered driving to the mall, waiting in line etc.

          Takes me 3 minutes max, and my 6yo daughter takes off any parts I miss on the back of my head.

          Life is good.

          Sal
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          • Profile picture of the author Folusho Orokunle
            Originally Posted by sal64 View Post

            To be honest, I can't be bothered driving to the mall, waiting in line etc.

            Takes me 3 minutes max, and my 6yo daughter takes off any parts I miss on the back of my head.

            Life is good.

            Sal
            The first 3 years of my online career, I cut my own hair. Now I go to the "barber shop" during the day when there's no wait. I gladly pay $20 for this because he does a better job than I do. So I know how it feels to get it free but since it only takes an hour of my time total, and I can read a book while getting it done, I now pay.
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        • Profile picture of the author Dougn57
          I tried buzzing my own head. I thought it was a fine idea, but I look pretty bad with a buzz cut - back to the barber
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        • Profile picture of the author John Romaine
          Originally Posted by BIG Mike View Post

          Whether you call it laziness or convenience, all I know is the older I get, the less I want to waste time where I don't need to. And it doesn't matter to me what extra costs I incur to save that time.
          Theres a great message here.

          Many people have this "I'll do it myself, and save heaps" mentality.

          What they dont factor in is TIME.

          Doing it yourself might save you money, maybe it wont (because Ive seen a lot of people get things wrong, then have to get help from an experienced professional) but it wont save you time.

          Infact doing things yourself where you're not experienced will take longer, and in the end, probably cost you more than it would have to just "get someone in"
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  • Profile picture of the author TopKat22
    People will pay for things that are free or that they can do for themselves for free for convenience and/or because they think they could pay for that service and spend their time doing what they consider is a more valuable use of their time.
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    • Profile picture of the author Jon Patrick
      In addition to the time required to find the information on your own, there's also the issue of conflicting information. Buying a product from someone who has demonstrated that they know what they're talking about solves both problems.
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  • Profile picture of the author koreancowboy
    What if you're broke? Then free is far more appealing than paying for it, even if it's $7 bucks (which can add up pretty fast)...
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    • Profile picture of the author sal64
      Originally Posted by koreancowboy View Post

      What if you're broke? Then free is far more appealing than paying for it, even if it's $7 bucks (which can add up pretty fast)...
      Of course it is.

      The point is that people will pay for free info if they can for the above reasons.

      Those who can - do.
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    • Profile picture of the author John Romaine
      Originally Posted by koreancowboy View Post

      What if you're broke? Then free is far more appealing than paying for it, even if it's $7 bucks (which can add up pretty fast)...
      Which demonstrates why you are broke.

      Sal, I agree 100%.

      I launched a product just recently and asked for some advice here. I got numerous responses from a lot of people that said "Why would I pay for that when there's dozens of sites offering it for free?"

      That product converts nicely at 2%

      By the way - home haircuts here. Blade 0 since 1997.
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    • Profile picture of the author Benjamin Ehinger
      Originally Posted by sal64 View Post

      Ok, so many of you will open this thread with the obvious answer, but we'll run with it anyone for the benefit of anyone having a challenge grasping the age old concern: Why would someone buy my product?

      The answer is simple - convenience / laziness.

      Pure and simple.

      We call it the 7/11 theory of marketing... people will pay extra for convenience.

      which explains why WSO's are popular on the one hand (convenience)... and why we see the same old thread topics popping up day after day after day... because people are too lazy to use the search function.

      There endeth the Sunday Sermon from Sal.

      so if you still have doubts that you have nothing of value... fear not. People will pay for information that is available for free... even yours!

      Don't forget there are many people that have no idea they can get certain things for free with a little time researching it.

      Originally Posted by tpw View Post

      Trading money to buy time.

      It may be free to get the information, but how long would it take to get that information for free?

      If it takes too long to compile the information, then paying someone who has already compiled the information for me has done me a huge favor, one in which I am willing to pay for.
      Yes. I completely agree and this is a basic business strategy of the very successful. Many will trade money to save time on anything they don't want to or are not good at doing.

      Originally Posted by stevenjacobs View Post

      time is the most important thing you have
      also known as outsourcing
      monet for time
      internet marketing is all about getting more time
      '
      Perfect and short answer.....outsourcing is a great way to leverage money for time and by using it you can actually make more money per unit of time than you do without it.

      Originally Posted by koreancowboy View Post

      What if you're broke? Then free is far more appealing than paying for it, even if it's $7 bucks (which can add up pretty fast)...
      Broke is only a temporary state. Anybody that has $0 dollars to their name can find a way to make a few bucks. Sometimes knowing they can buy a certain guide, ebook, strategy, etc. is the exact motivation they need to go find a way to make a few bucks.

      $7 only adds up fast if you are buying everything under the sun.....of course this happens quite a bit and I have to admit when I first started I spent my fair share of money on things I never used and didn't really need.

      Benjamin Ehinger
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  • Profile picture of the author sal64
    So true. Time is the most valuable finite resource that we have.

    I raised the thread because I find many clients who procrastinate and fail to pull the trigger... of which there are numerous reasons.

    One of them is belief that they do not have something of interest for some one else.

    So hopefully we can change that belief.

    The other example I raise is that people who are passionate about a topic, don't stop at one book / product. So just because there are 101 other products out there... it doesn't mean that there isn't room for yours.

    Kick cyber-ass...make money.

    Sal
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    • Profile picture of the author Sandy Martin
      Originally Posted by sal64 View Post

      So true. Time is the most valuable finite resource that we have.

      I raised the thread because I find many clients who procrastinate and fail to pull the trigger... of which there are numerous reasons.

      One of them is belief that they do not have something of interest for some one else.

      So hopefully we can change that belief.

      The other example I raise is that people who are passionate about a topic, don't stop at one book / product. So just because there are 101 other products out there... it doesn't mean that there isn't room for yours.

      Kick cyber-ass...make money.

      Sal
      You got me here, I still have this mentality of maybe my product has no appeal to anybody. I long been dreaming of creating an ebook but this thought stop me from doing so. I hope I can get enough courage now lol!
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  • Profile picture of the author tpw
    I think I look great bald, but some of my acquaintances swear that I look like I have aids when I am bald. LOL
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  • Profile picture of the author AnthonyKrese
    Time is a huge one.

    Results is another big one. There's a lot of information out there, but it's not necessarily going to put you on a path (or the right path). From my own failures (haha), I've realized it is important to sell a result.

    It's the difference between "300 CSS Lessons" and "Master CSS in Three Weeks".

    People are going to pay to "Master CSS in Three Weeks" but not for "300 CSS Lessons". They can get 300 CSS lessons for free on YouTube.

    Basic marketing...but important!
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  • Profile picture of the author Micah Medina
    It's my experience that people tend to value things they pay for.

    The chances that someone will act effectively on something they pick up for free are pretty low. They're more likely to bounce from freebie to freebie and never actually get anything done. When you put a big chunk of your check on something, you'd better believe you'll actually put the work in.
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  • Profile picture of the author Alex Hilton
    Not all good information is free though. Research takes alot of hard work and people would rather pay to have the info served to them on a platter. So, I guess it's laziness to some extent...
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  • Profile picture of the author drmani
    Originally Posted by sal64 View Post

    The answer is simple - convenience / laziness.

    Pure and simple.
    It is NOT only about time.

    It is ALSO about 'lack of knowledge/information'.

    Many years ago, when I was routinely buying high-ticket items to
    improve my knowledge, I saw a pitch (on Yanik's UG seminar DVD)
    by a 'guru' who went on to sell many 5-figure products.

    Based on what happened in that pitch, I decided not to spend a
    penny on his products.

    Why?

    He was pitching a software that was doing the EXACT same thing as
    a FREE script - which was listed on Amazon.com itself, as one
    of their 'recommended resources' - and this software was meant to
    help niche marketers to build Amazon niche sites!

    It cost some $39. But there was a free alternative that I knew
    about... that he had not mentioned!

    That behavior hasn't changed much.

    Today, I browsed the WSO forum and saw one offer which was almost
    exactly the same thing (there WAS a little value add being given
    over free alternatives, but imho, not enough to justify the price
    tag).

    Still, I'm sure hundreds (if not thousands) will buy it - because
    they DO NOT KNOW that free options exist to do the very same
    thing!

    All success
    Dr.Mani
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  • Profile picture of the author Preben Frenning
    I would say "Hearts Frozen" has the best answer to this.
    Sure, people are lazy, people value their time etc. , but in my opinion it all comes down to the percieved value of the product/service.

    A few examples:
    *If you hire a consultant at $300/hr, you will think he is an expert, and treat everything he says as little pearls. Hence, if a friend of yours who "knows something" says exactly the same in another context, you wouldn't treat it the same way.

    *If you buy a semi-hyped $139 course online about "making money with squidoo in 5 simple steps" vs. downloading a free course with the same steps, you are more likely to take action with the info from the pricey one. - Even if the steps/techniques are quite the same

    *Paying $30 for a haircut makes you feel more confident about the way your hair looks, that if you where to do it yourself. (If not, why would ANYONE bother paying?)
    etcetcetc..

    This is also why some people sell better than others - They are able to increase the percieved value of their products, to the customer they are selling to, making them feel like they are doing a bargain.
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    • Profile picture of the author Webbatron
      Originally Posted by Preben Frenning View Post


      *If you buy a semi-hyped $139 course online about "making money with squidoo in 5 simple steps" vs. downloading a free course with the same steps, you are more likely to take action with the info from the pricey one. - Even if the steps/techniques are quite the same
      Not strictly true all the time.

      You are right if the individual is presented with the two options together-at exactly the same time. The cost will make them feel a level of guilt for not taking some action. A study has shown higher priced gyms in the same area as cheaper versions with similar facilities will have a better member attendance and therefore retention, as the members feel they need to justify the expenditure- It is more complicated than this but this isn't the thread for socio-economics)))

      However if the paid course is available with little effort other than a purchase, or the individual can research for themselves the info for free then the paid course becomes the easy way out, and suggests that the purchaser may be looking for a quick answer. They have little to lose, other than money

      If the individual spent the time researching the info and found a free course, or the information spread over several different sources that they have collated themselves they have invested time and energy-has almost created an emotional attachment to failure in this project, or a sense of satisfaction about saving the money- therefore become much more likely to act on the information.

      The question is however; In reality how does the individual know the info obtained for free is as good as the information that is paid for- which may force them full circle anyway to buy the information just to be sure!!
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  • Profile picture of the author JamieSEO
    Everything always boils down to TIME vs MONEY
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  • Profile picture of the author x3xsolxdierx3x
    I think the internet has evolved so much so that anyone can get just about anything they want for free. Even things that are for sale...if they look hard enough, you have low lives all over the internet who are giving it away for free.

    I really believe that people, now, pay moreso for "access" to brands and personalities. I'm convinced that products need to essentially be extensions of those brands.
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    • Profile picture of the author Jon Patrick
      Originally Posted by Benjamin Ehiger

      Don't forget there are many people that have no idea they can get certain things for free with a little time researching it.
      This is a concept that a lot of marketers aren't familiar with. Many people simply don't know where to find the information they need for free online, or even that the information is there to be found. There is money to be made by putting it right in front of them.

      In leaner times, working as an eBay seller, I have sold information on CD which was freely available on the internet. And there were buyers. Why? Because a person who is searching for something on eBay is a person who does not know where to find it for free.

      So I filled that need and gave them the information they were looking for, information they weren't getting otherwise. And for my time spent finding the information, creating the auction, burning the CD, and shipping their item, I earned a small profit. Just one example of this concept in effect.
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      • Profile picture of the author Benjamin Ehinger
        Originally Posted by burningdrive View Post

        This is a concept that a lot of marketers aren't familiar with. Many people simply don't know where to find the information they need for free online, or even that the information is there to be found. There is money to be made by putting it right in front of them.

        In leaner times, working as an eBay seller, I have sold information on CD which was freely available on the internet. And there were buyers. Why? Because a person who is searching for something on eBay is a person who does not know where to find it for free.

        So I filled that need and gave them the information they were looking for, information they weren't getting otherwise. And for my time spent finding the information, creating the auction, burning the CD, and shipping their item, I earned a small profit. Just one example of this concept in effect.
        This is perfect! EBay is full of buyers and nobody goes to eBay looking for something for free. Thank you for including this information and really driving this point home.

        Benjamin Ehinger
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  • Profile picture of the author Larry Zinamon
    A lot of people will pay for information that is free because they're either too lazy to bother looking it up themselves or they don't want to spend the time.

    If you try hard enough you can almost find anything on the Internet for free. You may not find all the finer details, but you can find the basic information. The question is whether or not a person is willing to spend the time to do it.
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    • Profile picture of the author Alminc
      If you don't advertise on your sales page ' this is the same information that you can find for free on the net', most people will assume it's some kind of very special info that is hard to find for free, simply because they have to pay for it on your site.
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  • Profile picture of the author Chri5123
    I think another BIG reason is marketing...

    Look at body building or diet plans - we all know that if you want to lose weight you just need to eat less and burn off more calories then you are eating and you will lose weight.

    Unless of course there is another reason like a medical condition.

    Same with building muscle - look up the "Marine Corp training program":

    Marine Corps Workouts - Military.com Military Fitness Center

    You follow that EVERY day for six out of 7 days and you will be super fit!

    However marketing comes into it by showing people (in most cases) the benefits before you put the work in...

    Slim Baywatch people getting on great and using exercise equipment without breaking a sweat...

    A guy with an eight pack that says you can have one too in as little as 3 days with this SECRET info...

    the list goes on and on...

    Yes you can find out nearly all of the information for free if you look for it - however the DREAM is what MOST people are looking for and they buy that NOT all of the hard work that goes into achieving that dream.

    Just my 2 pence.

    Chris Jones
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    • Profile picture of the author JohnMcCabe
      It's not always all about time vs. money. Sometimes it's about knowledge vs. data/info.

      A software engineer once said that searching for information on the Internet was like drinking from a fire hose. He was talking about the sheer volume (as opposed to 'shear' volume, which I'll get to in a moment...) of information available.

      He wasn't even addressing the source of the hose water. Was it coming from the water treatment plant or the sewage lagoon? How would you know before it was too late?

      There is so much bogus data/info available that people will happily pay you to filter it for them if you can establish the proper trust level.

      On to 'shear' volume...

      I still go to the shop to get my haircuts, but it has nothing to do with saving either time or money. It has to do with a captive audience.

      Once I settle into the chair and the cloth goes around my neck, I can talk about just about anything I want for at least ten minutes, and the stylist has to listen. Sometimes I get polite noises at appropriate moments; I know those topics, or my approach to them, were not interesting. Sometimes I get real conversation, even getting extra time trimming this and that so as to ask more questions, etc.; I know those topics caught the immediate attention of a relative stranger, most often a total stranger. The same topic may do the same thing online...
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      • Profile picture of the author Robert Puddy
        Originally Posted by JohnMcCabe View Post


        I still go to the shop to get my haircuts, but it has nothing to do with saving either time or money. It has to do with a captive audience.
        I'm very happy to pay a young girl to rest her crotch on my shoulder while she cuts my hair, as a bonus i get to sit there eyes closed as she washes my hair and runs her fingers through my hair which is well worth the tip.

        Moral of the story add value to the experience and then charge more

        PS: If everything online is free how is anyone including you going to make any money from IM?
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        • Profile picture of the author sal64
          Originally Posted by JohnMcCabe View Post


          On to 'shear' volume...

          I still go to the shop to get my haircuts, but it has nothing to do with saving either time or money. It has to do with a captive audience.

          Once I settle into the chair and the cloth goes around my neck, I can talk about just about anything I want for at least ten minutes, and the stylist has to listen. Sometimes I get polite noises at appropriate moments; I know those topics, or my approach to them, were not interesting. Sometimes I get real conversation, even getting extra time trimming this and that so as to ask more questions, etc.; I know those topics caught the immediate attention of a relative stranger, most often a total stranger. The same topic may do the same thing online...
          I am the exact polar opposite. Nothing annoys me more than idle chit chat with some one who doesn't give a fig about my life.

          Originally Posted by Robert Puddy View Post

          I'm very happy to pay a young girl to rest her crotch on my shoulder while she cuts my hair, as a bonus i get to sit there eyes closed as she washes my hair and runs her fingers through my hair which is well worth the tip
          Sadly, some of us no longer have the luxury (hair) of having that done to us.

          These days, I am probably more at home at an auto detailer's garage getting my noggin buffed and polished.
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  • Profile picture of the author Darrell Hagan
    For me it has to do with style and quality as well as useful and valuable information. If something is well written and presented, I'm happy to pay for it rather than searching online because it really does save time. I'm especially pleased if it happens to be a bit entertaining along with being useful.
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    • Profile picture of the author jasonl70
      Originally Posted by koreancowboy View Post

      What if you're broke? Then free is far more appealing than paying for it, even if it's $7 bucks (which can add up pretty fast)...
      Well, I'm a marketer.
      I sell stuff.
      Broke people who can't pay for a solution are NOT my target audience
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  • Profile picture of the author Raydal
    People still leave a 20% tip when they go a eat at a restaurant
    they may never visit again. Why pay the tip?

    Some institutions have seen as much as 30% increase in paid
    membership when they move to a free model, eg. museums.

    So people can behave in strange ways when they think they
    are getting VALUE in return.

    -Ray Edwards
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  • Profile picture of the author Lilach
    Time is money as they say.

    But also it's about buying from an expert who not only has done it but has succeeded.

    Human beings are naturally lazy and if we can buy a product for $20 instead of spending a day researching and collating all the information people will do it.

    And about leaving tips, luckily I live in the UK and we rarely give 20%. In fact if a restaurant adds a 12% tip we moan. 10% is the norm and it's only ever left if the service and food is good!!
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  • Profile picture of the author marcuslim
    Ya agree. This is why $7 products work so well. People will pay for convenience. People will pay for something that might take them a few hours if they have to research themselves. Someone once said that all that info product marketers really do is do research for other people. There is a lot of truth in this actually!
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  • Profile picture of the author Joan Haynes
    I must admit this sounds like a no-brainer but time is something that we can not get back...it is very valuable. If we can delegate or outsource some of our work so we can maximize our time for bigger returns, then it is worth paying for "free information". By the way, all information is free...there is nothing new under the sun.

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  • Profile picture of the author hanakuza
    Some of the stuff I buy can be done really, but it takes so much time and taxing on the brain, like writing articles or press releases. I'd rather pay a little and than to stress myself out
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  • Profile picture of the author Pierce
    If you do the exercise of putting a dollar sign to how much you think your time is worth per hour (look it up if you haven't done it before its pretty helpful), pretty much all of us would say that out time is worth a heck of a lot more than $20/hr. With that being said would you spend $7-$20 on something that will save you a few hours researching? Most people would definitely do this and that is why these low priced info products sell so well.
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    • Profile picture of the author BIG Mike
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      • Profile picture of the author sal64
        Mike, this very same thing crossed my mind, but I wasn't sure how to word it. Thanks ever so much.

        This is a massive trap for the ignorant - to assume that just because they paid for it... it's good stuff.

        Just take a look at some of the authors on Kindle. Just because I wite a book doesn't mean that I am an expert.

        Originally Posted by BIG Mike View Post

        If I did that, I wouldn't be able to allow myself to spend any time in this forum



        This is a HUGE mistake that a lot of people new to IM make, and they end up hurting themselves in the long run.

        I say it's a mistake because a lot of folks take that information contained in a $7 report as "Expert" information and then try to build a revenue stream around it. They lock themselves into a "I was taught to do it this way" approach without keeping an open mind to other, potentially better or alternative methods/information.

        In doing that, they give up the most important aspect of what research is all about, which is acquiring extensive knowledge and expertise. While that $7 might save you a couple of hours of using your brain, you don't realize what you're missing out on.

        It's not about the price or the convenience - it's about the knowledge gained and more importantly, how that knowledge fundamentally contributes to their overall understanding of what it is they're learning and how they can build upon it and apply it in the future.

        I'm not suggesting that people shouldn't buy information...whether at $7 or $700, all information is good. What I am suggesting is that buying information should be the last step in the process, not the first.

        I'm also suggesting that, if you're going to pay for information, then pay those who have some demonstrable expertise on the topic.

        Before I buy anything, first I carefully research the topic. The web certainly makes that easy enough to do these days. The main benefit of doing so it it exposes you to other ideas, alternate methodologies and so forth, that allow you to expand your research into areas you probably hadn't thought of.

        Once I'm confident that I have a solid grasp of the topic, I can then start making informed decisions about what info to buy and what should be avoided.

        During that process, I also tend to learn who the real experts are, which allows me to focus on their products/services rather than those who are posing as experts.
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        • Profile picture of the author JohnMcCabe
          Originally Posted by sal64 View Post

          I am the exact polar opposite. Nothing annoys me more than idle chit chat with some one who doesn't give a fig about my life.
          Sal, you missed my point. For me, it isn't idle chit chat, it's research.

          As I said, as the customer in the chair, I get to pick the topics for our chat. The woman cutting my hair is a captive audience. And she has learned that she can pass the time by asking "so, what do you do?"

          If I get nothing but polite noises in return for my opening lines, I know the topic didn't catch her imagination well enough to engage her. If I get real conversation, though, I know I have a topic that may have mass appeal.

          The same approach works with any 'normal' person, like wait staff, store clerks, etc.

          Obviously, this research isn't comprehensive, but it can give you another perspective.
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          • Profile picture of the author sal64
            Well I have to admit to doing the rounds back in my younger days John. We called it many things, but never market research. That's a good one.

            Next time my wife catches me hitting on the checkout girl... I'll just tell her that I'm doing doing market research.



            Originally Posted by JohnMcCabe View Post

            Sal, you missed my point. For me, it isn't idle chit chat, it's research.

            As I said, as the customer in the chair, I get to pick the topics for our chat. The woman cutting my hair is a captive audience. And she has learned that she can pass the time by asking "so, what do you do?"

            If I get nothing but polite noises in return for my opening lines, I know the topic didn't catch her imagination well enough to engage her. If I get real conversation, though, I know I have a topic that may have mass appeal.

            The same approach works with any 'normal' person, like wait staff, store clerks, etc.

            Obviously, this research isn't comprehensive, but it can give you another perspective.
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  • Profile picture of the author sal64
    Ok...

    So what about belonging?
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  • Profile picture of the author colzinfobiz
    I have been told several times over the last few years that giving your product or service some dollar amount (even if it's $1), makes your offer more appealing to the potential prospect...
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    • Profile picture of the author marketguy
      Nothing in life is free, even death will cost you your life!

      Time is something of extreme value, so sometimes it pays to pay.
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  • Profile picture of the author apolwar
    Originally Posted by sal64 View Post

    Ok, so many of you will open this thread with the obvious answer, but we'll run with it anyone for the benefit of anyone having a challenge grasping the age old concern: Why would someone buy my product?

    The answer is simple - convenience / laziness.

    Pure and simple.

    We call it the 7/11 theory of marketing... people will pay extra for convenience.

    which explains why WSO's are popular on the one hand (convenience)... and why we see the same old thread topics popping up day after day after day... because people are too lazy to use the search function.

    There endeth the Sunday Sermon from Sal.

    so if you still have doubts that you have nothing of value... fear not. People will pay for information that is available for free... even yours!

    Sometimes paying for a service might give the client additional freebies which a free service doesn't or can't give.

    Besides if you have money, you could also to help out the whole economy with paying for services. Its a give and take relationship.
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  • Profile picture of the author Warrior X
    I'm guessing same reasons people buy books, instead of going to the library. Convenience for one.
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    • Profile picture of the author Ben Armstrong
      Why would people go to the supermarket to buy a bag of potatoes when they could just grow them at home?
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      • Profile picture of the author sal64
        Very nice comment. The opportunity to get real results is a major factor. Take note people.

        Originally Posted by AnthonyKrese View Post

        Time is a huge one.

        Results is another big one. There's a lot of information out there, but it's not necessarily going to put you on a path (or the right path). From my own failures (haha), I've realized it is important to sell a result.

        It's the difference between "300 CSS Lessons" and "Master CSS in Three Weeks".

        People are going to pay to "Master CSS in Three Weeks" but not for "300 CSS Lessons". They can get 300 CSS lessons for free on YouTube.

        Basic marketing...but important!
        I've seen many people bounce fom paid product to paid product. But I get your point.

        Originally Posted by Hearts Frozen View Post

        It's my experience that people tend to value things they pay for.

        The chances that someone will act effectively on something they pick up for free are pretty low. They're more likely to bounce from freebie to freebie and never actually get anything done. When you put a big chunk of your check on something, you'd better believe you'll actually put the work in.
        Ah, but this something everyone should use to justify the value of the product... It would take you days if not weeks to gather this much knowledge if you did it yourself etc etc...


        Originally Posted by Alminc View Post

        If you don't advertise on your sales page ' this is the same information that you can find for free on the net', most people will assume it's some kind of very special info that is hard to find for free, simply because they have to pay for it on your site.
        Because they live in an apartment?

        Originally Posted by Ben Armstrong View Post

        Why would people go to the supermarket to buy a bag of potatoes when they could just grow them at home?
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  • Profile picture of the author WriterWahm
    Originally Posted by sal64 View Post

    so if you still have doubts that you have nothing of value... fear not. People will pay for information that is available for free... even yours!

    From reading this thread, there are several reasons why people will buy for free, time and convenience just being a few. It is great for anyone who is starting off with IM...often newbies are afraid to sell or offer anything for money because they feel that what they have to offer is not of much value.
    I guess I also suffered from this for awhile before I wised up. Many others need to hear this so thanks to the OP for starting this thread.
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  • Profile picture of the author dagaul101
    Ofcourse there are always new folks and potentially new customers, who will continue the cycle
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    • Profile picture of the author Courtney Lee
      Interesting observations here.

      The truth is, nothing in the world is 'new.' Our ultimate goal is to create value for the consumer. Steve Jobs was successful selling music for money, subsequent the rise of free file-sharing programs.

      Why did people end up, by-and-large, paying for something that was 'free' online? Perceived convenience, coolness, etc. --all a product of his genius marketing.
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      • Profile picture of the author mstewart
        I just think it is win-win relationship. People pay for something that is available for free maybe out of laziness but maily for convinence and time consuming.In this way, some win time and some win money,both happy!
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    • Profile picture of the author Keith Everett
      I think it's about perceived value.

      If it's free we tend to think it's probably not much good, a paid ebook is treated like a book, but a free ebook is more likely to be viewed as a free booklet - however if there is a cost attached we straight away think it has some value.

      You can go to your local college and the hairdressing class offers free haircuts on certain days, but you don't see everyone rushing to get down there, why not ? - because if you pay, you assume it will look better as a professional is doing it.

      Plus, who wants to look like Emo? lol

      Keith
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      • Profile picture of the author sal64
        Keith, I honestly wish I had the option to look like Emo.

        I recall telling my old barber that he should give me a 50% discount because I don't have much hair... he told me that the extra 50% was his search fee.

        Originally Posted by kweb777 View Post

        I think it's about perceived value.

        If it's free we tend to think it's probably not much good, a paid ebook is treated like a book, but a free ebook is more likely to be viewed as a free booklet - however if there is a cost attached we straight away think it has some value.

        You can go to your local college and the hairdressing class offers free haircuts on certain days, but you don't see everyone rushing to get down there, why not ? - because if you pay, you assume it will look better as a professional is doing it.

        Plus, who wants to look like Emo? lol

        Keith
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  • Profile picture of the author Chris Webb
    If your offer is in front of me at the right time, specifically meets a need I have or believe I will have, and most importantly, convinces me that the exchange of value of my money for your offer is worthwhile, you have a buyer.

    Examples of things I don't buy (these are just me, your mileage will vary):

    * Info Products promising "hundreds" of techniques I'll never take the time to implement

    Examples of things I do buy

    * Fiverr gigs - pain free grunt work
    * OneHourBackLinks - more pain free grunt work
    * Article Writing - Where it's good cheap
    * Marketing Software - where it removes manual grunt work

    Hope that helps
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  • Profile picture of the author networkersmagnet
    People tend to give value to what they paid for... I think Free sometimes doesn't really catch many people attention and call to action...


    I found that i have a lot paid info product that are not in anyway different from the ones i paid for...

    but the main reason why people paid for free service is to save time and avoid the stress of searching and compiling ....,,,,............
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  • Profile picture of the author CDarklock
    Originally Posted by sal64 View Post

    people are too lazy to use the search function.
    It's not always about laziness, but about efficiency. Imagine that I have three questions I need answered. I'll take the hardest one, post it in a forum, and go work on answering the other two. When I'm done, I go back to the forum and often find that someone has answered my question.

    Now I don't have to research it. Instead, I get to move on to more productive work.

    Same with products. If I've got to figure out how to do something, and I get email about a product related to it, I'll often go buy the product. That way, if it's good, I don't have to go figure it out. If it's bad, I know that once I figure it out myself, I can sell a product about it for more than this piece of crap cost.
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  • Profile picture of the author JCorp
    Because free-dom is a concept not everyone can grasp...
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  • Profile picture of the author jwmann2
    If you are referring to people hiring others to do work like people do these SEO companies, then I agree. They don't want to do the work themselves.
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  • Profile picture of the author wildjohnny
    The most important thing in my life is time. So, I'm ready to pay to get it more. It's simple as that.
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  • Profile picture of the author busybusinessman
    The answer to this is that people are prepared to pay for convenience and they are lazy and are not prepared to look for things themselves. How else could you explain all the free public domain stuff that people repackage and sell and quietly make a killing from?
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  • Profile picture of the author swilliams09
    There is another imporant part to this. It's a saying from the 'hood'. The game is to be sold, not told. Everyone who is giving you information for free may not be giving you the "whole" story. Just enough to wet your appetite. Paying usually means that you get more detailed and complete information. Things others have learned from trial and error that even with a rough 'free' blueprint you won't be able to get. This is the reason I have paid for the few information products I have bought that I could have learned for free. I paid to learn from other people's mistakes and to learn tidbits that I couldn't find for free in other places. By using the paid information and other free information I get a better picture of what I am trying to do and how to accomplish it effectively. Effectively being the key word.

    Now those who's products fail to provide any more value or insight than free material...well they probably won't be selling that product for very long in my opinion. Then again, a sucker's born every minute according to the man.

    Also, not everyone knows where to find 'free' things or that certian things are free. I just showed my coworker how to save tons of money on domain names (by switching to gieco?...nah just kidding), because he is not very web savvy and was using a domain register recommended by a friend. He was paying 20 bucks a year for his domain all because he just didn't know where to get it cheaper. Knowledge truly is power.
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    • Profile picture of the author Alex Kage
      Originally Posted by swilliams09 View Post

      There is another imporant part to this. It's a saying from the 'hood'. The game is to be sold, not told. Everyone who is giving you information for free may not be giving you the "whole" story. Just enough to wet your appetite. Paying usually means that you get more detailed and complete information. Things others have learned from trial and error that even with a rough 'free' blueprint you won't be able to get. This is the reason I have paid for the few information products I have bought that I could have learned for free. I paid to learn from other people's mistakes and to learn tidbits that I couldn't find for free in other places. By using the paid information and other free information I get a better picture of what I am trying to do and how to accomplish it effectively. Effectively being the key word.

      Now those who's products fail to provide any more value or insight than free material...well they probably won't be selling that product for very long in my opinion. Then again, a sucker's born every minute according to the man.

      Also, not everyone knows where to find 'free' things or that certian things are free. I just showed my coworker how to save tons of money on domain names (by switching to gieco?...nah just kidding), because he is not very web savvy and was using a domain register recommended by a friend. He was paying 20 bucks a year for his domain all because he just didn't know where to get it cheaper. Knowledge truly is power.

      True, so true.
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    • Profile picture of the author Micah Medina
      Originally Posted by swilliams09 View Post

      There is another imporant part to this. It's a saying from the 'hood'. The game is to be sold, not told. Everyone who is giving you information for free may not be giving you the "whole" story. Just enough to wet your appetite. Paying usually means that you get more detailed and complete information. Things others have learned from trial and error that even with a rough 'free' blueprint you won't be able to get. This is the reason I have paid for the few information products I have bought that I could have learned for free. I paid to learn from other people's mistakes and to learn tidbits that I couldn't find for free in other places. By using the paid information and other free information I get a better picture of what I am trying to do and how to accomplish it effectively. Effectively being the key word.

      Now those who's products fail to provide any more value or insight than free material...well they probably won't be selling that product for very long in my opinion. Then again, a sucker's born every minute according to the man.

      Also, not everyone knows where to find 'free' things or that certian things are free. I just showed my coworker how to save tons of money on domain names (by switching to gieco?...nah just kidding), because he is not very web savvy and was using a domain register recommended by a friend. He was paying 20 bucks a year for his domain all because he just didn't know where to get it cheaper. Knowledge truly is power.
      That's some pro-level posting, right there.
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  • Profile picture of the author Luke Rafferty
    "if only i knew then what i know now" as gordon gecko said "information is power"
    if you can get GOOD information for free and you use it wisely it hold no bounds.
    time and time again I see the wrong information been repeated and used to try and achieve results.
    i think best to pay for time to get the best information possible.
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  • Profile picture of the author sal64
    We have strayed a bit on this thread, but it's all good stuff.

    If anything, many of you have spoken in strong terms that you are prepared to pay for things that you can get for free... and the reasons why.

    This should provide some sort of motivation for anyone who has considered writing a product, but is uncertain about the value of their contribution.
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    • Profile picture of the author Cardiologist
      When a person pays for something, whether it be an intangible item or tangible; inextricably linked is perceived value.

      Perceived value is what drives the world, for example, take a look at stock prices for instance and the morphology of the financial markets around the world. Much is based on perceived value and thereupon subjective speculation. When the WSJ mentions the potential of a stock and/or company the stock rises to due perceived value that WSJ has lent the stock due to its perceived knowledge or legitimacy.
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  • Profile picture of the author barbling
    I am happy to admit that I hate spending money (I really do!) but I've reached the venerable time in my life that when I find it to be a justifiable expense....I do so.

    For example, I could probably figure out on me own the best way to master the Warrior Forums WSOs.

    But I don't *have the time* to spend to do that...so I paid $197 for coaching.

    I could probably teach myself how to do the design work you see at

    Barbara Ling, Virtual Coach - 14+ Year Veteran of Making Money and Creating Personal Success Online

    but I don't have the *time* to do so...so I spent close to 4K to have it done.

    I could probably learn on my own how to do Ad Swaps...but I don't have the *time* to do so (so I'll be paying another Warrior to have it set up).

    It's all about how valuable you see your time...and what you could be doing with it elsewhere.

    I completely agree with the poster who said buying an infoproduct should be the last thing you do (after you've done enough research to be comfortable with knowing.... the product will do you good).

    Alas, however....flinging money in hopes of a silver bullet seems to be the first act lots of newbies do. Live and learn.....
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  • Profile picture of the author kaper7
    Simple! The art of marketing. A good marketer would outline the benefits in such a way that prospects can't refuse. Such marketer will also throw in a couple of bonuses with perceive value greater than the product itself.
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