If you give the Milk for Free Nobody Buys The Cow?

30 replies
Years ago, I bought a Randy Gage CD Set called True Prosperity. However in the last few years I just watch him on you tube.

Today I observed something about myself.

I am one of his greatest fans...however, now that he plasters youtube with Vids, despite being a devoted fan, I have never joined his mailing list or blog.

Why?

I dont know, its not a conscious reason, but the thought suddenly struck me today that maybe its this:

I can sit and listen to an hour of his freshest thoughts whenever I want to on you tube. By the time Im done, Im Full...I dont need to go join his blog.

I noticed this about myself today... and I was wondering what you thought.

Youtube vids are cool, but is there a balance as to how much you should give...?

That thought really stood out today, as I myself do alot of giving online... and it never struck me like this before until watching his vids today and seeing his blog ad for the hundredth time, realizing that Im a raving fan, but have never joined his email list..

Can you give so much, that instead of enticing people to want to know more, you actually stuff them till they are full for free, and they have no reason to take further action?

Its truly the opposite of any thought I have ever had before which is why its interesting to me.

I know this line of thinking goes against everything we know about online marketing... but,

What is YOUR thinking on this topic?
#buys #cow #free #give #milk
  • Profile picture of the author sniperdomi
    Originally Posted by John Durham View Post

    Years ago, I bought a Randy Gage CD Set called True Prosperity. However in the last few years I just watch him on you tube.

    Today I observed something about myself.

    I am one of his greatest fans...however, now that he plasters youtube with Vids, despite being a devoted fan, I have never joined his mailing list or blog.

    Why?

    I dont know, its not a conscious reason, but the thought suddenly struck me today that maybe its this:

    I can sit and listen to an hour of his freshest thoughts whenever I want to on you tube. By the time Im done, Im Full...I dont need to go join his blog.

    I noticed this about myself today... and I was wondering what you thought.

    Youtube vids are cool, but is there a balance as to how much you should give...?

    That thought really stood out today, as I myself do alot of giving online... and it never struck me like this before until watching his vids today and seeing his blog ad for the hundredth time, realizing that Im a raving fan, but have never joined his email list..

    Can you give so much, that instead of enticing people to want to know more, you actually stuff them till they are full for free, and they have no reason to take further action?

    Its truly the opposite of any thought I have ever had before which is why its interesting to me.

    I know this line of thinking goes against everything we know about online marketing... but,

    What is YOUR thinking on this topic?
    that's a good question.

    I always use youtube in order to give myself credibility.

    But credibility doesn't mean to give everything for free. You can give enough for the people to think that you know your stuff and make them want to see more by subscribing or buying something.

    If done properly YouTube can be really profitable.
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  • Profile picture of the author jamesrich1
    I see what your saying in your post. I have paid over $500 for only a few marketers online. The one factor that made me decide was them delivering $1,000 worth of free material to prove themselves that they were worth $500. I saw a legendary marketer give away $10,000 worth of value to sell a $1,000 product and there was no question that the people that walk their walk and deliver amazing content is the equivalent of you already being on their list. You keep finding them because you know they deliver. I get where you are coming from I am just saying I have needed to see proof through delivery without the mysterious, persuasive sales presentation when it comes to information.
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  • Profile picture of the author Shaun OReilly
    How much information you give away for free depends
    upon what you're selling.

    If you're selling information products, then you need to
    give away information very, very strategically.

    The information you give away should position you as
    an expert and move people closer to buying your paid
    information products.

    If you give away too much information you 'fill people
    up' so that they have little appetite for your paid stuff.

    Dedicated to mutual success,

    Shaun
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  • Profile picture of the author rendell
    Agreed with SniperDomi.
    Since he has been generous and giving out goodies to people, his reputation and credibility must be really good. Good reputation, and he just need a good product launch campaign to rake in the money.
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    Ever notice that people who spend money on WSO, memberships and courses, are always complaining about being broke and not making any money ?

    They should have bought ASSETS instead.

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  • Profile picture of the author John Durham
    Thanks guys, Im glad to see that it was a legit question and that Im not crazy for asking it.

    I mean seriously, I just noticed that I have never bought a Gage product since he has been doing youtube, but I use to SEEK THEM OUT feverishly.
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  • Profile picture of the author contentwriting360
    Banned
    This is a good conversation.

    If you were to ask me, I will continue to give useful pieces of information to my followers/lists/customers/or whatever you may want to call them. But of course, I will set some boundaries as to how much information I can only afford to give for free. Business is still business.

    But as far as giving is concerned, I still believe in the law of nature. You reap what you saw. You'll harvest what you planted. Yes, you may not harvest right away but if you were to ask farmers, there are days when they harvest more than what they expect.

    Everything is associated to the law of nature.
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  • Profile picture of the author HeySal
    I've seen people go absolutely nuts on the idea you have to give freebies. I even had a guy tell me that I should give my ebook on how I cured my dog's cancer as a freebie then upsell. Um.........how do you upsell killing cancer? WTF? The reason people expect so many freebies is because people give so many of them. I can see a little bit of introductory freebie - but agree that there's a point that you have to put a price tag on something if you are going to make a living at it.
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    When the Roads and Paths end, learn to guide yourself through the wilderness
    Beyond the Path

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    • Profile picture of the author icandi
      Originally Posted by HeySal View Post

      I've seen people go absolutely nuts on the idea you have to give freebies. I even had a guy tell me that I should give my ebook on how I cured my dog's cancer as a freebie then upsell. Um.........how do you upsell killing cancer? WTF? The reason people expect so many freebies is because people give so many of them. I can see a little bit of introductory freebie - but agree that there's a point that you have to put a price tag on something if you are going to make a living at it.
      I totally agree, bit like on WF - people complain about OTO's or up-sells. No one complains to supermarkets about the loss-leaders, that's been a strategy for years, as is the strategy of placing essentials at the far end of the store so you have to pass all the luxury and promotional items, it's just marketing.
      I did freebies in my off-line business as did many of our competitors and we made great sales as a result that we would never have made otherwise.
      Yes we got a few whingers who expected more, that just goes with the territory. The cliche still stands you can't please everybody.
      Also I attended many seminars years ago and spoke at some too, it involved travelling, hotel stopovers in addition to the cost of the seminar. I remember speaking to a speaker from the USA who commented that when people pay higher fees to attend they pay more attention, take notes and take action. If it was a lower ticket affair and on their doorstep they tended to just not attach the same value to it.
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      • Profile picture of the author ExRat
        Hi icandi,

        I don't totally disagree with all of your points, but your main point -

        bit like on WF - people complain about OTO's or up-sells. No one complains to supermarkets about the loss-leaders, that's been a strategy for years, as is the strategy of placing essentials at the far end of the store so you have to pass all the luxury and promotional items, it's just marketing.
        ...is fallacious, in a variety of ways.

        Allow me to elaborate -

        1. why are you comparing OTOs and upsells with loss leaders?

        A loss leader is a freebie that initially costs the vendor money in the hope that they will regain this expense and more in the future from the prospect - loosely, the 'rule of reciprocation'.

        The reason OTOs and upsells gain complaints is because many times the main item is sold as 'all you need' but after purchase it is revealed that the OTO/upsell is actually required in order to use the main item effectively, therefore the original sales material is misleading, which is what the complaints are about.

        Therefore loss leaders and WF upsells/OTOs and the complaints they garner are not comparable.

        2. 'that's been a strategy for years' - see here and here. Those aren't exact, but they are close. But if you see my points below, just because supermarkets have been making people walk extra miles to find their items for years, does not mean that they don't mind, because it's difficult to complain effectively to supermarkets, therefore most people don't bother - but they still get more and more fed up with it.

        3. 'it's just marketing' - it might be a common marketing strategy, but it's not logical to use this to try and prove your point - which is that 'no one complains to supermarkets about it' in comparison to internet marketing/marketing on WF.

        The reason people complain on WF is because the whole transaction is initiated and closed on the WF - in other words, the forum for adding a complaint is right beneath the salesletter in a WSO, where most other prospects/buyers are likely to see it.

        Supermarket purchases are not made in anything like the same manner, therefore IF someone is fed up about their marketing strategies enough to want to complain, there is usually no forum to do so and if there is, it is not normally visible to people wandering around the store, so it has such little effect that most people won't bother complaining.

        Therefore, if a supermarket shopper is so unhappy with the marketing tactics of the supermarket that they feel like complaining, they are (ultimately) most likely to simply vote with their feet and shop elsewhere. They know that a complaint to management is virtually pointless, as is a post on a forum.

        Even the busiest WSOs only have a few hundred buyers per day, whereas the average supermarket has 1000s of (repeat) buyers in each store daily and they may have 1000s of identical stores around the world, therefore one complaint is much less likely to effect change, unlike WSOs where one complaint can immediately encourage the seller to change something important about their offer.

        If the supermarket shopper's complaint instantly appeared under the items in all branches of the supermarket so that all other shoppers would see it, then I reckon - a) many more people would voice complaints b) it would be much more comparable with the WF WSO section.

        But as it isn't like this, it's not comparable - you're comparing apples and oranges.

        I did freebies in my off-line business as did many of our competitors and we made great sales as a result that we would never have made otherwise.
        Did you conduct a precise split test with freebies vs no freebies?

        If not, then how can you conclude that 'we would never had made (those sales) otherwise'?

        I'm not trying to pick on you and forgive me if you think that I'm nit-picking (which I've been accused of before for making posts like this), but if pointing out logical holes in an argument is nit-picking, then I would have to conclude that people would prefer to continue to believe and build their businesses around logically inaccurate conclusions.
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        • Profile picture of the author icandi
          Originally Posted by ExRat View Post

          Hi icandi,

          I don't totally disagree with all of your points, but your main point -

          ...is fallacious, in a variety of ways.

          Allow me to elaborate -

          1. why are you comparing OTOs and upsells with loss leaders?

          A loss leader is a freebie that initially costs the vendor money in the hope that they will regain this expense and more in the future from the prospect - loosely, the 'rule of reciprocation'.

          The reason OTOs and upsells gain complaints is because many times the main item is sold as 'all you need' but after purchase it is revealed that the OTO/upsell is actually required in order to use the main item effectively, therefore the original sales material is misleading, which is what the complaints are about.

          Therefore loss leaders and WF upsells/OTOs and the complaints they garner are not comparable.

          My Answer

          Maybe it was the way it was written, I didn't intend to compare OTOs and upsells with loss leaders, but that the free or low price WSO was similar to a loss leader and that the strategy was similar to what Supermarkets (and other businesses offline) do to grab your attention and make a purchase - in the hope that additional purchases at regular price will be made.
          Maybe I wasn't clear and perhaps not the best good analogy. Even though I've never offered a WSO for sale and even though bought a few bad ones I can see the vendors reasoning for not wanting to give away everything for free or a few dollars.


          2. 'that's been a strategy for years' - see here and here. Those aren't exact, but they are close. But if you see my points below, just because supermarkets have been making people walk extra miles to find their items for years, does not mean that they don't mind, because it's difficult to complain effectively to supermarkets, therefore most people don't bother - but they still get more and more fed up with it.

          My Answer

          Agreed

          3. 'it's just marketing' - it might be a common marketing strategy, but it's not logical to use this to try and prove your point - which is that 'no one complains to supermarkets about it' in comparison to internet marketing/marketing on WF.

          The reason people complain on WF is because the whole transaction is initiated and closed on the WF - in other words, the forum for adding a complaint is right beneath the salesletter in a WSO, where most other prospects/buyers are likely to see it.

          Supermarket purchases are not made in anything like the same manner, therefore IF someone is fed up about their marketing strategies enough to want to complain, there is usually no forum to do so and if there is, it is not normally visible to people wandering around the store, so it has such little effect that most people won't bother complaining.

          Therefore, if a supermarket shopper is so unhappy with the marketing tactics of the supermarket that they feel like complaining, they are (ultimately) most likely to simply vote with their feet and shop elsewhere. They know that a complaint to management is virtually pointless, as is a post on a forum.

          Even the busiest WSOs only have a few hundred buyers per day, whereas the average supermarket has 1000s of (repeat) buyers in each store daily and they may have 1000s of identical stores around the world, therefore one complaint is much less likely to effect change, unlike WSOs where one complaint can immediately encourage the seller to change something important about their offer.

          If the supermarket shopper's complaint instantly appeared under the items in all branches of the supermarket so that all other shoppers would see it, then I reckon - a) many more people would voice complaints b) it would be much more comparable with the WF WSO section.

          But as it isn't like this, it's not comparable - you're comparing apples and oranges.

          My Answer

          Good Points and I agree on a few points. Although as I earlier perhaps not the best analogy and should have said supermarkets are just one of a few businesses that spring to mind, opticians offering free lenses, but you have to take their frames when reading the small print (no pun intended) Free or discounted Mobile Phones if you sign up for a 24 month data plan, there are similar scenarios everywhere.

          People actually do complain even to supermarkets, I had a family member who worked in the Customer Services, the complaints ranged from the sublime to the ridiculous from food items with claims of all manner of foreign objects found in them to clothing which clearly been worn but "didn't fit" and the store refunds as the policy is "No Quibble" refunds.

          My wife works in the Customer Services dept for a national telecom provider and is always fielding complaints of clients wanting the latest iPhone or Smartphone and stating "it's not fair that they have to wait until their plan expires", bearing in mind they just recently signed a contract / plan 12-24 months depending on whther they wanted a free or reduced price handset - To get their new phone for cents on the dollar, they had the choice to pay $2K for the handset for a no contract tie-in, like we all have - but suddenly "it's not fair". Another was from a client wanting a refund because their child had switched the Data roaming and it's not her fault, like it's the company in the wrong! My daughter did exactly the same thing, it wasn't her fault or my service provider, I should have put it out of reach or key-locked it. Maybe if the child had dropped the phone and broken it, maybe that would be Nokia or Samsungs fault. Basically we just live in a society of blame culture.
          The best ever complaint was a customer calling to say that the company could not tell them why her friend was not answering her calls they should know why as she uses the same network.
          I'm just trying to illustrate that people can and do complain in the off-line world - usually at the cost to the company as there's usually a free phone line provided. They also use Facebook and Forums, review sites, some of these complaints are just nonsense why don't they tell the waiter whilst they are there? (in my opinion) hence the latest WSOs for Reputation Management. In fact why don't the buyers on WF ask for a refund directly via email, ok if there is no response then publicly complain. As you say it might not and this too might not be a "logical" comparison, but it's just my opinion, I wasn't claiming to be correct


          Did you conduct a precise split test with freebies vs no freebies?

          My Answer

          Since you asked whether we conducted a split-test, the short answer is yes. The long answer is that the "freebies" spent as well if not better than the "non-freebies" we had t/o of over £1,000,000 from those "freebies" sales we would never have had. We had competitors that tried the same and failed on many occasions. The main reason was that they treated the "freebies" as if they we freeloaders and time-wasters. I don't want to go into the whole mechanics but suffice to say we did this for many years and ended up employing many people and consulting for around 200 businesses.


          If not, then how can you conclude that 'we would never had made (those sales) otherwise'?

          I'm not trying to pick on you and forgive me if you think that I'm nit-picking (which I've been accused of before for making posts like this), but if pointing out logical holes in an argument is nit-picking, then I would have to conclude that people would prefer to continue to believe and build their businesses around logically inaccurate conclusions.

          I don't feel that you're picking on me, it's a pleasure to hear a point of view

          Interestingly - I just noticed Wills post below this and I know there were a number (not sure how many) that complained about the OTO. It wasn't essential to the running of the FREE WSO and yet still people complained.
          I bought it and haven't made a cent - Do you want to know why?
          It's simply because I haven't taken action but it's on my list.
          I am sure that's the case for a lot of buyers of so many WSO's
          BUT I do know 100% that this will definitely work just like the previous one's I got from him. They also didn't work for a little while - As they were sitting on my hard drive waiting for me to implement them
          Just trying to illustrate in most cases that it's not the product but the end user...
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  • Profile picture of the author contentwriting360
    Banned
    HeySal, you made a point. There are "stuff" where you need to put a price tag, indeed. But when it comes to making and uploading short one or three-minute videos on YouTube, just like what Google's Matt Cutts is doing, I believe it's okay to give those videos for free for the sake of boosting or improving your online presence.

    For example, I have a personal plan of creating some videos of myself explaining "stuff" on content writing. These videos would just be 1 to 3-minute video files. Now, they can also serve as my marketing materials for my seminars in the first quarter of 2013. They are just short yet informational videos I publish on YouTube. Anyone can embed or share the videos for FREE. But I can also use them to promote my upcoming PAID seminars come 2013.
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    • Profile picture of the author HeySal
      Originally Posted by contentwriting360 View Post

      HeySal, you made a point. There are "stuff" where you need to put a price tag, indeed. But when it comes to making and uploading short one or three-minute videos on YouTube, just like what Google's Matt Cutts is doing, I believe it's okay to give those videos for free for the sake of boosting or improving your online presence.

      For example, I have a personal plan of creating some videos of myself explaining "stuff" on content writing. These videos would just be 1 to 3-minute video files. Now, they can also serve as my marketing materials for my seminars in the first quarter of 2013. They are just short yet informational videos I publish on YouTube. Anyone can embed or share the videos for FREE. But I can also use them to promote my upcoming PAID seminars come 2013.
      Yeah - that's what I mean by a little bit of introductory. I write articles that give some pretty good tips, too - but I'm not giving away the farm by any stretch of imagination. What John just described is a real problem for someone if they need to make money. You have to present yourself as an expert - and to do so you have to render some information freely. You have to also know where to draw the line.
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      • Profile picture of the author John Durham
        Originally Posted by HeySal View Post

        Yeah - that's what I mean by a little bit of introductory. I write articles that give some pretty good tips, too - but I'm not giving away the farm by any stretch of imagination. What John just described is a real problem for someone if they need to make money. You have to present yourself as an expert - and to do so you have to render some information freely. You have to also know where to draw the line.
        In Randy Gages case, he gives me so much on youtube, that I dont really need to buy anything to get the meat of his teaching, which is what I always felt was the right thing to do, until I noticed that myself, the most likely candidate for opting in, had never opted in in years of watching his vids.- I get inspired and I want to go do something immediately afterward, or even before the vids are over.

        Such as right now. I got inspired. lol
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  • Profile picture of the author jamesrich1
    You can continue to deliver $100s of dollars of free information if you can deliver $1,000 and $3,000+ value inside of your products. Obviously your not going to give the $1k and $3k products secrets away. The better you are at what you do the more consistent free value you can give. You want it to where when people see your free stuff they say, " Wow this free information is INCREDIBLE... I can only imagine what I would get if I were to buy his/her stuff."
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    • Profile picture of the author Christopher Fox
      Information has been bought and sold for centuries.

      However, we are living in the Information Age. The accessibility has gone up, exponentially. With that will follow a decline in how much that information costs.

      I think MMO is a bit different than the other 'niches', but, in general, selling information, selling an ebook on how to get a set of abs or how to train your dog, etc., will become less and less profitable.

      With a site I am setting up now, I could have pumped out a top-notch, 200-300 page ebook and sold it for $30-$50 and still not put everything in there that will be on the site for information. But, I don't see that as a viable business model in the future. At least not as viable as it is now and has been the last 10-15 years.

      Again, the MMO thing is a bit different, but sooner or later people are going to realize that 99.9% of the solutions to people's problems being bought and sold are already available on da net. For free.

      Information Age guys and gals. There is no stopping it. You all have time left to profit off of selling information, but those days will come to an end, or at least be a much more restricted and less profitable market than it is today.

      The people with disposable incomes to send money to your paypal account that live on this planet are already online. The other 5 billion + that are yet to get online are not rich. They do not have $27 to buy information from you.

      The glory days of selling information are coming to a close. For those currently online that are making purchases of information, well, as the weeks and months pass, they will become more savvy and understand that the information they seek, whatever the information is, can pretty much be found online for free today.

      Google/Bing will always be in a running battle with IMers and SEOers, but they have too many PhD's working for them to bet against their algos, IMO. Google wants to serve up sites that give information for free versus a site that charges for the same info.

      Sell your information while ya can boys and girls, but, eventually, it will be much less lucrative than it is today. Information Age.
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      • Profile picture of the author ExRat
        Hi Christopher Fox,

        Originally Posted by Christopher Fox View Post

        The glory days of selling information are coming to a close. For those currently online that are making purchases of information, well, as the weeks and months pass, they will become more savvy and understand that the information they seek, whatever the information is, can pretty much be found online for free today.
        I understand where you're coming from but I disagree to an extent - particularly with talk of things 'coming to a close'.

        The cause of the problem is the quantity of bad (poorly crafted) information out there - this causes some purchase reluctancy to take hold when prospects have been burnt by buying low quality information.

        But the same cause of the problem is also the solution. Due to the quantity of poor quality FREE information, regardless of the fact that most solutions are already available for free, they are hidden under a mountain of conflicting, misleading, poor quality information.

        Most people are not capable (patient enough) to learn how to search properly and to have the knowledge required to know when they have stumbled across the good stuff.

        Therefore to combat these issues, an information marketer who wants to sell their information needs to be adept at finding, evaluating, compiling and presenting the information in a manner that gives it true value.

        Once they are established and have put word of mouth proponents in place as well as a network which allows cross-selling across niches, it doesn't matter how crowded markets get, how easy searching becomes or how low the masses take their prices.

        If someone cannot legitimately present themselves as an authority, then many people will refuse their information EVEN IF it is free.

        It's not the actual information that is for sale (everyone knows that it is out there somewhere already) - it is the authority of the information provider (which ideally needs to be positively reinforced by the perpetual quality of each release) and their ability to locate, evaluate, compile and present their information which is for sale.

        For example, one of the problems in the IM area is that in the past, sellers have made sales (and avoided refunds) even though their information was practically devoid of any real value, simply because of their prior reputation (created by noise level, not track record) and the nature of the presentation of their information and a few other virtually irrelevant factors (in real terms) such as bonuses - but they still managed to push prices way above what others were receiving for their top quality stuff.

        So again, the value lies in perceived authority and the manner in which the information is presented (in both ways - how it is marketed and within the product itself). Therefore it is the presentation, not the information itself, which is really for sale and in that case it doesn't matter that it's available somewhere else, amongst other junk, for free.
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  • Profile picture of the author Prady N
    Its quite interesting discussion. I think giving away free high quality content is good for building reputation I have seen most of the top notch marketers are doing this like Eben Pagan and Frank Kern but sometimes it happens that we are not ready to digest more material because may be we are overloaded with the existing projects or don't see immediate opportunity to implement that information so we simply do not take any action but that person is always there in your back of the mind and whenever we get that proper space we just proceed and grab his product, this has happened to me several time.....so in my opinion giving away high quality stuff is perfect.....one can definitely gets the result for doing so
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  • Profile picture of the author Chinedu Mmaduebo
    I agree with you John but i still believe that trust and confidence can translate to cash any day, anytime. Randy might just decide to come up with a parallel thing and put it up for sale and that is it.
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  • Profile picture of the author ExRat
    Hi John,

    Originally Posted by John Durham View Post

    I know this line of thinking goes against everything we know about online marketing... but,
    The above line from the OP is incorrect in my opinion.

    Free information should be 'useful, but incomplete' - I think this is the right approach, which I think is what HeySal is saying above.

    I don't know who said that first, but it was in one of Jimmy D Brown's products that I first read it.
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  • Profile picture of the author PerformanceMan
    I think you're right OP.

    Tube sites certainly killed porn profits, didn't they?
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    • Profile picture of the author ExRat
      Hi PerformanceMan,

      Originally Posted by PerformanceMan View Post

      I think you're right OP.

      Tube sites certainly killed porn profits, didn't they?
      That depends on your viewpoint.

      Some might say that they concentrated them or re-arranged them, rather than killing them - unless you believe that no one makes a profit from porn anymore.
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      • Profile picture of the author PerformanceMan
        Originally Posted by ExRat View Post

        Hi PerformanceMan,



        That depends on your viewpoint.

        Some might say that they concentrated them or re-arranged them, rather than killing them - unless you believe that no one makes a profit from porn anymore.
        Search Google for 'tube sites killed porn.' Some adult stars are making $100 a day now. Lots of sites lost money, etc.

        Let's face it. With a product like 'porn' sites that allow unlimited streaming of porn scenes can be used by the average person to 'get off' without paying. People learn this and train themselves not to pay anymore.
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        • Profile picture of the author ExRat
          Hi PerformanceMan,

          Originally Posted by PerformanceMan View Post

          Search Google for 'tube sites killed porn.' Some adult stars are making $100 a day now. Lots of sites lost money, etc.

          Let's face it. With a product like 'porn' sites that allow unlimited streaming of porn scenes can be used by the average person to 'get off' without paying. People learn this and train themselves not to pay anymore.
          There's some validity to your point (IE some sites went out of business) but I think you're being a bit blinkered by focusing on 'the average person.'

          A huge chunk of that market are only looking for one, specific thing (which varies wildly from person to person) which cannot be found on the mass market free sites.

          Also, if you've investigated which direction people have gone in to overcome these changes, you'll see that one to one 'social' interaction is now all the rage for ex porn stars of which many are still happily rich because they adapted.

          There is a huge difference between changes due to markets maturing and markets being killed - a subtlety that always seems to get lost on this forum, whichever market we are referring to.
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          Roger Davis

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      • Profile picture of the author gcozzens
        I completely agree. I've bought many $1997 courses as well as various price points under that. What I find is if I focus on the information available for free as well as the first few videos in product launches, I get enough information to try something. Honestly I learn more by trying new things and testing them than I do with the high end courses. I've also found in many cases the low price point courses and eBooks have just as much quality content in them as the high end courses.

        My advice - Spend more time doing and less time learning. "Just-In-Time" Learning and some progress every day no matter how small will get you there.
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        Focus Your Life! How to Design Your Life the way you want it to be..(A new approach) - Download Here

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  • Profile picture of the author WillR
    I've been guilty of giving away too much free stuff before. When you give away too much the people never end up buying your paid stuff because they are so busy consuming and implementing your free stuff.

    You should only give away enough to wet their appetite and something that can be quickly consumed. When it comes to giving away free stuff think quality not quantity. Something that moves them one step closer to their desired outcome so they then want more from you.
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  • Profile picture of the author markcr
    Banned
    Really? Youtube?...ok.

    I always use youtube in order to give myself credibility.
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    • Profile picture of the author ExRat
      Hi icandi,

      Thanks for your reply and detailed explanation.

      A couple of points -

      I can see the vendors reasoning for not wanting to give away everything for free or a few dollars.
      In my opinion, there's another factor regarding WSOs - it's the WSO of the day factor. If you analyse the stats, there are many benefits to being given WSO of the day, which apparently is chosen by Mike Lantz of WSO Pro.

      The stats suggest that you are much more likely to get the extra exposure provided by this (too complicated to elaborate here on this point) if you offer 100% commission on the front-end product.

      Therefore many people offer the 100% commission (therefore no direct income from the front end) and look to make money on the backend (OTO or upsell).

      This strategy then provides the added complication of the altered dynamics between the two (or more products), particularly the one I mentioned earlier where the front-end is sold as 'all you need' but once the back-end is revealed, it becomes apparent to many buyers that without also purchasing the back-end the front-end product is unsatisfactory, hence buyer's remorse and a feeling of being duped via bait and switch - (and as you point out, sometimes these complaints occur even when no under-handedness has taken place, but purely because buyers have been conditioned to expect it purely due to the presence of an OTO.)

      you have to take their frames when reading the small print
      The pun might be unintended but it's a good one. If it's not a pun, then it's a cunning sales tactic. The non-blind misleading the blind.

      Regarding 'blame culture', well it's a complex subject and I think we're in danger of talking about many different issues at once here. I'm sure some people complain to supermarkets, The original point was regarding -

      placing essentials at the far end of the store so you have to pass all the luxury and promotional items, it's just marketing
      ...and how that relates to complaints about WSOs.

      Again, it's complex, but I think that supermarkets (certainly in my country) have a virtually captive market. They are powerful and have the state in their hands and use these connections to become even more powerful, taking over like a virus by destroying all smaller competition on expensive (in terms of business rates and rents) High Streets by expanding their range of goods and using economies of scale to undercut.

      They don't care about customers switching between supermarket chains because they have a cartel of sorts and there are elements of price-fixing going on. They also use a class system, where each 'class' only has one or two choices of supermarket (and who really knows who owns who? Perhaps an elite cartel carefully hides the fact that they own the whole shebang?)

      In other words, they make people walk further past other products and continually disorientate them by moving products around the store, because they can.

      In effect this isn't 'just marketing' or good salesmanship, it's more like psychological manipulation based on a time-poor, 'can't park in town', 'can't get through the traffic jam', 'I just want to eat!' captive market.

      Hence the 'no one complains about supermarkets doing XYZ' point being invalid in my opinion. With that type of captive market, it's a bit like saying 'no one complained about XYZ brutal military invasion' - they may have complained, but no one was listening and nothing changed anyway, so the complaints are muttered under the breath as opposed to directly to the perpetrators, because everyone knows that the perpetrators aren't listening or about to change their approach due to complaints.

      But WSO/OTO complaints are an entirely different kettle of fish, in my opinion. The opinions of WSO buyers can often have some immediate effect, especially considering certain factors IE their warrior rep, or if their complaint within the thread appears to halt sales until a resolution/compromise is found. It's quite common to see comments such as, "I was going to buy this until I saw XYZ's comment in the thread" - and then an obvious slowdown in sales.

      Regarding -

      It's simply because I haven't taken action but it's on my list.
      I am sure that's the case for a lot of buyers of so many WSO's
      Well we could probably both write an extensive book on the WSO forum, the nature of complaints, buyer's remorse, shoddy products, failure to take action etc.

      This is the typical nature of a marketplace where dreams are for sale.

      Thanks again.
      Signature


      Roger Davis

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      • Profile picture of the author icandi
        Originally Posted by ExRat View Post

        Hi icandi,

        Thanks for your reply and detailed explanation.

        A couple of points -

        In my opinion, there's another factor regarding WSOs - it's the WSO of the day factor. If you analyse the stats, there are many benefits to being given WSO of the day, which apparently is chosen by Mike Lantz of WSO Pro.

        The stats suggest that you are much more likely to get the extra exposure provided by this (too complicated to elaborate here on this point) if you offer 100% commission on the front-end product.

        Therefore many people offer the 100% commission (therefore no direct income from the front end) and look to make money on the backend (OTO or upsell).

        This strategy then provides the added complication of the altered dynamics between the two (or more products), particularly the one I mentioned earlier where the front-end is sold as 'all you need' but once the back-end is revealed, it becomes apparent to many buyers that without also purchasing the back-end the front-end product is unsatisfactory, hence buyer's remorse and a feeling of being duped via bait and switch - (and as you point out, sometimes these complaints occur even when no under-handedness has taken place, but purely because buyers have been conditioned to expect it purely due to the presence of an OTO.)

        The pun might be unintended but it's a good one. If it's not a pun, then it's a cunning sales tactic. The non-blind misleading the blind.

        Regarding 'blame culture', well it's a complex subject and I think we're in danger of talking about many different issues at once here. I'm sure some people complain to supermarkets, The original point was regarding -

        ...and how that relates to complaints about WSOs.

        Again, it's complex, but I think that supermarkets (certainly in my country) have a virtually captive market. They are powerful and have the state in their hands and use these connections to become even more powerful, taking over like a virus by destroying all smaller competition on expensive (in terms of business rates and rents) High Streets by expanding their range of goods and using economies of scale to undercut.

        They don't care about customers switching between supermarket chains because they have a cartel of sorts and there are elements of price-fixing going on. They also use a class system, where each 'class' only has one or two choices of supermarket (and who really knows who owns who? Perhaps an elite cartel carefully hides the fact that they own the whole shebang?)

        In other words, they make people walk further past other products and continually disorientate them by moving products around the store, because they can.

        In effect this isn't 'just marketing' or good salesmanship, it's more like psychological manipulation based on a time-poor, 'can't park in town', 'can't get through the traffic jam', 'I just want to eat!' captive market.

        Hence the 'no one complains about supermarkets doing XYZ' point being invalid in my opinion. With that type of captive market, it's a bit like saying 'no one complained about XYZ brutal military invasion' - they may have complained, but no one was listening and nothing changed anyway, so the complaints are muttered under the breath as opposed to directly to the perpetrators, because everyone knows that the perpetrators aren't listening or about to change their approach due to complaints.

        But WSO/OTO complaints are an entirely different kettle of fish, in my opinion. The opinions of WSO buyers can often have some immediate effect, especially considering certain factors IE their warrior rep, or if their complaint within the thread appears to halt sales until a resolution/compromise is found. It's quite common to see comments such as, "I was going to buy this until I saw XYZ's comment in the thread" - and then an obvious slowdown in sales.

        Regarding -

        Well we could probably both write an extensive book on the WSO forum, the nature of complaints, buyer's remorse, shoddy products, failure to take action etc.

        This is the typical nature of a marketplace where dreams are for sale.

        Thanks again.
        Hi

        Just a quick note to say you're welcome for the reply. I did go off on a bit of a tangent, totally hear where you're coming from and agree with the issue about supermarkets, I'm also from the UK been based in KL fro 3 years before that France for around 5 years (must update my profile etc) when I tell people that for every £8 spent in the UK £1 is spent in a Tesco store (i.e. 12.5% of the economy) they are amazed, they are massive here also. Watched enough Documentaries on how Farmers and suppliers generally are held by the "proverbials"
        I'm quite new to the forum so thanks also for the interesting information on WSO launches and 100% commissions etc. I have been contemplating launching one of my own which I truly believe is something that is so different to anything I've seen here and not rehashed. However I haven't got my head around the mechanics, especially reviews and affiliates as not sure if it will work without either. Reviews from people getting a review copy don't seem to reassure folks anyhow and some people send almost anything daily to their list so I've held back. Added to which my off-line business has been my priority. Just be nice to do something additional.


        Cheers,

        (Mark)
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  • Profile picture of the author Chinedu Mmaduebo
    Most people want freebies and never wanted to buy the real stuff. The nature that online marketing has taken today will make it impossible for survival if you don't give away anything to make you popular. The order of the day is free gift to attract sales except you are dealing in a niche where there is no competition(hardly!)
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    Nobody but just me.....

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  • Profile picture of the author sirtiman
    You need more ideas after give away something free than make them loyal and buy from you.
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