Selling short reports on physical CDs

14 replies
I've been a fan of selling short reports for a long time or even giving them away for free to build a list. My problem is the old way just doesn't appeal to me anymore. I've been thinking if you could use offline sources to give away/sell a physical CD with a short report on it then this would work better. The issue is it costs alot of money to do this. The cheapest ad space I could find in an offline magazine was $250. This is a good magazine (money makers/opportunity type). It gets a good circulation.

My question is has anyone tried this? If I spent $250 for a small ad space in the back of one of these magazines do you think it would be a good investment? By the way, the reason I would prefer having a physical CD with a report on it is because I feel people would be more responsive to this. I would also offer the option to download, but would provide extra incentive to get the physical CD.

The report in the CD would also have upsell offers/affiliate offers to bring in even more revenue. I would also look to build a nice list doing this.
#cds #physical #reports #selling #short
  • Profile picture of the author Alexa Smith
    Banned
    You can find out only by testing it?

    It may have a big learning-curve? That's to say, even if it can be done profitably, overall, it may cost a lot of money to discover exactly how.

    My own complete guesses are that if you're looking at "opportunity-seekers", as you mention above, (a) "immediacy" will be good and a delay will be bad (so that's against the idea), and (b) that kind of traffic will be about the hardest to monetize anyway. So please excuse my suspicion that you may be being optimistic about it. I may, of course, have it all wrong.
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  • Profile picture of the author pheonix44
    The whole venture would cost at least $500. I thought of it because I used to go for some of those ads in different magazines. I figured if you could at least build a list of a few hundred then maybe that list could be monetized.
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  • Profile picture of the author XponentSYS
    I used to do just that in 1998 - 2001 or so.

    In fact, it was a healthy little business. We did around 35k a month. It died out though in favor of downloadable information products.

    I do still deliver my °Information Marketing Insiders° courses via binders CD's and DVD's..

    That's because it's huge though and has a higher perceived value at $4000.
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    • Profile picture of the author Joe Mobley
      Robin,

      A couple of thoughts:

      How are you going to convert a giveaway product into sales?

      Is $250 for the ad per month? quarter? year?

      I would start by contacting people/businesses with ads in the magazine and see if it's working for them. In your conversations, I would ask what other advertising that is working for them?

      If you have been looking through the magazine for a while, do the same ads keep showing up? People are not going to keep forking out money if it's not working for them.

      If it were me and money was tight, I would not spend money on a physical product. OR... I would not create the CD and Special Report until I received a few orders.
      "Please Allow 2 to 4 Weeks for Delivery."

      By-the-way, there is a ton of good stuff in the Offline Marketing forum.

      Joe Mobley
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  • Profile picture of the author UnkwnUsr
    Originally Posted by pheonix44 View Post

    I've been a fan of selling short reports for a long time or even giving them away for free to build a list. My problem is the old way just doesn't appeal to me anymore. I've been thinking if you could use offline sources to give away/sell a physical CD with a short report on it then this would work better. The issue is it costs alot of money to do this. The cheapest ad space I could find in an offline magazine was $250. This is a good magazine (money makers/opportunity type). It gets a good circulation.

    My question is has anyone tried this? If I spent $250 for a small ad space in the back of one of these magazines do you think it would be a good investment? By the way, the reason I would prefer having a physical CD with a report on it is because I feel people would be more responsive to this. I would also offer the option to download, but would provide extra incentive to get the physical CD.

    The report in the CD would also have upsell offers/affiliate offers to bring in even more revenue. I would also look to build a nice list doing this.
    Just an idea here why not list the reports on eBay. They still allow digital products as long as they are shipped on a CD or DVD. You would only have to pay a FVF when the item sold.
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  • Profile picture of the author XponentSYS
    Okay......

    Now that I'm back at the office, I'll add a bit more since I've played this game before.

    From 1997/8 o 2001, we ran classifieds in scores of places like Entrepreneur Magazine, Bizz-Opp Rags, newspapers and basically any place we felt we could reach opportunity seekers - it was ALL offlinoe in the beginning.

    The ads sold whatever the opportunity we had was - on a CD rom.

    They'd call an 800 number and our office took the order over the phone. The credit card, or check was taken and processed over the phone at that time.

    At the same time an "order slip" was printed out on the DOT MATRIX printer.

    At the end of the day (we took orders 24/7 but "end of day cutoff was at 6PM) all the orders were FAXED to a fulfillment center I contracted with

    Also, as we were taking the order for the $19.95 CD... we were upselling all kinds of shit - be it our own products or those of people with whom we had joint ventures.

    We ran the whole damn thing out of a small(ish) office in the San Francisco Bay Area.

    It was a good business and we sold tens of thousands of those little CD roms.

    What were some of the "opps" we sold?

    Many but a few notable ones.....

    1. A 900 number business
    2. A "3rd party skip tracing business (that we quit when that became illegal)
    3. A real estate course

    Those "old school" enough to be thinking "Hey... this guy sounds like the great Don Lapre"..... that's because I was a young buck and was inspired by him.

    I bought and studied everything he did

    I then knocked him off - arguably doing it better (I got his attention once and he SAID he should be pissed but my copy was BETTER so he stole some of it - saying "payback is a bitch" I didn't care - we were fast friends after that.)

    Anyway......

    All that slowly gave way to more ONLINE fulfillment, then marketing in 2001/02 or so.

    WHY?

    1. It's cheaper
    2. It's QUICKER

    MOST IMPORTANT....

    There was a market shift on the fulfillment side, much like Alexa points out, where they want instant gratification and that's too big to ignore - being of direct consequence to your conversion rate.

    If you wanna go offline (you should - lots of prospects there)..... do it with lead generation postcards.

    Send a postcard in the mail, leading to a landing page to generate the lead..... and deliver the magnet via email. After that, hit the "upsell" on the other side of the optin like everyone does to make coin.

    My clients and I make so much money that way, we almost feel guilty
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  • Profile picture of the author pheonix44
    I used to do just that in 1998 - 2001 or so.

    In fact, it was a healthy little business. We did around 35k a month. It died out though in favor of downloadable information products.

    I do still deliver my °Information Marketing Insiders° courses via binders CD's and DVD's..

    That's because it's huge though and has a higher perceived value at $4000.
    Do you still use this form of advertising as a means to get traffic or build a list?
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    • Profile picture of the author XponentSYS
      Originally Posted by pheonix44 View Post

      Do you still use this form of advertising as a means to get traffic or build a list?
      WHAT form of advertising?

      Postcards - yes
      Classifieds - no

      There's no real reason I don't do classifieds, I just don't
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      • Profile picture of the author XponentSYS
        Originally Posted by HelpingYouBeAnExpert View Post

        Just be careful of one thing most jurisdictions hate freedom for example if you sell in jurisdiction x7 then x7 might send you a letter saying you did business in x7 and owe x7 $4000 dollars so keep that in mind with physical products I know people it has happened to.
        Are you confusing the hatred of freedom with TTAXES.

        I hate taxes too. I paid 6 figures last year. It is what it is though. I still sell stuff.

        Originally Posted by magentawave View Post

        Russell Brunson was pushing the CD/DVD thing a few years ago except his method was used to sell an expensive product. He would offer a "free" CD or DVD plus shipping and handling. Any thoughts on if that technique could still work?
        That works. Done it. May do it again.

        You build the "fulfillment cost" into the S&H. Be care though - it is illegal to build ANYTHING into S&H. If the wrong person takes note, they'll ruin your day.

        That's why we all say PROCESSING and handling
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  • Just be careful of one thing most jurisdictions hate freedom for example if you sell in jurisdiction x7 then x7 might send you a letter saying you did business in x7 and owe x7 $4000 dollars so keep that in mind with physical products I know people it has happened to.
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  • Profile picture of the author magentawave
    Russell Brunson was pushing the CD/DVD thing a few years ago except his method was used to sell an expensive product. He would offer a "free" CD or DVD plus shipping and handling. Any thoughts on if that technique could still work?
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  • Profile picture of the author celente
    some good info here.

    I am not sure if people do it anymore, but back in the day I sold little info products on CD on EBAY for $17 a pop. The markup and profit on these were great. I was doing about $80 - $100 bucks a day, and it was fun too.

    I realised, there was more profit in building a list online, and videos also. And I think EBAY are clamping down on this stuff a bit, but still very lucrative if you mix this, get your buyres, and then put them in some sort of funnel. It use to work really well for us.
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    • Profile picture of the author XponentSYS
      Originally Posted by celente View Post

      some good info here.

      I am not sure if people do it anymore, but back in the day I sold little info products on CD on EBAY for $17 a pop. The markup and profit on these were great. I was doing about $80 - $100 bucks a day, and it was fun too.

      I realised, there was more profit in building a list online, and videos also. And I think EBAY are clamping down on this stuff a bit, but still very lucrative if you mix this, get your buyres, and then put them in some sort of funnel. It use to work really well for us.
      I did an eBay campaign once where we sold a little MP3 player..... with an audio course on it.

      The audio course was a course on how to make money on eBay by selling THIS course on an MP3 player to others on eBay so they too could learn to make money by selling the mo3 players with the course........

      ......... and round and round she goes! LOL

      Oh yeah..... and where did they all get the pre-loaded mo3 players? You guessed it. They all bought them from ME.

      It was an interesting ride for a (short) while... until some "higher powers" (like eBay, PayPal and even the FTC) fired "warning shots" accross my bow.... explaining that there is something called a "self replicating" business model and how such a model is illegal.

      They concluded by basically suggesting that my business LOOKED like one so I should shut it down before they decided to investigate it and determine it WAS one.

      I shut it down - I was lucky to get a warning shot and I knew it.

      Though I didn't realize it then.... my business was similar to that of Frank Kerns... the one for which HE was sued. It was also akin to that of (Gary and Nancy White) The Cookie Cutter/Beginners Central Bootcamp of the late 90s/ early 2000 - which was also gutted by the FTC as a "self replicating" model.

      The things we do when we're young. What a learning experience!
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