Why I Just Fell Out
of My Chair
of My Chair
I just opted into the email list of a well-known
marketer to get his 3 productivity secrets, and I noticed a couple of important
points:
First, he never, ever mentions that you are getting a
report. He simply refers to what you’re getting… 3 productivity secrets.
Some people, especially in the online marketing world,
don’t attribute a very high value to reports, so this makes good sense.
Second, this report is a lead-in to his real product
which is a productivity course. He tells you about this course on the, ‘We’ve
sent you the link, check your email’ page, in the email itself, and again on
the download page.
Each time he mentions the course, he also tells you
to, ‘Use PromoCode: SMPL1234 for a very special surprise at checkout.’
By the time I’d seen this promocode 3 times (thank you
page, email, download page) I had to find out just how much of a ‘very special
surprise’ this might be. Frankly, I thought maybe he was giving away the
product for almost nothing.
But clicking on the page, I realized it was a course,
not a pdf as I’d imagined. No sign of a price on the sales page, so I clicked
over to the checkout page and fell off my chair.
I was expecting something under $50, or maybe even
free.
But it was $997.
Getting back into my chair, I inserted the promocode,
thinking it might take the price down drastically.
It cut the price in half.
Now, normally this might be terrific. But the value of
the course had not been built up enough, at least for me.
From the title of
the product and the short description, I was expecting a PDF of less than 100
pages. This is not a difficult subject, and there are tons of books on the
subject of productivity on Amazon for less than $20.
Instead of being a
book, it was a series of 20 videos. And while I’m sure there are people who
prefer videos, I just don’t have the time or inclination to download and watch
20 of them. It’s not going to happen.
And here’s where
it went really wrong for me personally: Because there was no price on the sales
page, I barely skimmed the page before clicking the add to cart button to find
out how much the product was.
Hence the falling
out of the chair reaction. I think I even clutched my chest, and I know I
audibly gasped.
The value simply had
not been built for a $997 product.
This
marketer must be crazy, right?
Nope. While the offer
was most definitely not for me, I happen to know that this particular marketer
knows his stuff.
He’s been doing this
for 20 years. He tests everything. He’s made millions. And if this didn’t work
for him, he wouldn’t be doing it.
Consider how many
sales he would need if the price were $20, versus $500.
He’d need 25 sales to
equal $500. In his testing, he must have found that it’s easier to get one $500
sale than 25 sales at $20.
What’s the lesson
here?
Test everything. I
would have guessed that $20 or so would be the right price point. I also would
have guessed that putting the price on the main sales page would be a good
thing.
He found out
otherwise, by testing.
Placing the offer in
3 places in quick succession with the promocode worked. It got me to the sales
page, didn’t it ? And I wasn’t even all that interested in the topic – just
curious, really.
He could have broken
that price down to the ridiculous and put it in the headline, such as $1.37 per
day. That might have kept me satisfied long enough to actually read the entire
sales page. I wonder if he tested this.
One last thing… when
you are joining lists of fellow marketers, carefully watch the process being
used to get you onboard and purchasing.
You’ll get ideas, tips and tricks you won’t find in any course. Take into consideration the experience of the marketer – the more experienced they are, the more you can trust that what they are doing is working. Make notes and incorporate the pertinent ideas into your own business, testing everything along the way.
To Your Success Online
Steven Morton
Founder-Marketing Mastermind Tips
https://www.facebook.com/stevenmorton1964/
https://twitter.com/Marketing_Tips2


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