SOWPub Small Business Forums  
 

Click Here to see the latest posts!

Ask any questions related to business / entrepreneurship / money-making / life
or share your success stories (and educational "failures")...

Sign up for the Hidden Business Ideas Letter Free edition, and receive a free report straight to your inbox: "Idea that works in a pandemic: Ordinary housewife makes $50,000 a month in her spare time, using a simple idea - and her driveway..."

NO BLATANT ADS PLEASE
Also, please no insults or personal attacks.
Feel free to link to your web site though at the end of your posts.

Stay up to date! Get email notifications or
get "new thread" feeds here

 

Go Back   SOWPub Small Business Forums > Main Category > SOWPub Business Forum
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

SOWPub Business Forum Seeds of Wisdom Forum

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #2  
Old August 29, 2016, 11:46 PM
GordonJ's Avatar
GordonJ GordonJ is offline
Administrator
 
Join Date: Aug 2006
Location: West Palm Beach, FL
Posts: 3,483
Default Today, I wouldn't sell half that information for less than 495.00

Quote:
Originally Posted by Dien Rice View Post
Many years ago, Gordon Alexander wrote the report "Remote Influence"... We both sold it together, as a joint venture...

We found it resulted in a shocking experience!

We started selling the report at $12... With a full money back guarantee.

Of course, we got some people who said it wasn't for them, and wanted the refund (which we gave).

Then, we bumped up the price, I think to around $22 or so. Interestingly, while the volume of sales were lower, the profits were higher... And people asking their money back reduced too!

Finally, Gordon said - why don't we try to sell it at $49?

So we did...

Profits went up again...

But the shocking thing was, at the higher price - virtually nobody wanted their money back!

Why did this happen?

I think, when you have a higher priced product, you also get a different "class" of customer...

Some people are going to ask for a refund, no matter whether they liked the product or not. (They just wanted the product for free in the first place.) However, it seems that as the price goes up, these "freebie-seeking" customers stop buying... (Which is actually good, since they're not profitable customers to have anyway.)

It's a good experience to keep in mind!

Best wishes,

Dien

The Original Remote Hypnosis had to be redacted like an FBI file on Trump, it contained that much secret info.

Remote Influence, needs updated, broken down and is probably at least 5 products today.

AND, now, today, I have only have one, looking for a min of one million, something in the Panic Room or DEJAVU range would work.

Any Hollywood types out there?

GordonJ

PS. I don't know the answer but, what do you think is the highest amount of money paid for the fewest words written (not memorbilia or ephemera) ??

Maybe a speech writer or business idea?? Great concept, fewer words-more moolah!
Reply With Quote
 


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Other recent posts on the forum...


Seeds of Wisdom Publishing (front page) | Seeds of Wisdom Business forum | Seeds of Wisdom Original Business Forum (Archive) | Hidden Unusual Business Ideas Newsletter | Hotsheet Profits | Persuade via Remote Influence | Affia Band | The Entrepreneur's Hotsheet | The SeedZine (Entrepreneurial Ezine)

Get the report on Harvey Brody's Answers to a Question-Oriented-Person


All times are GMT -4. The time now is 04:09 PM.


Powered by vBulletin Version 3.6.0
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.