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by SMrF
4698 days ago
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Usually these "lessons learned" posts are very hand-wavy and hard to relate to. But this post has some great tips and the author sounds like me, just a regular person trying to sell a product. I also think that building something beyond your authority is a really common failure pattern more people should be aware of. |
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I agree about the last lesson indeed (not having enough authority). Also, something that was discussed on the 30x500 alumni list, was that the trust you have to inspire to your followers in order to sell a product at $300 is much higher than if you sell a $20 ebook. Hence, all other things being equal, it's better to start with a lower priced first product.
That's also something explained very well in the Book Yourself Solid book (http://www.amazon.com/Book-Yourself-Solid-Reliable-Marketing...).
You first need to build trust with free stuff, then cheap education products, then more and more expensive products or services (in the case of the book's author, 1-to-1 coaching). Very few people are going to buy something expensive from you if they don't know you. Most often they'll consume the free stuff first, then move on to your cheap product, etc.