Notification of payment received…
Now the above word must get you really excited everytime you log in to your Paypal account or email and see a sale. This is what exactly happened to me. I don’t think I have ever made so many sales from a WSO in just a day from a $5.00 product..
My WSO went live on Friday morning and from the moment it went live it literally exploded. I also emailed my list in regards to my WSO which must have helped with the flurry of sales…but this has actually made me realise something..
If you offer people a quality product at an affordable price – they become your biggest fans and become “addicts” of your products.
This is the exact same thing that happened with my previous WSO product – the movie script. I priced it low first then eventually increased the price.
If you ever walk into Wallmarts and buy a quality item at a cheap price – you will know you will get value for money.
In the UK there are two leading stores – Marks & Spencers (which is one of the biggest brands in the UK) and there is Primark (a low cost company that provides its products at a low price).
Guess which one’s make the most money?
Primark!!
So I used this exact business model and applied it to my WSO – and guess what happened?
Hundreds and Hundreds of people bought my WSO at $5.00 (and I have not even increased the price).
So the main point I am making is that always test the market – give them value for money, never over price your product and put your customer’s needs first..
I am going to relax now
12. December 2009
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