Rob Toth
10-20-2009, 10:47 PM
No surprise here: it's a skeptic nation out there.
So if you're new gadget or e-book or overall offer starts sounding too good... expect that it may cost you sales.
Tying into that... if your offer can do pretty much everything for your prospect including their dishes and their kids' homework all while automatically earning money for them online... expect that too will cost you sales.
Because there's a portion of any market that feels they have a general understanding of what benefits and bells and whistles they should be getting for their money from similar products. And they have a "reality threshold".. if you push beyond that, they may question "what's the catch?" or claim it's BS.
Case in point... when Colgate Total launched in North America, they took over Crest's market leader position of 3 decades in 1 month. Because they eliminated the pitch for the dozen and one benefits of their formula and focused on "long lasting protection, lasts 12 hours" ... and they changed the more technical name of Colgate Gum Protection to Colgate Total which suggest all encompassing.
However, when they originally launched the SAME EXACT product in other markets (markets where they previously held a stronger market share than in north america) but they did it with the Colgate Gum Protection name and they did it while hitting on the dozen new advanced protection and benefits of their toothpaste vs. Crest, the product flopped.
I had an offer a while back that saw 14% conversions... yes, particularly high. The offer was solid. But I had emails come in asking "what's the catch", "will I be added to some membership" etc. I was losing part of my sales because the offer looked too good.
Similarly, take a look at some of the most amazing and CONFUSING sounding software products and other scripts that get released in the IM world... you know they are powerful, you know they can do a thousand and one things... but you can immediately figure out which of those 1001 cool things applies to you and you may question whether the product can actually deliver on its promises...
This is just a bit of food for thought.
If you have a product that offers 40 amazing benefits... consider created niched sales offers for each (or bundles) of those benefits. Instead of confusing or scaring away a prospect with too many bells and whistles, have landing pages and sales funnels that focus on just X or X and Y benefit vs. all 40.
That's not necessarily the way to go for every product and every launch... but certainly worth keeping in mind especially if you're bringing something very new or advanced to the audience.
So if you're new gadget or e-book or overall offer starts sounding too good... expect that it may cost you sales.
Tying into that... if your offer can do pretty much everything for your prospect including their dishes and their kids' homework all while automatically earning money for them online... expect that too will cost you sales.
Because there's a portion of any market that feels they have a general understanding of what benefits and bells and whistles they should be getting for their money from similar products. And they have a "reality threshold".. if you push beyond that, they may question "what's the catch?" or claim it's BS.
Case in point... when Colgate Total launched in North America, they took over Crest's market leader position of 3 decades in 1 month. Because they eliminated the pitch for the dozen and one benefits of their formula and focused on "long lasting protection, lasts 12 hours" ... and they changed the more technical name of Colgate Gum Protection to Colgate Total which suggest all encompassing.
However, when they originally launched the SAME EXACT product in other markets (markets where they previously held a stronger market share than in north america) but they did it with the Colgate Gum Protection name and they did it while hitting on the dozen new advanced protection and benefits of their toothpaste vs. Crest, the product flopped.
I had an offer a while back that saw 14% conversions... yes, particularly high. The offer was solid. But I had emails come in asking "what's the catch", "will I be added to some membership" etc. I was losing part of my sales because the offer looked too good.
Similarly, take a look at some of the most amazing and CONFUSING sounding software products and other scripts that get released in the IM world... you know they are powerful, you know they can do a thousand and one things... but you can immediately figure out which of those 1001 cool things applies to you and you may question whether the product can actually deliver on its promises...
This is just a bit of food for thought.
If you have a product that offers 40 amazing benefits... consider created niched sales offers for each (or bundles) of those benefits. Instead of confusing or scaring away a prospect with too many bells and whistles, have landing pages and sales funnels that focus on just X or X and Y benefit vs. all 40.
That's not necessarily the way to go for every product and every launch... but certainly worth keeping in mind especially if you're bringing something very new or advanced to the audience.