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A Simple Test to Validate the Success of One-Shot Products
Permalink: http://daily.mequoda.com/i//internet_marketing_strategy/simple-test-to-validate-success-one-shot-products_252-1.html
By Kim Mateus , Managing Editor Mequoda Daily and Library Despite fluctuations or improvements in the Mequoda Method as a whole, the Mequoda Media Pyramid remains its core—a pyramid in which the foundation is the means by which you draw prospects into your customer base, or Internet hub and build relationships. Then, level-by-level, you monetize those individuals by pushing them up the pyramid to product levels that are increasingly more valuable to them and certainly more profitable for you. If you take a close look at the Media Pyramid, you'll notice we list subscriptions and products as two different things. When we say products, we are referring to non-renewal products: books, eBooks, CD-ROMs, DVDs and other one-shots. If you question the value of one-shot products sold online, try this simple test: offer the same item as a renewable and a non-renewable product.
Our research shows that the response rate will be significantly higher for the one-shot. Human beings, it seems, don't like commitment. Of course, we encourage you to run your own test. If you already have run this test and have feedback, please post your comments below!
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