CJ 
Alpha Male
Posts: 1,303
Joined: Aug 2009
Reputation: 34
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| 04-28-2011 04:48 PM |
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mho 
Unregistered
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RE: Pricing my product
If anything, I think the most important consideration is establishing yourself as an expert, much like how Roosh is considered an expert at game. Pricing, or more accurately sales will take care of itself once you have the credibility. The difficulty will be in the credibility; testimonials, your own experience, all that stuff is great, but time is probably just as important a factor, as are 'rubs' from other credible sources for this type of information. I think your experiences are rather unique, so your product will be as well, and there is certainly a market for this, but again, I think credibility will be your biggest challenge.
Why do I say this?
I did a startup in NA with a new product that was 10x superior version to what was currently available on the market. It was a consumer/enterprise hybrid, and we actually offered it for free to the decision makers, and we had a dedicated sales team pushing this. Even with all those advantages, the biggest pushback we got was credibility, over and over again. If selling a free product in person is hard, imagine how tough your situation will be without it. Build credibility, start today (sounds like a bad infomercial) in the public domain, like your website, which seems not to have been updated for a while, and focus your efforts on places other than forums like this with a very limited supply of your target audience.
At least, that's what I would do given my experiences.
And for the record, I do think your method works, I've had 8 internships in my university career so I can see your methods have the ring of authenticity. I'm just not sure your main concern should be pricing at the moment.
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| 05-05-2011 08:03 PM |
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OSL
True Player
Posts: 1,917
Joined: Aug 2009
Reputation: 94
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RE: Pricing my product
(05-05-2011 08:03 PM)mho Wrote: If anything, I think the most important consideration is establishing yourself as an expert, much like how Roosh is considered an expert at game. Pricing, or more accurately sales will take care of itself once you have the credibility. The difficulty will be in the credibility; testimonials, your own experience, all that stuff is great, but time is probably just as important a factor, as are 'rubs' from other credible sources for this type of information. I think your experiences are rather unique, so your product will be as well, and there is certainly a market for this, but again, I think credibility will be your biggest challenge.
Why do I say this?
I did a startup in NA with a new product that was 10x superior version to what was currently available on the market. It was a consumer/enterprise hybrid, and we actually offered it for free to the decision makers, and we had a dedicated sales team pushing this. Even with all those advantages, the biggest pushback we got was credibility, over and over again. If selling a free product in person is hard, imagine how tough your situation will be without it. Build credibility, start today (sounds like a bad infomercial) in the public domain, like your website, which seems not to have been updated for a while, and focus your efforts on places other than forums like this with a very limited supply of your target audience.
At least, that's what I would do given my experiences.
And for the record, I do think your method works, I've had 8 internships in my university career so I can see your methods have the ring of authenticity. I'm just not sure your main concern should be pricing at the moment.
Thank you for your response Mho. Coincidentally I am providing free consultations to about ten people right now and leading them through the process. They've all agreed to give me testimonials in one form or another.
Also, yes, rooshvforum is definitely not the main target of my efforts to network and gain brand equity. I rely on Asia expat forums, linkedin, international career forums, and other related sites to gauge interest and get feedback. I just post here so guys might get some insight on my strategies and techniques, not necessarily to milk it for potential sales.
Outside of getting testimonials I want to give guest lectures at places like embassies, chambers of commerce, universities, and other such social-proof bearing organizations.
(This post was last modified: 02-10-2016 03:48 PM by OSL.)
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| 05-05-2011 09:16 PM |
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mho
Unregistered
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RE: Pricing my product
(05-05-2011 09:16 PM)youngmobileglobal Wrote: (05-05-2011 08:03 PM)mho Wrote: If anything, I think the most important consideration is establishing yourself as an expert, much like how Roosh is considered an expert at game. Pricing, or more accurately sales will take care of itself once you have the credibility. The difficulty will be in the credibility; testimonials, your own experience, all that stuff is great, but time is probably just as important a factor, as are 'rubs' from other credible sources for this type of information. I think your experiences are rather unique, so your product will be as well, and there is certainly a market for this, but again, I think credibility will be your biggest challenge.
Why do I say this?
I did a startup in NA with a new product that was 10x superior version to what was currently available on the market. It was a consumer/enterprise hybrid, and we actually offered it for free to the decision makers, and we had a dedicated sales team pushing this. Even with all those advantages, the biggest pushback we got was credibility, over and over again. If selling a free product in person is hard, imagine how tough your situation will be without it. Build credibility, start today (sounds like a bad infomercial) in the public domain, like your website, which seems not to have been updated for a while, and focus your efforts on places other than forums like this with a very limited supply of your target audience.
At least, that's what I would do given my experiences.
And for the record, I do think your method works, I've had 8 internships in my university career so I can see your methods have the ring of authenticity. I'm just not sure your main concern should be pricing at the moment.
Thank you for your response Mho. Coincidentally I am providing free consultations to about ten people right now and leading them through the process. They've all agreed to give me testimonials in one form or another.
Also, yes, rooshvforum is definitely not the main target of my efforts to network and gain brand equity. I rely on Asia expat forums, linkedin, international career forums, and other related sites to gauge interest and get feedback. I just post here so guys might get some insight on my strategies and techniques, not necessarily to milk it for potential sales.
Outside of getting testimonials I want to give guest lectures at places like embassies, chambers of commerce, universities, and other such social-proof bearing organizations.
Oh yeah youngmobileglobal.com is dead, I dont update it anymore. I"ve got a new one being built right now that is totally unrelated.
Sounds like a good plan. You may also want to look at how Seth Godin and Tim Ferris built their followings, because you're selling a very similar product and while I don't know Seth's story, I do know Tim had what at that time was an innovative strategy, which was to meet prominent bloggers in person at conferences and such, make friends with them, up to a year in advance of the launch of his first book, and basically have them promote him when the book was launched. Have fun!
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| 05-06-2011 10:55 AM |
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