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Old 02-05-2007, 06:29 PM $3,000 In 7 Days
imported_WillB's Avatar
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Has anyone seen the recent $7 secrets buzz? Basically a guy is selling
a low priced ($7) report with 100% affiliate commissions after the sale.

It seems to be causing quite a stir.. do you think this business model
will transfer to other niches - say, dog collars or fishing bait?

I think that's a big problem with some high powered "get rich in twenty
seconds by accident" mechanisms we see in Internet Marketing. They
just don't transfer to markets where the customer isn't interested in
getting rich.

Still, definitely a valuable lessons when selling to "money makers".
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Old 02-05-2007, 09:23 PM
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I saw the hype and looked right past it. Not worth my time. There is a $5 report going around in another circle.

Michael
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Old 02-06-2007, 05:19 AM
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I don't think it's all hype. There's definitely a workable business model in
there somewhere.

It's been taught before (100% commissions to build a list of spenders),
but it's never been taught and sold at the same time like this (at least,
never so successfully that I can remember).

I think it's clever because it removes the risk on the buyer - not only is
the product dirt cheap (cost of a latte and a muffin), but they can
immediately start earning that tiny sum back several times over. It's like
getting a free report and a wad of cash.. It's a very strong influence.

I've been trying to work out how we could mix this new strategy with
the older Pay Per Lead (PPL) model that was used with the Death Of
AdSense report a while back. That would take all the risk out of PPL, and
perhaps even make it more attractive to other markets.

Something to do with a OTO after the free opt-in.. then 100% affiliate
commissions after that.
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Old 02-07-2007, 10:14 PM
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ok guys it is a different model totally let me explain.

you have a $997 product ok, you have hundreds of people visit your site, but you might sell 1 or two of them = $997

with this $7 thing is going to sell more - high volume sales becuase of the cheaper price. i.e. more sales same traffic but in the end he would be selling the equivalent = $997 also. So you would be making the same amount anyway. Plus its alot more work doing all the back end, payment processing, refunds etc etc.

A good model idea, but with all the buzz and eveyone saying wow...this is new and different, it makes me chuckle, he is just a good marketer thats all. A good idea, but nothing new. But he must be commended for the way his done it and the word of mouth getting around. A classic example of viral approach too.

The oto was talked about in the butterfly marketing manual - Mike Filsaimes report and it works well I have used it on occasions and it works fullstop. He is such a good marketer and his techniques are priceless.

But I think alot of people miss out on mike filsaimes interviews that he makes about 75% - 90% of all his sales just on affiliates sales. THAT RIGHT! I was totally asstounded when I first learnt of this and went out and created an affiliate program of my own....and guess what happend....YES i pretty much tripled sales litteraly overnight without having to lift a finger.

Just watch and learn how this guys does it and go and apply his strategies to your niche / market. Nothing new just solid marketing strategies. Awesome stuff.

Cheers.
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Old 02-08-2007, 02:02 PM
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The low end pricing is great because it builds the authors customer list
without any extra work, not necessarily because of the sales volume.
The pyramid effect of the 100% affiliate commissions offers exponential
possibilities for the growth of the list.

You're right though, it's all about having good affiliates
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Old 02-08-2007, 03:22 PM
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I went into affiliate marketing and it definately takes a product that converts and a lot of targeted leads... Yea that idea was good and it got me about 6 months ago when someone was selling a 1$ product where after that you needed to pay 400$ to learn the rest... that sucked. But I learnt from getting burned.
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Old 02-15-2007, 08:34 PM
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This question may fare better over at the Warrior board.
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Old 02-22-2007, 12:50 PM
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I think there has to be a viable business model otherwise why would they bother??
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Old 02-23-2007, 02:50 PM
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I once sold a list of wholesale suppliers for a certain hot product for $20 each, made hundreds on information that was readily available to anyone who knew how to search for it. I just put it all in a word document, added some formatting and graphics and PDF'ed it.
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Old 02-26-2007, 04:59 PM
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the only person who makes that much in 7 days is the person selling the information.
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Old 02-28-2007, 12:16 AM
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they are going crazy about these topics at the warrior forum board yeah.

think about back end sales and creating a supreme customer base that is the key for extra sales here that is an important point here.
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Old 02-28-2007, 12:57 PM
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KFleming - initially yes. But once you've had a bunch of your
low end items sold and you've got a list of 6,000 people.. it's
YOU who will be making $3,000 in 7 hours, not days!

The $7 Secrets model has spawned such a huge following,
Jonathan has opened a directory of the offers:
http://bardenmedia.com/link/7dollaroffers
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Old 04-11-2007, 09:18 AM
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Yeah exactly thats the only person who makes, these kinds of things are always around best way is to ignore them.
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Old 04-11-2007, 01:25 PM
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I am doing my own $7 Dollar ebook. I didn’t make $3000 in 7 days but I did build my mailing list really fast. I don’t mind my affiliates making 100% profits if I get to keep the customer list. The list is highly targeted and if you know how to teach the subscribers on your list to be responsive you can make more then $3000 a week.

Heck I don’t mind giving away 100% commissions for a $47 product to my affiliates if in return I get a highly targeted list.
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Old 04-12-2007, 01:17 PM
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Quote:
Originally Posted by WillB View Post
KFleming - initially yes. But once you've had a bunch of your
low end items sold and you've got a list of 6,000 people.. it's
YOU who will be making $3,000 in 7 hours, not days!

The $7 Secrets model has spawned such a huge following,
Jonathan has opened a directory of the offers:
http://bardenmedia.com/link/7dollaroffers
I doubt it, but I joined it anyways...........:blink:
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Old 04-21-2007, 10:37 PM
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I'm another one who saw it and didn't bother with it. There are better ways of learning things than reading the report plus there are more better ways of earning.
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