Comments on: Think Pennies…Get Pennies

By: used tires

used tires — Tue, 16 Jun 2009 23:31:44 +0000

Hmm I don’t know if everyone has the same sentiment that the results they are seeing are equal to what they desire. I feel that most people are looking to earn more then what it is they have at the moment. I think many people also limit themselves in terms of their frustration, and basically giving up. You are right that people have to convince themselves that they can do it, and that they are more then capable of making it big. Think outside the box, outside what you think others want. Yes many people think that the more expensive stuff has more quality, and they buy that pricey stuff as a result.

Till then,

Jean

By: curiousman

curiousman — Mon, 18 Aug 2008 00:35:38 +0000

Great post, Max. I need to start create an expensive product. (Thinking what it will be)

By: Amanda Proctor

Amanda Proctor — Sun, 18 May 2008 02:33:55 +0000

Great post, Max. I will remember this when I create my first product.

By: 2ThePoint

2ThePoint — Sat, 17 May 2008 20:06:55 +0000

I’m trying to get my head out of thinking that way. It’s a journey in itself. Sometimes I’m good at it, sometimes not.

I guess part of it for some might be the whole fear of thinking if you charge too high, people might not come (but I guess the people you put off might very well be the people you don’t need. They might have their own unhealthy issues with money).

Thanks for the post.

take care…

By: Paul Piotrowski

Paul Piotrowski — Wed, 14 May 2008 17:02:30 +0000

Great post, and so very true. How would you advise we price our 125×125 ads to attract sales. Meaning, lets say we have a blog that has X amount of traffic, and we see a different successful blog selling their 125×125 ad for $500/month and they have 50*X traffic, would we not price our ads at around $10-$20 considering we only provide 1/50th the exposure?

Or would you suggest just pricing it at $100 or higher to start with?

By: Mandy

Mandy — Tue, 13 May 2008 19:45:59 +0000

wow, you know I’ve never thought of it like that before. You have a very refreshing and positive outlook on things – and it’s infectious!

By: Max

Max — Wed, 07 May 2008 18:41:08 +0000

@ David – I wasn’t saying you had to spent money to make money (especially money you don’t have). That’s a recipe for disaster. What I was saying is that just because you might not have $100 to spend on an ebook doesn’t mean your customer doesn’t. This post was meant to explain that you shouldn’t be afraid of creating a $100 product just because you wouldn’t be able to afford it yourself. As long as it has value, people will pay for it. I didn’t mean for it to sound like you needed to spend big to think big.

By: Mr MultiVar

Mr MultiVar — Wed, 07 May 2008 13:09:50 +0000

@david – sorry David I don’t like to use the poke-in-the-eye @ symbol but it seems like you have a problem getting traffic to your site.

When you post to blogs, it’s essential to include the URL of your site in the posting form, even if it is a scummy no-follow link. I noticed that you neglected to do this.

By: Mr MultiVar

Mr MultiVar — Wed, 07 May 2008 12:46:06 +0000

This is an interesting post Max to help people that never made much money online to value their products and services correctly.

I have discovered that some people want things for free and others have no problem paying $100′s for something. I personally found it hard to quote high prices by worrying about losing business, but magically, the customers accepted. When one thought the price was a bit on the high side, I simply discounted the price by a $100 and made it up later by selling them some extras.

I’m not thinking really big yet since I need to make regular income. I guess if you are stuck in a job, you can focus on a quit-your-job big project since you can afford to not make any money for a few months as you build?

I have 3 products almost ready to go so I hope to finally get away from the Adsense and affiliate small change income this year.

Best wishes to all the other readers here in achieving success in your business!

By: Mike Huang

Mike Huang — Wed, 07 May 2008 06:14:32 +0000

I spoke to Max from SiteHoppin about this before and he told me the same thing. You have to think big and that is what brings in the dope.

Excellent post Max. I think I may have to up my advertising costs just to attract big time bloggers or companies.

-Mike