You are interested in purchasing
a brand new fly fishing rod! You hunt high and low and you
find the fishing rod of your dreams. This is the perfect fishing
rod… one that you refuse to go home without!
After shopping around, you find
four stores which are selling the fishing rod for about the
same price. They are all within $5 of one another with one
minor difference: one of the stores is offering a free eBook
entitled "Learn How To Fly Fish In 10 Minutes Or Less!"
as a free bonus with the purchase of every new rod!
Now this is a pretty easy decision
to make! You are going to make your purchase from the store
who is offering the FREE lessons on how to use this beautiful
new fishing rod!
And what did it cost the store
to offer this Free Bonus? Zilch! Zip! Nadda! Not a single
red cent! Other than the initial cost of creating and compiling
the information into an eBook, there are absolutely no other
costs associated with sending out this free bonus eBook. So
at no cost, this store has given themselves the competitive
edge they need to close sales!
In today's marketplace, something
as simple as an eBook could very well be the boost you
need to close sales without cutting into your
ever-narrowing profit margin.
One
of the most common questions that we receive when we suggest
this "Free Bonus" technique to our students is…
"How do I determine the
value of the free bonus which I am giving away with my product?"
The
answer is simple: How much is the information you are giving
away going to help your customers? How is it going to
benefit your customers and is this benefit going to save your
customer's time or money?
If you
were giving away an eBook that contained information on increasing
your car's fuel economy -- information that was going to save
people an average of 10 cents per mile, based on an average
of 2000 miles driven per month -- you would be saving your
customers $200 each month... $2400 each year!
You have
now created a perceived value of $200 a month... or even $2400
a year!
What
is this worth to your customers? How big is the problem that
you are going to solve for them? How much easier is it going
to make their lives? If you can determine the value of the
benefit in time or dollars, you can create a perceived value
that can be broken down for your customers anytime!
Keep
in mind, however, that you should never just make-up a value
like "Save $1,000,000 Each Year..." This will only
get you into trouble! Trust me -- customers will question
this perceived value and you need to be ready with an answer.
It will make the difference between instantly closing the
sale or destroying your credibility forever!
We have
personally proven, time and time again, that by adding Free
Bonus eBooks to the sale of your products, you will not only
increase the perceived value of your product, you will
also skyrocket the percentage of sales you close!
The
costs involved in producing a bonus eBook are almost nothing...
Particularly when compared to the substantial increase in
profits that you'll experience using this simple technique!
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