Apr
23
Should I Buy This?
Over the last year and a half, it has often seemed to me that instead of being in the business of marketing, I am in the business of buying information products. Audio classes. Ebooks. Courses. Seminars. You name it, I’ve probably bought it.
Add to that the fact that I actually do SELL information products for a living, I know a lot about digital shit.
One of the most frequent questions I get is, “Should I buy this?” Sometimes they’re asking about my own products, sometimes other people’s. As I know The Havinator and the handsome Mr. Navarro get this question all the time, too, I figured I’d do a little public service announcement. Then everybody can link to it from their sales pages and save their customers a shitload of time. Doesn’t that sound fun?
So… Should I Buy This?
Here are the things to consider:
Can you use the information NOW?
One of the reasons so many business and internet marketing products are available exclusively as digital downloads is because they are available NOW. In many cases, the information being sold does not have a shelf life long enough to be sold via a traditional publisher. (If I write a book on Google AdWords, it’ll take a traditional publishing company about two years to get it to market. By that time, Google AdWords will have changed so much that the information will be useless.)
Is the information targeted and relevant?
One of the other reasons e-publishers go with digital production instead of traditional means of distribution is that there is virtually no overhead. If I wanted to write a book on Facebook marketing for service providers, I could probably sell 500 copies. That would make me a fortune, but it would be worthless for a normal publisher. They need broad appeal. E-stuff is great when it can be targetted to what YOU need. So consider if this is something great for you, or if you’d be better off going to the library and perusing.
The Havinator is doing a new course on how to get killer testimonials. Can you find that on the shelf at Barnes and Noble? No? Then it’s probably worth a buy.
How do you define value?
If you find ONE piece of information in Online Business School that nets you ONE more client, and a new client makes you more than $400, you made your money back. But the beauty is, you don’t stop knowing the information. You can use it over and over. So if it gets you one new client a MONTH, I basically handed you a printer and told you to start printing twenty dollar bills.
So consider… is it likely that you can glean at least one useful piece of information from the product? Then it’s probably worth it. BUT…
Will you actually DO it?
Info products are about INFO. Info that you should probably, you know, use. I’ve never bought an info product that didn’t have SOME useful information. But you gotta do it.
Are you expecting a miracle?
A lot of newbie buyers think a product is a waste if they can’t use parts of it. This is insanely dumb. It is also, for some reason, a rule they apply only to downloadable products. If you like half the songs on an album, that doesn’t mean you don’t buy the album. It means you don’t listen to some of it. If three chapters of a book aren’t applicable, you skip them. See the value thing, above.
If you expect info products to be the solution to all the world’s ills, you will always be disappointed. If you expect them to make two or three times their price back for you, you’ll be a lot happier.
When I bought Emergency Calming Techniques, I looked at the book for about forty seconds. I didn’t use it. Ever. But the audios were a dream come true. I’m a happy customer.
Do you trust the provider?
If you buy my book and hate it, you probably know a lot of other people who read my blog. You have recourse. You can trash me to high heaven. Knowing that, I try not to create crappy info products. If you’ve never heard of the seller and you’ve never heard of anybody who’s heard of the seller, you don’t have a lot of personal recourse and that’s kind of a shitty place to be.
(As a publisher of these things, I would like to give a small caveat. If you buy something and it doesn’t work, there are a lot of possible reasons. They’re probably not out to screw you. And if the thing that doesn’t work out happens while the publisher’s wife is having a baby, you might not get a great response time. Please give them a week or so to reply before you eviscerate them on your blog. People make mistakes and things happen. Like Jamie says, never attribute to malice that which can be equally explained by stupidity.)
Can you get your money back?
All that being said, if you feel like it’s a good fit, the only real thing you need to know is if you can get your money back. If so, and you think you might like it, give it a shot. Can’t hurt. Between the publisher’s refund policy, your credit card’s charge back policy and PayPal’s refunds, you’re unlikely to be totally fucked.







I think this is the most important piece:
“Info products are about INFO. Info that you should probably, you know, use. I’ve never bought an info product that didn’t have SOME useful information. But you gotta do it.”
People expect a digital download to be some kind of problem solving ambrosia from Olympus. They aren’t. At best, they are roadmaps that will help you get from point A to B. You’re still responsible for the mileage.
@ Writer Dad — “Some kind of problem solving ambrosia from Olympus.” That is awesome. There’s a tagline in there somewhere. Not mine, sure. But someone’s. :)
Great job on the new site, btw. I was looking forward to seeing it, and supercool.
I have totally noticed the “buy it and not use it” phenomenon — even with free downloads, where all I “paid” was my email address.
I think another good way to think about it is: Am I buying this info product as another thing to read/do before I do the really important thing, or do I really think this info will help me get off my ass?
There’s something odd about asking “Should I buy this?” to the person who wants to sell it to you. It’s great they trust you, but sheesh, what are you supposed to say? “No, I really don’t need to eat this week”?
I totally agree with Jamie. Most people aren’t out to get you, they’re just too stupid to know any better.
Good post. I need Havi’s testimonial product, but wasn’t sure about spending the money. You helped me see that I couldn’t afford not to get it. Since, I need it NOW. Thanks. :)
Thanks for this… I came to the realisation a couple of weeks ago that I actually enjoy information products for their own sake, and I was in danger of using their utility to justify what was in effect a luxury purchase.
I’m not sure at what point I started watching marketing seminar videos for fun, but I’m sure I’ll get over it in a decade or two. Hey, they say acceptance is the first step to recovery :)
The “will I use this” is the most important test. At least half of the business owners I speak to know what to do, they are just having a problem doing it. That’s why, if you’re selling stuff like coaching & training to people, I think it’s vital to ensure they have the time, energy and commitment to follow through with the stuff – otherwise you’re just filling up their head with more things to feel guilty about not doing.
I very, very nearly bought PLF 2.2+ last week because I think it looks amazing, but I’m overloaded enough with other stuff as it is, and deep down, I know I’m better off making the most of the stuff I know already first. So I’ve marked on my calendar for PLF’s next release and made a promise to myself to clear my workload down so I can enjoy it and use it then.
I really need to get out more.
Ha, Iain! (If you’re going to get a $2K info product for the entertainment, though, you might want to consider Mass Control instead. Of course Jeff will strangle me if he sees this.)
@sonia – oh, I’m planning on getting Mass Control, as well, of course. And John Carlton’s stuff too while I think about it. Told you I need to get out more!
Man, I’m so glad my (non-marketer) wife and I keep separate finances. I can just imagine her reaction to seeing a 2K bill for “Mass Control” show up on her bank statement. I’m not sure the “but it’s an investment” line would wash.
Actually – I’ve heard that line before. Isn’t it the same thing people say to themselves after they’ve bought a sports car, which promptly halves in value? :-P