Saying “No” is Sexy Part Two: Size Doesn’t Matter

Lately, I’ve been hearing a lot of backlash from info-marketers, coaches and others that follow the “freebie opt-in” model to build their lists. In my previous post, I mentioned a new opt-in gift I created for my own list that I think will benefit them, AND will help grow my marketing list at the same time. To be clear, I do not have a problem with the freebie opt-in model. In fact, I encourage it with many of my new clients as a safe, simple way to encourage people to build the “Know, Like and Trust Factor” with their potential customers.

But these “back-lashers” have started complaining about the ROI, “smash and grab” and generally grumbling about how free isn’t really free, because ultimately someone is paying – either for the time to create the freebie, to sustain the giveaway, or on the back end when there’s an upsell.

To me, that’s a red flag that someone isn’t being sexy in their business. They’re saying “yes” because it’s the thing to do, instead of doing it because it’s what they want to do.

In Gary Vee’s book, Crush It, he makes a comment about how he starts his video show the same way every time, and because of that, he loses a percentage of his potential audience because they don’t like his opening. As a business owner, it drives him nuts that he could have more people watching, but he chooses to stay the course because it’s being true to who he is.

Gary’s being sexy by saying “no” to normal and saying “yes” to memorable.

I have my own confession: my list is not large. I don’t have umpteen gajillion followers on twitter. And I’m happy with that. Would I love tens of thousands of people? Maybe. But the thousands that I do have know me, like me, and trust me enough that they spend money with me regularly. My list is incredibly responsive and on twitter alone, I averaged about $15 for each follower I had in 2009. I’m not bragging here. I’m illustrating a point.

When it comes to lists, size isn’t as important as responsiveness.

And yet, it’s the same mentality we’ve been seeing from online marketers. Put your free samples out there, start raking in people, and see who shakes out and who sticks.

Others charge for everything and wouldn’t think of giving away a scrap of their information. I had a teleclass guest once tell me that everything that she says is under copyright the minute it comes out of her mouth. She was so concerned about getting credit for her work, that she was making herself look foolish on the call. Needless to say, I won’t be asking her back any time soon.

Neither option is the be-all, end-all. In fact, I think there are times where both are appropriate. To me, though, you shouldn’t grump and complain when you get the expected results from the work you do.

If you give something away for free, there will always be a trick-or-treater/tire kicker that just wants the free stuff. It’s the nature of the beast. Don’t begrudge them the very thing you’ve offered them. If you don’t feel good about giving it away to everyone and getting nothing in return, you probably shouldn’t be giving it away in the first place.

That’s what happened with our Super Summit. Our very first event was completely free, with the option to purchase the MP3′s after you registered. Right away we had problems with people that signed up, got the dial in number and unsubscribed. It made it difficult to contact them to share bonus content, etc. But instead of grumbling, I figured those just weren’t the kind of people I wanted to work with in the first place.

Now we charge a small admission fee, and while we don’t get as many sign-ups as when it was free, that minimal barrier to entry has resulted in more qualified customers, better conversion rates, and happier people all around. I feel good that everyone that registers will get an amazing value for their paltry investment (and they do), and customers are ecstatic that they only had to pay a few bucks to get such good, pitch-free content.

Another incredible thing that happened was that fewer people were asking for concessions on the event. At the first summit, we had dozens of requests for free access because someone couldn’t make it live to a call. People asked us to make the calls available for individual purchase so they could just buy the ones they missed. Dozens of people already getting free content asking for more free content.

Really? Um. No.

We tried the individual purchases at our last summit – and sold one. One copy of one audio. Aside from the amount of effort we put into creating the individual products, the demand just wasn’t there. So we didn’t do it this time. Instead we kept the registration fee low, and offered early bird pricing for any audios purchased before the event.

You’d be surprised how many people turn down virtually free content just because it’s not free.

And that’s okay with me.

Because the ones that say “Yes, my business is worth $3″ are the people I want to work with. They’re the folks that recognize the real value of the content – and will probably put it to good use. They’re the folks who recognize that you can’t spend $3 to talk to ANY of the people at this event, but they can listen to all of them share their great ideas for next to nothing.

And this time, I’ve had less than five people play the ‘poor me’ card and ask for free access to audios for the event.

And that’s okay with me.

So while this event may not add tens of thousands of people to my list, I DO know that the folks that are signing up want what we’re sharing with them, and are willing to shell out a few bucks to have access to the content.  It’s not about the number of folks – it’s their effectiveness, responsiveness, and VALUE to me as a business owner that matter much more.

But I still have my free weekly ezines and my opt-in freebies. I still have a marketing ‘funnel’, if you will. And that’s okay too. Some people are very leery when it comes to spending even $3 with a total stranger. So we feed them a little info from time to time, and encourage them to get to know us so they can make an educated decision. Frankly, if you don’t know me, like me and trust me enough to spend $3 with me, I don’t WANT your money. I want my customers eagerly whipping out their wallets because they know in their core the value I provide. They know that any investment I ask of them will return ten to a hundred-fold. They know that it’s not a cost, it’s an investment and they’re willing to make that investment – not in me, but in themselves.

That’s the kind of list I’m building. It may be smaller than some, but it’s mightier than others.

And that’s okay by me.