June 9, 2008

How To Avoid The Temptation Of The Latest Product

If you're like the majority of people who are involved in internet marketing, you're signed up to a whole bunch of mailing lists where you get offers trying to sell you something daily.

Some of these offers can be pretty tempting, but the products don't always live up to the sales pitch.

If you find yourself constantly buying the "latest and greatest" product, only to find out it doesn't work as well as they said (or worse - to save it on your hard drive and never read the whole thing, let alone implement it) here's a simple way to overcome the impulse purchase habit, courtesy of the No Credit Needed blog:

The $100-A-Day-Rule Prevents Impulse Buying

That blog post is not specifically talking about products in the internet marketing niche, but it's just as relevant here as it is at your local electronics store (or whatever your vice happens to be).

Next time you're tempted to buy something, think about it for one day for each $100 it costs. If it's a $97 product, put it off until tomorrow and see if it still seems as important then. If it's one of the bigger launches, let's say $1497, give it a couple of weeks to think about it.

These high-ticket products are usually sold with a big launch and a limited number or deadline. But you can generally get a pretty good idea of the cost during the launch hype, so you'll have plenty of time to think about it.

Plus, most of them have a few spots open up several days after the launch sells out (assuming it does), so you can usually get in on it then if you decide it's right for you.

And the worst case may actually be the best - you miss the deadline and don't get to spend your $1500. Instead, you can continue to focus on the work you have already started and put that money towards something that will help you reach the goals you're already working on.

Filed under How To's by John

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Comments on How To Avoid The Temptation Of The Latest Product »

June 10, 2008

Tom - IncomeDiary.com @ 2:50 am

That is a great idea. I am an impulse buyer so I will have to test this out :D

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