October 2, 2006
Giving it away is a good investment
If you have ever tried to introduce a new product or service, even one that your customers need or want, I’m sure you have found it to be a stress-inducing, difficult process. Unless yours is an industry that relies on new products like the fashion apparel industry or you are introducing a very inexpensive item, your prospects, even those who have purchased from you in the past, will be weighing the risk / reward ratio. In fact, many new products have gotten off to a very slow start or never reached a sustainable level of sales because the target market felt there was too much risk associated with purchasing an untried, new item. If your prospects don’t see the balance between risk and reward as highly skewed towards the “reward” side, they may not purchase in the beginning, when it is crucial to get it out in the marketplace. Read more
















