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Monday, June 9, 2014

365QOD- Day1219

Shipping and Handling

“I will send you my book for free if you pay shipping and handling.”- selling idea

Today I got a video for a book.  The book was of interest to me.  The author said that he will send me his book if I only paid the shipping and handling.  I did.

Afterwards, I wondered why shipping and handling is $6.95?  Based on the size of the book, the self-published book cost is most likely about 2-3 dollars.  Can shipping cost about $4?  I will definitively notice the cost when the shipment comes in.

Suppose the cost is $4.  What that is telling me is that the book cost and the shipping cost are absorbed by me and not the author.  He gets no profit or minimal profit.  But what he does get is advertising and the idea that if you like this one product he not only captured your email address but can also supply you with additional products for a higher profit.  Not a bad idea!

I have bought another book a month ago that fit this model.  Even though I am writing this post, I have no issue with it since my cost is pretty minimal and I get to learn something new.  It is self-education on topics of interest to me.

Today’s question is:

“What can you give away at cost that can serve as advertising for your other products?”

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