Why so stubborn?

My life for the past two decades has been shaped in many ways by information I’ve come across on one single website.

I’ve made health decisions, career decisions, and even decisions about personal beliefs, all thanks to this one website, or rather, to resources I’ve found via this website.

That website is Google no just kiddding.

That website is Hacker News, a kind of precursor to Reddit, which, unlike Reddit, has managed to keep its quality by refusing to go after quantity.

Lately, for some reason, I’ve found myself not going on Hacker News as much as normal.

So this morning, right after correctly guessing the Wordle of the day (in five guesses, Which worldle informs me is “GREAT”), I purposefully went to see what’s new on Hacker News.

And as often happens, I was rewarded. Because one of the top posts on Hacker News today is a link to an article with the headline:

“The feds are coming for John Deere over the right to repair”

In a nutshell:

x1. Tractor maker John Deere has made its new computerized tractors largely unrepairable by customers. This means the tractor has to go back to the factory for repairs. This is nice for John Deere, but expensive for customers, both in terms of time and money.

x2. As a result, John Deere customers have been complaining… the market for used tractors has been booming as farmers seek an alternative to buying new John Deere tractors… and now, even the federal government is after John Deere, for possibly violating Section 5 of the Federal Trade Commission Act, about deceptive or unfair practices in commerce.

And yet, in spite all this, John Deere continues to refuse to make its tractors easily repairable by the buyer.

Which really begs the question, why?

Why be so stubborn, and work against what both the market and the very powerful federal government want you to do?

The only answer that comes to my limited mind is:

Because locking in customers in this way is good for John Deere.

In fact, if you look at the stock price of the company since the early 2010s, when customers first started complaining about John Deere’s unreparaiable tractors, the company’s stock price has been, not on a steady rise, but on what looks to my non-expert eyes like an exponential increase.

I bring this up because last year, I asked folks on my list what continuity or subscription offers they buy – the info product version of what John Deere is doing, locking in customers for more than a single purchase.

I got a bunch of responses to that email last year. But I did nothing with those responses, not until a couple days ago. That’s when I went back to the responses I got, summed them up, looked for patterns and exceptions. Some patterns:

x* Out of the 40 or so continuity or subscription offers my readers reported paying for, the majority were primarily personality-based, rather than primarily promise- or interest-based.

x* Out of those personality-based subscriptions, the majority were primarily paid newsletters of some sort, with the rest being paid communities or memberships built around a guru.

x* The prices for personality-based newsletters seem to depend largely on the format. Digital newsletters were priced lower (around $50-$70/month) while print newsletters were priced higher ($97-$199/month).

And then the exception, which caught my eye:

x* One digital newsletter — in fact, just an email sent once a month — bucked the price trend above by selling for $99 a month. In fact, this subscription is not even buyable in a one-month increment — the shortest subscription you can get is three months, with extra inducements also available for 6-month and 1-year subscriptions.

I found this interesting because this subscription seems to be working. Not only was I clued into it directly from readers who pay for it, but I remember hearing a friend mention subscribing to it since.

So let’s get to the deal:

I’d like to update my database of continuity or subscription offers that my readers susbcribe to.

After all, things may have changed in the past 12 months, since I last collected such data.

And so my offer for you today is, hit reply and tell me which subscription or continuity offers you pay for.

It could be a paid newsletter, community, membership, magazine, book-of-the-month club, whatever.

In return, I’ll reply and tell you which digital newsletter I had in mind above, the one delivered by email that bucks the pricing trend, and still seems to do well.

Plus, I will also tell you what one particular thing I thought was very clever and effective on the sales page for this offer, which I think helps this offer convert, even though it’s just a stupid email, which costs a whopping $99 a month.

Do we got a deal?

The only marketing subscription I pay for each month

I don’t pay for any copywriting newsletter, print or digital.

I don’t pay for any marketing mastermind.

I don’t pay for any monthly coaching, community, or support built around an industry guru or expert.

Nothing wrong if you pay for any of these. I’ve paid for all of them in the past. But it’s been at least a couple years since I paid for any kind of marketing info subscription each month.

Well, except one.

I pay for it now.

I’ve been doing so for a little over a year.

I keep paying for it each month because I find it 1) interesting and 2) valuable. And because I find it interesting and valuable, I find time most days to at least give a quick glance to the latest daily edition, and often I have a thorough sit-down read.

This marketing info subscription is Lawrence Bernstein’s Ad Money Machine.

As you might know, Lawrence a direct marketing expert who’s been in the game for a few decades.

Lawrence also happens to have a passion for research and archiving and detail. And his Ad Money Machine basically gives you interesting and valuable ads, ranging over the past 100+ years of direct marketing… plus Lawrence’s expert commentary on the why and how and who and who else behind each ad.

It’s as good of a source for marketing insight and inspiration as I’ve been able to find.

Ad Money Machine costs $97/month. You can go sign up for it now. But maybe, probably, you’re not ready to “go steady” with Lawrence based on just my quick and surface description of what he offers.

So I’d like to suggest a “coffee date.”

Lawrence has put together a guide called “How To Turn Fascinations Into Fortunes.” It gives you a perfect flavor for what Lawrence does – a collection of fascinating and effective ads from the past, all tied together with a common theme, along with Lawrence’s commentary and analysis, which you can’t find anywhere else on the Internet.

“How To Turn Fascinations Into Fortunes” normally sells for $97, the same as a month of Lawrence’s Ad Money Machine subscription.

But for the next day or so (the clock’s ticking), Lawrence is making this guide available to you, just because you happen to be a reader of this newsletter, for only $7.

Final word:

I’m not an affiliate for this offer. I don’t get paid whether you buy it or not. I can tell you I did buy this offer myself, for my own purposes, several weeks ago, before I ever had any plans on promoting it to you.

If you’d like to find out more about it, while Lawrence’s sizable discount is still live:

​https://bejakovic.com/fascinations​

A-pile vs. B-pile marketers

A few days ago, I exchanged some emails with a business owner who was in a bad way.

“At the moment,” he said, “I’m feeling a bit like Halbert sitting in the dark trying to figure out what to write in that sales letter to get the power back on.”

If you don’t know the story of Gary Halbert, he was a well-known direct marketer and a better-known copywriting guru.

In the early days of his career, Gary was not very successful.

He would often spend his family’s utilities money to pay for stamps for sales letters to market some new scheme.

Those sales letters went out into the world. What came back were orders and some money, but never as many orders or as much money as Gary would have liked. Sometimes not even enough to cover the utilities bills.

The story goes that Gary was sitting in his kitchen one night, in the dark, with no water because he hadn’t paid the bills.

He was sick and tired of the stress and the visible signs of failure all around him.

And then — because that’s what makes a good story — the lights came on. Not in the kitchen, but in Gary’s head.

Gary had his moment of genius.

He figured out a new product and a new way to market it.

The result was a major success — millions of new customers and a multi-million dollar company, built on the back of one good, I mean, perfect, sales letter.

Now that I’ve told you this story, I’d like to propose that it’s proof that Gary Halbert was what I call a B-pile marketer.

We know of Gary today because his “sitting in the dark” moment actually produced a success. But it equally could have produced yet another failure. In fact, more than equally, because new direct marketing tests fail more than they succeed.

Had that happened, maybe nobody would know of Gary Halbert today, just like we don’t know the millions of other B-pile marketers who repeatedly failed and eventually disappeared. ​
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Compare this to marketers I’m calling “A-pile.”

A-pile marketers aren’t well-know either, but that’s because their story is not as dramatic. There’s no “sitting in the dark” moment. Instead, they build large, stable, cash-spewing businesses that work year after year, without ever being at risk of having the lights turned off.

What’s the difference between the A-pile and the B-pile?

Hark unto me, Buckwheat:

The difference is a marketing strategy that has the highest chance of being successful — of bringing back lots and lots of orders and lots and lots of money.

It’s a strategy that Gary Halbert must not have known early in his career. Or maybe he knew it and was just unable to practice it. I know for a fact — because I heard Jay Abraham say it — that it’s something Gary didn’t apply even later in his career, when he shoulda known better.

Maybe this proven, stable, cash-generating strategy went against Gary’s romantic and heroic nature.

If that’s your nature, too, then maybe this strategy won’t be right for you either.

On the other hand, if you’d like to keep the lights on, and keep the orders flowing, without having to produce a moment of genius, you can find this strategy described in detail in chapter 3 here:

https://bejakovic.com/a-pile

Celebrity-ashtray-of-the-month club

I was doing some research yesterday. I wanted to find an old ad. Instead, I found the Bone of the Month Club.

Throughout the 90s, the Bone of the Month Club was advertised with dozens of placements in US magazines and newspapers.

​​For a yearly membership of $79.95, you or your dog could get a dog treat or toy delivered in the mail, every month.

This got me curious. What other of-the-month-clubs were out there?

Two minutes of research dug up the usual suspects: book, movie, gadget.

But two more minutes dug up real headscratchers:

Potato-of-the-month club (new variety of potato each month)… crossword-puzzles-of-the-month club (gotta catch ’em all)… and a monthly “BoneBox,” which, unlike the Bone of the Month Club, actually delivers mystery animal bones to your door each month.

Right now, I’m also reading about Julien’s, an auction house for the stuff of celebrities, dead and living.

Julien’s auctioned off everything from a lamp made from a taxidermied armadillo and given by Gene Simmons to Cher (price: $4,000) to the Fender guitar Kurt Cobain played in the Smells Like Teen Spirit video (price: $4,000,000).

It turns out there’s a booming market for such celebrity stuff. And often, the more personal, intimate, sticky, slimy, smelly the celebrity item, the more people will pay for it.

​​Hence my idea for the celebrity-ashtray-of-the-month club.

You might think I’m joking. You’d only be partly right.

There’s a bigger marketing and business point here. I think it applies to everyone who wants to be successful and to do so with minimum stress and work.

I’ll make you a deal right now:

Write in and tell me what you collect. It can be anything. No judgment. From small to big, from formal collecting (stamps, sneakers, silver coins) to informal collecting (copywriting courses, pickup lines, or countries you’ve visited).

In turn, I’ll write you back. And I’ll tell you the bigger point behind my email, and how you can use it to create a longer-lasting, more cash-spewing business.

The anti-subscription high-ticket community

I’ve recently noticed an interesting new pricing model. As an example, take Codie Sanchez’s Contrarian Community.

As you might know, Codie is an ex-private-equity, Goldman Sachs woman. She quit the corporate world and started using her PE background to buy boring, cash-flow businesses. Laundromats, RV parks, and the like.

Codie also started an info publishing business, Contrarian Thinking, teaching players with money to do the same as she’s doing.

Codie writes a free Contrarian Thinking newsletter, in which she gets her audience of 200,000 readers hyped up on the opportunity of buying boring businesses.

And once they get hyped up enough, she sells them training teaching them how to actually buy a boring businesses, plus ongoing support and networking, inside what she calls Contrarian Community.

So far, so standard.

The part that got me is that Codie doesn’t charge for access to Contrarian Community monthly. She doesn’t charge for it yearly either. Instead, she charges a one-time fixed fee of $10k. And she’s built a 8-figure business out of Contrarian Thinking this way.

I’ve noticed this pricing model in a few other successful info publishing and coaching businesses recently. At first, this had me surprised — because I’ve been trained to think continuity offers are where it’s at.

But a one-time, large fixed ticket to join a community makes a lot of sense. It means:

1. More money per member, today instead of tomorrow.

2. Better quality of member.

3. Better results for members, and therefore easier sales down the line, and a more attractive offer.

4. A better community. Rather than people constantly churning, there’s stability. There are more members contributing, and more successful members supporting and encouraging those who aren’t as successful yet.

So this is something to consider.

If you too offer ongoing coaching, training, or a community of some sort, you can do this too.

Figure out what your LTV is per customer… round that up… or double it or triple it. And then charge people a one-time fee, instead of leaving them to constantly wonder if it’s worth sticking around and renewing for another cycle.

​Do this, and you might end up producing a better community, getting better results for your customers, and making a lot more money yourself.

Conclusions from my “what’s fun and keeps charging your credit card” poll

I read just now that Sam Altman of OpenAI announced that they are pausing ChatGPT-plus signups. Too many people want in and OpenAI cannot cope.

In other news, yesterday I asked what subscriptions you enjoy or even find fun. I got lots of replies. And that’s a problem.

I don’t know what I was expecting, but all the replies were very different and many clashed with each other.

I guess that’s no surprise, given that I was asking what’s enjoyable or even fun. That’s kind of like asking, “What’s some good music you heard in the past month?”

The replies I got were so all over the place that it’s got me reconsidering my point from yesterday.

Maybe in order to have a successful subscription that actually delivers value to people, you don’t need entertainment.

Maybe you simply need self-interest.

I mean, look at ChatGPT. It’s got all the fun of an MS-DOS terminal, and yet they have to turn people away from subscribing.

I’ll think more about this, and eventually I’ll let you know how it impacts my plans for my own subscription offer.

Meanwhile, here’s a non-subscription offer to appeal to your self-interest. It’s my most expensive course, also my most valuable course, and the most likely to pay for itself quickly, in fact within just 8 weeks, if you only follow the step-by-step instructions it gives you.

For more info, take a look here:

https://bejakovic.com/cr/

Clicks of the dial

Another day, another Airbnb.

​​Today I am in Warsaw, Poland because it was one of the few places in central Europe that won’t be raining for the next five days. And five days is how much time I have until I go to Gdansk for my first-ever live event to do with marketing and copywriting.

This morning, I woke up, carefully stepped down the circular staircase from the second floor of the apartment to the ground floor, located the inevitable Nespresso machine, popped in a capsule, and made myself a coffee.

And you see where this is going, don’t you?

If you have anything to do with marketing, you should. It’s a basic topic, so basic that I in fact wrote about it in the first month of this newsletter, back in September 2018.

The same marketing model is shared by Nespresso, by King Gillette’s safety razors-and-blades empire, and by info publishers like Agora and Ben Settle. They all promise you almost-irresistible sign-up premiums in order to get you paying for a continuity offer.

You almost certainly know this. Many people have talked about the same. It’s obvious. I won’t belabor the point.

Yesterday, I promised to tell the bigger point behind such models — models which might seem obvious, when somebody else points them out to you.

There’s a document floating around the Internet, legendary marketer Gary Halbert’s “Clicks of the Dial.”

It’s a collection of Gary’s “Most Treasured ‘First-Choice’ Marketing Tactics.”

I read this document once. I even shared a link to it in this newsletter last year.

But I never really got much out of Gary’s “Clicks of the Dial” list. I doubt the hundreds or thousands of my readers who downloaded Gary’s “Clicks of the Dial” got much out of it either.

That’s because there’s a big difference between, on the one hand, reading, nodding your head, and saying “hmm good idea”… and, on the other hand, observing, thinking a bit, and writing down your own conclusions.

So my point to you today is to open a new text file on your hard drive. Title it “Clicks of the Dial.” Break it up into three columns to start.

Name one column “traffic.” Name the second “conversion.” Name the third “consumption.”

And then, each time you go for a coffee, or a bagel, or a haircut, observe an obvious business or marketing practice you’re exposed to. Odds are, it’s been proven in hundreds or thousands of different situations. “Chunk up” that practice to make a model out of it. And write it down in your list in the appropriate column.

Gary Halbert’s entire “Clicks of the Dial” list was something like 20 items.

In other words, it won’t take you long to fill up your own “Clicks of the Dial” document to full.

​​Very soon, you can have a list of core business and marketing strategies, that you can cycle through, and solve pretty much any marketing problem by clicking the dial.

​​And since you put this list together yourself, based on your own experiences, it will actually mean something to you. Eventually, you might even appear to others to be a marketing jeenius like Gary himself.

As for me, it’s time to go get a brownie. I have a long list of food recommendations for what to eat in Warsaw, but only a limited amount of time and stomach space to do so.

Meanwhile, if you have no more interest in reading anything from me, because you’ve determined to learn all of marketing and copywriting by observation and thinking, there is nothing more I can tell you, except farewell and good luck. On the other hand, if you do want to hear from me every day, with more ideas and occasional inspiration, you can sign up for my daily email newsletter here.

Announcing: Most Valuable Postcard #2

This Monday, I got two probing questions from copywriter Kay Hng Quek:

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1) From Copy Zone — “Sometimes that meant following somebody else’s A-Z system. That’s how I got good at meeting and talking to girls — after 30 years of being shy and pretty useless in that department.”

Ha, was this Rules Of The Game?

2) MVP #1 was so game-changing for me that I’ve been salivating at the fantasy of being sold card #2. Not so much a question then, but just an indication of demand.

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The answer to Kay’s first question is no, it was not the Rules Of The Game.

The answer to Kay’s second question, or indication of demand, is this:

As you might know, last year I ran a subscription offer, limited to just 20 people, called Most Valuable Postcard. It lasted all of two months.

Each month, I sent a postcard from a new place with a short greeting and a URL. The URL took you to a secret website; there you would find my in-depth treatment of one fundamental marketing or copywriting topic for that month.

Subscribers loved the Most Valuable Postcard.

I hated it.

I hated walking around in the summer sun trying to find nice-looking postcards. I hated writing the postcards by hand, and I hated licking the stamps by tongue.

I hated the pressure of finishing up the actual content each month and making it great before the first postcards started to arrive.

I hated the fact that the postcards didn’t arrive reliably and that I had to resend many of them.

So I killed the Most Valuable Postcard off. Subscribers sighed and said they saw it coming.

But the core concept of the Most Valuable Postcard is something I find too valuable to let go. So I decided to write more Most Valuable Postcards, on no fixed schedule, and put them inside the members-only area of my site. While there are no physical postcard any more, the website content is the same format as before.

To start with, this past January I re-released Most Valuable Postcard #1: Nota Rápida. I got feedback on that like that “so game-changing” from Kay above.

Now I’m re-releasing Most Valuable Postcard #2: Ferrari Monster, again in the same format.

As you can guess, it’s a deep-dive into a fundamental topic. In fact, I make the case it’s about the essence of copywriting and marketing.

That’s a big claim. To back it up, I can say it took me three weeks of research — including a book about Hollywood marketing, a bunch of John Forde’s promos for Agora, and a science paper about strip clubs — to produce this 5-page postcard.

You can now get Most Valuable Postcard #2, and for $50 off, but only if you sign up to my email newsletter first. This is an offer only for people on the “inside.” To get there yourself, click here and follow the instructions.

Daniel Throssell is right

“Whether liketh you better, said Merlin, the sword or the scabbard? Me liketh better the sword, said Arthur. Ye are more unwise, said Merlin, for the scabbard is worth ten of the sword, for while ye have the scabbard upon you ye shall never lose no blood, be ye never so sore wounded, therefore keep well the scabbard always with you.”

Australia’s best copywriter, Daniel Throssell, wrote an email two days ago in response to my own email from New Year’s Day.

Daniel’s subject line read, “John Bejakovic is wrong.”

In his email, Daniel started off by saying he and I are on good terms and that he has helped me before. And he’s absolutely right.

In 2021, I had been stubbornly writing this newsletter in silence for three years. With one email to his own list, Daniel changed that. In the three days after he first promoted me, I tripled my list size, and made a bunch of money as a result.

Daniel has also promoted me since, and every time, I’ve gotten a big boost in new subscribers. I’ve written before to say how grateful I am for that, and how impressed with the influence that Daniel has over his readers.

But back to Daniel’s email from two days ago. After that “we’re good” intro, Daniel went on to the heart of it:

A five-point argument that paid newsletters are a desirable or even superior info product. That’s opposed to what I wrote in New Year’s Day email, where I said that nobody really wants a newsletter, not without lots of bribes, indoctrination, or shaming.

If you haven’t done so yet, I’ll leave you to read Daniel’s email and see if you are convinced by his arguments. I’ve heard from readers on both sides.

Some said Daniel is a magician with words and that he turned it around brilliantly. Others said they found Daniel’s arguments unpersuasive.

As for me, I will only say that, even after reading Daniel’s email, I am still not selling a paid newsletter, or planning to do so.

But Daniel is selling a paid newsletter. In fact, he wrote recently that adding this paid newsletter to his business is one of the best things he’s ever done.

And that’s why he’s absolutely right to publicly fight for his position, to make a black-and-white case of it, and even turn it into an issue of what’s noble or not.

If you want to be seen as a leader, or if you have a kingdom to protect, then Daniel’s example is well-worth studying and following.

Like King Arthur, you have to mount your horse, brandish your sword Excalibur, and lead the charge against any flying serpent that crosses your borders and into your marches, before the ugly beast has a chance to threaten your heartland.

If I were in Daniel’s position, I would have to do the same. But fortunately for me, that’s not the position I am in.

Like I’ve said before, I don’t look at what I’m doing here primarily as a business. Yes, these emails have been making me money, and sometimes good money. But this is not only project I’m working on, and it’s not the main way I’m looking to make money.

That non-dependence is like the scabbard of Excalibur for me. It means I don’t lose no blood, no matter the wounding things anybody may write about me, about the content of my emails, or about the offers I promote.

And if you value your freedom more than ten kingdoms, then this kind of non-dependence is something to keep always with you.

Moving on. I have tribute to collect from various places around the world. Meanwhile, if you would like to read more essays I’ve written, then sign up to my daily email newsletter. Click ye here and fill out the form that magically appears like Merlin out of a cloud of smoke.

Threats and shaming in early-morning emails

Two mornings ago, I found myself on the street outside my house, in the dark. There were no cabs because it was 4:30am on New Year’s morning. I took my phone out to rent a city bike as the first step of catching my 7am flight, but instead of opening the bike app, I automatically opened my email inbox.

“Hello,” I said. “This will be useful.”

It turns out I’d gotten a new email from marketer Ben Settle. The subject line read:

“Why my ‘no coming back’ policy will inevitably be the new normal”

Ben was talking about his policy of never allowing people who unsubscribe from his paid newsletter to resubscribe.

I have no doubt that Ben’s prediction is right, and that this policy will become more and more common.

After all, newsletters are the Ford Edsel of the information publishing industry.

As Agora founder Bill Bonner, who has sold billions of dollars’ worth of newsletters, supposedly said once, nobody wakes up in the middle of the night, heart racing, pajamas wet from sweat, with the sudden realization, “Good God… we’re all out of newsletters!”

Newsletters are something that the marketer dreamed up, because they provide continuity income, automatically, without the need to keep getting credit card details.

Newsletters are something the market doesn’t really want, not without a huge amount of bribes, indoctrination, and in Ben’s case, threats and shaming. From his email about his “no coming-back” policy:

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“Plus, practically speaking, if the trash lets itself out why take it back in?”

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Whatever. People will justify anything to themselves out of self-interest.

Fortunately, my self-interest isn’t aligned with selling you a newsletter, because I tried it and found I hate it, even before I had to give a single thought to retention.

The good news of that is, I don’t have to threaten you or shame you, which is something I find personally distasteful.

The bad news is, I don’t ever hear the satisfying sound of shopping-cart notifications telling me I’ve made a bunch of sales on autopilot.

Instead, I have to keep sending emails, writing sales letters, and doing my best to tempt you into buying the offers I’m selling.

That’s okay. Like I keep saying, I’m okay with working a bit, regularly, and for the long term.

And I’d rather have my freedom, both from the fixed schedule of publishing a paid newsletter, and from the psychological toll of barking at my subscribers and cracking my whip at them.

Perhaps you also value freedom over automatic shopping cart notifications. Perhaps you can understand where I am coming from. In that case, you might like to sign up to my (free) daily email newsletter.

You can try it… find it doesn’t work for you… unsubscribe… and later, if you change your mind, you can subscribe again. No threats or shaming.

To get started, click here and fill out the form.