Continuity Programs

The anti-subscription high-ticket community

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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.
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​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

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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

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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

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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

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“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

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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.

Income at will

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Tonight, as this email goes out, I will be finishing up the third and final call of the Age of Insight core training.

That done, I still have a few bonuses to deliver.

But pretty soon, I will be finished with everything I promised as part of this offer.

I will have the recordings of all the trainings. With a bit of polishing and tweaking, these will turn into assets I can sell down the line.

I will also have a better and deeper relationship with the group of people who went through Age of Insight, most of whom have bought stuff from me before.

​​If these people got insights from this course, if they got good ideas, if they got value they can use to make themselves more successful, odds are good they will want to come back for more in the future.

A few days ago, Dan Kennedy wrote:

If you’re in a position that at almost any time you can come up with an offer that your customers, clients, patients, donors, followers, or fans list will like, then you have the ability to create income at will.

This position should be a big priority for people to get themselves into. Because in harsh reality, this is actually the only financial security there is. Because one way or another, what you already have can be wiped out. So the only real financial security you ever have is being in the income-at-will position and able to replace disappeared wealth.

I got started with income-at-will very hesitantly last year.

After sitting on the idea of my Copy Riddles program for a few months, I finally got up the nerve to presell it. I then delivered it over the course of a month, while creating it day-for-day.

Then came Influential Emails, also last year. I had the idea for that training one morning. By the afternoon, I had a sales page up and an email went out to drive traffic to that sales page. Again, I presold this training. I delivered it over the next few weeks, and made a nice sum of money as a result.

Next was the Most Valuable Postcard. I sat on that idea for a while, but when I did decide to do it, up went a minimalist sales page. Later that day, a few hours after my one and only email about this offer, I had filled the quota I wanted for this experiment.

Then there was the Most Valuable Email this past September. And then Age of Insight last month. And that brings me to today, and my new offer.

It’s no secret that the reason I’ve been able to create income at will has been this very email newsletter.

I have done precious little to promote myself other than writing a daily email.

I have also done precious little to sell my offers other than writing a daily email.

I’m not telling you anything new here. You probably know the value of email marketing. But the question is not whether you know it.

​​The question is whether you yourself are in that desirable position, where you can write some emails and create income at will.

Enter my new offer.

My new offer is a coaching program, focused specifically on email copy and email marketing. It will kick off in January.

The primary goal for this coaching program is not to make you into the Michelangelo of email copywriters.

The primary goal is to make this coaching program pay for itself, and for much more.

The main mechanism to do that is getting you to send out consistent, interesting, influential daily emails, which you can tack an offer onto whenever you want.

In case you’re interested, the first pre-requisite is to be on my email list. You can sign up for that here.

The future of continuity offers for publishing businesses

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I have this friend who makes a lot of money but leads a very isolated and dull life. As a result, he spends much of his money on ridiculous, overpriced purchases.

For example, a while ago, he bought a $2,000 Japanese smart toilet. He had it shipped from Japan and installed in his house in Baltimore.

This morning, I thought of my friend and his foot-massaging, storybook-reading, life-coaching toilet. I imagined him going to his master bathroom… using his smart toilet for its core functionality… and attempting to flush. But instead of hearing the satisfying rush of water, a soothing female voice would say:

“Thank you for using SmartAsshin! Your subscription to the Flusshi® function has now expired. To renew your Flusshi® subscription, please visit smartasshin.com.”

That might sound ridiculous. But it’s not entirely out of the realm of the possible.

A couple days ago, I read that BMW has been trying out subscriptions for things like heated car seats.

The idea is that each new BMW comes fully equipped with all the extras. But in order to activate any of the extras, you have to pay. Monthly.

As the folks at BMW argue it, this system actually makes a lot of sense.

It allows people to try out functionality before committing.

It allows buyers to upgrade their car as they can afford to do it.

Plus it makes the resale value of the car greater. The functionality of the car no longer depends on the choices of the initial buyer.

Of course, BMW buyers don’t see it that way. They are furious, and there is a lot of backlash. I guess see it as a variation of my scenario above, with the Japanese smart toilet.

And now to get deadly serious.

Smart marketers, in particular smart direct marketers, have long known:

Continuity offers are where it’s at.

Of course, BMW story shows it ain’t so simple. Put a part of your usual service behind a paywall, and you can face indifference, or perhaps backlash.

It will be interesting to see what happens with BMW and their heated seats by the month.

Meanwhile, if you have a business… and your offer is not inherently a subscription like a streaming service or a newsletter… then it’s past time to start thinking how to integrate subscriptions into your offers.

And if you are looking for ideas for how to do it, without triggering a backlash, then check out the article below.

It comes from Simon Owens, somebody I’ve written about before. Owens publishes a Substack newsletter, covering media and publishing businesses.

In the article below, he talks about three subscription models he has seen. None of them involves hiding more of your content behind a paywall.

Of course, you don’t have to check out Owens’s article.

You can also just stay put.

In time, I will probably take Owens’s ideas… pad them out with a few other good things I find… and repackage them into a product, which I will offer to you later. Perhaps inside some kind of continuity offer.

But in case you don’t want to wait for that, you can do some of that work yourself right now. Here’s the link:

https://simonowens.substack.com/p/thinking-outside-the-box-with-paid

What’s working on Substack right now

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I’m currently subscribed to 27 Substack newsletters. Not all of those mail me anything regularly. But the ones that do have largely become my source of news, randomly interesting articles, and pop culture contact.

Since I write an email newsletter myself, every day, which you are reading right now, I’m very curious about the Substack phenomenon.

Could this be an opportunity for me? Should I start a persuasion-themed Substack newsletter?

Should I reposition myself as a Substack marketing expert?

Should I simply start publishing serialized fantasy literotica, inspired by Greek and Roman history, under some flowery pseudonym, and host it on Substack?

More on all those questions in a future email.

For today, I just want to share a bit of what’s working on Substack right now.

I recently signed up to Simon Owens’s Media Newsletter. That’s where Simon publishes his analysis of the media and publishing industry, including digital formats like Substack.

Owens’s most recent article says that across the media landscape, companies are struggling to corral new paid subscribers.

It’s not just Netflix, which I wrote about a few days ago. Other traditional and online publishers, from The Atlantic to Quartz, have either reached the limits to the growth of paid subscribers, or are actually seeing their paid subscriber numbers shrinking.

But as Owens says, “the longer you spend in publishing, the more you realize everything is cyclical.”

And so it seems the trend today in various publishing businesses is to loosen up the content behind paywalls… rely less on paid subscribers… and rely more on…

Ads.

Guess who’s back? Ads are back.

You’ve probably seen ads if you are signed up to any big-name email newsletter like The Morning Brew. The Morning Brew was bought a couple of years ago, for $75 million, on the strength of its advertising reach alone.

The Morning Brew has millions of subscribers. But even smaller newsletters, like Josh Spector’s For The Interested, which I wrote about recently, is making a healthy $48k per year, just by showing ads to a fairly small audience of 18k subscribers.

And what about Substack?

​​Well, Owens’s newsletter is hosted on Substack. And since the guy analyzes what’s working in media right now, you might conclude his own Substack might be a clue to what to do.

Owens does have a subscription option, but it’s only to be able to ask him questions. There is no content that is hidden behind the subscription. ​​

On the other hand, you can buy a 200-word ad in his weekly newsletter for $400.

Owens’s newsletter has fewer than 5k subscribers. Is $400 a lot of money just to reach some fraction of 5k people?

Apparently not, because the ad slot was filled in each of Owens’s recent issues. And perhaps it genuinely pays for the advertisers — Owens says that of his 5k subscribers, many are executives at big name media outlets or tech companies.

So what’s the point of all this?

No point. I’m just trying to give you a different perspective on how you can make money, even if you’re a hardcore direct response business, with a classic-themed daily email like this one.

The world is always changing. Exciting opportunities are popping up all the time. And the only thing that’s constant is the demand for ancient-Greece-themed fantasy literotica.

In other news:

I am not opening up my own daily emails to advertising, at least not yet. But if you’d like to read more articles like this one, and maybe see how I make money from my daily email newsletter, without ads and without a subscription, then you can sign up here.

Dude… you gotta read this email

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This morning I was idling on the Internet when I saw a clip of an MMA fight between all-time great Fedor Emelianenko and all-time loudmouth Chael Sonnen.

In the clip, Sonnen managed to get Emelianenko on the ground. Sonnen then did some fancy/silly move to get himself in trouble, with Emelianenko on top, raining punches down on Sonnen’s head.

But what really had me transfixed was looking at the ad on Sonnen’s shorts. It read:

DUDE WIPES

Dude wipes? It turns out to be a real thing. Disposable wet wipes for men, in masculine black packaging.

My first impression was that calling your intimate hygiene product “wipes” is already emasculating, and defeats all the manly branding.

But apparently I’m wrong. DUDE Wipes is a successful business. As proof:

They have many offers on their site beyond just wipes (DUDE bidet)…

They have endorsement deals with pro sports figures (pro golfer: “On the golf course and off it, I’m taking it to the hole with DUDE Wipes”)…

And on Amazon, various bundles of DUDE wipes have tens of thousands of reviews, almost all five-star, though with some caveats (“The wife is always reluctant to have them in the guest bath when we have company because of the, as she puts it, sophomoric name and black package”).

This brought to mind my long-simmering idea to create a business by taking a consumable product and applying it to an affinity or identity group.

The usual order in much of direct response is to take a niche and then figure out, what could we sell to them? What could we create and sell at a high-enough markup and with repeating revenue for long enough to make it worthwhile?

This system clearly works.

But the other way works also, and maybe even better. As Claude Hopkins put it, “It is a well-known fact that the greatest profits are made on great volume and small profit.”

So the idea is to take a consumable product which is a known seller to a mass audience, and brand it for a specific affinity or identity group.

I’ve already seen this done with coffee for Reformed Christians. That brand was called Reformed Roasters, and within two months of being launched, it was making $40k/month.

So why not a line of fine cheeses for militant atheists?

Or air fresheners for QAnon nuts?

Or dog food for dogs of heavy metal heads?

Maybe you say any of these ideas is arbitrary, and much more likely to fail than to work.

I’m sure you’re right. To make this work, you will need good marketing to get your Sunni Soda off the ground.

But if you have capital to invest, I happen to know a good marketer. And if you’re looking for a partner to help you create the next Pepsodent or Palmolive soap — for dudes — then sign up for my email list and then we can talk.