Why I didn’t collect my $10.5 million

Today I found a tantalizing email in my spam folder. The sender was Mrs. Mary J. Parker. The subject line read:

“FROM THE UNITED NATIONS POLICE (UNPOL)”

The email explained UNPOL was contacting me because of some money I’d wired to Nigeria.

This is a bit embarrassing. But a while back, I got another email. It described a unique opportunity to help somebody and get rich at the same time. At least that’s how it seemed.

I wired the money as that first email asked. And I waited to get rich. But I never heard back from anybody, or saw my money again.

Anyways, the email from Mrs. Parker informed me that a bunch of organizations, including “Scotland Yard Police, Interpol, Federal Bureau of Investigation, (FBI) United States of America, the Economic and Financial Crimes Commission (EFCC) of Nigeria and all the African Crime fighter leaders” have been working hard to capture the fraudsters who grabbed my money and the money of other people like me.

These law protection agencies caught a bunch of these “Internet rats.” They retrieved billions of dollars.

And now, to make it up to me, they wanted to send me $10.5 million so I could start a new life. All I had to do was furnish a certain Dr Richard Kelly with $450 and also my correct and valid details.

Now here’s something that might shock you:

I decided to pass up this offer. Even though I’d previously wired money to unknown persons in Nigeria. And even though $10.5 million was on the line. Why I did this is the subject of this post.

Let me set things up by telling you about two direct mail campaigns. The first campaign was written by Gary Bencivenga. It made a generous offer:

Six free issues of Boardroom’s Bottom Line/Personal newsletter, plus a premium book. All for free, no strings attached.

It was such a generous offer that Gary thought it needed a reason why. So he used the idea of a survey.

“Fill out this survey,” Gary’s letter basically said, “and send it back to us. As thanks, we’ll send you six free issues and the book.”

This campaign was a massive success. A bunch of people sent in their surveys and got their trial six months of Bottom Line/Personal.

The trouble is, they didn’t subscribe much when the trial expired. And those who did subscribe didn’t buy much of Boardroom’s other books or offers.

But a control is a control. And so this survey offer kept running.

Until the second campaign. Which was was also written by Gary Bencivenga. And which also made the same generous offer.

But instead of using the free survey, the second campaign sent a 64-page booklet, titled The Little Black Book of Secrets.

This booklet had the most interesting secrets from different issues of Bottom Line/Personal… along with occasional calls-to-action to get your six free issues + bonus.

Result?

The second campaign pulled in only HALF the number of responses of the survey campaign. But twice as many of those people actually paid to subscribe when their trial ended. Plus, these non-gimmick customers bought way more of Boardroom’s other products.

In the long term, the second campaign was the winner, and became the new control. Which brings me back to the email I got from UNPOL.

The people at UNPOL did right by giving me a second opportunity to wire money to Nigeria. That’s standard direct marketing — it’s called having a back end. But here’s the thing:

I’m a greedy and opportunistic person.

Sure, I liked the big promise of being able to get rich quickly. That’s why I wired my money over the first time. But my interest was fleeting, and I’ve already moved on. That’s why I didn’t reply to Mrs. Parker’s offer today.

It’s pretty much the same as those people who filled in a 2-minute survey to get something free from Boardroom. Because hype and impulsiveness can get you lots of buyers… but those buyers can make a wobbly foundation for your business.

As Michael Fishman said once:

“Your selling copy in the prospecting process can actually impact the longevity of a customer with the company. So what I mean by that is if you make very, very big promises for a self-help product, a health or investment product… if you make very, very big promises for that about quick results and overnight success, etc… the kinds of people that will find that believable and ultimately will buy turn out to be folks that are not very committed in the long run to your company.”

But you’ve stuck with me for over 750 words now. Do you feel yourself becoming a bit committed to reading my stuff for the long run? In that case, you might like to subscribe to my daily email newsletter. It’s free, now and in six months’ time. Here’s the optin.

Why I didn’t collect my $10.5 million

Today I found a tantalizing email in my spam folder. The sender was Mrs. Mary J. Parker. The subject line read:

“FROM THE UNITED NATIONS POLICE (UNPOL)”

The email explained UNPOL was contacting me because of some money I’d wired to Nigeria.

This is a bit embarrassing. But a while back, I got another email. It described a unique opportunity to help somebody and get rich at the same time. At least that’s how it seemed.

I wired the money as that first email asked. And I waited to get rich. But I never heard back from anybody, or saw my money again.

Anyways, the email from Mrs. Parker informed me that a bunch of organizations, including “Scotland Yard Police, Interpol, Federal Bureau of Investigation, (FBI) United States of America, the Economic and Financial Crimes Commission (EFCC) of Nigeria and all the African Crime fighter leaders” have been working hard to capture the fraudsters who grabbed my money and the money of other people like me.

These law protection agencies caught a bunch of these “Internet rats.” They retrieved billions of dollars.

And now, to make it up to me, they wanted to send me $10.5 million so I could start a new life. All I had to do was furnish a certain Dr Richard Kelly with $450 and also my correct and valid details.

Now here’s something that might shock you:

I decided to pass up this offer. Even though I’d previously wired money to unknown persons in Nigeria. And even though $10.5 million was on the line. Why I did this is the subject of this post.

Let me set things up by telling you about two direct mail campaigns. The first campaign was written by Gary Bencivenga. It made a generous offer:

Six free issues of Boardroom’s Bottom Line/Personal newsletter, plus a premium book. All for free, no strings attached.

It was such a generous offer that Gary thought it needed a reason why. So he used the idea of a survey.

“Fill out this survey,” Gary’s letter basically said, “and send it back to us. As thanks, we’ll send you six free issues and the book.”

This campaign was a massive success. A bunch of people sent in their surveys and got their trial six months of Bottom Line/Personal.

The trouble is, they didn’t subscribe much when the trial expired. And those who did subscribe didn’t buy much of Boardroom’s other books or offers.

But a control is a control. And so this survey offer kept running.

Until the second campaign. Which was was also written by Gary Bencivenga. And which also made the same generous offer.

But instead of using the free survey, the second campaign sent a 64-page booklet, titled The Little Black Book of Secrets.

This booklet had the most interesting secrets from different issues of Bottom Line/Personal… along with occasional calls-to-action to get your six free issues + bonus.

Result?

The second campaign pulled in only HALF the number of responses of the survey campaign. But twice as many of those people actually paid to subscribe when their trial ended. Plus, these non-gimmick customers bought way more of Boardroom’s other products.

In the long term, the second campaign was the winner, and became the new control. Which brings me back to the email I got from UNPOL.

The people at UNPOL did right by giving me a second opportunity to wire money to Nigeria. That’s standard direct marketing — it’s called having a back end. But here’s the thing:

I’m a greedy and opportunistic person.

Sure, I liked the big promise of being able to get rich quickly. That’s why I wired my money over the first time. But my interest was fleeting, and I’ve already moved on. That’s why I didn’t reply to Mrs. Parker’s offer today.

It’s pretty much the same as those people who filled in a 2-minute survey to get something free from Boardroom. Because hype and impulsiveness can get you lots of buyers… but those buyers can make a wobbly foundation for your business.

As Michael Fishman said once:

“Your selling copy in the prospecting process can actually impact the longevity of a customer with the company. So what I mean by that is if you make very, very big promises for a self-help product, a health or investment product… if you make very, very big promises for that about quick results and overnight success, etc… the kinds of people that will find that believable and ultimately will buy turn out to be folks that are not very committed in the long run to your company.”

But you’ve stuck with me for over 750 words now. Do you feel yourself becoming a bit committed to reading my stuff for the long run? In that case, you might like to subscribe to my daily email newsletter. It’s free, now and in six months’ time. Here’s the optin.