Martin Shkreli

Announcing: Martin Shkreli-like price increase for Daily Email Habit

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This Thursday, at 12 midnight PST, I will be increasing the price of my Daily Email Habit service to an unheard-of $50/month.

Daily Email Habit puts an email “puzzle” in your inbox each day, to help you start and stick with sending daily emails.

Daily Email Habit currently sells for $30/month, which means you can get a daily email prompt and ongoing education in how to expand that prompt into a fun and valuable email for just $1/day.

On Thursday, I’ll be increasing the price of Daily Email Habit to $50/month because my accountant, warehouse manager, and mother-in-law have all been beating me over the head and yelling at me to do it for days now.

Apparently the price of digital paper and digital ink have risen dramatically over the past few years, as have the labor costs of the little elves we use deliver Daily Email Habit puzzles to inboxes worldwide.

The fact remains that the price of Daily Email Habit, old or new, is a tiny fraction of what you can make regularly, each month, if you do start and stick with the habit of daily emailing.

Maybe a higher price will lead to higher commitment, at least in some people (a lower price certainly won’t). And ultimately, more commitment and more consistency is the goal of this entire service.

If you are currently signed up to Daily Email Habit, of course you will not be impacted by this dramatic and shameless price increase. You will keep being grandfathered in at whatever price you signed up at.

And if you are not yet signed up to Daily Email Habit, the same is true for you if you sign up today. The price goes up on Thursday for others… but you only have to pay the current rate, and the same in the future, whenever I decide to hike up the price again (say, in case the elves unionize).

If you want the full details on Daily Email Habit — including a sample of the fine printing job we do, which explains why we are so sensitive to rising digital paper and digital ink costs — so you can decide whether you want to join before price goes up:

https://bejakovic.com/deh

“Pharma Bro in contempt”: Everything going to plan

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I’m signed up for the Federal Trade Commission newsletter, because I like to get news of marketing scams, pyramid schemes, and other skulduggery that can be useful for business. So a few days ago, I got a press release with the unlikely but highly satisfying headline:

“FTC Asks Federal Court to Hold ‘Pharma Bro’ Martin Shkreli in Contempt”

You probably know Shkreli. He’s a young guy who caused mass outrage a few years back. He bought a pharma company that sold a lifesaving drug, and then raised the price of that drug 55x, from $13.50 to $750 per pill.

Shkreli then schemed to suppress competition, to make sure desperate patients were forced to pay the new 55x price for his drug.

When this became international news, Shkreli smirked at cameras, and said the one mistake he made was that he didn’t raise the price even higher.

“Why are people coming after you?” asked one interviewer.

“It might have something to do with me being very handsome,” Shkreli answered with a smile.

People were fuming.

“Martini Shkreli,” said one irritated TV announcer, doing what he does best: looking like a real slappable prick.”

So the FTC headline is very clever and very fitting. The new news, by the way, is not that Shkreli is now officially contemptible — which is what the headline makes you think, and which is what most people feel — but that he disobeyed court orders, and is therefore himself “in contempt of court.”

Whatever. Point is:

Maybe Shkreli is a natural-born “slappable prick.” Or maybe it’s an act he’s putting on for reasons of his own.

Either way, I think Shkreli’s behavior is worth studying — and even emulating.

“Whoa whoa hold on there,” I hear you saying. “John, you don’t want to go down that road! There are many better ways to get attention than to become contemptible. It’s not worth it!”

No doubt. And I’m not actually planning on getting into the pharma business, or doing anything to taunt the FTC, or playing around with people’s lives.

But that doesn’t change the fact that specific strategies Shkreli is using — whether instinctively or consciously — can be very valuable if you run a completely above-board, highly moral, or even noble business.

That’s something I will write more about in a future book on positioning, which I’m working on now.

But to twist the advice of James Altucher:

“The best way to promote your next book? Get people to read your current book.”

And so let me remind you of my 10 Commandments of A-List Copywriters.

​​Get it now if you want, because tomorrow I will be raising the price of this baby to $200 for the ebook and $250 for the paperback — the highest prices Amazon will me allow me to charge. You can watch the price increase at the page below:

https://bejakovic.com/10commandments