200 amount automatic bought business buy competitors control cost customers days developed discount discounts don e-book effect expand explained fee forever friend fully haven help hour hours inventory item monthly net numbers online pay products rate sell selling service services setup site skype smaller sold suggested system year

First e-junkie is awesome I have sold more than I did on a competitors site in 3 days.

I am trying to help a friend expand his business selling services as blocks of time like products.

He is a psychic medium. He suffers from cerebral palsy so traveling can be an ordeal. I suggested he use a system like Skype to sell his services online and I was trying to figure out how he could use e-junkie to sell blocks of time.

Could he setup blocks of time like products with inventory control set to one item…

Any thoughts or ideas would be appreciated and I am sure this could be developed into a service.

Mike

I can't see why not.

I don't happen to use e-junkie for this, but I do sell blocks of time. A concept that has worked very well for me is to have a yearly retainer that is a up front fee. That gives my customers an automatic discount on hourly time.

The net effect is to give bigger discounts the more time they buy. I have it explained more fully in my e-book, but basically the idea is this:

(substitute any numbers you like for retainers and hourly rate)

If they don't pay the retainer, they pay $150.00 an hour.

The retainer is $560.00 per year. If they pay that, they can then buy any amount of hours at $85.00 an hour.

Let's say they only buy 10 hours. Those hours cost them $1410 ($850 + $560) or $141.00 an hour. A little discount because they haven't bought much.

If they bought 100 hours, their cost is $9,060 ($8500 + $560) or $90.60 per hour.

So your friend might do a retainer of $200.00 and $8.00 an hour, or whatever combination works out for him. It might not even be yearly for his case - a "forever" discount. Or it can be a smaller monthly retainer.

The idea is that the discounting is automatic - no complications. The more they have bought, the cheaper it gets for them.