Getting the balance right between value and cost isn’t always easy

[Image courtesy of Ryan at Flickr Creative Commons]

Have you discovered Udemy yet? If you’re a regular reader, you’ll know that back in January, I decided to splash out on lots of online courses to skill myself up.

My super-memory isn’t quite there yet, partly because I’ve forgotten to put the techniques into practice as often as I should have done. But my coding skills are coming along nicely.

Yes, that’s right. Like just about everybody nowadays, I’ve been bitten by the coding bug.

Well if truth be told, I was bitten by it long ago, but haven’t seriously pursued it. I know my way around HTML and CSS, and have picked up enough survival PHP to hack WordPress. But serious coding has always been at the back of my mind as a project I should pursue one day. 

Now that day has come, and Udemy was my first port of call.

There are all sorts of courses on every imaginable subject, and I snapped up a whole host of them at the bargain-basement price of $10. One was a heavy-duty Bootstrap and WordPress course, which assumed a certain knowledge of PHP. So before tackling that, I thought I’d make sure my PHP skills were up to snuff.

And as chance would have it, there was a free PHP course by the same instructor.

Now in this day and age, free anything usually comes with an asterisk: either a real one (endless terms and conditions apply) or an implied one (free means worthless). So I was a little circumspect about the quality of the course. But since it was free, what was there to lose? 

Well apart from my time, nothing much. So I took the plunge.

I’m happy to say, the course was excellent. Paced fast enough to be interesting, but not so fast it lost you at every turn. It was practical, focused and easy to follow.

The instructor, a genial Canadian called Brad, kept it lively and entertaining. And at the end, I felt I had a thorough grounding in PHP – enough to tackle his Bootstrap and WordPress course.

For once, free didn’t mean cheap – or worthless. He’d obviously spent a huge amount of time and effort developing, writing and filming the course (in case you didn’t know, Udemy courses have hours and hours of video).

So it was a major undertaking on his part, and the end result was something of undeniable value. 

Brad is my new best friend. And I’ve been singing his praises to all and sundry. People only have to mention the word coding to me, and I’m unstoppable. And I’m sure the army of students he has around the world have been spreading the word far and wide too.

And all because we got something of value at no cost to us. 

Give and you shall receive

The key word here is value. Nothing irritates a reader, a student or a prospect faster than having the promise of a freebie turn into a bait-and-switch operation.

You give all your contact details, and find that the free e-book is just a collection of recycled factoids. You sign up for a free trial, only to discover that you don’t have access to all the features. Or you take a free course, and realise too late that you’ve wasted your time on low-level knowledge combined with a sales pitch for its expensive counterparts.

If you are going to give away something for free, try applying these simple guidelines and it’ll be a better experience for you and your prospect: 

  • Do it without any ulterior motive. Impart knowledge because you enjoy doing it.
  • Don’t worry about them not signing up, or buying the paid version, or becoming a high-grossing client.  Focus on what you hope will happen, not the downside of nothing happening. 
  • Put as much effort into it as you would into something you’d charge good money for. And if that’s too much of a leap, then take something you sell and give it away for free for a limited period. 
  • Don’t forget the knock-on cost of a freebie that doesn’t live up to the promise: you’ve disappointed a prospect (or worse, an existing client) and caused reputational damage. 

So what’s free and worth it?  

You could offer a how-to guide that’s practical and achievable (How to simplify your document management in just 2 hours).  Or a thought piece that talks about the issues your prospects face (Why technology is transforming small businesses, and how you can ride the wave).  Or a quick-reference guide that they can print out and consult (10 copy tips for busy people). 

Or a targeted course that’s waffle-free (Business writing bootcamp for marketing professionals) and skills people up for their job.

Name your own priceless

The common denominator for all of these ideas is value. But it’s more than just what people would have paid for the course. It’s showing them that you’ve put thought, effort and time into the freebie. And that their time and effort won’t be wasted if they download the book or take the course. 

So it should be valuable, real and useful. And one last thing: shareable.

Because if it’s one thing people like more than finding a freebie, it’s telling somebody else about it. Why? Because they get the gain (here’s something for free) without the pain (somebody else did it). 

Much as I’ve done with my Canadian chum. 

So what are you waiting for? Get creating, give it away, and wait for karma to do its thing.