Master copywriter John Carlton is holding a workshop this coming May 2-4. What’s interesting is the way he and his business partner Stan Dahl have chosen to market the event. They’ve decided to auction off the 20 available places on eBay.
They are using a “Dutch Auction” process. How this works is that if you want to attend, you submit a bid along with everyone else who is interested. When the auction closes, the 20 people who submitted the highest bids get a place. The price for each place is then determined as the price bid by the lowest bid in the top 20. So, everyone who attends get to pay the same price.
Now, I have to give credit to John Carlton, he has been testing out a lot of new ideas and approaches lately and taking risks (for example, the “open survey” he did to ask why more people hadn’t joined his coaching club). I have to wonder a little about the wisdom of this latest idea.