I wasn’t going to do a blog post tonight as I’m about to get stuck into form for a few hours and it’s going to be a late night for me. However, at least I’ll have Andy Murray to keep me company!
I thought I’d quickly mention the feedback I’ve received. I’ve had a great response and some of the ideas have been great. Basically, most people want me to produce the best tipping site out there as well offering the analysis and tips much cheaper than any other service out there as most agree they don't represent value for money. I don’t see this as a major issue to be honest and I’ll hopefully manage to do this with a bit of luck if my figures are accurate.
Lots of you have told me to scrap the free month idea if I have a losing month and after having a think about it, I agree. The worry was that I would have very little incentive in the free month after I lose and I probably agree. In addition, no other tipster offers this form of guarantee, so why should I?
Everyone appears to like my personable approach and don’t want me to become some sort of faceless tipping service like others out there that currently exist. I really understand this comment and I agree 100%. I intend to provide the sort of personal service to subscribers that is currently not available out there at the moment to my knowledge.
Most people like the analysis as it currently is and like the analysis along with the tips. Some wouldn’t be happy with just the tips, so I’ve noted this.
Everyone commented on price and a few suggested limiting membership next month. Firstly, there is no need to limit membership. As I’ve shown many times on here, my horses are much more liable to drift than shorten. Therefore, we don’t need to worry about the number of subscribers at the moment.
The simple reason for this is that I specialise in races for exposed handicappers and the form is always in the book. Hence, people will always be willing to lay my horses. That comment applies to Bookmakers and Betfair layers. Hence, in the first few months with a small number of subscribers, we don’t need to worry about limiting membership.
With regards to price, I’m still trying to work through how many subscribers I need to make it worth my while. I’m expecting to spend 80 hours a month on form study and other admin, so I need to cover my own time and any costs associated with the service. A profit is not too important to me as long as I can cover my own time.
A few other ideas from people had included me offering one-to-one tutoring or group tutoring to people who wanted to learn to read form and select winners. People also suggested a question and answer session with me at least once a week and this sort of thing appeals to me to be honest. I wouldn’t mind getting grilled by subscribers if I select losers!
One thing that a few of you mentioned is that I need a new base for this part of The Experiment. The blog has been a great success story and whatever happens, I will continue to update the blog to document the next part of The Experiment.
However, I have also started to think about a new web page and I’ve asked someone to look into it for me. If everything goes to plan, I may have a new website for next months’ new adventure!
As you can see, I have been thinking about how next month may work and I’ve produced a little business model. I’m still working a few things out and details have still to be finalised but I’d like to take as many blog readers with me on to the next stage of the adventure. Therefore, I’d be looking at a way of getting my readers a deal whereby they pay a small amount to subscribe to my analysis and I’d hope to keep them on a smaller rate than other subscribers.
As the subscription list grows (if it does grow!), any new subscribers would be charged a higher fee and this will help to fund the lower fees of my regulars.
As I’ve said, I’m still working through it in my head but once I get somewhere, I’ll let you know.
There are around 7 possible races for me to analyse tomorrow, so it will be a late night!