Friday, October 21, 2005
The Lost Files -- A Review
I've been a member of Russell Brunson's "The Lost Files" for several months, and have gotten a feel for the quality and types of ebooks offered there.
With the site about to be re-launched, I thought I'd pass along some thoughts about the site for those who are hoping to get in the 'second wave' of memberships.
Ratio of Pre-1923 to Renewal Eligible Books:
Of all the books offered to date, only two of them were published after January 1, 1923... the date before which no research is necessary to determine the copyright status of the work.
The ratio 6:1
10 self help/self-mastery
Usability of Books Offered
There are a number of people on the membership forum currently discussing the distinct lack of sales of the products when they sell them 'as is'
I have not tried to sell any of these books, so I can't say if that's because of poor sales technique, or merely because they aren't saleable in their original form.
I can relate the AdSense earning potential of the books. And the answer to that is... it depends.
Many of the older works are difficult for contextual advertising systems like AdSense to deal with because of the arcane language. With a little effort -- some searching and replacing of words with more modern keywords and phrases, keyword strong page names, AND if you already have a site in the same niche, then it is possible to generate a semi-respectable Adsense commission from the book pages. Not huge, but almost worthwhile.
Setting up an AdSense site specifically from these books -- especially the self-help ones -- is less promising.
Best use, I'd wager, is as a bonus for another offer, or as an offering in a membership site.
I am barely, just barely, making enough from my Lost Files purchases to make it worth while. And the only reason I'm succeeding that much is that I have a few popular sites that are related enough to some of the topics that I could get the content spidered and ranked before anyone else putting the files online, and Adsense ads that lean toward my site's topics, even if the content is a little off.
If you're confident in your ability to utilize old, old books in the self-help/self-mastery genre, sign up when the site begins to accept memberships again.
If you're not sure, it's probably best to head elsewhere, like EasyNicheProduct.com or NichePD.com.
The former is not public domain, but is very niche oriented, offering three different 'themed' offerings each month. The books are in desperate need of editing as-is, but the niches are ones that have far more potential than the ones from The Lost Files.
The second, NichePD.com, I have not tried yet, but I will join and offer a summary once I get a good feel for what's being offered.
Public Domain Research Software