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Why people DON’T buy Spotee Connect

Recently we sent a survey to those on our database who are yet to become members of Spotee Connect.

We wanted to understand why they perceived we could not be of value, when we firmly believe we offer the best value investment service in Australia.

The Team are very grateful for the responses we received and humbled by the genuine positive sentiment felt by many as we aim to help Australian DIY investors.

We wanted to share theses results with you as perhaps they may be similar to your hesitancy and may therefore provide you a deeper insight into what we are doing.

Mains reasons why people don’t join Spotee Connect

  1. It’s too expensive
  2. I get a lot of stuff for free
  3. Why pay for a 30 minute TV show when I already pay for other streaming channels
  4. I am already using a research service and am happy with them

 

1. It’s too expensive!

The price of Spotee Connect is $29.95 per month (less than $1 per day) and you can cancel at anytime. We charge this low price because we wanted to make Spotee Connect available to all. Even for those with a $10,000 portfolio, the cost is only 0.3% per month – even less for larger amounts.

For that you gain access to highly experienced and ASIC qualified investment professionals who will respond to your specific share market related questions 9am – 5pm Monday through to Friday.

We are insured, adhere to all regulatory requirements, and invest significant time to provide the detailed responses we do. The added benefit is the entire Spotee community get to see these responses as well giving us all a chance to learn off one another.

Our detailed responses on all ASX stocks that you ask about are generally completed within 24 hours. To see a sample of the responses we provide you may wish to subscribe to our free weekly “Question of the Week” newsletter. Click here to sign up https://spotee.com.au/qow/

Spotee Connect is by far and away the most valuable investment service in Australia, and we hope that you too get to experience that for yourself, even if it is only for the one month.

2. I get lots of stuff for free already!

This response is closely aligned with the previous, and it is true – there is A LOT of stuff out there for free.

But as the old saying goes, “If you don’t pay for the product, you ARE the product.”

And while many don’t read the fine print, one of major ways companies give out information for free is because they are selling your personal details to others for profit – and by receiving their info, you have given them authority to do so.

Further, there might be commentators or social ‘influencers’ (without a financial services licence) who are giving out information, but have you ever thought, “Why? – what’s in it for them?”. If you think you are getting information for “FREE” you are mistaken.

Spotee Connect is not driven by hidden agendas, ulterior motives, zealous dogma, or conflicted interest.

You pay for an unbiased and objective perspective, delivered by a qualified professional, on a stock of interest to you.

And sure, you can spend hours upon hours scouring the internet in search of answers. Or you can ask a questions, get on with what is important to you in life, and then read our response later. What value would you put on that?

3. Why pay for a 30 minute TV show when I already pay for other streaming channels?

We 100% agree!

Which is why it is important at this point to clarify that SPOTEE CONNECT IS NOT A TV/STREAMING CHANNEL.

Rather it is an investment service that works 9am-5pm Monday to Friday, answering your stock market questions throughout the day.

Many of you know us from the old, “Spotee on Shares” program which used to air on Ticker NEWS, however we have evolved significantly since then.

‘Yes,’ we still have the program for those that value the opinion of independent third party experts, and ýes’ we record their responses against every stock they discussed, but the show is an auxiliary offering to the main value of the service, which is have ALL your share market and company related questions answered.

4. I am already using a research service and am happy with them

That is fantastic news!

But have you thought to yourself, “How can Spotee Connect have all these third party experts running their own investment businesses appear on the platform?”

It’s because we are a complimentary service to all research providers. We don’t ask for money from our guests and neither do we pay them.

As much as we love our guests, when you ask a question in Spotee Connect, you receive an independent and unbiased perspective, and not simply just the “House view” on a stock.

We can also respond from another perspective. For example, we can answer questions about the fundamentals if you subscribe to a charting service.

It’s why we priced the service at the level we did, not to usurp your current provider, rather for a very small investment, we can significantly enhance the value of what it is you are already receiving.

We speak your language, invest your way and respond to the questions you ask, be it big cap, small, fundamentals or technicals.

In fact, we encourage all our Spotee Connect members to consider the services of all our Chief Guest Spotters and our service is a great way to learn what they are about. We work with everyone and partner with you in perfect harmony with any provider.

 

Once again, thank you to everyone who responded to our survey as it delivered us some great insights. Hopefully you have enjoyed this read. If you want to see more frequently asked questions about our service please visit this link.

Otherwise we would value the opportunity to help get you shining the spotlight on stocks today ,for less than $1 per day.