How many of the people out of that list of 30 people who took your original class might themselves be interested in taking your advanced course?
Rhonda: Could be 50% of them would.
Sean: It could be as much as 50%, so I think that marketing to two different groups of individuals, and then making the larger ticket product available to the person who initially spends $5K, you could create almost three streams of income – one with the $5K program, one with the $50K program, and then kind of a third one that’s a bump-up.
You might even run a marketing program to the people who came in at $5K, and six months down the road say, “Hey, I’ve got another program. I normally promote this at $50,000 to people who are just coming right in, but obviously you know all the basics. I’m not going to have to spend as much time holding your hand. I could probably make that class available to you for $35,000 or $40,000.”
Do you think that would even help your conversion rate on those $5,000 individuals?
Rhonda: That’s a great idea, yeah, absolutely.
Sean: Any other questions for me, Rhonda?
Rhonda: No, thank you so much. That’s great.
Sean: You’re welcome.
Let’s see, we’ve gone way over and obviously if somebody had to get off there’s plenty of value there, but do we have time for one more? Are you guys willing to go 10 more minutes and take one more of these?
Caller: Yes.
Sean: Let’s do it then. Who wants to go next?
Let’s say that – anybody need some help kind of brainstorming how their $5,000 product or $10,000 or $50,000 product might look? Do you need any help there?
Ok, let’s do this then. We’ll move on from doing examples. Any questions for me about anything that we’ve talked about today – traffic, subscribers, selling high-ticket items – any questions for me at all on anything we’ve talked about today?
Keep in mind that if you’ve got a question, there’s probably somebody else who’s wishing they had the guts to ask it, so just jump right out there and throw that question in. I’ll make the assumption that in an hour and a half I certainly haven’t answered every question. It would just be humanly impossible, so are there any questions at all that I can answer right now?
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Sean Mize is an internet marketing strategist who teaches internet marketers how to increase their income by creating high ticket classes and coaching programs.
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