SOWPub Small Business Forums  
 

Click Here to see the latest posts!

Ask any questions related to business / entrepreneurship / money-making / life
or share your success stories (and educational "failures")...

Sign up for the Hidden Business Ideas Letter Free edition, and receive a free report straight to your inbox: "Idea that works in a pandemic: Ordinary housewife makes $50,000 a month in her spare time, using a simple idea - and her driveway..."

NO BLATANT ADS PLEASE
Also, please no insults or personal attacks.
Feel free to link to your web site though at the end of your posts.

Stay up to date! Get email notifications or
get "new thread" feeds here

 

Go Back   SOWPub Small Business Forums > Main Category > SOWPub Business Forum
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

SOWPub Business Forum Seeds of Wisdom Forum

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #10  
Old September 16, 2019, 03:01 PM
GordonJ's Avatar
GordonJ GordonJ is offline
Administrator
 
Join Date: Aug 2006
Location: West Palm Beach, FL
Posts: 3,471
Default A process.

Quote:
Originally Posted by Rick View Post
I'd still charge more than $69.95 for it, automated or not.

Rick

Both ways work, re: low intro, backends vs. higer ticket.

Tony Robbins built his 100 mil a year biz on the 19.95 books he wrote. It took a while to get people to spend 25k to visit his private isle, or the 10k to jump off poles and walk on hot coals.

But the low cost entry, is a lead generator without going into debt on customer acquisition. A fallacy, or what I believe to be one, is where guys like Ben Suarez would spend 40 bux to get a 200 dollar LTV.

The problem with that is the float. Between Customer Acquisition and profitability could devastate a small biz, not deep enough reserves. Where as a upfront profit, and a base buy, gives a list of buyers, and then you put them into the Pachinko machine.

No reason the old world way, a 69.95 front end, a 297 seminar/workshop or a 995 bigger ticket...and keep going up the ladder.

In Fraternal clubs, it often takes MONEY to go up the ladder to master, etc. Inner secrets of any religion (but I'll pick on Scientology, albeit, not a real religion) to get up to the Tom Cruise and John Travota levels is going to cost a pretty penny and a guaranteed ride on the mothership, is probably more than a 10% tithe too.

LEVELS of competency, in many fields require more training, more classes, more education and that does cost money.

So, maybe a 69.95 GJASQ1 STARTER course, and 49,000 MASTER TRAINER'S license.

Still, just spitballing here.

GJABIZ
Reply With Quote
 


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Other recent posts on the forum...


Seeds of Wisdom Publishing (front page) | Seeds of Wisdom Business forum | Seeds of Wisdom Original Business Forum (Archive) | Hidden Unusual Business Ideas Newsletter | Hotsheet Profits | Persuade via Remote Influence | Affia Band | The Entrepreneur's Hotsheet | The SeedZine (Entrepreneurial Ezine)

Get the report on Harvey Brody's Answers to a Question-Oriented-Person


All times are GMT -4. The time now is 05:49 PM.


Powered by vBulletin Version 3.6.0
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.