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What’s the Upsell? It’s the Next Logical Step!
Early on in my internet marketing career I realized that I needed to build a list -- and I quickly realized that my best way to build that list was to launch low ticket products.
Years later, when Lance and I began selling high ticket training courses on a regular basis ($997) the list stagnated for a few months. Our business stopped growing. We had to make it a point to go back and create those low ticket products in order to keep building that list of buyers...
People would buy that $7, $27, $47 WordPress plugin -- many of them would buy the another $7, $27, $47 plugin every month after that -- and then a small portion of those new people would buy our high ticket $997 training courses (usually broken into a payment plan of $97 a month or so).
Trust me, life is so much easier when you've built up a list of even a few thousand buyers! Every time you need comments on a blog post, webinar attendees, or some good old fashioned sales, all you have to do is ask and then click the "Send" button!
But Just Like Everything Else, I See Everyone Overcomplicating This...
For example:
- The number one thing to remember is that THEY ARE JOINING YOUR BUYER'S LIST! That means even if you don't have an upsell ready for them, it's not the end of the world -- you'll be sending them followup emails in the future. If they want to buy something, they'll buy.
- Beware of "upsell hell" -- this is where people load 5 or more upsells, downsells, cross-sells... you just bought something from me for $7, how about something for $27? No? What about $97? How about this $37 product? This $27/month membership with a $1 trial? The next thing you know, I've loaded so many things into the cart, I don't even know what I bought...
- ONE upsell is fine. It doesn't have to be a one time offer. In fact, I've had great success offering an uspell just before the download, and even if they say no, take them to the download page, and then present that same exact upsell right under the download link, and I'll make extra sales there.
Here's what I've found is the best upsell to deliver to your buyers: a product that's in the same "class" (i.e. another plugin, or another report) at the exact same price point (i.e. $47 frontend product and $47 upsell) that directly complements the original product (it's the next logical step).
For example: someone buys Paper Template for $47, the upsell is Backup Creator for $47 -- another plugin, same price point, and after someone gets a website (sales letter) setup, they'll want to back it up or possibly clone it.
You sell a $97 video course on how to get traffic, make your upsell SEPARATE a $97 course on how to get that traffic to convert. You sell a $27 report on how to make quick money setting up website for local offline businesses, make your upsell a $27 report on how to get local traffic from Google+, LinkedIn, Facebook, and Yelp!
My mentor Armand Morin calls this selling them "the next logical step" -- a saying he borrowed from NASA.
Here's where I want to help you. For the past year or so, as Lance and I have been selling these low ticket products on lots of different storefronts, we keep getting the same questions like...
"What's The Upsell? What's The OTO?"
Basically, what are you going to sell me once I buy from you?
I'm reluctant to answer for a couple of reasons: I don't want to confuse the offer, I might change that upsell... and I didn't answer until I noticed a disturbing trend in how everyone else is selling information products!
Someone is teaching this and it sucks. It hurts your conversions as a seller, and it's an annoying process as a buyer.
Whoever it is, is teaching people to basically sell the same information product as 3 separate products -- good, better, best...
This means: I see a course promising me how to create and sell a bestselling book on Amazon for $7. I buy it -- but it turns out to be a 60 minute or so video product of someone going through a mindmap.
That's it. 100% theory. They "tell" me how to outline a book, how to choose a niche and a title, they talk about writing the content, but they don't do any of it in front of me. I have to buy the "better" package for $27 to actually see the person create a book in front of me.
And then to get the REAL answers, to get all the nooks and crannies answered so I don't get stuck anywhere, I have to buy the $47 or $97 "best" package which usually includes a 3 hour video "Q&A recording" where people sent in questions here and there, and the person answered the most random (but specific issues) and somewhere between the mindmap videos, the implementation videos, and the Q&A, I actually have what I need.
I basically call these "crippled front-end offers." It's a TERRIBLE way to teach and to learn. I buy a webinar course for $7, it gives me the basic "what-to" outline but no "how-to." I have to buy the $47 upsell to see it done, and then I have to buy the $97 Q&A to get all the parts they skipped over.
Why Not Just Charge Me $97?
Here's a better solution: if you're going to sell me a course about offline local businesses, plan to set one up as part of the course.
Decide where people are when they start (usually: no money, no website, no templates) and where they should end (one paying client, website setup for them, they've been paid, and they might even have some recurring passive income setup).
Break it up into exactly four "how-to" modules. Let's say you setup your course like this:
- Module 1: How to Find Your First Set of Offline Prospects
- Module 2: How to Sell Your Offline Prospects into Clients
- Module 3: How to Setup Your Client's Website
- Module 4: How to Earn Passive Recurring Income from a Maintenance Package
Plan each module as a 60-90 minute video where you switch from a PowerPoint to a screen capture format, and structure it as WWHW: Why, What, How-To, What-If. For module one...
- Why (10 minutes): why we're doing this module in the first place
- What (10-20 minutes): what we're going to do, the exact steps before we do them
- How-To (30-60 minutes): you actually performing the steps, like identifying which businesses you'll approach and maybe even contacting a few of them
- What-If (10 minutes): a recap of what you just created, a checklist so they can repeat your process, and a simple assignment so they can get started on it
The EXACT lengths don't matter so much as keeping in mind that the how-to is the BULK of your module. The other pieces are just there to prepare them for the how-to component, and to recap what you showed them so it's all easy to follow.
Once the course is finished, if you are really concerned about an upsell, then your NEXT course should also be priced at $97 and it should cover the Next Logical Step
What If They Don't Buy At $97?
Here's the reason I "think" people try selling you these courses... they're afraid of selling at 100 bucks. I have a couple of solutions for you...
Step #1: Get Over It! Your competitors are outselling you at way higher price points than 100 dollars. How? They actually run real businesses. They consistently pay for traffic, they have social proof, they have well-written sales letters, videos and webinars, they have an email followup sequence. Move your prices from $10 to $100+ and you'll get slightly less buyers, but more total money overall, especially if you actually market your product -- what a concept!
Step #2: Walk the Price Up. You don't HAVE to initially launch your product at $97. What about $47? Create a quick sales letter listing out the four modules of your course. Spend a week or so getting your list ready for it. Bring on some affiliates and joint venture partners.
Launch your product on a free 1-hour pitch webinar where you demonstrate value, solve a simple problem and then introduce your upcoming 4-week, 4-module LIVE class for $47 where you'll show everyone how to setup these website for offline businesses.
Throw in a few HTML templates or WordPress themes and plugins as bonuses, your introductory letters and sales scripts telling people what to say when they approach these businesses, and make it a point that you personally will be landing an offline client during the course and making $2,000 from one transaction. 47 bucks is a no brainer at that point.
After the live course is done, close it up and re-open it a few weeks later for the full $97. Collect results and testimonials in the meantime and make a couple extra passes at your sales letter.
Step #3: Enhance the Offer. After you've finished your course, you can make a couple of additions to your web page templates, get the recordings of your live classes transcribed into reports with screenshots.
If you've added an assignment to the end of each module, you now have lots of case studies of people who followed along with you. You can organize the modules into an easy to follow dashboard. Now instead of waiting 4 weeks for you to deliver the course (as you did live), people get it all at once and can go at their own pace... even land their own offline client TODAY if they're fast!
It doesn't have to be any more complicated than that. As usual, if you deliver a COMPLETE course that worked for you, that has real results and your own live case studies -- and there's just ONE thing to buy and it's all in one place, you'll stand out from the crowd.
011: Create Physical Information Products with Kunaki, CreateSpace, Kinkos & Lulu
Discover how to branch out into the real world and sell your information products as physical, high-ticket items!
"How to Create Physical Infoproducts" FREE Report
Topics covered:
- How to publish short reports on the fly with Kinkos.com
- How to upload a simple Word document to Amazon CreateSpace to become a published author
- How to print workbooks and manuals on demand using Lulu
- Instantly sell physical audio CDs or video DVDs using Kunaki and a few ultra low cost tools
- And more!
You know how this works... get 10 comments on this post and you'll get the transcript in return.
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010: Setup a WordPress Blog, Write Content, and Become an Instant Celebrity
The latest podcast is below and it's all about setting up your blog and using it to build up your authority and social proof...
"How to Setup a WordPress Blog" FREE Report
Topics covered:
- The real reason to setup a blog (it's not what you think!)
- Why it's so important for you to register "yourname.com" and what to do if it's taken
- How to install WordPress
- The 60-second theme rule that's saved me tons of time designing my WP blog
- The top 10 plugins to use
- The 10 comment rule
- And more!
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Six Life Lessons from an Ex Computer Programmer Internet Marketing Geek
As this year is winding down and another one is about to start up, everyone I know and see (including me) is wondering: what worked this year? I'll give you a hint: the same things that always worked like building a list, optimizing paid traffic, buildling relationships and following up with your subscribers, training those subscribers, being in-tune with what your market wants and presenting your irresistible offer in a new and exciting way that gives them what they want and sneaks in what they need!
That's why I want to share what I think are the six most valuable lessons (in both your marketing and your mindset) that have stuck with me over the years that I think will carry you into the next 12 months and then some:
Life Lesson #1: Strategies vs. Tactics. You need to know the difference between strategies (things that always work) and tactics (little tricks you have in your back pocket to use every now and then). How many times have you heard of a business that relied on one single website, or one single Google loophole, and then one day, poof, it was gone? How many times have you seen a marketer get desperate and discount the price of a product just to pay the bills? And then they were lost on how to pay the bills next month!
Life Lesson #2: Decisions. Every decision you make either changes your actions or changes your mindset. Getting angry, becoming a victim, "bitching and moaning" are natural ways you're trying to change your mindset but unfortunately that will lead you down the path of more destructive actions. Instead, turn should-to's into have-to's into want-to's.
Life Lesson #3: Self-Awareness. You really don't work as "hard" or as "fast" as you think you do, and you need downtime. You're not an employee in your own business. It's not about running out the clock the same way it is when someone else is paying you for your time. Alcoholics Anonymous has the term, "Progress not perfection." If you want to get paid as little as an hourly employee then act like one, but if you want to be a productive business owner who works smart (not hard) and leverages their time, then do what other successful people do.
Life Lesson #4: Pick Your Battles. You need the ability to fall on my own sword (a little bit). Apologize when it's necessary and move on when it means you're making progress instead of being weak and surrendering. Bite your tongue and let the other person win if it means more money or more happiness.
Life Lesson #5: Hope for the Best and Plan for the Worst. You really need to AUTOMATICALLY backup everything (your desktop and your website), in multiple locations and in multiple ways. So many things aren't valuable, or aren't important, until they're gone, and now you'd pay $10,000 for that one missing file that you could have saved by spending 2 minutes clicking a button. You'll get old someday. You'll die someday. Others around you will die someday. Don't get bogged down by that thought, use it as a tool to focus and get where you need to go.
Life Lesson #6: Life is too Short, So You Need to Be Everywhere. You're probably thinking too small. You need 100+ articles on the internet. You need a blog, a podcast, a Kindle and CreateSpace book, a product for sale, a Facebook account, a fanpage, a Twitter account, a forum username on at least a few popular discussion boards in your niche. You need an email newsletter, multiple optin pages, and all these things need to lead right back to YOU.
Thanks again for being such a loyal reader of my blog. Please comment below and sure, in one sentence or so, share was what your biggest insight of 2012?
Happy Holidays 2012 from Robert Plank (Free Kindle Books for You)
Happy Holidays, Merry Christmas, Kwanzaa and New Year... today I want to give you three of my bestselling Amazon books 100% for free. Here they are:
- 100 Time Savers: Cut 10 Minutes a Day from Your Schedule to Gain 60 Hours of Free Time Per Year
- Setup a Point & Click Website Today: Install WordPress, Create Massive Content, Secure and Backup Your Blog WITHOUT Being a Computer Geek
- Article Crash Course: Get Published, Get Instant Authority and Become an Expert in Any Subject
I recommend you Ctrl+click to open each of those links in a new window, then the page "should" say purchase price for today only is $0.00, click the button and add them to your account, even if you don't have time to read them yet.
You can read these books whether you have an actual Kindle reading device, an iPhone or iPad (just install the app), or read it directly through your web browser.
Please claim your three books, post a comment below letting me know you've done it, give each book a quick read and leave me a quick review on Amazon. Thanks again!
008: Get into the Entrepreneur Mindset and Become Productive Anytime You Want
Topics covered:
- Inner & outer game
- Problem with most self-help, personal development, and mindset training (plus what to do instead)
- The one simple rule to life by when it comes to streamlining your business
- How to stay productive every single day, enjoy everything you do AND finish everything you start
- How to achieve (and maintain) instant focus using a simple piece of software
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007: Run a Webinar to Multiply Your Income and Profits
This is going to be the LAST episode of the Robert Plank Show unless I can get 10 people to comment on the post below responding to this week's episode. Topics covered:
- The exact webinar service to use, and why you need to run it live, not pre-recorded
- Why you REALLY want to run webinars this very week, if not sooner (and it's not the typical answer you think)
- The danger of "no pitch" events and the real reason people allow them to hurt their business
- How to pitch and close on webinars (this is much simpler and easier than what most others teach)
- The simple 4-step formula to planning out any 1-hour webinar in just a few minutes
- And much more!
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I Lost My Internet Connection! (What To Do When Everything Goes Wrong)
Chances are you've heard of at least one of the following things...
- Murphy's Law: anything that could possibly go wrong, at the worst possible moment, will probably happen
- Hope for the best and plan for the worst
- There are some things you can control, and other things you can't, so you need to be smart enough to know the difference
I've run plenty of live webinars where the internet connection died part-way through. Pitches where the website simply wasn't working. Software demonstrations where the software simply didn't work in front of a crowd of hundreds of people.
What if you woke up one day and your PayPal or merchant account was shut down, and all the money you had inside was frozen? What if one day your website was down? Or your computer didn't start up and everything on the hard drive was lost?
Internet Connection = DOWN!
I was in trouble. I was set to run a 1-hour pitch webinar the next day (to an audience of hundreds of attendees) and my internet connection died. It wasn't the first time. There were about 2 drops of rain and my cable internet provider (Charter) lost its connection for a few hours at around 7pm one evening. No big deal.
I spoke with one of their operators, they told me there was an outage in my area and to wait for it to be fixed. I went to sleep, woke up, still no internet. Some digging on Twitter revealed a cable had been cut, many people in California from Redding to Los Angeles were without internet.
What was I going to do? Cancel the event? Have Lance fill in for me? Park my car in the McDonald's parking lot and use their free wifi to run a pitch webinar from my laptop in the car?
I posted this problem on Facebook with hours to spare. Different people had different ideas(things like "use an iPad to host the webinar" which didn't work) and the idea of buying a 4G hotspot came up a few times, but I didn't want to reset my data plan or get stuck paying an extra monthly bill.
Solution = 4G Hotspot
Finally, my friend Chris Garrett had a real answer... some providers (such as Virgin Mobile) sold 4G hotspots with no contracts. I drove to my local Target, they had phones only. I visited Walmart, and there I found a Verizon "Mifi" card.
I quickly checked their website, typed in my address and realized I had 4G LTE coverage (basically, broadband speed cellular coverage) in my house. You could buy these with no contract and no monthly fee for about $200 and pay as you go.
Two hundred dollars later and about 2 hours to spare, I bought this little black box, drove it home, plugged it into the power outlet, slid the SIM card in, called an 800 number, typed in the SIM card and I was ready to wirelessly connect to the internet...
Here's how the hotspot works, if you don't know. This little box acts as its own wifi network. You connect your computer, smartphones, iPad to it, and then it talks to these cellular carriers. I connected my computer to this wireless network, it had me add a credit card (so they could bill me) and in a few minutes, I was online.
Results & Total Cost
The webinar went great. The speed was about the same as my cable internet. It cost $60 for 3 gigabytes of usage (I used about all 3 gigs), no one noticed any difference in speed. A few hours after I finished the webinar, my cable internet access returned and I tucked the "mifi card" into my desk drawer.
At any point in the future, if I want to run a webinar and there's no internet, I can pull that out and I'll be back online instantly.
The real point is, there's always a way around any problem. I would have presented that webinar at a friend's house if I really had to. What's your excuse for not running a webinar? I only had to solve the problem that one time! If the issue came up ever again, I now know exactly what to do. I hope you now know as well.
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006: Setup a Membership Site Today for Recurring Passive Income
Topics covered...
- How to turn the specialized knowledge that you take for granted into a special "system" that others will pay big money for, over and over again, on autopilot
- How to avoid the common mistake of creating a "tips, tricks, and articles" membership site and instead create a 4-part course that gets people from "point A" to "point B"
- The REAL breakthrough when it comes to membership sites (big hint: you probably shouldn't charge your customers forever)
- And more!
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