Low Ticket Offers: 6 Things that Might Surprise You!
Cheryl Thacker, PCC, BCC, Coach Educator, Business Coach
Providing ICF Accredited Coach Certification and CCE Programs | Helping Coaches and Consultants Launch and Grow Successful Businesses.
Have you heard about low-ticket offers? Low-ticket offers are products that come with a price tag of about $50 or less. You can use them to reach a variety of business goals, but they’re best for building relationships with your audience and qualifying leads. Here are a few things about low-ticket offers that might surprise you.
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A Long-Term Strategy
It may sound counterintuitive to offer inexpensive products. Aren’t high-ticket items where the real profit margins are?
While some businesses earn directly through their low-ticket offers, this isn’t the strategy most pursue. You can earn through selling volume, but usually it’s a long-term strategy.
These products help you build relationships with your audience. They get great value at a reasonable price. More importantly, customers come to see you as an expert in your niche with solutions to their problems. Then, they’ll be more receptive to future higher-priced items.
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Your Sales Funnel’s Secret Weapon
Low-ticket offers work great in a sales funnel. You can use them to separate freebie hunters from buyers. Many people will sign up to your list for the free lead magnet or free content. These subscribers will consume your content but never buy. Low-ticket offers can help you figure out which is which.
Once you get people on your list, start pitching these low-priced products to them and you’ll quickly understand who’s buying and who isn’t. You can then segment your list and focus on buyers with your bigger offers.
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Build Your Brand
How do low-ticket offers help you establish your expertise and build your brand? By offering the help people are looking for when they need it.
You should know your audience well enough to identify their pain points and problems. If you create simple products that give them an easy win or some relief from these issues, they’ll recognize the value you offer. This helps you brand yourself as someone with solutions.
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Low-Ticket Offers Are Easy to Produce
One of the reasons so many businesses focus on low-ticket offers is that they’re extremely easy to create. They don’t have much text or many images. It could be something like a resource guide, toolkit, or checklist.
It can be very simple as long as it offers value to the user. This means that you can create multiple products on an ongoing basis and get even more results for your efforts.
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Earn on Autopilot
Once you get started with low-ticket offers, you can put most of the process on autopilot. You can do this by hiring others to create the content for you and handle customer issues. There are some aspects of selling these products that you can automate as well. This frees you up to focus on your bigger offerings and can also provide a passive income.
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Your Marketing Strategy Needs Low-Ticket Offers
Low-ticket offers are easy to create and sell, and they can help any business build relationships and brand themselves in their market. Using them gives you a good return on investment for your efforts.
If you’re ready to get your strategy started, begin by considering the needs of your target audience. What can you help them with? How can a simple product at a low price give them an easy win against problems they’re facing? Once you have an idea, you’re ready to start.
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Want to learn more about how you can use low-ticket offers to benefit your business? I’d love to talk with you! Schedule your FREE Consultation with me HERE!
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