Email us for help
Loading...
Premium support
Log Out
Our Terms of Use and Privacy Policy have changed. We think you'll like them better this way.
First, let’s look at his 4-level product funnel, and then you can brainstorm a high-priced product for your business, or refine the one you have in place.
Level 1 He sells a $20 business book (paperback) that introduces new readers to him, his training business, and his gym, and he starts selling the idea that we all need a mentor to succeed.
.The book also promotes the next levels of his product funnel.
Level 2 He offers a $500 1-Day Business Seminar. This is offered in a joint venture between him and a major fitness retailer. It’s a great example of how everyone – not just Internet folks – can leverage partnerships. At the end of the 1-Day Seminar, the next levels of his funnel are offered.
Level 3 There is a $2500 3-Day “Internship” at his gym. This is sold at the Level 2 seminar and his email list (which grows from all the speaking he does).
At the end of the Internship, an offer is made for the 1-year coaching program, and a large percentage of people jump to the next level because they have already received extreme value through the Internship.
Level 4 He runs a 1-Year Coaching Program that requires an investment of $10,000. This is similar to our $100K Info Mastermind Group.
At this point, I told him he needs a Level 5 – a higher priced coaching program, or even some type of franchising or licensing. He appreciated that advice, and in return, he gave me this gem of wisdom:
“You should get paid the most for the things that come easiest to you.”