the first step to build excitement for your product launch
TRANSCRIPT
CoachingProgramBlueprint.com
The First Step to Build Excitement for Your Product Launch
CoachingProgramBlueprint.com
Let's launch right into the model email
series here, so you can see how building
trust and credibility leads to sales.
• A few days of credibility building at the beginning of a campaign
• A little bit of content and knowledge mailing
• Then we do some engagement emails for a few emails
• On days 8, 9, and 10 we begin to launch our coaching training product.
CoachingProgramBlueprint.com
We are taking people from:
• Credibility to knowledge to trust to excitement about your product - and then you launch your product.
CoachingProgramBlueprint.com
I teach you how to do this when you enter the launch period too.
• The pre-launch
• The actual launch
• The post-launch
• I'll cover all of those particular emails.
CoachingProgramBlueprint.com
You're going to go through a process where you take people who were joining your list and who don't know you and build credibility.
• Then you show your knowledge base.
• Then create engagement for trust.
• Then do your sales campaign.
CoachingProgramBlueprint.com
During your launch sequence some people buy from you, but most people won't buy from you.
CoachingProgramBlueprint.com
"Why did these six people buy our $300 program or why did two people buy our $1000 program?" They buy for two reasons:
• One reason is that you have what they need.
CoachingProgramBlueprint.com
In order for them to buy, they still need to trust you and feel good about making the purchase.
CoachingProgramBlueprint.com
The idea of gaining trust includes getting credibility and proving knowledge.
CoachingProgramBlueprint.com
We can sum it up as: “They have to want what you have, they have to believe you're credible, they have to believe you have the knowledge to teach them, and they have to trust you.”
CoachingProgramBlueprint.com
So we could say there are 4 components and if we wanted to break it down that way, we could do that. The bottom line is that people who buy from you trust you. It just "feels right" to buy from you.
CoachingProgramBlueprint.com
What does that tell us about the other 94 to 98 people who didn't buy in our example?
CoachingProgramBlueprint.com
They're not ready yet, they don't trust you enough. If could be that they did not get all of your emails. If could be that they don't like you for some reason. If that's the case, hopefully they'll just unsubscribe and then they won't be a part of the numbers anymore. Sometimes that happens: people just don't like you (and that's okay).
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CoachingProgramBlueprint.com
But why don't most people buy? If they have an opportunity to buy from you and they may not because they don't read your emails, which means they were targeted badly in the first place. Or they just don't trust you enough. They could trust you some, but not enough.
CoachingProgramBlueprint.com
They may trust you enough to do something little, but not enough not to invest $1000. The bottom line is they don't trust you enough to make this purchase. So what do you do?
CoachingProgramBlueprint.com
Using Trust to Capture Sales After Your Initial Launch
CoachingProgramBlueprint.com
After the launch you repeat the credibility, content, knowledge and engagement all over again.
CoachingProgramBlueprint.com
Then what happens to those people who didn't trust you enough to buy when you offered them the coaching opportunity or the training opportunity?
CoachingProgramBlueprint.com
They go through another sequence where they get a few credibility emails, a couple of knowledge emails, and a couple of interaction emails.
CoachingProgramBlueprint.com
So, what happens next? Now a percentage of your list will trust you more!
CoachingProgramBlueprint.com
Now let's go back to the $1000 package and say:
• 98 people did not buy
• 2 people bought
• You made $2000
CoachingProgramBlueprint.com
Let's say at day 12, when they had the opportunity to buy your coaching program, they didn't trust you enough to buy. But if they go through the credibility, content, and engagement process again for 7-9 days is there a possibility they'll trust you more?
CoachingProgramBlueprint.com
Some of them may trust you less and unsubscribe. So they unsubscribe and they're out of the basket of prospects. The ones that are left that are reading your emails - and most of them should naturally trust you more.
CoachingProgramBlueprint.com
Now you run another campaign. Let's say that you have both a training program and a coaching program. If you launched your coaching program first then after the next 7 to 9 days they'll have more trust so you launch your training program.
CoachingProgramBlueprint.com
So now you have 98 people on your
list, and 2 of them buy your training
program. Now you have 96 left. Now,
why did the 2 buy this time but didn't
buy last time?
CoachingProgramBlueprint.com
There are two reasons.
• One: they trust you enough now.
• Two: you might have wanted to stack the tables in your favor.
CoachingProgramBlueprint.com
Let's say that you sold the coaching program for a thousand dollars, and now you say, "Okay, maybe some people didn't buy because of the price, I'll make the Training Program $500."
CoachingProgramBlueprint.com
And so maybe that helped influenced things as well. What is the only way to know?
CoachingProgramBlueprint.com
Split test it. Have a training program at $1000 and have one at $500.
Put 100 or 200 subscribers through a funnel and see which you sell more of.
CoachingProgramBlueprint.com
You'll find that the higher priced products sell more sometimes. Then just look at your total revenue. If you think about it, you have to sell twice as much at $500 as you would $1000 to make the same amount.
CoachingProgramBlueprint.com
So even if your conversion rate is 20% better at $500, you'll still be better off selling it for $1000 because you'll make more money in the long run at this price.
CoachingProgramBlueprint.com
Let’s take a breather before moving on…
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