Go offline with the Player FM app!
Surprising Feature To Put In A High Ticket Coaching Program
Manage episode 337692616 series 1526180
If you know you need to increase your prices, but you’re afraid you’ll lose clients and sales - I’ve got good news.
Over the next 5 minutes, I am going to walk you through how I have structured price increases to make sure clients are happy to pay the increased rate to work with me.
And if you’d like to get access to a 3-day course where we show you how to build and sell a $1k coaching program, just type “offer1k” in the chat below.
For those of you who don’t know me… My name is Matt Walrath, I’m the co-owner of Beyond Macros a nutrition coaching business that served over 1000 high ticket nutrition clients, and now I teach nutrition coaches like you how to build a nutrition coaching business you are proud of through our VIP Coach mentorship Programs.
Over the next 5 minutes, I am going to walk you through how I have structured price increases to make sure clients are happy to pay the increased rate to work with me.
Main Points
-Profit increase from increased rates
Ex. $15→25 is less than 50% price increase but increased margin from $10→20 = 100% profit increase. Even if ½ as many customers you still have 50% increased profit.
Ex. 20 people buy at $10 margin = $200 profit
Ex. 10 people buy at $20 margin = $200 profit
Which is riskier?
-Transitional rate for current clients + scarcity
-Increased rate for new clients
And if you’d like to get access to a 3-day course where we show you how to build and sell a $1k coaching program, just type “offer1k” in the chat below.
144 episodes
Manage episode 337692616 series 1526180
If you know you need to increase your prices, but you’re afraid you’ll lose clients and sales - I’ve got good news.
Over the next 5 minutes, I am going to walk you through how I have structured price increases to make sure clients are happy to pay the increased rate to work with me.
And if you’d like to get access to a 3-day course where we show you how to build and sell a $1k coaching program, just type “offer1k” in the chat below.
For those of you who don’t know me… My name is Matt Walrath, I’m the co-owner of Beyond Macros a nutrition coaching business that served over 1000 high ticket nutrition clients, and now I teach nutrition coaches like you how to build a nutrition coaching business you are proud of through our VIP Coach mentorship Programs.
Over the next 5 minutes, I am going to walk you through how I have structured price increases to make sure clients are happy to pay the increased rate to work with me.
Main Points
-Profit increase from increased rates
Ex. $15→25 is less than 50% price increase but increased margin from $10→20 = 100% profit increase. Even if ½ as many customers you still have 50% increased profit.
Ex. 20 people buy at $10 margin = $200 profit
Ex. 10 people buy at $20 margin = $200 profit
Which is riskier?
-Transitional rate for current clients + scarcity
-Increased rate for new clients
And if you’d like to get access to a 3-day course where we show you how to build and sell a $1k coaching program, just type “offer1k” in the chat below.
144 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.