Is this the episode where we're going to talk about the Coppola and the Coldplay concert?
Speaker BYes.
Speaker AIs there any creator out there who has not utilized that, that clip for marketing?
Speaker ABut that's not what we're going to talk about.
Speaker ASo we're going to leave it now and go back to what we're going to talk about because we're going to talk about psychology behind selling high ticket coaching course.
Speaker BYeah.
Speaker BSo today we're going to talk about what it takes and what's necessary in order to become a high ticket coach.
Speaker BAnd let's first define what do we mean when we say a high ticket offer.
Speaker BWe are not talking €2,000, we're not talking €3,000, we are talking €10,000 and above.
Speaker BYeah, like fun fact, if someone is willing to pay you €10,000, they're statistically to pay you 33% more than €10,000, which means that you could start at €13,000 instead.
Speaker BBut that's the kind of price range that we're talking about.
Speaker BIf you're considering starting a high ticket program and you feel like that's interesting, yeah, I might try that.
Speaker BI want to do that.
Speaker BThen my coaching to you is do that and then done.
Speaker BNow the other part of it, it's absolutely going to have to tie to a good quality problem so that you solve something of real value that changes this person's life.
Speaker BBut here's the honest truth.
Speaker BMeasuring the coaching industry coaches are already changing people's lives.
Speaker BIf we're talking to a decent coach that is really interested in creating great results and then we're interviewing their clients after, and then we ask them after they've already gotten the results and we ask them, what would you value the lifestyle or the quality or what would you value these results if you could buy them in like a tomato can at your grocery store?
Speaker BLike, what would you be willing to pay if you could buy it over the counter?
Speaker BThe answer is always above those 15, 20, €25,000.
Speaker AAnyway, I think the interesting thing about selling high ticket and why it's hard for people to get to the place is because most people try to get to that part of getting to build that offer built on logical measures and that make them stuck in the head and stuck in.
Speaker AIf I sell something for 2 or 3,000 right now, if I'm going to sell something for let's say 13,000, if I'm going to sell for that price point, I need to add so much more stuff into it.
Speaker ASo they start looking at all the Stacking all of the things that needs to be there in order for that to be highly of valued.
Speaker AAnd that is the wrong approach because people do not buy high ticket based on the logical level.
Speaker AOn its own.
Speaker AThat's not the primary driver of people who buy the high ticket.
Speaker BYeah, totally.
Speaker BIt's about the good quality outcome that we can create for people.
Speaker BWe think it's about us and we think about the demands of what we need to deliver and how much we need to deliver if we're going to be able to charge these prices.
Speaker BBut it's not really the most important factor.
Speaker BThe most important factor is that the client is going to be invested equal to the amount that they have invested, which means that they are going to do work equal to how invested they are in your program.
Speaker BWhich means that a client that pays 15,000 for a program and 5,000 for a program, they, that person will always be three times more invested in a 15K program than a 5K program.
Speaker AWhich take us to what is the main driver of sales of that level.
Speaker AI believe most coaches don't believe that they will be ever be able to sell anything at 15,000 or 20,000 or 30,000.
Speaker AThe thing they buy when you're selling high ticket is identity.
Speaker AIt's a lifestyle.
Speaker AYou sell and you sell the identity.
Speaker AYou sell who they become, who they picture themselves as, how they want to see themselves.
Speaker AWe are high ticket buyers.
Speaker AWe don't.
Speaker AWe don't want to buy something low ticket.
Speaker AWe want high ticket because we want to see ourselves in really getting everything we need to get to the point because it's connected to what is the end goal.
Speaker AAnd that is a connection.
Speaker AWe see ourselves as reaching the end goal and we believe this program will help us to become who we need to be.
Speaker AI just need to trust that.
Speaker AOkay, this will take me there.
Speaker BYeah.
Speaker BAnd this is the company or this is the person.
Speaker AYeah.
Speaker BWill take me all the way.
Speaker BAnd that's a huge commitment in itself.
Speaker BBecause here's another thing.
Speaker BAll people are aspiring, which means all people are looking into the future to create more for themselves.
Speaker BBut there are some people that like dreaming about it.
Speaker BWe call them dreamers.
Speaker BThey are more likely to just dream about it because it creates a fussy feeling in the stomach.
Speaker BAnd there are another type of person who actually goes for it.
Speaker AYeah.
Speaker BAnd the people who actually goes for it, they are interested in investing in their best life that they could see for themselves.
Speaker BWhen we sell high ticket, we're looking for good quality people.
Speaker BThat is a really good match for the program that we have created.
Speaker BSo when you're thinking about creating a high ticket program, we're going to figure out some tools for you to navigate.
Speaker BWe're going to do this during this episode.
Speaker BWe're going to give you some tools so that you can navigate.
Speaker BHow should I start approaching this?
Speaker AI also believe the reason why coaches are not like daring to offer high tickets because they are afraid of the commitment.
Speaker AThey're afraid of the responsibility of people pay me a lot of money.
Speaker AWhat if I can't help them?
Speaker AWhat if I can't support them?
Speaker AWhat if they don't feel that value?
Speaker ASo it's really about why would people pay me that much money?
Speaker AOr they have a poor money mindset and believe that it's a lot of money.
Speaker AI think a lot of coaches are afraid that they will not be able to help the client.
Speaker AAnd of course, that's why you don't start selling high ticket.
Speaker AYou start by selling something where you're comfortable in.
Speaker AAnd once you start helping people with getting the first offer, the high ticket offer is often, since it's something with identity or future, you're selling is often a bigger goal as well.
Speaker ASo when you sell high ticket, the first thing is really you need to trust yourself.
Speaker AYou need to trust that what you're giving, the knowledge you're giving is valuable.
Speaker AAnd I bet most people are listening who are coaches.
Speaker AYou spend a hell of a lot of money on acquiring those compens, on.
Speaker BBecoming who you are today.
Speaker BYeah.
Speaker AThose competences.
Speaker AAnd we need to first of all understand that it has a value.
Speaker ABut we also need to understand it's not about just you or what people buy.
Speaker AIt's about how do we secure that when we have a ticket, no matter if low ticket or high ticket, that they reach the goal.
Speaker ASo high tickets just about reaching a bigger goal.
Speaker BYeah.
Speaker BOn the same journey.
Speaker ASame journey.
Speaker BSo you've helped your clients in one area.
Speaker AYeah.
Speaker BAnd then you look at those as a bundle or you look at them in a group and then from that group you figure out, okay, so what is a common thing that they all had in front of themselves?
Speaker BWhile ending my coaching, while graduating my.
Speaker AThing for us, that means that we have our first program detail which is taking care of coaches who are just starting up.
Speaker AAnd once they hit like those 5 to 10k month, they want to scale and they figure out, you know what, I want the business where I don't have any cap, I go to 30, 40, 50, 80k month.
Speaker AAnd that's what we do in our top 1% program.
Speaker ASo instead of the promise of going to 10k month, well, you go to 30, 50,000amonth instead.
Speaker AIt's a way bigger goal and it's a way bigger journey.
Speaker AIt will just build something else.
Speaker ASo it is also a completely different price point because it's getting you to that point.
Speaker BMost coaches statistically work with people no matter if they sell hours and work one on one.
Speaker BThey work with people between eight to 12 weeks, which is about two to three months.
Speaker BAnd if you're looking at that perspective, so what do you help them achieve in those first two to three months?
Speaker BAnd then you can realize what would they be able to do on the back end of that if they got to work with you for another year, maybe 15 months, maybe 18 months.
Speaker BAnd how would their life be different?
Speaker BBecause it isn't rocket science.
Speaker BThe only unfortunate thing here is how unaware you are of how talented you are with the talents that you have.
Speaker BBecause they're invisible to us.
Speaker BBecause our talents just happens for us.
Speaker BIt's simple.
Speaker BIt seems like second nature because it's such a part of who we are.
Speaker BAnd that's the kind of identity that you want to rub off on your future clients if they can just be close to you and the people who are on the same journey to start acquiring and becoming that person who can have those results as a second nature without having to fight for it or cry about it or suffer in order to have all of what they dream of in their life.
Speaker AIf you want to sell high ticket step number one, have a valuable outcome, a big outcome.
Speaker APeople want to have something that is about who they will become.
Speaker AYou need to offer an outcome people actually thrive for your ideal clients actually want to have.
Speaker BAnd step number two is about making sure that your clients are going to reach that end.
Speaker BOutcome.
Speaker BYou need to have an idea which you already have, but you can draft it on a piece of paper.
Speaker BLet's say you'd spend an hour drafting out the journey and the milestones on the way from when you were at the same place your clients was to the end Outcome.
Speaker BAnd then commit to making sure that you'll do everything that it takes to to help your clients to get to that point themselves.
Speaker BThe most important part is to become super certain about I'll do whatever I have to to make sure that my clients become successful.
Speaker BBecause then your commitment is in.
Speaker BAll that is needed is the client's commitment.
Speaker BAnd if you're both commitment committed to that level, it's going to fly and it is going to work every time.
Speaker AStep number three, build a better money mindset.
Speaker ASo if you believe it's expensive what you're selling, you're going to only be able to attract people who also believe it's very expensive.
Speaker BYeah.
Speaker ASo stop believing expensive.
Speaker AStart focusing on the value.
Speaker BYeah.
Speaker AWhat is the value for money?
Speaker AWhat's the return on the investment of doing this?
Speaker ASo what do they got?
Speaker AYou need to believe it's worth the money.
Speaker AIf you don't own the money, if you can't say the price point.
Speaker BYeah.
Speaker AYou're never going to be able to sell at it, then it's better to start at a lower price point.
Speaker AAnd say you start with 7k, then 8k, then 9k, then.
Speaker ASo you grow into it.
Speaker ASo it become just a number.
Speaker AThat's an easy.
Speaker ALike of course it's 13,000, of course it's 15,000.
Speaker BThere is a super simple thing you can do to get there.
Speaker BSo you could name the price point.
Speaker BLet's say your price point is €18,000.
Speaker BAnd then you can say, this is the price to be able to get everything that I have to reach this outcome.
Speaker BAnd then you could play around with your own thoughts and put what is the cost for a person who gets this opportunity if they not act on it?
Speaker BSo then you're starting to paint out what does it cost them not to be able to reach this outcome?
Speaker BThe moment you start to stack that up on a piece of paper for yourself, you're going to realize that they're not going to have this quality in their life.
Speaker BAnd they might have anxiety and they might be stressed and they might be stuck in their nine to five and they might be living in this way until they're retired.
Speaker BAnd whatever it is that you start to paint out and start to visualize, the cost is always going to be five times, 10 times more expensive of staying in the spot that they are in than achieving the results that you deliver.
Speaker ASo regarding doing the sales, it's really about understanding the psychology of high ticket bias.
Speaker AIt's not to buy more information, it's to become someone.
Speaker AAnd that's what we need to talk into.
Speaker AWho will you become in this journey?
Speaker ASo instead of talking so much about the logical things, you need to picture up more about what would be possible.
Speaker AWhat would the journey look like?
Speaker AWhere will you be on this journey?
Speaker AWhat will your life look different?
Speaker AWho will you become on this journey?
Speaker AAnd then you want to back it up, use the logical thing to back up the emotional thing.
Speaker ASo first you sell it emotionally and then you back it up by the logical.
Speaker ABecause the logical buyer would just, like, need to rationalize why it's a good idea.
Speaker AI want this thing.
Speaker ANow, when we do the more logical pitch, it's about really getting them to trust that that was the right decision.
Speaker ANow you can start stacking what will be included and how will you get them to the point.
Speaker ASo this is where we'll get to and what would it look like to get there?
Speaker AAnd the funny thing that people do not realize is that people who buy low ticket have way more doubt, way more questions than people who buy high ticket.
Speaker BIt's a lot easier to have.
Speaker AIt's actually easier to sell high ticket to the right person than to sell low ticket.
Speaker BAnd it's also easier to deliver and help people.
Speaker AYeah.
Speaker ABecause they're more committed.
Speaker BYeah.
Speaker AThere.
Speaker BThere's a bigger commitment.
Speaker BI love that.
Speaker ASuch a good thing when you are offering this.
Speaker AIf you first get people to realize who they will become and this is the goal and we can see their ident.
Speaker ANow, the back of that is just to make sure there's absolutely no confusion.
Speaker AConfusion kills conversions.
Speaker ASo we don't want to put in because that's the risk.
Speaker AWhen you believe, if you come from a logical frame or believing that selling something more expensive means I need to add more, and you start talking about all the things they'll have, you just overwhelm people and they get into so much, like, drama about all the things they need to do, and you pull them away from what they'll become.
Speaker ASo selling high ticket is not about convincing that they get more.
Speaker AIt's just about getting them to trust and believe that you got the key for them to get what they want, who they want to become, what the life they want to have.
Speaker BJust the right amount to go from A to B. Yeah.
Speaker BAnd I think that, like, that's so, so important because it's your insecurities that want to add stuff.
Speaker BIt's your insecurities that want to make it bigger and sound fancier.
Speaker BBut like you say, yeah, you're going to create complexity.
Speaker BComplexity creates confusion.
Speaker BConfusion creates none.
Speaker BLike the nose.
Speaker AAnd always in sales, remember, whenever two people meet, the one who has more certainty in their belief will always influence the other.
Speaker ASo if the person you are sitting with has certainty in the belief that it's a lot of money, they will probably let you understand it's a lot of money.
Speaker ABut if you come into the call with a certainty of there is no way that you will not get here, you're 100 certain that in one year you will have this lifestyle or you will be this person and this will happen.
Speaker AThey will buy in on your certainty.
Speaker AThe one with most certainty will always influence the other person.
Speaker ASo make sure you're the one who shows up with most certainty on any call you ever do.
Speaker BYeah.
Speaker BAnd if you ever lose certainty, then ask yourself if this client is the right client.
Speaker BBecause if they aren't, there is no shame in that.
Speaker BPeople who shouldn't buy, shouldn't buy.
Speaker AYeah.
Speaker ASo there's literally no persuasion.
Speaker ANo, we never want to persuade anyone to buy anything.
Speaker AIt's just using psychology.
Speaker AYeah.
Speaker BAnd what it means is that no convincing.
Speaker ANo.
Speaker BBecause if you need to convince them to buy, you need to convince them again and again and again and again and again.
Speaker BAnd then you create something that you don't want to be a part of.
Speaker AYou don't need to convince.
Speaker AYou need to make sure you connect them to what they want to achieve.
Speaker AAnd you need to trust that you can help them to achieve that thing.
Speaker BAnd then qualify, that they're ready for the journey.
Speaker BAnd if they are ready and if they want to go, then don't hold back.
Speaker AWhich is the part I really like about high ticket sales.
Speaker ABecause it's more of qualifying.
Speaker AQualifying and disqualified people that are not.
Speaker BReady for that journey or super good.
Speaker BSo it's about qualifying and disqualifying.
Speaker AYeah.
Speaker BThe people who aren't a perfect fit.
Speaker BYeah, I love that.
Speaker BThe last thing to wrap this up, I just want to say that if you are curious about these high ticket coaching and up in a place where you help people to extraordinary results and outcomes, I would say that for the people who are right on the edge, about to start, go for it.
Speaker BAnd if you feel that this is.
Speaker BYeah, I would love to do that, but I don't really know how.
Speaker BThen start with a hybrid version.
Speaker BYou do have a 10 week process.
Speaker BMaybe eight, maybe 12.
Speaker BDoesn't matter.
Speaker BLet's say that it's three months.
Speaker BThen what you can do if you listen to our previous episode where we start talking about group coaching, if you have them for three months, take the clients who are the most hungry that wants more from you and then put them in a one on one series for six months for between €6,000, €8,000 and €10,000 so that you can start getting deep with people and learn what is it that they really desire, what is it that they want?
Speaker BWhat is the commonalities between my different clients?
Speaker BWhat seems to be the thing that all of them wants?
Speaker AIf you like this episode.
Speaker APlease make sure you like and subscribe.
Speaker AAnd we will add a training down below for you to download.
Speaker AThat's our millionaire multiplier method.
Speaker ASo you can see what it actually takes for taking your business where you are right now with the price point you're at and what it would look like step by step to build a million year business and the effect that.
Speaker BIt would have on you and your life.
Speaker BReally cool.
Speaker BAppreciate that.
Speaker BThank you.
Speaker BThank you, Sunny.
Speaker ASee you next week.
Speaker BSam.