question for people selling high ticket items

18 replies
I just joined a very high ticket affiliate program that I actually found from this forum. I'm not at all use to high ticket items. But I was wondering is it possible to close 100-1,000 sales a month If I send highly targeted traffic to a email sales funnel that then leads to a sales team. Or is it more like 20 or something a month id be looking at. And I know if all depends on how well my sales funnel is. But i'm just looking to see what other people have done and maybe learn from their experiences.
#high #items #people #question #selling #ticket
  • Profile picture of the author Wade32
    First of all, anything is possible. Assuming that you have built a big list, and your content is catchy enough for them to open the email and click the link, then this is very possible. I think stats like this call for a really big list...

    Someone correct me if I'm wrong, but I believe the generic stats for email marketing is around 22% of the people will open your email. After those people open, then out of those people, 3.5% of them will click your link...

    Now I realize that this is not the norm for everyone, but it gives you some stats to look at and shoot for.

    A list of 10,000 people and a product of $19.95 would generate this from the stats above:

    -22% will open= 2,200 people
    -3.5% will click= 77 people
    77 X $19.95= $1,536.15


    The more people you have, the more chances there will be for sales.
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    • Profile picture of the author StewartJ
      Originally Posted by Wade32 View Post

      First of all, anything is possible. Assuming that you have built a big list, and your content is catchy enough for them to open the email and click the link, then this is very possible. I think stats like this call for a really big list...

      Someone correct me if I'm wrong, but I believe the generic stats for email marketing is around 22% of the people will open your email. After those people open, then out of those people, 3.5% of them will click your link...

      Now I realize that this is not the norm for everyone, but it gives you some stats to look at and shoot for.

      A list of 10,000 people and a product of $19.95 would generate this from the stats above:

      -22% will open= 2,200 people
      -3.5% will click= 77 people
      77 X $19.95= $1,536.15


      The more people you have, the more chances there will be for sales.
      Now if only 77 click-throughs would equate to 77 sales that would REALLY be something! :rolleyes:
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  • Profile picture of the author Greedy
    Anything is possible.

    Just make sure you write good copy, and keep testing new things.

    A few more opens can make a difference.
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  • Profile picture of the author headmaster211
    Banned
    Yeah definitely, if you have 10,000 people searching for "Dairy milk" or "Plasam TV". If its a buyer keyword and people are looking to buy it, they will buy. Doesn't matter its a $3 product or $1,000. If we go to a shop looking for a TV, we get it, how costly it is because we were already expecting it to be of that amount. Isn't it?
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  • Profile picture of the author Alexa Smith
    Banned
    Originally Posted by Wade32 View Post

    Someone correct me if I'm wrong, but I believe the generic stats for email marketing is around 22% of the people will open your email. After those people open, then out of those people, 3.5% of them will click your link.
    I never know where these figures come from, but personally I'd regard that result as an unmitigated disaster, in any of my niches, high ticket or otherwise.

    It baffles me how anyone can consider it "reasonable" or "normal" or "average" for a professional marketer to spend so much of their time marketing for list-building purposes and communicating with their subscribers, 78% of whom won't even open the marketer's emails. There just aren't words to describe it (fortunately).

    Originally Posted by Wade32 View Post

    a product of $19.95 would generate this from the stats above:
    Maybe so, but this thread's about "very high ticket affiliate sales".

    That typically refers to such promotions as private jet hire/African safari vacations, not to $19.95 e-books.

    Originally Posted by TGforever View Post

    I just joined a very high ticket affiliate program that I actually found from this forum. I'm not at all use to high ticket items. But I was wondering is it possible to close 100-1,000 sales a month
    Not really, no: most of the "very" high ticket affiliate programs that I've seen in this forum (and certainly all the ones I've recently mentioned myself, in two or three threads) are not themselves making 100 - 1,000 sales per month out of the entire program, and the experience of one affiliate bringing in that number of sales would be, to put it very mildly, totally unprecedented.

    Prospective customers highly targeted enough to be able to make "cold sales" of those items/services to people with whom you don't have an existing relationship are typically very few and very far between.

    This is among the reason those affiliate programs have such a high affiliate turnover, the great majoirty of affiliates who sign up never actually making a sale at all.

    Certainly, with the ones I've recently listed/suggested here, if by any chance you're referring to any of those, for an individual affiliate to bring in more than one or two sales per month would be quite a rarity (it would undeniably be pretty well paid, though!).

    You're quite right about the outcomes all depending on your funnel, and I wish you well with whichever one you're trying.
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  • Profile picture of the author shane_k
    I have one high ticket Item that I promote, and I do want to get into more.

    Here is something that I recommend that you do.

    type in the name of the product that you are sellling into Google

    Take the top 10 results from the first page and type each site into Quantcast.com

    This will give you a bunch of information about those sites and their customers.

    It will tell you what their approximate age is, what their education is, what their average income is and it will suggest other blogs, and sites that these people also visit.

    So if you are targeting people who make $250,000 - $500,000 year it will suggest other sites and blogs that these people visit, and what you want to do is to visit those sites and either comment on the blogs with your links (if allowed) or see if you can put up banner ads or target those sites with PPC.

    Obviously the reason you want to do this is so you are pretty much sure that the poeple who are seeing your banner ad, blog comments, or ppc ads, are people who have the money to buy your high ticket item, and not only that but they are people who won't flinch about spending that much money.

    PS, if you are promoting high ticket products you should look into getting Dan Kennedy's book "The No BS Guide to marketing to the affuent"

    I am finding it is a great read, and gives you a bunch of ideas on different niches that target wealthy affluent people.
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    • Profile picture of the author Alexa Smith
      Banned
      Originally Posted by shane_k View Post

      PS, if you are promoting high ticket products you should look into getting Dan Kennedy's book "The No BS Guide to marketing to the affuent"
      This is for sure ... a great recommendation.

      Other names to Google and products to look at/think about in this context include those of Susan Adams and Kelly O'Neil.
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      • Profile picture of the author myob
        A recent book which I have found especially helpful is "Brand Against the Machine: How to Build Your Brand, Cut Through the Marketing Noise, and Stand Out from the Competition", by John Morgan. Although specifically for online marketing, it really is nothing new or fundamentally different from some of the "old school" marketing and sales classics. The author pragmatically discusses these basic principles:

        * Know who your target audience is and what they want.
        * Define your position as the go-to authority in your industry.
        * Determine your audience's problem and create a solution for them.
        * Produce valuable content that attracts your audience and engages them.
        * Promote yourself without pestering people.
        * Over-deliver on your promise.

        With adaptation to new media and technology, these methods work just as well today as they did hundreds of years ago.
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  • Profile picture of the author TGforever
    Thanks for the advice guys.

    Alexa Id love to look at the threads you mentioned.

    I plan on driving ppc/ppv traffic to the optin page but I dont want to waist money if its going to take me 1k and a whole month just to get one sale.
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    • Profile picture of the author Alexa Smith
      Banned
      Originally Posted by TGforever View Post

      Alexa Id love to look at the threads you mentioned.
      I just mentioned a few in posts like this: http://www.warriorforum.com/main-int...ml#post6858363 (those are ones which are still active - there are some older threads with lists, but many of them aren't still trading and/or have had the most horrendous publicity of various kinds! - I believe these to be "honest and genuine and safe" but that's a combination of personal impression and second-hand reports only).

      Originally Posted by TGforever View Post

      I plan on driving ppc/ppv traffic to the optin page but I dont want to waist money if its going to take me 1k and a whole month just to get one sale.
      No, I hear you there (unless it's a sale that earns you $3,000 or something, anyway? ).
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  • Profile picture of the author TGforever
    Great thanks! I think im just gonna test small and see how that goes. Give it a month or two of testing and if no sales drop it and move on. Wouldn't it be nice if we could make as many sales with high ticket as low ticket.
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  • Profile picture of the author Robert G Williams
    Hi TG,
    If you have everything set up on autopilot then the there’s no limit to what you can make. And traffic is the key to all these items.
    As you say this is a high price ticket item so you don’t need that many sales to make a lot of money.
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  • Profile picture of the author TheBlueWizard
    Depends on how 'high' ticket of an item it is. 1,000 laser targetted visitors buying a $5 product will always convert insanely well compared to 1,000 laser targetted visitors being shown a $100 product.
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    • Profile picture of the author shane_k
      Originally Posted by TheBlueWizard View Post

      Depends on how 'high' ticket of an item it is. 1,000 laser targetted visitors buying a $5 product will always convert insanely well compared to 1,000 laser targetted visitors being shown a $100 product.

      The argument that a lower priced product will always out convert a higher priced product is not always true.

      When people buy something it's not always about price, in fact it is rarely about price at all. It is more about the value that the person feels they are getting in exchange for the price, for the money that they are handing over.

      Not only that but there are too many variables to compare the two.

      I could have a good $5 product but if I suck at communicating it's value, and you have a $100 product and you are great at communicating it's value, you could have higher conversions on your higher $100 product then I would on my $5 product.

      Or I could have a good $5 product, but if I have a lousy relationship with my subscribers, or I am unknown, and you are very well known, and have a great relationship with your subscribers again you could out sell me with your $100 product compared to my $5 one.

      There is also the variable of what defines a "high ticket" product.

      For someone making $25,000 a year a $100 product might be considered high ticket.

      For someone making $500,000 a year, a $100 product might be considered extremely cheap.

      My point is there are just too many variables to make a blanket statement that if you have a cheaper product it will always convert insanely well compared to a $100 product.
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      • Profile picture of the author TGforever
        Originally Posted by shane_k View Post

        The argument that a lower priced product will always out convert a higher priced product is not always true.

        When people buy something it's not always about price, in fact it is rarely about price at all. It is more about the value that the person feels they are getting in exchange for the price, for the money that they are handing over.

        Not only that but there are too many variables to compare the two.

        I could have a good $5 product but if I suck at communicating it's value, and you have a $100 product and you are great at communicating it's value, you could have higher conversions on your higher $100 product then I would on my $5 product.

        Or I could have a good $5 product, but if I have a lousy relationship with my subscribers, or I am unknown, and you are very well known, and have a great relationship with your subscribers again you could out sell me with your $100 product compared to my $5 one.

        There is also the variable of what defines a "high ticket" product.

        For someone making $25,000 a year a $100 product might be considered high ticket.

        For someone making $500,000 a year, a $100 product might be considered extremely cheap.

        My point is there are just too many variables to make a blanket statement that if you have a cheaper product it will always convert insanely well compared to a $100 product.

        This is a really good outlook on it. I didn't even think about the scale of what people were making a year! (an aha-retard moment)
        This product that id be promoting is over 5k+ and its to corporate businesses, not the individual, marketer. I guess with us Internet Marketers we are always willing to buy things to help us in our business, so why wouldn't a large company fork over the money when, it will help their business grow. This is where you really need to do your research before starting to market an offer. Im still doing mine, before I jump in the pool!
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        • Profile picture of the author JohnMcCabe
          Originally Posted by TGforever View Post

          This is a really good outlook on it. I didn't even think about the scale of what people were making a year! (an aha-retard moment)
          This product that id be promoting is over 5k+ and its to corporate businesses, not the individual, marketer. I guess with us Internet Marketers we are always willing to buy things to help us in our business, so why wouldn't a large company fork over the money when, it will help their business grow. This is where you really need to do your research before starting to market an offer. Im still doing mine, before I jump in the pool!
          You are still marketing to people, albeit people with a vested interest in covering their own asses.

          In a corporate setting, you often have two sales to make, sometimes several times as you go up the levels of approval.

          > Will I look like a hero if everything goes well? Will I get a raise/bonus/promotion for recommending this product?

          > Will I get fired if the shit hits the fan and things go south? Will I get blamed for recommending this product?

          There used to be a saying among corporate buyers - "No one ever got fired for recommending IBM."

          Given that you're still standing on the edge of the pool, I'd wager that you aren't IBM...
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        • Profile picture of the author myob
          As John mentioned, marketing to corporations, especially high ticket products, requires a multi-faceted marketing approach. This may include offline as well as online methods depending on the niche. Perhaps the most difficult part for a beginner is finding who the decision makers are, which often involves several individuals and tiers of approval.

          An effective actionable strategy I use is to position oneself above the competition within a niche as an "expert", who can then credibly recommend a product or service to inquiring prospects. Reaching targeted corporate buyers directly can be effectively accomplished through press releases, social media, and article syndication in business specialty blogs/websites, ezines and relevant offline publications.
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  • Profile picture of the author shane_k
    One more thing for you bluewizard.

    Have you ever heard about the quote, "It takes just as much effort to sell a $50 product as it does a $500 one."

    Take some time to really think about that.

    how much effort are you putting in when you are promoting a $5 product?

    how much effort are you putting in when you are promoting a $50 product?

    I am betting that there is not much in what you are doing.

    you would still be doing articles, backlinking, seo, facebook/twitter/social media marketing, etc.

    so if you are going to be doing those things anyway, why not put the effort in to sell the $50 product over the $5 one?

    of course like I said in my above post it would depend on many variables.
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