Where to Find Prospects for Expensive Products?

8 replies
So i hear that it's just as easy to promote and sell an expensive product as it would be a $7 e-book. But where do you start? Where do you go to find the people that are actually willing to pay $300, $500, or even a $1,000 for a single product. Now i know that you cannot simply just mass market to a certain target market. If you make any sales at all it will only be after personally communicating with your prospect and gaining their trust. These are my views...
But i still need to know where to find them...
#expensive #find #products #prospects
  • Profile picture of the author Kevin Williams
    Ingrain yourself in their culture. Lots of people looking for big ticket items might share a forum or something. Become an expert on the product, build up your post count, and people will look up to you for knowledge on it.

    Or you could build a luxury-item review site. I know some people that do well with these. They'll review high-ticket items and rely on SEO traffic, PPC traffic, etc. If you have good reviews this can pay out pretty well... almost worth hiring a decent copywriter for this.
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    • Profile picture of the author myob
      Consider that your prospects' buying habits for expensive products may not be entirely online. Knowing and relating to the demographics of your target market is essential.

      Perhaps the easiest method is to market your product offer in the publications which they read. These could be specialized ezines, newsletters, offline magazines, etc.

      A marketing sequence of list-building and promoting increasingly higher end products works well, because this builds layers of trust upon each satisfactory transaction.

      You may need to offer multiple communication channels to maximize conversions, such as social media, telemarketing, mobile marketing, webinars, local seminars, direct mail, and even personal selling.
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  • Profile picture of the author Opeth-S
    Nicolas: I think I can help you. I put together an entire site dedicated to high end affiliate products and how to find prospects for them linked in my sig below. Let me know what you think!
    Signature

    Big Ticket Affiliate Program Directory:
    www.highpayingaffiliateprograms.com

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  • Profile picture of the author alanborcic
    Read the book "Marketing For Affluent" by Dan Kennedy, he covered this topic extensively in his book. In a nutshell, find where they are hanging out (golf tournament, charity balls, etc), what kind of magazine they read (Robb Report, etc), exclusive car dealers, yacht dealers, etc
    Signature

    Get Life You Deserve
    Alan Borcic
    www.alanborcic.tv

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  • Profile picture of the author drlelong
    People who buy $7 products will often pay $1000 for products, if the products provide the desired value at the more expensive price point.

    You'd be surprised what happens when you put high ticket webinar offers on your $7 product download pages.
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  • Profile picture of the author John J M
    Two quick tips:

    One is to use a an email list/email series that will give away a lot of value. Offer a couple lower ticket items to the list at first and then a higher one later down the road. This can segment the list and show you people who are willing to spend in that niche after trust is built.

    Two is to use LinkedIn. Because of the nature of that site, a higher % of the people there are more likely to buy higher ticket items. For example, I know several people who are successful in selling mobile sites to business owners there (often a $400-$1,000 per package kind of deal).
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  • Profile picture of the author Victor Edson
    You really need to define your product before you can define your target market. Getting paid $400 for a loan offer is much different than selling $100,000 pieces of machinery.
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  • Profile picture of the author shane_k
    I second reading "The No BS Guide to Marketing to the Affluent" by Dan Kennedy. It is such a great book and filled with amazing information.


    As for how to find your target audience there are a bunch of things that you can do.


    You can start out by figuring out your main keywords

    type them into google

    Take those top 10 sites and enter them into Quantcast.com

    Quantast will give you the demographics of each sites visitors. Their age, education and more importantly their average wage.

    You can play around with a variety of sites until you start hitting sites who's customers earn the approximate wage that you are targeting.

    Or you can start with higher end products and start your research that way.

    Look to see what blogs, forums, webinars, online magazines those products are being sold on and enter those into quantcast.

    You can do what others have already suggested and target offline magazines and publications, or do a google search to see if those offline magazines and publications have anything online.

    You can start your search by targeting them by industry.

    Think of people who are wealthy and what industries they work in.

    Find online forums, magazines, publications, blogs, sites, about those industries. Now pay attention to the ads and products being promoted.

    This will give you an idea of products that you can promote to those wealthy individuals.

    You can then do some keyword research on those sites you find about those industries and enter the keyword information into quantcast.com (I love this site) and get a list of more sites that those people potentially visit.

    not only that but quantcast will also give you the keywords that those people most likely typed into the computer to get to that site.

    Quantcast is a goldmine of information if you know how to use it.
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