Go from SMS to Consulting or Go Straight to Consulting?
Many people seem to sell SMS for a setup fee plus $75-150 monthly - and that's my current approach as well. But I've come across some people advising that we position ourselves as "mobile marketing consultants". That way we can charge $300-500 monthly, and even more so for high ticket businesses. We're not competing for SMS pricing on a package or "per text" basis as we offer more value with consulting, and since we will bring a lot more value to them that what we charge them for, it's a win-win in any case for them.
Would you go for a lower set up fee and then try to upsell the coaching, or since some coaching is integrated in the SMS set up, it makes more sense to go for it right off the bat?
The way I see it, if our fees go from $100 to $300 monthly, we'd need to lose 66% of our sales to lose money. So if we close 1 out of 90 instead of 1 out of 30 we're still breaking even. Of course, a higher volume of buyers can mean a greater chance for further business down the road, but in reality, I've found that businesses paying higher fees are easier to deal with, and will purchase further products more easily.
I'd still like to get more people with "pure SMS" first, but I'm out of idea on how to upsell "mobile consulting" as in my experience, the greater bulk of the consulting work is done in the initial grunt work.
Any ideas?
And BTW on a related rant, some of you guys need to stop selling your services for so low! You're losing out big time and it will cost your clients too down the road if you're not in business anymore to service them!
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