Selling High-Ticket Products and Services
The fastest path to $1 million or more in revenue | $97.00 Value
In between my first marketing job and becoming a freelance copywriter, I worked for about a year in sales.
One of the first things I did was set up a marketing system to deliver high-value leads directly into my pipeline.
Basically, we sold training priced from $99 to $30,000+.
And while I could’ve talked to people all day long to sell training at $99, $199, etc…
I decided I’d much rather make the $5,000, $10,000, even $30,000 sales.
So that’s where I focused my efforts.
The company was doing about $300,000 per month at the time.
So a single one of those $30,000 sales was something like 10% of the monthly revenue.
A couple was 1/5 of the monthly sales.
Makes a big difference to the company.
And if you’re getting paid commission — as I was — it makes a big difference in your monthly check.
Let me admit, too, that I was kind of lazy.
While I was happy to do the work to generate results, I wanted to focus on high-impact, or high-leverage work.
I didn’t want to have to make a ton of small-dollar sales to add up to a big check.
I’d rather make a couple big sales and have an incredible month, without ever grinding away for pennies on the dollar.
The bigger your transaction size, the easier it is to get to $1 million.
At $200 a pop, it takes 5,000 sales to make $1 million in revenue.
That’s 5,000 customers or clients you have to attract, convert, and serve.
For $20,000 sales, you only need 50.
And at $200,000, you only need 5.
And here’s the thing…
Not only is it far easier to get 5 or even 50 customers than it is to get 5,000.
They’re going to tend to be much better, less demanding customers (counter-intuitive, I know).
And there’s far more margin in the sale, to both improve the customer experience AND the take-home profits at the end of the day.
It’s win-win.
Within a couple months, I was consistently among the top-performing salespeople in the company.
I didn’t have a ton of huge sales every month.
But sometimes I’d sell $100,000 or more in training.
And the majority of times a $30,000 purchase order would come off the fax machine, it was one of my prospects.
It underscored the lesson.
If you want to make a lot of money in sales (including sales-multiplied direct response marketing), find high-value clients who are interested in buying high-ticket products and services…
Then, cater to them.
When I became a full-time freelance copywriter in 2010, I immediately went upmarket.
Basically, I found clients I wanted to work with who would value my services at the highest level.
… Clients willing to pay more for the same hours’ worth of output.
And that’s who I created my offers for.
Then, I followed my proven process for selling high-ticket, over and over again.
Plus, I learned and grew.
I continued to refine my offers, and my process.
And I worked with clients who were selling high-ticket products and services. (These were often my biggest-dollar campaigns.)
I raised my copywriting project fees from $2k to $4k to $5k to $10k to $20k and beyond.
And now I use these same skills to drive client relationships worth well into the six-figures.
There are proven processes to follow.
It is a little different than selling lower-ticket items.
It does demand a different skillset.
And it’s especially hard to sell high-ticket if you’re afraid to get on a call or do meetings with clients.
But it’s really not that hard.
And the skills for high-ticket sales tend to be pretty universal, once you understand them.
Which means the same thing I used to sell IT training and copywriting services can sell pretty much any business services, as well as higher-ticket items across the board.
Let me teach them to you…
Selling High-Ticket Products and Services: The fastest path to $1 million or more in revenue is the February 2024 Monthly Insiders Call for BTMSinsiders members.
This exclusive benefit of membership — included as part of the BTMSinsiders All-Access Pass — allows you to participate in the training live, plus gives you access to all past Insiders Calls recordings.
Roy Furr
Video Lesson (1:13:02)
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Selling High-Ticket Products and Services
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