Could Coaching Bring in More Money Than Products?
Have you been too focused on product creation to consider other avenues for profits and success? Another common path is services ñ such as virtual assistant, graphics designer or ghostwriter.
But thereís also the path of coaching others that can deliver incredible profits to your bank account. You may be thinking that in order to be a coach, you have to have proven success in many areas.
And itís true that you canít embark on a ìblind leading the blindî approach. But understand that in order to coach others, all you need is to be a rung above them on the ladder of success.
You donít have to be a multi millionaire or a size 4 or have found the fountain of youth to help others with their problems. You can lead others to financial success if youíve consistently earned a bit online.
You can teach others to lose weight if youíve lost some yourself ñ even if youíre not to your goal weight when you begin coaching. And you can assist men and women in their anti aging efforts, even if you have a few wrinkles around the eyes or age spots on your hands.
Itís all about turning around and reaching back to lend a hand to someone who isnít as far in their progress as you are. Coaching can be one on one mentoring or group coaching, if you prefer.
It can be done once or repeatedly over time. You can sell bundles of coaching calls, with discounts for the more coaching sessions they buy. For example, one coaching call might be $100. But if they buy a 4-pack, then you might let them have that for $300.
How can coaching take place? Thatís the beauty of it. It can be whatever you feel comfortable with. Maybe thatís email or phone or Skype or even in person! There are some marketers who fly to their clients for coaching in a face to face encounter.
People who want coaching are often willing to pay because they want the individual hand holding. They want to know that if they have questions, youíre there to answer them anytime.
You might want to try offering a coaching during your upsells in the funnel process. Start with a no brainer front end product, and add a personal coaching session as a high ticket upsell during the checkout process to see how well it goes over.