Offers that Nail Down Sales - podcast episode cover

Offers that Nail Down Sales

Jun 15, 2020
--:--
--:--
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description


What is an offer
- Not just what you’re selling, although that’s a big part of it
- It’s how you sell it. How you present it. How you arrange it.
- For testing, it’s one of the Big Three (besides headline/hook and pricing/payment plans)
- Maybe you’ve heard: “The best product doesn’t win. The product with the best marketing wins.
- Often, the product with the best marketing ends up being the product with the best offer
- The conventional wisdom on what an offer is:
- core product plus bonuses
- dollar value, dropped to selling price
- value stack: taking what’s in the offer and making it seem as valuable as possible
Why most offers don’t work nearly as well as they could… or… don’t work at all
- Sometimes they were just thrown up there like spaghetti against the wall, to see if it will stick
- But often, the reason they don’t work is because
- They’re what the business owner wants to sell the customer
-or-
- They’re what the business owner thinks the customer should want
-rather than-
- A watertight fit with what the customer really wants
How to go about building an offer that will work
- For a product - special, high-value related bonuses, or discount
- For service businesses - free initial consultation, but craft it to be valuable. Offer some specific, tangible-as possible outcomes for the prospect — no strings — that you can deliver in the course of a session
- For digital subscription businesses or software: free first month. Don’t expect “free” to carry the offer by itself. Make sure they know what they’re getting ahead of time, in as much benefit-rich detail as possible
Other factors
- value, security (risk-reversal), and the “perfect fit”
- the emotional wrapping paper on a solid, attractive offer
Examples of great offers
Infoproduct/software (easy to discount)
- Carlton - Kick-Ass Copywriting Secrets of a Rebel Marketer - 80% off ($20)
- Kirk Hunter Orchestra - Reg 500, on sale for 100. On the advice of my music teacher, I grabbed it


Download.
For the best experience, listen in Metacast app for iOS or Android