4.8 • 821 Ratings
🗓️ 21 March 2025
⏱️ 10 minutes
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0:00.0 | What if you're running ads to a low ticket offer, but instead of breaking even or profiting, you're actually losing money or even a lot of money? |
0:08.0 | Well, that's exactly what happened on a recent call with someone that I had, and they were spending like $1,000 on ads but had only made $600 back. |
0:17.0 | At least they were quite accurate in their data tracking. |
0:20.0 | So that would be a 0.6 |
0:22.4 | ROAS return on ad spend not exactly a winning funnel but after diving in with them I |
0:27.9 | found a few key issues and simple fixes that should completely change their results and |
0:33.7 | so you can implement these same fixes in your SLO offer, if you will, in your self-liquidating offer. |
0:42.3 | So in this episode, I'm going to break down the tweaks that I recommended, including the pricing strategy and upsells. |
0:47.3 | And also, I made a recommendation about how to make money from the email list. |
0:52.3 | You can apply these to your offer too. So this person was running their ads to a $19 mini course |
0:58.0 | with a $9 order bump, |
1:00.0 | but they're only making back 60% of their ad spend. |
1:03.0 | And I asked what the order bump conversion rate was, |
1:06.0 | and they said 80%, which sounds great. |
1:09.0 | Actually, that is amazing, but it's too high. Remember, they |
1:12.1 | came to me because they weren't breaking even. And so you know what I told them? Well, I'll tell you |
1:15.9 | later in the episode. But also, what else? The other problem I noticed was that there was no upsell. |
1:20.4 | And so they weren't capturing additional revenue from buyers. Remember that if you're running |
1:26.6 | cold traffic to your SLO funnel and |
1:29.3 | you know the messaging is right, you know, the order bump has, allows you to obtain a result |
1:34.3 | that the first offer works towards, but in a more quick way, saving you time and the upsell |
1:39.3 | does the same thing, you should see somewhere around 15%, maybe 20%, if you're doing good, of the people who get the first offer, let's call it the $19 offer, also buy the order bump. |
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