MBA2360 Q&A Wednesday: Is it better to sell high ticket or low ticket offers when getting started?

The $100 MBA Show

Omar Zenhom

Entrepreneurship, Business, Careers, Marketing

4.8 • 2.2K Ratings

🗓️ 6 September 2023

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

When it comes to choosing between low ticket or high ticket offers, there's no one-size-fits-all answer. It depends on your specific situation and what motivates you as an entrepreneur.

Many experts argue that starting with high ticket offers can be more beneficial in terms of generating sustainable income. In this episode, we'll dive into the advantages and considerations of both high-ticket and low-ticket offers, examining which approach might be more suitable for you when you're still building your customer base and establishing your business.

So if you're ready to uncover the best approach for selling high-ticket or low-ticket offers when starting out, let's get down to business!

Transcript

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0:00.0	Heyo! Welcome to the $100 R.M.B. A show!
0:09.0	Heyo!
0:10.0	Welcome to the $100 R. M.
0:12.0	Because a better business begins with you.
0:13.7	That's why we deliver practical business lessons.
0:16.7	I'm your host, your coach, your teacher Omar Zenhome.
0:19.6	I'm also the co-founder of Webinar Ninja, an a Bended Software Company I started back in 2014.
0:24.6	And today's episode is Q&A Wednesday.
0:27.0	On Q&A Wednesdays we answer a question from one of you, one of our listeners.
0:30.6	If you got a question you want to ask, go ahead and email me over at omar at 100 MBA.net.
0:36.4	Today's questions from Max and Max asks a very simple question but an important one.
0:41.4	Is it better to sell low ticket offers or high ticket offers when you're getting started?
0:46.4	For those who are new to the terminology, low ticket offers basically means a low ticket product service
0:52.4	course, coaching, software, whatever. a low ticket product service course coaching software whatever it might be the price tag is roughly
0:57.2	you know under two thousand dollars high ticket offers usually mean you're selling
1:02.0	something that's ten10,000 or more.
1:05.0	Now that could be for a year's membership or year of consulting,
1:10.0	but that's really where the range is.
1:12.0	Now of course there's things that are three or four or five thousand dollars and that's
1:15.0	somewhere in between mid-offers and there's a lot of discussion about that is it even worth
1:19.9	doing mid-offers.
1:20.9	Might a little high ticket, same amount of effort, but that's a different story, a different
	...

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