Newsletter archive · 1 Jul 2024
It’s Ok to Charge More
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Hi Reader, Usually, writers and creators start with low-ticket offers. These exist at the bottom of an offer pyramid. That’s what I did a few years ago, and it’s a mistake. Here’s why: I started by selling books. Books are fun to write, but they take months to ship, and they don’t generate a great return. Other writers follow a similar approach with printables and low-price digital downloads. You’ve got to sell a lot of these to earn. I also scraped together money from the Medium partner program and freelancing. Freelancing is time-intensive. Partner programs are a grind. And you’re a slave to an algo. Then, I moved up the pyramid to affiliates and sponsors. Lucrative, yes, but affiliates regularly change and even kill their programs. (I generated over $10k in sales for one particular writing app, and they paid me only a few hundred dollars.) Further up the pyramid are courses. Courses are profitable, but students don’t always take them. And they date. I still sell courses but only as an add-on to what’s at the top of my offer pyramid: I work with a few Pro Writers every month and help them build a writing business. Here’s an example: I host two writing workshops a month for a one-time fee. The workshops are actionable. I don’t sell on them. But ticket holders can upgrade to work with me if they want more help for a weekly fee. All I have to do is… Write a daily email like this one. Host two workshops a month. Deliver value to paying clients. I’ll show you how to develop your own pyramid inside my Weekly Recurring Revenue Workshop. It includes creating one offer with increasing levels of access: Then, I’ll show you how to capture weekly recurring revenue and the big one-off payments that we all love. Tickets are just $97. They expire in 3 days. You in? Write on, |
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