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Easy Ways to Improve Your LTV and Lower Your CAC with John Ainsworth
Episode 3963rd June 2022 • Perpetual Traffic • Tier 11
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Today, we are finishing our episode with John Ainsworth talking about after the click stuff. We talk about the importance of funnels and upsells, especially for course creators - and the DOs and DON'Ts when it comes to post-cart conversions.

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Transcripts

Ralph:

Hello and welcome to the perpetual traffic podcast.

Ralph:

This is the show we share cutting-edge strategies and acquiring leads and sales

Ralph:

for your business through paid traffic.

Ralph:

And especially today, we are going to be talking about after the

Ralph:

click stuff and our continuation episode here with John Ainsworth on.

Ralph:

The importance of funnels and today's show, like I said, you should absolutely

Ralph:

listen to part one first, but this is a continuation of all the gotchas, all

Ralph:

the things that you shouldn't do, all the warnings when you're making these

Ralph:

funnels and creating one-time offers when you're, when you're doing order bumps.

Ralph:

Yeah.

Ralph:

Scratch that.

Ralph:

Let me do, let me do that again.

Ralph:

Take two.

Ralph:

Hello and welcome to the perpetual traffic podcast.

Ralph:

This is your host, Ralph Burns.

Ralph:

And this is the show where we share cutting edge strategies and acquiring

Ralph:

leads and sales for your business through paid traffic, as well as

Ralph:

a lot of after the click stuff.

Ralph:

And that's exactly what we're talking about here today.

Ralph:

In part two of our John Ainsworth interview on the importance of funnels and

Ralph:

upsells, especially for course creators.

Ralph:

If you're a course creator, definitely go back and listen to part.

Ralph:

One is a lot of nuggets.

Ralph:

Some things that we've talked about here.

Ralph:

Many times you're on perpetual traffic, but John gives his own take

Ralph:

on it, which is really interesting.

Ralph:

So make sure you go back to part one, there's some real nuggets of

Ralph:

gold there of how to increase your average order value, how to increase

Ralph:

lifetime value for course, creators.

Ralph:

And even if you're e-commerce or service, you're going to

Ralph:

be able to get a lot from it.

Ralph:

So on today's part two.

Ralph:

We'll be talking about down-sells should you do them?

Ralph:

How do you do them?

Ralph:

What are the gotchas?

Ralph:

If you do them, and then also one time upsells and order bumps.

Ralph:

What are the gotchas and things that you really need to watch out for?

Ralph:

I don't think anybody really talks about this all that much, but we

Ralph:

talk about it here on today's show.

Ralph:

So stick around.

Ralph:

We're going to get into part two with John Ainsworth.

Ralph:

Right after this quick break.

Ralph:

So we've gone through order bumps, pretty lot of detail here.

Ralph:

And, and then there's the one the OTO is, I always want to say to

Ralph:

you, is it like one click up sell?

Ralph:

And then there might be a second one.

Ralph:

How about like, what's your take on the down, sell if they don't take the

Ralph:

one-click upsell, like, and then you get, the software that shoots out and said, but

Ralph:

wait, you know, there's your down, sell.

Ralph:

I mean, that could end up if you do that too many times, obviously

Ralph:

sort of start to piss people off.

Ralph:

But the point is, is like, what's your advice on that?

Ralph:

How do you consult clients?

Ralph:

Like when is it right to do it?

Ralph:

When's it not right to do it?

John:

Yeah.

John:

So it's a more advanced tactic.

John:

It's almost definitely not worth doing until you've implemented the whole system

John:

with getting regular email promotions, good sales pages, good checkout pages,

John:

everything else then come back to that.

John:

Cause it's the, the another incremental improvement, but it's smaller.

John:

The thing that tends to work the best with down do it, as part of

John:

that funnel is to do a payment plan or some kind of a breakdown with

John:

the price and the thing that they have just refuse to buy with the.

John:

So let's say you've got an upsell, that's an extra $300 and you can say,

John:

okay, you chose not to get that, but actually you could get that in three

John:

payments of $99 or three payments of $109 or whatever you want to have.

John:

And that tends to be a good kind of down sell to have at that point.

John:

And you can go in and I funnel hacked loads of funnels and you

John:

will see people do upsell one down, sell one and then up sell two.

John:

And so technically what that means is down sell one is like the cheaper

John:

version of what they just didn't get.

John:

And the upscale two is in a separate offer of something else.

John:

And so it's a payment plan or the cheapest.

John:

So there is somebody, I won't say the name, but she's selling

John:

courses about how to make courses.

John:

And I think you probably know who, I mean, Ralph and

Ralph:

I might.

John:

upsell was get a bunch of templates.

John:

You can use your create your course in, you know, you can create your

John:

webinar and you can create your course in your PowerPoint templates

John:

or keynote templates, second thing.

John:

And it was five of them.

John:

And then the down sell is okay, we didn't get all five, but you could get just two.

John:

And so that's kind of another thing that works reasonably

John:

well as the downside as well.

John:

But again, the conversion rates on these are much lower than the original upsell.

John:

So it really is not something to implement until you've got

John:

a lot of other stuff in place.

Ralph:

And I think the fact that you're, for course creators, especially.

Ralph:

So if you're a course creator and you're listening to this show, like these

Ralph:

are golden nuggets here, you don't have to hire an agency to do this.

Ralph:

Not that we, you know, we're not adverse to hiring John or me

Ralph:

or Casa, but the point is it's like, you can do this right now.

Ralph:

Mike, my last question for you here is one of the things when I was being trained

Ralph:

through Ryan dice on funnel and funnel.

Ralph:

Is the thank you page.

Ralph:

The one-time offer the upsell.

Ralph:

It can't be, it's gotta be positioned in the right way.

Ralph:

And I think a lot of people miss this, it's not like it's a bait and switch.

Ralph:

Hey, you just got this thing, but what you really should have gotten was this,

Ralph:

you know, you surprise, I got ya.

Ralph:

And then that leads to a lot of returns and like people getting ticked off.

Ralph:

And so there was an example that, you know, and he and I were working together.

Ralph:

we went down that road and screwed it up.

Ralph:

Like we've made lots of mistakes in this industry, but anyway, it was a really

Ralph:

important lesson because we had a ton of refunds because the offer, you know, the,

Ralph:

the one one-time upsell the upsell itself after the initial transaction, jaded the

Ralph:

initial transaction and just backfired.

Ralph:

So how can you avoid that?

Ralph:

Cause that's a huge trap.

Ralph:

That probably not a whole lot of people think about, and they're like, oh wow.

Ralph:

John's telling me to do this.

Ralph:

I'll just go out there and throw anything.

Ralph:

Like it's gotta be consistent, gotta be very consistent with

Ralph:

what you would previously offer them the logical next step.

Ralph:

You've said that a number of different times, what are the gotchas that

Ralph:

people should watch out for their.

John:

Yeah.

John:

I think what you're saying in terms of don't make it seem like, oh, you, you got

John:

that, but actually that's not worth it.

John:

This is just, I mean, one as a copywriting style, that's disgusting.

John:

Too, if it's an offer issue, it's disgusting.

John:

Cause then you just sold somebody something and then told them, actually,

John:

you shouldn't have bought that really, unless you're going to spend more money.

John:

It's like, that's horrible.

John:

But what you say to people instead is what you just got was fantastic.

John:

This is going to really help with X, Y, and Z is going to make

John:

your life better in these ways.

John:

And then if you want even more of that, here's the next thing to get after that.

John:

So for example, if you, and this is slightly exaggerated because you probably

John:

wouldn't have courses on both of these, but you bought this thing about funnels,

John:

well, once you built your funnel, the next step is going to be Facebook ads.

John:

So therefore that's the upsells.

John:

That's further down the line.

John:

That's more extreme, but like what it typically is is you

John:

bought the beginner course.

John:

Great.

John:

You're going to love it.

John:

You're going to get so much out of it.

John:

If you want to buy the whole bundle of beginner, intermediate

John:

and advanced all in one, go, we'll give you a special discount.

John:

'cause you're going to love that so much.

John:

You going to go through it.

John:

And in two months time, you're going to be ready to go through the next course,

John:

or you've bought a month's membership.

John:

Why not get the whole year's worth at a discount and that's going to be great

John:

for you because then you're going to have access for that extended period of time.

John:

People who stick around for at least five months, tend to get this much

John:

better result than people who only stick around for a couple of months.

John:

So why not commit right now that your life is going to be better?

John:

And you're going to do this for a long time.

John:

You could stick with monthly and that's fine, but if you get the whole

John:

year, it's going to be fantastic.

John:

And it's, it's, it's always just saying to people, this is going to be even better.

John:

Not the thing you got was no good.

Ralph:

So that, that fund, just remember the funnel that we had worked

Ralph:

on, it was like, he's like, it's gotta be better, faster or cheaper

Ralph:

in some way in the delivery of it.

Ralph:

And it was how to distill water from like a S like a muddy

Ralph:

stream was the front end offer.

Ralph:

But it was like, Hey, this is part of an overall survival package of how to like,

Ralph:

live in the wild and be, you know, it was like for preppers, really, which was, and

Ralph:

it was like that fundamentally shifted.

Ralph:

I think it was like, Hey, you just got this thing, but what you really should

Ralph:

have gotten was this is like this piece of hardware that distills it for you,

Ralph:

as opposed to you figuring out what it was like, that was a bad offer.

Ralph:

And it ended up really backfiring, but you're saying it's gotta be

Ralph:

either a part of the whole and or something that just magnifies the

Ralph:

great thing that you already got.

Ralph:

And I think it's really important for people to understand.

John:

Yeah.

John:

And if you're doing something in the services space, then it might

John:

be more like what you just said in terms of the, you know, the ups.

John:

So I've got a friend who who runs his website, job rack.edu.

John:

They do hiring and out in Eastern Europe, he had job ads on the

John:

site, a couple of hundred bucks.

John:

That's great.

John:

Or you can hire him for the more expensive offer.

John:

His upsell is.

John:

We'll do a bunch of it for you.

John:

We'll write the job ad with you.

John:

We'll actually post it out.

John:

We'll make sure it goes out in front of the right people.

John:

We'll do pre-interviews for you.

John:

And then we'll get those guys set up ready, just the top

John:

three for you to interview.

John:

And that costs 10 times as much, but they have like 30% of people buy that.

John:

And so adding that in has like, Dramatically increased

John:

the size of the business.

John:

And so you can have an upsell that's way more expensive than you do it for

John:

you, but it doesn't mean the first one.

John:

Wasn't good.

John:

You could still just have the job ad, you know, like you guys have

John:

got, I believe still a service where you will coach people on how to do

John:

the or you can have the done-for-you service, which is the better one.

John:

And we've got the same thing, right?

John:

We've got a group coaching program and we've got the done for you service.

John:

And so we'll sell people at some point into that.

John:

We're not going to do that kind of thing though, on a confirmation page, like

John:

that's a phone call, that's a, you know, two months later and the thing it's still

John:

an upsell, but it's not the same process.

Ralph:

yeah, it's a continuation of the previous action as a logical next step.

Ralph:

Like it's not, so it's not a bait and switch.

Ralph:

It's not, you know, and even with order bumps, it can be just

Ralph:

about anything as long as it's related to the initial purchase.

Ralph:

Correct.

Ralph:

There are any gotchas there on the order bump side.

John:

No.

John:

I mean, not gotchas.

John:

Exactly.

John:

Because what you can do is you put some, you go through the list of every product

John:

that you've got, that might be a good fit.

John:

You choose the one that you think is the best fit that works out about the right

John:

kind of price point and you put it up and you see what the conversion rate is.

John:

And so it's, so it's so straightforward to test that there's not, there's

John:

nothing really that I've seen.

John:

Like if you, what you don't want us to order bump is something that is needed

John:

to make the original product work.

John:

It can be something that makes

Ralph:

Uh,

John:

or better, but it

Ralph:

good point.

John:

it needed to be included.

John:

Otherwise the product was not.

John:

But it can be a workbook that goes with the course that you can then go

John:

through and it's going to make it easier because it's already predesigned and

John:

you feel everything in, you know, that's extra doesn't have to be included in

John:

the course of the course to be good, bonus, you know, an extra module that's

John:

going to cover, a Q and a, from 10 people who went through it before and

John:

what they found most useful about it.

John:

Great.

John:

That's not necessary, but if it's one of the modules that without

John:

it, the whole thing doesn't work, that, that no longer fits.

Ralph:

Right.

Ralph:

Like, congratulations, you just bought this pen, you know, to

Ralph:

get the ink that goes along with this one pen, click this button.

Ralph:

Right.

Ralph:

But you don't want that.

Ralph:

You maybe want like, Hey, here's the red, you've got blue, but here's

Ralph:

red, green, black, and purple for $5 or whatever it is, you know, in

Ralph:

cartridges, something similar to that.

Ralph:

Okay.

Ralph:

Gotcha.

Ralph:

I'm sort of like you know mimicking, I think what Casa was doing in

Ralph:

the, feather pen space there with the nibs, but just trying to

Ralph:

modernize it just a bit for the 21st

Ralph:

century.

John:

is just listening to this and not it Ralph, to make his point

John:

there took apart a pen showed us what a inside of a pen looks like.

John:

He really wanted to get this across to us what the order bump was.

Ralph:

This is why we should have this on YouTube costume.

Ralph:

There's just so much more value when people can see what,

Ralph:

what the hell we're doing.

Ralph:

John, this has been great.

Ralph:

And we really appreciate you.

Ralph:

Now.

Ralph:

I can put my pen back together, by the way, just, and I just

Ralph:

poked myself and now I'm bleeding.

Ralph:

Ink is everywhere.

Ralph:

It's a big mess.

Ralph:

John, where can people find you and where do they get in touch with you to, to get

Ralph:

some of the goodies that you guys offer?

John:

Yeah.

John:

So we have a group coaching program and a done for you service for people actually

John:

going through and doing all of this.

John:

do that on a.

John:

Profit basis.

John:

So if we help people to increase their revenue, then we get

John:

paid a percentage of that.

John:

There's no there's no cost apart from that.

John:

And we're pretty picky about who we work with.

John:

So the first step to do is you go to cos profit report.com fill

John:

in like 10 to 12 questions there.

John:

And it's, we will figure out for you a personalized plan for your business

John:

in terms of how much extra revenue you could make, what steps to work

John:

on first, we'll send you training about how to do it all for free.

John:

then if you look like you'd be a good fit to work with us, then we'll, we'll

John:

drop you an email about that as well.

John:

So that's cost profit report.com.

Ralph:

Chorus profit report.com.

Ralph:

Awesome.

Ralph:

And people wanted to connect with you specifically.

Ralph:

Is it a LinkedIn Instagram thing, any links we want to

Ralph:

leave in the show notes there or

Ralph:

profit.com is good enough.

John:

John at data-driven marketing.co as best way.

John:

I'm not on social media, all that much really.

John:

. Ralph: Yes, he's a holdout.

John:

That's good.

John:

I love people like you and you're still doing well without the socials.

John:

That's awesome.

John:

Well, thank you so much for coming on this week's show and thank you

John:

all for listening our show notes will also be over@perpetualtraffic.com

John:

on behalf of my awesome cohost COSAM Ozlem until next show cm.

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