High Ticket Sales: A Guide To Selling Expensive Services (2024)

High Ticket Sales: A Guide To Selling Expensive Services (1)

Let’s say you’ve spent a lot of time crafting an amazing high-ticket product or service, but your inbox isn’t getting any feedback. No one’s biting. What’s the deal?

Often, it comes down to not knowing your perfect customer — or not having a solid way to reach them. Here are some key techniques that work in 2024:

Monetization - Sales

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• Take your target company
• Find decision-makers on LinkedIn
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— MATT GRAY (@matt_gray_) December 20, 2023

Identifying the Right Target Market

Finding your target market requires you to choose the right tools for the job. This is especially true with high-ticket sales.

Why does it matter? Because high-ticket items involve a big investment. People need to feel certain that what you’re offering is the solution to their problem.

You can’t convince everyone. You need to pinpoint those who deeply resonate with your offer:

  • Drill Down on Pain Points: Don’t just think about demographics. Dig into the problems your solution tackles. Are you helping busy professionals save time? Is your course the key to a dream career? Get specific.
  • Observe the Competition: Who’s already serving a similar market? What are they saying? How do they engage with their audience? This intel is gold.
  • Talk to Potential Members: Surveys, interviews, even casual social media chats. Get into the minds of people who might need your solution.

This can all seem overwhelming at first, but take it one step at a time. Those ideal customers or members are out there waiting for your solution, you just need to know where to look.

Creating a High-Ticket Sales Funnel

Now that you know who you’re talking to, how do you actually get those sales? That’s where the sales funnel comes in. Unlike old-school, pressuring sales calls, today’s high-ticket funnels are all about building trust and value.

Think of a funnel as a journey. You guide your ideal customers or members through a series of steps, gradually warming them up to your high-ticket offer.

Every good funnel is unique, but there are some common elements:

  • Attention-Grabbing Content: Think blog posts, videos, or social media posts. These help hook your ideal customer and showcase your expertise.
  • Lead Magnet: A freebie of immense value (like a mini-course or exclusive report) can be offered in exchange for an email address.
  • Nurturing: Emails that continue to provide value and build a relationship can be used to address common objections to your high-ticket offer. My Founder OS newsletter goes out every Saturday, giving my audience a weekly resource with tips and insights for business growth.
  • The Sales Pitch: This can be a webinar, a sales call, or anything else that gets you in direct contact with those potential members who are truly ready to buy.

Selling high-ticket items is all about becoming a trusted part of your ideal customer’s world. A well-crafted funnel gets people excited to join your community, not just buy a product or service.

Effective Marketing Strategies for High-Ticket Items

You’ve got a great offer, and you know exactly who would love it. So, how do you get it in front of them in a way that converts? That’s where strategic marketing comes in.

High-ticket sales aren’t like grabbing a pack of gum at the checkout counter. People need a reason to invest. Effective marketing builds that reason, showcasing the immense value you provide.

Here’s how to do it:

  • Content Powerhouse: Blogs, videos, and podcasts are how you establish expertise and become a go-to resource in your niche.
  • Social Proof Master: Testimonials, case studies, and glowing reviews? Trust me, people are checking these out before making a big purchase.
  • Personalized Outreach: Blanket emails blasting your offer won’t cut it. Targeted communication and tailored content make all the difference.

The most successful high-ticket sellers aren’t merely marketers. They are also community builders.

Everyone should create a course that generates 7-figures per year.

Here’s how to make $1M in sales as a course creator: pic.twitter.com/5IKqFVpTiz

— MATT GRAY (@matt_gray_) February 17, 2024

Building Trust and Establishing Authority

High Ticket Sales: A Guide To Selling Expensive Services (2)

Let’s assume you’re considering a big-ticket coaching program.

Are you more likely to sign up with someone who seems like they just started yesterday, or a seasoned expert with years of success stories? The latter, most likely. Trust and authority are huge in high-ticket sales.

People need to believe in you, not just your product. That belief makes them willing to make that investment. Here’s how to build trust:

  • Be Transparent: Share your story, the wins and the struggles. People connect with authenticity.
  • Social Proof Galore: Feature those client wins. Let your success speak for itself.
  • Give Value Freely: Those freebies and content we talked about? They show you know your stuff and aren’t afraid to help before someone pays up.

Admittedly, putting yourself out there can feel scary, especially when you’re asking for a big investment. Those trust-building steps and a customer-first approach make all the difference in showing potential clients that you believe in what you’re doing. And when you believe, they’ll believe, too.

Selling

People confuse sales with manipulation.

Sales is about helping people.

Clearly communicate the value you offer and help out prospects who would benefit.

If you can deliver great results and have testimonials, you can sell anything.

— MATT GRAY (@matt_gray_) June 25, 2023

Offering Excellent Customer Service

Think customer service is just for dealing with complaints? Think again. With high-ticket sales, it’s part of your sales pitch from day one.

People paying top dollar want to feel supported. Excellent customer service builds loyalty and leads to those raving fans who basically sell your products for you.

When it comes to customer service, there are a few best practices to keep in mind:

  • Lightning-Fast Response: Don’t leave people hanging. Speedy, helpful replies make a huge difference.
  • Proactive Problem Solving: Anticipate questions and concerns and have solutions ready to go.
  • Personal Touch Wins: Automated replies are a no-go. People want to feel like they matter.

Excellent customer service is how you turn buyers into loyal repeat clients. That’s the secret behind building a community around your high-ticket offer.

High Ticket Sales: A Guide To Selling Expensive Services (2024)

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