What would you rather do, sell one person one thing one time, or sell one person many things many times?
I figure it is much easier to keep a client than to get a new one, don't you? So if you would like to learn how to maximize your potential with each person you come in contact with, keep reading.
The first step is to build your customer roadmap. What I mean by that is, What are the logical steps that a client would take when working with you? I like to think of my client lifecycle like a relationship:
Blind Date: Somebody says you need to meet this person, and you meet for coffee.
First Date: This is official. There is money involved, and you have reservations at a very nice restaurant, but nobody has a ton of skin in the game...yet.
Going Steady: You are now 'an item' and it feels serious and a bit exclusive.
Getting Married: The biggest commitment that you can make with one another.
Seems pretty logicial right? Now that you know the different milestones, you need to have offerings that are appropriate for each stage of the game. It probably isn't the best idea to ask someone to marry you 5 minutes into your first date, and if you are celebrating your Golden Anniversary you may want to consider doing more for your loving, loyal spouse than buying them a cup of java at Dunkin Donuts.
So what products work at which stage?
1. Blind Date Products- The goal of a blind date is to make it to a real date, so all of your blind date items are free, and what you are looking for in return is your prospects permission to contact them. Newsletters, ezine subscriptions, having a great blog and free tele-classes are perfect for the beginning stages of your relationship.
2. First Date Products- You will be selling products at this stage, but you probably want to have a few different price points and offerings. Books, CD's, Teleclasses and Live Seminars fit nicely here, and your price points can range from the low of 19.95 to a high of 299.00 for a 2 or 3 day live seminar.
3. Going Steady- Here is the real meaty part, and successful coaches have clients enrolled in multiple offerings. If you have a client enrolled in your teleclass program, maybe they would also like to participate in your 7 day certification training for $6500.00. The going steady phase is the sweetspot of your funnel, and if you do it well, your clients will stay here for a long time and buy, rebuy and refer lots of their friends.
4. Getting Married- You are offically committed to each other for something. Maybe you have a liscencing or franchise opportunity, or perhaps you will enter into a Joint Venture or Partnership with you. Chances are, you don't have an official product in this area, but you will create one when the right person comes along.
I think it is worth taking time NOW to really think about your current offerings and clients. Do you have the right mix of products in the right stage to get somebody to go from a blind date to walking down the isle? You will have a hard time getting someone to marry you if all you have is first dates and no engagement ring, so create what you need to help your prospects fall and stay in love with you.