Are you ready to discover the secrets to exponential growth in your coaching business? In this short but powerful article, we will unveil the key strategies that can take your coaching business to new heights in less than 60 days. By implementing a carefully crafted funnel, leveraging Facebook Ads, nurturing a loyal audience, and offering an irresistible core product, you can add an extra $5,000 to $10,000 to your monthly income. Get ready to unlock the potential of your coaching business and embark on a journey towards success and financial abundance.
So, What do you need?
- Lead Generation Funnel with a compelling lead magnet.
- Traffic Source – Facebook Ads.
- Engaged and loyal audience (Email List).
- Core offer (Low to mid-priced).
- Email Marketing Sequences for nurturing and selling.
- Private community for ongoing support.
Lead Generation Funnel
Let’s start by creating a lead generation funnel. You’ll need an irresistible lead magnet to attract leads through this funnel. There are various types of lead magnets, such as ebooks, PDF guides, checklists, documents, and even physical books. However, I recommend a video training, workshop, or event that delivers massive value within an hour.
On the thank you page, include a link to your general community, allowing leads to join after receiving the lead magnet.
Facebook Ads
Investing money for rapid growth is essential to maximize your earnings. While organic methods are effective, they require more time. Hence, we’ll leverage the power of Facebook Ads for quick results.
Facebook Ads can be incredibly powerful if executed correctly. Aspects such as creating captivating hooks, persuasive copywriting, and making data-driven decisions are crucial for running profitable Facebook Ads. Mastering this skill is key to success.
Now, you need to run Facebook Ads to drive traffic to your lead generation funnel. By doing so, you can generate leads and provide your target audience with the promised video training, workshop, or event. Communicating through video helps build trust and facilitates the conversion of cold leads into warm or hot prospects instantly.
Building an Engaged and Loyal Audience
It’s time to gather information from your audience. Collect their names and email addresses to deliver the lead magnet you’ve promised. Once they’ve consumed the lead magnet, start an email series to nurture them. Send nurturing emails daily to ensure they remember you. Continue this process for the next 2-3 weeks. In the fourth week, begin sending promotional emails that offer your core offer. Remember, having a core offer is crucial for generating revenue.
Core Offer
Your core offer should be reasonably priced, ranging from $100 to $500 or below $1,000. However, to capture attention, use specific price points like $497 or $749 in your marketing materials.
You have to sell your core offer using a well designed and captivating sales page. You can use any funnel building tools like clickfunnels or systeme.io to execute this plan.
In your emails and sales page, utilize videos to sell to your audience. This strategy will help increase conversions.
Ultimately, the success of your business relies on crafting an irresistible offer, leveraging storytelling, and positioning yourself effectively during the selling process. Focus on mastering these aspects very well.
Private Community Support
Grant access to a private community for those who have purchased your core offer. This will help you build a strong bond with your tribe, resulting in repeated sales and increased lifetime value.
If you set up everything properly, you can easily achieve monthly earnings of at least $5,000. With Facebook Ads costing less than $1,000, you’ll still have $4,000 remaining.
Please note that this strategy is not suitable for high ticket sales. For high ticket sales, consider using an Application funnel that emphasizes appointments or you can use a challenge funnel.
We hope you find this article useful. If you want to grow and scale your coaching business by applying the right strategies, we’re just one chat away.