Mentors

Really great price on coaching

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I talked to a dude recently who has made a new coaching offer to his list, with 1-1 access to him, in various formats, for a full year, at a really great price.

Nobody bought.

Now here’s a marketing and psychology truth that took me embarrassingly long to learn:

If you offer people a really great price on something they don’t want to buy, the really great price won’t make them want to buy it either.

That’s why discounting fails to drive sales in so many situations. Discounting only works when people want the thing being sold, and they value it at the full price you claim for it.

But back to coaching.

As I’ve been croaking about for a few weeks now, nobody really wants “coaching.”

Yes, some people manage to sell “coaching” because they have so much status, authority, and relationship with their audience. In those situations, their coaching clients are effectively buying the coach, and the relationship with that coach, rather than the coaching itself.

That’s definitely a nice position to be in.

But what if you don’t have that level of status, authority, and relationship with your audience yet?

The fix is simple, and can be executed quickly. It’s to sell people something they actually want to buy, and which they value at the price you ask for it.

This is how you go from trying and failing to sell “coaching,” which people don’t want even at a really great price… to having a $1k+ offer, which you can make 3-5 sales of each month, and which is both easier to sell and deliver than “coaching.”

Maybe you’re interested in how to implement this fix, which I claim is “simple, and can be executed quickly.”

I’ve prepared a 1-page overview of how to do it, a process I’ve guided a few people through already.

I’m begrudgingly willing to share this 1-page overview with you.

If you like what you read, you’ll have the opportunity to work with me directly in February, to implement this for yourself and your own list.

Or of course, you can just run with it yourself.

In case you’re interested in the 1-page overview, hit reply, tell me you want it, and I’ll get it to you.

How to sell a $1k+ coaching program without testimonials

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I’ll tell you in a a sec how to sell a $1k+ coaching offer without testimonials. But first lemme tell you a related and intriguing list-building tactic.

It comes courtesy of marketer Kevin Hood, who shared it inside my Daily Email House community a couple days ago. It goes like this:

1. Come up with a list of “mutually exclusive, collectively exhaustive buyer personas” who could potentially be interested in what you offer (Kevin used AI, but you can use… other methods also)

2. Come up with a list of “pain points, desires, beliefs, thoughts, and feelings” those people might have

3. Go on social media and write 100s of tweets or threads or stories or whatever and combine one item from list 1 and one item from list 2 in a statement that looks like:

“If you spent your 20s or 30s digging yourself into debt but deep down you desperately want to become financially free, I hope you find my page.”

Says Kevin:

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Where most posts get 500-1000 views.

These get thousands.

No matter your follower count.

This is a real post from one of my clients who teaches Financial Independence and investing, and it got 189,000 views while generating 1,600 new followers for his account. And while we can’t be 100% precise on measuring email subscribers according to individual posts, the estimate is around 100 new email subscribers from this post alone.

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I don’t know what Kevin client’s “my page” looks like. Maybe it has some testimonials. Maybe it has a unique mechanism for how he financially frees 20- and 30-somethings from debt. Maybe it features risk-reversal copy such as, “Sign up to my newsletter and if you don’t like my emails, you get to come to my house and kick me in the shin.”

Whatever. All those things are nice addons.

But the fact remains, specificity, and in particular double-specificity like Kevin is using, is a powerful way of drawing attention… creating interest and desire… and providing proof. Even if you have nothing else going on.

Now back to coaching programs.

Q: How do you sell a $1k+ coaching program without testimonials?

A: You rely on other forms of proof.

There’s many, beyond testimonials. In particular, there’s specificity. I’ll leave you with a riddle related to that:

If you’re looking to monetize your list with a $1k+ offer… if you tried offering “coaching” or “mentoring” to your list before but got zero takers… then how do you figure out what specific or double-specific segment of your audience to appeal to in order to actually make some sales?

I’ll give you a hint about my thinking.

My recommendation is not to do what Kevin did, and use AI to come up with a bunch of stuff that you throw at the wall to see if it sticks.

My recommendation is also not to use your own creativity and brainpower, to sit and introspect what specific segment you could appeal to.

If you eliminate both of those options… then what’s left as a means of determining which specific people you could help with your $1k+ coaching offer?

If you like, guess what I have in mind, write in and tell me so, and I’ll tell you quick whether you got it or no.

Taking credit for your rock star clients’ results

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A few days ago, I was on a call with “Rebelpreneur” Gasper Crepinsek.

Over the past couple years, Gasper built an online brand teaching people AI. He’s still doing that, but this year he is going broader, using his background as an ex-Boston Consulting guy to help people build actual and sustainable businesses online.

I helped Gasper launch a $1k+ offer last month.

We worked on it together for a couple weeks, then Gasper went out and sold it to three people in his audience in a matter of days. He then started delivering the actual offer.

Result: One of Gasper’s clients already closed his own sales and is making money as a result of working just a few weeks with Gasper.

About that, Gasper said, “He’s attributing it to me, but I told him, ‘It’s all you.'”

My message to Gasper on our call, and maybe to you now, is to take credit where you’ve earned it.

Sure, it’s smart to sell to people who would succeed with or without you. When they do inevitably succeed, there’s a glow on you as well.

That doesn’t mean you can’t take some of the credit, and legitimately.

Even if somebody is an absolute rock star, you can inspire them… you can push them a bit… you can guide them through a process so they get results faster, sooner, easier, more enjoyably than they might have done otherwise.

In Gasper’s case, his client might have done something similar in another 3 or 6 months. But because of working with Gasper, he’s got another, say, $5k in the bank, today.

That’s pretty much what my situation is with Gasper as well.

The dude was succeeding and would have succeeded more, one way or another, with or without me.

But I helped him come up with a simple, attractive offer that, from the looks of it, will be his main, high-ticket, backend money-maker for the coming year. (Gasper says, “It’s crazy how much people like it,” meaning the offer).

Is having a $1k+ offer, which you can readily sell to your list, something that interests you?

If so, hit reply and let me know.

You can’t buy anything here. But if you do reply, I’ll give you a 1-page overview of the process that I guided Gasper through, so you can go do it yourself if you like.

If nobody is taking you up on your coaching offer

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In the words of Bob Marley:

Sun is shining. The weather is sweet.

Make you want to launch a new offer that has some heat.

To the rescue. Here I am.

Over the past few months, I’ve heard a frustration from a number of readers who offer coaching. Here is a sample:

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I can’t get people to buy from my emails.

I have good engagement ( I think. I get a good amount of replies, and even more when I ask questions.)

I THINK my copy must be at least halfway decent because I have a self liquidating front end funnel on Facebook. Good take rate on upsells. People seem to like the products.

But I barely make any sales from daily emails.

Maybe 4 or 5 a month on a list of about 700.

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I followed up with this reader to ask what offers exactly he is making to his list. It turned out two kinds:

1. The upsells from his front end offer, and

2. Coaching

Like my reader says above, there’s a good take rate on his upsells when he sells his front-end offer. I can’t say for sure, but I’m guessing that most of the sales he does make on the back end come from people taking him up on those upsells as well.

Which leaves coaching…

… which nobody wants.

Now here’s my pet theory:

For the past couple of years, we were in this moment. Perhaps it was covid, or perhaps the fact that everything moved online. But everyone became a coach. And magically, coaching was selling, because… it was the moment.

But my long-running suspicion has been it will eventually get harder to sell coaching. Which is precisely what I’ve been seeing from readers like the reader above, who are offering coaching and seeing a response rate of a little over 0.

And now, I don’t mean to pry, but I do have a question for you.

Do you have the same problem? Do you offer coaching? And nobody’s buying?

To the rescue. Here I am.

I have a possible fix for you, which I’m calling the New “Wanna Get High?” Offer for coaches (a nod to Bob Marley above).

In case you’re interested, hit reply and tell me a bit about what you do, and who you do it for. In turn, I’ll tell you more about my New “Wanna Get High?” Offer, and you can then decide if it’s right for you.

Is this a stupid idea?

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I had an idea. I wonder if it’s a ridiculous or stupid idea, or if there is in fact any interest in it.

Maybe you can tell me:

Would you be interested in doing unlimited 1:1 coaching with me, get on as many calls as you want, for the next year…

… with the goal of losing 30lbs and fitting into your old jeans?

No, just kidding.

I’m thinking yearlong, unlimited 1:1 coaching with me, so you can turn your emails into money, and monetize your list, and ultimately use it to pay for a house.

There would be some caveats to how this coaching would work, and I would want to see you already have some runway to build on.

To make up for it, the price would be ridiculously or possibly stupidly low.

So can you tell me, what do you think of this idea?

If you think it’s stupid, this is your chance to write in and laugh at me.

If on the other hand you’re intrigued or even excited by the possibility of having me coach you 1:1 so you can turn your emails into money, then write in and tell me so, and maybe we will end up working together.

How I ended up paying an inconcievable price for coaching

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The date was July 17, 2019. I remember exactly where I was, walking in the old 18th century part of my home town of Zagreb, Croatia, where I was living at the time.

I pulled out my phone and saw that I had a new email from Dan Ferrrari.

In case you don’t know, Dan is an A-list copywriter. I profiled him in Commandment IV of my first 10 Commandments book, 10 Commandments of A-list Copywriters, because he has string of winning sales letters that few if any copywriters over the past 10 years can match. As just one example, Dan once wrote a sales letter that tripled sales over the previous control and sold out the entire stock of a longevity supplement.

In July 2019, my connection to Dan was extremely tenuous and unlikely.

I had gotten on his email list years earlier, but he never sent any emails.

Then, in the spring of 2019, while I was on a short trip to visit a friend in Baltimore — my first trip back to the U.S. in over five years — Dan finally sent an email to his list. Is anybody in the Baltimore/Washington area who wants to meet?

I replied yes. I don’t know exactly why or what I was hoping for. I just had a sense I was stuck with copywriting as a career. I had only heard stellar things about Dan. I thought if I met him in person maybe it would lead to something.

Aaaand… it turned out no. Our schedules didn’t fit, and we never ended up meeting in Baltimore.

I went back to Croatia, and Dan went back to his non-emailing.

And then, a few weeks later, Dan wrote me to ask whether I might be interested in his coaching program? I said yes.

To which, Dan replied with nothing. No response, first for a few days, then a week, then a month.

I forgot about Dan, and started fishing around for a different copywriting coach. But crazy as it might seem today, nobody in 2019 was offering coaching for copywriting.

And then, over a month after our last email exchange, Dan did reply. We got on a call to discuss his coaching program. I asked about everything but the price because I didn’t want that to cloud my judgment. The coaching sounded like the exact thing I had been looking for. I told Dan I’m in, and I figured I’d make the price work for me somehow.

The day after the call, Dan sent me an email with a PayPal payment link and the actual per month price for the coaching.

That was the email I got while walking around the old town in Zagreb. The reason I remember exactly where I was is that the price took my breath away.

I expected the coaching to be expensive. But not this expensive. I won’t say exactly how expensive it turned out to be. I’ll just say it was as high as my total income on many months at the time.

Still, I had some savings. I decided that, as long as I had some money in the bank, I was willing to give it a go. I mean, everything seemed to be building up to here — my stagnation with copywriting as a career, the near misses I’d had in meeting with Dan, the constant drum beating of “get a mentor” that was popular at the time.

So I took a deep breath, PayPaled Dan the money, and the coaching started.

I’ve written before about the actual coaching I got from Dan. I won’t repeat that here. Here I just want to focus on the price of the coaching, which, as I said, took my breath away when I first saw it.

Had anybody sat me down a few days prior and asked me whether I would pay, each month, what I ended up paying Dan, I would have just stared at them bug-eyed. “Absolutely not” would be my answer, and I would have meant it 100%.

Here’s the fundamental dilemma of setting prices:

Nobody knows what anything is truly worth. You don’t know what your offer is truly worth to your customers. They don’t know either. You can ask them, but they cannot and will not tell you the truth. The only way to know is to put an offer in front of them and see if they will buy.

I ended up buying Dan’s coaching at a price that would have been inconceivable to me only days earlier. Your customers or clients might end up buying your offers at prices that seem inconceivable to you now.

The only way to know is to put your offer in front of them, and see if they will buy.

That said, you can be a little more strategic about your price than simply throwing darts at a dartboard now and then. And on that note, I’d like to remind you of a mini-course I released yesterday, called Modified Depoorter Pricing.

This mini-course is about a pricing strategy I’ve used in the past to sell both services (back when I was working as a sales copywriter) and, later, my own courses.

This pricing strategy was elegant and worked very well when I used it.

My one regret is, I haven’t been consistent enough or thorough enough about using this pricing strategy. So I’ve created a mini-course outlining this pricing strategy, both for your benefit and for mine.

This is a “mini-course,” because I didn’t fill it with a lot of fluff or infotainment. You can consume it in 10 minutes if you so choose.

As such, I still don’t have a sales page for it. But if you’d like to get it nonetheless, you can do so at the link below.

The reason you might want to act now is that I will soon use the Modified Depoorter Pricing strategy to increase the price of this mini-course from its current modest level. To get it before then:

https://bejakovic.com/depoorter

The joy and food-poisoning risk of exploring and experimenting

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I’m in Rome for a few days. My dad and his wife were coming for a trip here and asked if I would like to tag along. I said yes.

We arrived yesterday. And after visiting four churches, three fountains, and one set of famous stairs, it was time to sit down and eat something.

“Where will we eat?” I’d asked my dad’s wife before we arrived. They had been here a few times before, and I figured they might have favorite places.

“Oh, we’ll just sit down somewhere,” she said. “All the food is great there.” Right as she said that, thunder started rumbling off on the horizon.

So yesterday, we just sat down somewhere. The first course of pasta came. It looked unimpressive and yet had an off smell.

I ate it – I was very hungry. “This must be some unique ingredient they use in Rome,” I said to myself, as I tried to ignore the unpleasantness of it.

But by the time the second course came, it was undeniable. The meat was tough, the potatoes were in a state between undercooked and raw, and the two pieces of seafood were communicating in various ways that they had been bought a week or more ago, and caught who knows when.

I put my knife and fork down, figuring that it’s best to lose this single battle rather than the entire Rome campaign.

My bit of wisdom for you today is that there can be joy in exploring and experimenting, and occasionally discovering something really great and new.

In fact, that’s how I like to live much of my life. And that’s why I can say with a lot of confidence that exploring and experimenting does largely result in failure, and occasionally will lead to food poisoning.

The other option is to get recommendations, to follow in somebody’s tracks who’s been there before, whose experience and integrity you trust.

I’m no longer just talking about restaurants in Rome. I’m talking about other things in life as well, such as for example, the topic of this newsletter, which is effective communication, marketing, and online business.

And with that, I would like to remind you of Travis Sago’s Royalty Ronin free trial offer, which I’m recommending as an affiliate these days.

Travis is somebody I personally have learned a ton from, whose experience and integrity I trust. The man has made tens of millions of dollars selling his own offers, in various niches. Plus he’s worked as a kind of JV marketing partner for a bunch of other online businesses, and made tens of millions of dollars for their businesses too.

Now, Travis has built a community of like-minded marketers and business owners around him. Plus, he’s sharing a lot of wisdom that he’s collected over the years, in the form of various high-ticket courses, which he makes available as free bonuses in this community.

And like I said, Travis is now offering a week’s free trial to this, so you can look inside, and discover something really great and new, without risking anything, including food poisoning.

If you’re curious to find out more about Royalty Ronin, or even take Travis up on his risk-free 7-day offer, take a look here:

​https://bejakovic.com/ronin​

P.S. If you already signed up for a trial of Royalty Ronin via my link above, then send me the confirmation email you got from Travis, the one with “Vroom” in the subject line.

In turn, I’ll send you my Heart of Hearts training, about how to discover what the people in your market really want, so you can better know what to offer them and how to present it, as a way of saying thanks for taking me up on my recommendation.

Magic Cave of Money-Making Opportunities

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I have a new offer for you today.

It’s an affiliate offer, which I’m calling the Magic Cave of Money-Making Opportunities, because it’s been that for me over the past year.

I’ll have more to say about this offer over the coming days.

For now, I’ve recorded a video to try to tempt you into giving it a whirl.

If you’re curious, take a look here:

Magic Cave of Money-Making Opportunities

My top 7 marketing books

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I heard once that reading lists make for great lead magnets.

Is that true? I don’t know.

But it got me to put together a recommended reading list of my own.

I started with a goal of 10 books — but though I’ve read many more than 10, I couldn’t honestly recommend 10. That’s a good thing for you — less reading to do.

So here are my top 7 marketing books, for you to enjoy, learn, and profit from:

1. The Robert Collier Letter Book, by Robert Collier

This book has it all — wagons of coal, silk stockings, genies in the lamp, free pens, rattlesnakes, dinosaurs. If you only ever read one book about direct marketing, this is my number-one recommendation.

2. Positioning, by Al Ries and Jack Trout

Tons of other good marketing advice beyond, “Get yourself into a niche of one.”

3. My Life In Advertising, by Claude C. Hopkins

All the wisdom in Hopkins’s vaunted Scientific Advertising, but presented with stories and detail that make it go down more easy.

4. The Adweek Copywriting Book, by Joe Sugarman

Very accessible, usable, and current, even if you never write a full-page magazine ad selling a calculator or UV-blocking sunglasses.

5. Influence, by Robert Cialdini

I wish I had written this book. What more can I say?

6. Start With No, by Jim Camp

You may have seen this negotiation book recommended before by online marketers. It happens a lot. What is it about Camp’s negotiation strategies that could be useful to sales and marketing online?

7. Made To Stick, by Chip and Dan Heath

I read this book only once but it’s stuck. That’s because the authors know what they’re talking about, and because they apply it to their own writing.

Like I said, I’ve heard that reading lists make for great lead magnets.

Do they also make for effective email copy? I don’t know.

But I’m willing to test it out.

If you haven’t already clicked away to Amazon to get one of the books above, maybe you will click below to the sales page for my Daily Email Habit service. It sometimes forces even me to write emails I would never write otherwise. Here’s the link if you’d like to find out more about it:

https://bejakovic.com/deh

The 4 faces on my Mt. Rushmore

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Direct marketer Brian Kurtz, who used to be a VP at DM behemoth Boardroom, once named his Mt. Rushmore — the 4 greatest copywriters he ever worked with and learned from.

Inspired by Brian, I had the idea to name my own Mt. Rushmore.

Who are the four people who have influenced me the most?

Fortunately, I didn’t really have to think.

I have an objective measure of who has influenced me the most:

On my website, where I archive these emails, I tag people I’ve mentioned in the emails. That means I can simply go by people I have quoted most often, whose ideas I have referred to the most, who have appeared in these emails, and I guess in my head, the most.

So here they are. The four faces on Bejako’s Mt. Rushmore… along with just one, biggest, most important idea I got from each (it wasn’t easy to choose):

Mt. Rushmore #1: Dan Kennedy

Dan Kennedy tops the list in terms of number of mentions in this newsletter.

As a result, I had the most trouble picking just one idea that I got from him.

I made a list of a dozen ideas, and picked one that truly was revolutionary in my formation.

It was this:

“Infotainment” is not telling readers a fun or touching story and then trying to twist that into a sale.

In Dan’s world, everything is strategic, and is done for a reason. It took me a long time to learn that, and it’s something I’m still trying to fully internalize. As Dan puts it:

“I’m not Harry Dent or Warren Buffet, not an economist or a pundit; I don’t get paid for financial analysis, and I rarely do anything I’m not paid to do. I’m putting this out there to serve my purposes, to stir up and keep stirring up angst about the economy’s hazards and ills, that being with me protects or insulates you from. And again I make the point that this is not news or simply ‘current events.’ […] The sky is either falling or soon to fall, all the time.”

Mt. Rushmore #2: Ben Settle

Ben was my first exposure to many ideas and names in the world of direct response marketing.

He was also my gateway drug — the introduction to many of the legends in the field, including two of the other names on this Mt. Rushmore.

But since I’ve got to pick just one idea for Ben, it’s got to be daily emails.

For years, I had heard Ben talking about how daily emails turn you into a leader. I nodded, and did nothing.

Even after I had started working as a freelance copywriter, and writing emails for clients, years more passed before I had the idea to write daily emails for myself.

Eventually, I paid Ben a few hundred dollars for a book on getting copywriting clients. The book boiled down to the idea, “Write daily emails.”

Somehow, finally, it clicked. I started to write daily emails for myself.

That was back in 2018. I’ve been writing ever since and my life has transformed as a result.

Mt. Rushmore #3: Gary Bencivenga

When I wrote my little book, 10 Commandments Of A-List Copywriters, the first chapter was about Gary Bencivenga.

It was about Gary’s emphasis on proof, which is what he’s best known for.

But there’s one more specific idea I’ve learned from Gary, which has influenced me on a deep level.

It’s to look for offers that have killer proof baked in, rather than offers where you have to somehow conjure up, dig up, or invent proof, which often means it’s second rate.

That’s powerful advice for product creation. But I’ve taken this idea and applied it to content writing as well.

I often get readers telling me how they like my writing, or how I write well.

I appreciate the compliment, because I like to write and I like to think of myself as a good writer.

But really, I don’t like to rely on my writing ability to make my writing good. And when I do rely primarily on my writing ability, I find that the result tends to be lousy.

Instead, I write about things that are inherently interesting — at least to me — and that are easy to write well about as a result. To my mind, this is the same thing Gary was talking about, just in the email and in the book, and not just on the sales page or the order page.

Mt. Rushmore #4: Gary Halbert

Gary Halbert was my very first exposure to direct marketing.

I read the Boron Letters. I didn’t really get it.

Then I started reading the massive online archives of his multi-year print newsletter. I still didn’t really get it.

But at some point I read an issue of Gary’s newsletter titled, “The Difference Between Winners And Losers.” The ideas in this issue have influenced me on a deep level both for business and otherwise. In Gary’s words:

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I’ll tell you something: This issue of my newsletter is going to make a lot of my readers very uncomfortable. Why? Simply because I know the difference between winners and losers and, in this issue, I’m going to put the choice right dead square in your face. I’m going to give you an extraordinarily simple set of instructions and, if you do what I say, your chances of becoming extremely prosperous are going to be magnified by a factor of at least 1,000!

But most of you are not going to follow these simple instructions. I know that already from past experience. And I even know already the reasons you’re going to give for not doing what I suggest. These are the same reasons everybody (including me) nearly always gives for not doing something which will make our lives better.

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Gary says that the difference between winners and losers is…

“Movement! Winners go out and get going before they know all the answers or even most of the answers. Losers will study a problem endlessly to make sure they don’t do anything ‘rash.'”

Fortunately, this came early in my marketing education. As a result, I decided to start blindly doing what I’m told to do, by people who I have decided to trust, like the names on my Mt. Rushmore above.

The results have been inevitably good. I only wish I’d have done it all sooner (like with Ben’s advice about daily emails) and more thoroughly (like with Dan’s stance on “infotainment”).

So now you know my Mt. Rushmore. And now for my offer:

Yesterday, I offered a guide I’ve put together, “What’s Grown My List Over The Years, Vol. 1-6.” It’s a series of posts I’ve written in my Daily Email House community about the evergreen strategies that have grown my list over the years.

You can get this guide as a free bonus in case you join my Daily Email Habit service by tomorrow, Saturday, at 12 midnight PST.

And in case you’re wondering why you might want to join my Daily Email Habit service:

I’ll help you do infotainment in a purposeful and effective way, as Dan Kennedy does…

I’ll help you start and stick with writing daily emails, so you can become a leader in your field, as Ben Settle promises…

I’ll help you dig up inherently interesting things to write about, so you don’t have to rely on any extraordinary word magic, as I’ve learned to do from Gary Bencivenga…

I’ll help you actually take action and move, instead of continuing to read, and plan, and put things off, as Gary Halbert warned against.

Again, the deadline to join Daily Email Habit and get “What’s Grown My List Over The Years, Vol. 1-6” as a free bonus, is tomorrow, Saturday, at 12 midnight.

Here’s the link:

​https://bejakovic.com/deh​