The Anchor and the Anxiety (Read the P.S.S. at the bottom at least!)
Why My or Your $97 Product or subscription is Actually a "Stability Calculator" in Disguise. The Stability Calculator is about how to build a Stable Business model/pricing that supports me in the Encore Part of my life? Yes, I'm actually creating a simple quiz/calculator for you. Let’s talk about the math of "The Coaching Compass." The "Coaching Compass" is my framework for helping creators find clarity on their offers and pricing. Most people launch a subscription or a course and think, "I just need 10,000 people to pay me $10!" That’s a great way to end up with 10,000 problems and a very small paycheck, because getting 10,000 buyers/subscribers costs more money and time than most are willing to spend, and much more than the "goof-rus" are willing to admit. If you're new(ish) here, I tend to say goof-rus, not gurus. I'm not a fan of the typical guru. The secret to a "Coaching Compass" that doesn't lead you off a cliff is Anchor Pricing. Look at the gap between a $97 monthly offer and a $477 annual offer. That's almost a 60% savings on the annual offer. BTW, that's what the premium plan is for this group. To the "rational" brain, that’s a weird gap. To the human brain, it’s a giant neon sign saying, "Just stay for the year, it’s safer here." (Invest a little less than 5 months and get 7 months free) We aren't just selling "access." We are developing and selling a "Stability Calculator" for your own use. We’re showing you how to move away from the "Tuesday Launch" panic—where you hope and pray people buy your new widget—and toward a system where the income is predictable. The Lesson: If your pricing doesn't feel like a "settle in and stay a while" invitation, you aren't building a business. You’re building a treadmill. And I don’t know about you, but at this stage of my life, I only want to be on a treadmill if there’s a TV and a fan involved. Blessings,