“The Core 4” Business Model | The Top High Ticket Models Online
This lesson starts off talking about mentorship and how important mentorship is when you’re trying to build and grow your business. One simple nugget from a successful person can change the trajectory of your whole life!
Dave then discusses how he’s done over $200 million in sales online ONLY using business models that have all three “Profit Activators”.
1. Get more customers. You need to find more people to sell your product or service to.
2. Do repeat business with the same customers.
3. Sell higher ticket products to increase revenue.
“High Leverage High Ticket”
1. It must be location independent so that you can do it from anywhere anytime
2. It must be online minimal overhead
3. It must be easy, lucrative, and fun
4. It must have all of the profit activators
What are “The Core 4” Business Models?
You can start with just one of these or you can use them all in conjunction.
1. Affiliate Marketing
2. Digital Products
3. Coaching and Consulting
4. Events (Live Seminars) and Masterminds Blueprint
Here are the five things to look for when choosing an affiliate marketing offer.
1. Product Value – The product must have value and people must want it.
2. Good Margins – There should be high enough margins on each sale so that you can make good money without having to sell thousands of products.
3. Tracking – The affiliate program must have solid tracking and cookies that last a while.
4. Marketing material – The affiliate should provide you with awesome marketing material including banners, email swipes and, high converting sales videos and sales funnels.
5. Integrity – Does the affiliate company have a good reputation do they pay their affiliates on time?