Loral Langemeier's Business Bootcamp Video Series
Video 1 – “How To Create Fast Cash”
Selling low-ticket item stops your lead from shopping somewhere else. You get an initial commitment and build your relationship from here.
Loral Langemeier - Live Out Loud CEO, entrepreneurial wealth-building coach, international speaker, and 5-time New York Times bestselling author!
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In the world of online and offline sales, many mistakenly believe that high ticket items are the key to their ‘get rich quick’ plan, when in fact, just the opposite is holds true. When your business is struggling with daily cash flow, it’s time to go back to brass tacks—small, simple items with short sales cycles. It’s imperative that you choose a product with a sales process that is calculated in mere moments, with a clear and concise offering.
If your business is primarily engaged in online sales, these items can include apps, webinars, courses, e-books, etc. The actual product isn’t the point, but instead it’s ability to convert—and quickly. Once the customer buys, you’ve not only collected cash, but prevented them from buying anywhere else, even if something better comes along later. This will make a dynamic and immediately tangible difference on your balance sheet, but it’s all in the offer.
For example, if two companies are selling websites and comes with a flat rate high price tag and the other a $100 deposit to help you analyze the 5 best tricks to creating a website that sells, the lower priced item will almost always convert better and faster. This not only means cash in your wallet, but you’ve also taken that buyer out of the market.
“How To Create Fast Cash”
Video Time: 2:10
"The most difficult part of creating income is finding new customers. You can create new customers with smaller ticket items, build a relationship with them and sell higher ticket items in the future." – Loral
Keep an eye on your inbox – videos 2, 3 and 4 in this series are on their way!
Please note: Videos 2, 3 and 4 will be delivered to you tomorrow, the day after tomorrow and 1 day after that.
About Your Coach — Loral Langemeier
My name is Loral Langemeier — CEO of Live Out Loud, international business and wealth coach, speaker, trainer, Dr. Phil’s “Money Expert,” author of over 30 books and 5 New York Times Bestsellers, including the “Millionaire Maker” series:
Since I created and perfected a 3-5 year strategy for the “Average Jill and Joe” to make millions, I’ve been featured on ABC, NBC, CBS, CNN, CNBC, Dr. Phil, The View, Fox News Channel, The Wall Street Journal, USA Today, Businessweek, Forbes, The Secret, and a long list of other popular media.
Here's what our community members think...
"I’ve seen Loral blossom and grow and impact millions of people’s lives. She’s got that YES Energy! She’ll be in your face, so be ready, but she does that because she wants you to take the steps to improve & control your own life."Sharon Lechter Rich Dad, Poor Dad co-author
"I find Loral to be one of the most formidable business women in the world. She not only teaches – she does…She understands the things you need to do to grow a business and does them all extremely well."Perry Belcher, Digital Marketer Co-Founder
“If you haven’t ever attended one of Loral’s events, I’m wondering what cave you’ve been living in. Her events are fabulous. We have nothing but go-getter human beings who love YES! energy, and I happen to be one of them.”Glenn Morshower TV Actor – 24, X-Men, Transformers