Justin Welsh Profile picture
Feb 22 12 tweets 5 min read
Online courses are money-makers.

But contrary to what you've been told, selling them isn't complicated.

THREAD: An 8-step system to more online course sales.

🧵
1/ Create content to get discovered

Start by looking backward at your life & career.

Where were you 2-3 years ago?

What do you wish you knew then that you know now?

Turn that into 4 types of content:

1. Educational
2. Entertaining
3. Contrarian
4. Empathetic
2/ Listen for signals

By creating valuable content, you'll start getting traction.

Look for signals in questions:

- How do you do X?
- I'd love to learn more about Y
- Can you give me advice about Z?

You want to help people!
Answer these to create a simple course that does.
3/ Use "impulse buy" pricing

You don't have the social capital to sell a $1,297 masterclass. Sorry.

When people come across my products, I want them to "pull the trigger" without thinking.

So I make it easy.

$50 to $150

You're building trust. Not trying to get rich.
4/ Create urgency with discounts

A simple 25% to 40% expiring discount (24 hours only) drives purchases.

Impulse pricing + expiring deal = sales

I average about $14k in 24 hours when I leverage discounts.

It gets seen by 50k to 80k people.
5/ Deliver 100x value

Part of the "impulse buy" strategy is to surprise & delight the customer.

Wow them.

"I spent 2k on a coach in January. Learned more in this $150 course than I did working with them." - Jubal Horton

This is the feedback I'm after 👆🏻

100x value.
6/ Automate testimonials

When the course is completed, I embed a Testimonial.to button inside of the last lesson. (thanks, @damengchen )

The ask is simple. A short video or text testimonial.

Then it automatically gets pumped to my landing page.
@damengchen 7/ Create an army of happy customers who sell

After completing the course, customers receive an invite to become an affiliate.

Because I've driven 100x value, I get a very high adoption rate.

They don't drive a ton of sales, but so far I've made $9,720 in 5 months.

Not bad.
@damengchen 8/ Coordinate "ask" days

With helpful content, a great course, impulse pricing, and an army of affiliates, you can do this CRAZY thing to make more sales.

Ask for them.
Wild huh?

90% of the time I'm giving, and 10% I'm coordinating "asks" with my affiliates.

And that's it...
@damengchen - No 30-day email course.
- No abandoned cart emails.
- No audience segmentation.
- No complicated integrations.

None of these things are bad btw.

They would probably help me increase sales.

But they aren't necessary to start & be successful.

So I hope you'll get started...
@damengchen If this thread was helpful, I'd love a RT.

If you want tips like this every Saturday morning, subscribe to my weekly newsletter → justinwelsh.me/blog?tag=newsl…

This Saturday's issue is all about building your "creator funnel".

Cheers 🍻
If you like Tweets like this, you might enjoy my weekly newsletter: The Saturday Solopreneur.

One actionable tip to grow your online business that you can read in less than 2 minutes.

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More from @JustinSaaS

Feb 15
How to build your first 2 income streams:

(without knowing how to code)

🧵
1/ Eliminate the "fallacy of expertise"

When you get started, you can't worry about "am I an expert?"

If you do, you'll never get started.

Instead, make a list of your accomplishments, big and small, over the last 2-3 years.

What skills did you learn during this period?
2/ Identify your interests

Inside of the list you just created, will be things you loved doing and hated doing.

Sorry, but you can't scale misery.

Choose something you built skills in, that you also enjoy doing/talking about/writing about.

This will be your core focus.
Read 12 tweets
Feb 8
A Twitter audience is a massive asset.

I've added 37,196 followers in just 14 weeks.

Here are the 7 simple things I did:

🧵
1/ Built my publishing habit

In late October, I committed to publishing daily on Twitter.

I started with a "Happy {Day} to X" Tweet each AM.

I had 2 simple goals:

1. Build a habit of posting each day.
2. Put my name & face in front of people daily.

2/ An educational tweet each PM

Each afternoon, I share a lesson from my solopreneur journey.

Topics include:

- Audience growth
- Service businesses
- Building info products
- Using social media effectively

I pretend I'm writing to help ONE person.

Read 11 tweets
Jan 26
I made $0 online in 2019.

3 years later:

- 100M+ impressions
- $1.7M in online income
- 4 successful revenue streams

What changed?

I started writing online every day.

Here's my simple 4-step process.

[Short 🧵]
Step 1: Ideate rapidly

What’s the fastest way to come up with ideas?

Use systems.

I created my own content matrix in Notion.

- Choose a topic
- Match it to a style
- Write a quick headline
- Repeat until you have 10 ideas

Much of writing is about systems.
Step 2: Choose a solid format

Struggling to format your writing?

There are so many tools out there to help.

I am loving @typeshare_co

They have beautiful templates built right in for inspiration.

No better way to get started.
Read 9 tweets
Jan 11
Why do some solopreneurs succeed while others fail?

I think I've figured it out.

THREAD: The 5 fundamentals of a one-person business:
1/ They nail their ideal customer persona

Part of building a one-person business is being crystal clear.

Focused solopreneurs:

- Move from Market → sub-market → micro-market
- Know exactly who they are talking to
- Deeply understand their customer

Do you?
2/ They build a small but relevant network online

The best builders know it's better to build with others.

So they:

- Network with 3-5 impressive people in their space
- Start regular, meaningful conversations
- Think quality > quantity

Are you networking or spraying?
Read 8 tweets
Jan 3
New Year's resolutions suck.

We start out thinking we can conquer the world, and 30 days later we're defeated.

So this year, I've decided to take a page from @SahilBloom and implement his 5-step framework.

Here's where I landed for Q1 (plus a template you can steal)

🧵
@SahilBloom Before we get started, if you missed Sahil's post on January 1st, here's a TL;DR of his framework:

1. Set the Stage
2. Identify BHAG (big, hairy, audacious goal)
3. Work Backwards
4. Establish Process Goals
5. Track & Adjust

(I'll link to his thread at the end)
@SahilBloom I set the stage with 3 simple categories:

- Business
- Personal life
- Health & wellness

There are other categories I could have added.

But those feel like "business as usual", meaning I'll likely accomplish them without setting goals.

Not everything needs to be tracked.
Read 9 tweets
Dec 28, 2021
How to 2x your rates in 2022:

[Mini 🧵]
1/ Get feedback

First, you need to understand what part of your business customers love and want more of.

Ask simple questions:

- Where do your customers get the most value from you?

- What do they wish they could get more of?

- Don't forget: what do YOU enjoy the most?
2/ Optimize

Next, optimize your business by:

- Developing & expanding areas you and your customer enjoy.

- Eliminating things you and your customers don’t.

You want to find the intersection of what you enjoy & what customers want more of.

That's ALL your going to focus on.
Read 8 tweets

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