Ep. 121: Listener Mail: Help, I’m Not Making Any Money!

Shannon Mattern is a pricing expert and creator of The Package Matrix™ Method that helps freelancers, fractional execs, consultants, agencies and service providers stop undercharging, overdelivering and overworking by using pricing, proposal and sales strategies backed by behavioral economics and sales psychology.

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LISTENER:

I had a quick question if you don’t mind. Have you used a business coach or strategist before and do you have one you can recommend? I am getting a bit stuck with what to do when and need someone to help me clarify and plan. I think my biggest struggle currently is that I am not earning any money 😉

I’ll hit about 3.5k page views this month and have just over 100 subscribers. I don’t want to use ads or sponsored posts and I am using affiliates sparingly as I don’t really want to go that route either.

I really want to make money through courses but I am unsure whether I should just focus on building my list at the moment or whether I should just get on with creating the courses at the same time.

Any advice is much appreciated!

FROM ME:

Here’s what I recommend if you’re not into sponsored posts and affiliate marketing:

You have a list of 100 people – ask them what their biggest struggle is when it comes to whatever it is you know you can help them do.

From those responses, figure out what you can create to solve that problem. Maybe it’s a course, maybe it’s a group coaching program, maybe it’s an e-book.

Awesome, but don’t go out and make it just yet.

At this point, I would beta test it. You can do this a few different ways – invite your list to a webinar where you sell beta spots in this course, and then create and release modules on a schedule and get their feedback along the way and get testimonials at the end. Or just sell it via email without the webinar. Pre-sell the e-book with a release date.

The mistake I’ve made in the past is building the whole entire thing first and then launching it to no one.

The other thing you mentioned is that you’re getting 3.5K page views – you may want to take another look at your email opt-in forms, make sure you’re optimizing them throughout your site to get more subscribers and make sure you have a really strong call to action with a super actionable freebie so that you’re better capturing that traffic!

LISTENER:

I have asked some of my list about what they needed help with but got crickets!

I have started to get some responses to other emails that are giving me an insight into what might be needed.

I’ve also added an email asking what people need at the end of the email sequence for my opt-ins.

I have got one response so far but will wait and see whether I get any more as I only added in quite recently.

One lady suggested a monthly subscription to a slack group as a support system to help people get their life back. I thought that was an interesting idea!

Pre-launching on a webinar is a good idea although the thought terrifies me. Where do you host your webinars?

I have already built the spreadsheets for the course (as I use them myself) and was going to start recording the ‘how to’ videos. Perhaps I’ll record the first couple of videos like you said and try and pre-sell the course before I make any more.

I will definitely go back over my opt-ins, I have quite a few on the go at the moment and need to really dig into what is working. One thing I haven’t done is added them to the posts I am publishing on Medium so I will go back and do that.


Today’s pep talk is brought to you by Bluehost. Go to www.shannonmattern.com/bluehost and get 36 months of web hosting for just $2.95 a month. That’s less than one trip to Starbucks a month – and if you’re anything like me, you’re at Starbucks more than that!

Then you can sign up for my Free 5 Day Website Challenge at www.shannonmattern.com/5day and I’ll show you step by step how to get started building your new website for your side hustle.

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Pricing, Proposal & Sales Strategy For Freelancers, Fractional Execs & Consultants

ANCHOR HIGH™ PODCAST

Pricing Strategy for Service Providers & Consultants

If you sell your expertise and hands-on implementation, deliver solid work and have happy clients – but you’re maxed out and feel like you’ve hit an income ceiling, this show is for you.

Each short episode breaks down how pricing psychology and proposal strategy influence prospects’ decision-making and helps you rethink everything you thought you knew about how much you can really charge for your services and expertise.

THE PACKAGE MATRIX™ METHOD

The Package Matrix™ Method is a pricing framework built on behavioral economics, sales psychology and a decade of results. It strategically designs a value-based decision for your clients, so you stop pricing based on what you think they can afford and start pricing based on the value they can create by working with you.

How It Works ⟶

ANCHOR HIGH™ CERTIFICATION

If you’re a business coach or consultant who’s an expert at helping your clients grow their businesses and reach their goals – but you don’t have a strategic pricing and sales framework to help your clients confidently close more proposals at higher prices (without working harder), our Anchor High™ Certification program might just be the missing piece of your coaching methodology.

Learn More Here ⟶

ABOUT SHANNON MATTERN

Shannon Mattern is a pricing expert who helps Freelancers, Fractional Execs, Consultants and Creative & Professional Service Providers stop undercharging, overdelivering and overworking by using pricing, proposal and sales strategies backed by behavioral economics and sales psychology.

She helps other business coaches and consultants integrate her pricing and sales methodologies into their coaching, group programs and consultancies so they can help their clients make more without burning out. 

She’s also the founder of Web Designer Academy, where she has spent a decade helping women web designers move from undercharging to premium pricing, and where she developed the offer framework now used by service providers across industries.

Topics

90 DAY REVENUE ROADMAP

Increase your income without rebranding, niching down or adding more services or skills.

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