Proof People Will Pay More
One of the members in my Done By Lunch Mastermind launched his first membership for $47/month.
And despite having lots of experience, success and a popular podcast, he struggled to get anyone to sign up!
He ended up revamping the membership and introducing it a few months later at $199/month, almost four times more expensive, and got more members than he ever imagined.
When it was $47, people assumed it couldn't possibly be any good! But at $199/month it MUST be good. 🤷🏻♂️
(Prices obviously vary from industry to industry - his was an industry where things generally cost more).
Here's more proof...
Once upon a time, the top searches for almost any category on Google included the word "free."
"free _____ plan"
"free ______ course"
But starting in July 2017, "best" overtook "free" in search results.
People want the best. And are often willing to pay for it.
The more we can focus on showing people that our offer is the best opportunity for them, the better!
Are you doing everything you can to convey the value of your offer?