#46 - Make money May: Challenge #2 - Bundle it baby!

Again, it's just about thinking about what are these little ways, little things that I can test out of trying out, you know, trying different things in the market, seeing what works.

This is the Doing It Online podcast with your Host, serial entrepreneur, 6 and 7 figure funnel strategist and super nerd Kate McKibben, where every week we're here talking, nerdy and sharing the things that actually work to help you do what you do online. But better, easier and with a ton more products, it too. Are you ready? Let's do it.

Hey. Hey everybody. It is Kate McKibben here from HelloFunnels co and welcome to the Make Money May challenge here on the Doing It Online podcast. And this is episode or minisode number two of the challenge. So if you didn't listen to last week's episode, go and check it out. Basically every week for this month of May, I am setting you guys a little mini money making challenge. It's some just a small little tactic or strategy that I've seen work really, really well for my clients and students. And I'm sharing it with you guys because it's something that is easy to implement, easy to test, and just a little thing that you might want to play with in your business. Something that you might want to go out and try either this month. I encourage you to do it this month because like I said, I'm trying to create a bit of a tidal wave of sales for everyone who is listening to the podcast this month. And if you do try it out, let me know, let me know how it goes. But it could just be something you keep in your back pocket as an idea for something you might want to try when you're wanting to, you know, mix up your promotions a little bit. You know, make your promo calendar if it's got a gap in it, an easy way to fill it if you've had a quiet launch or you're having a quiet month and you want just a little mini cash injection. That's what these ideas are all about. So challenge number one was all around the power of payment plans. Challenge number two, again, another simple, super simple thing. You can go and test out to your current list, to your current followers right now if you wanted to. And that is creating an offering for a limited time only, an amazing bundle of your offers. So this one really is for people who have multiple products, services or courses out there. And if it makes sense to creating just this killer mega bundle of all of your stuff together and putting on a really, really juicy price. So the Reason I love this offer so much and like I said, if you only have one product out there right now, this one's probably not the one for you. But if you have, if you're a bit of a course junkie like I am and you just can't seem to stop yourself from creating new offers, this could be a really, really great way of getting people who maybe have been on the fence about a product or who are like, oh, I'm not sure which one I should get. I kind of should do this one or this one. It's giving them that extra boost. And because you're bundling these things together like most people probably aren't going to go out apart from your die hards, your diehards will always buy everything you do. But major, that's only, you know, usually a small percentage of people. The majority of the people who buy from you, they'll might buy one, one thing, maybe two things down the track, you know, like depending on how your business is set up. So this really creates a, like I said, a really juicy, really easy yes. Offer because they can get so, so much value. You can, the price you, you charge is obviously probably going to be more than, definitely should be more than the cost of just one of your programs. But it means, you know, it gives you an excuse to go out there, test out a higher price point to increase that, you know, the average cart value of people and just have it as a, another thing to be, to be talking about another sort of way of, of adding extra value, of making something that's really juicy and exciting. And I said you want to make sure this has a, you know, short window. Maybe it's a weak open and closed cart because this one will probably be a higher investment. So a shortcut might not work for this but you know, five to seven day open cart, bunch of emails promoted on social. Your big massive bundled offer that has got X amount of value in it because you add up the value of all of your programs and all of the bonuses and all of that together. But they're going to get it for a really great price. But the, but this becomes a win win for everybody because they get a great deal, they get access to all of these things. They probably wouldn't have necessarily jumped in and been able to either afford or, you know, thought to buy all of them before. And then you get the win because it is, you know, going to be a higher price than what you're probably selling them. Well, definitely what you're selling them individually. Again, it's Just about thinking about what are these little ways, little things that I can test out of trying different things in the market, seeing what works. And I know some people who do this once a year, they have their big bundle and they usually they've done it like a start of the year to kick it off. It's like get all of my programs for this price, but I only do it once a year. That adds to the scarcity as well and to the desirability of it. So that is challenge number two, guys, like I said, keeping them short and sweet and actionable. If this makes sense to you, go out there, right? You know, sit down, write the emails, get it out there, see how it goes and then make sure you let me know because I need to, I need to know. I want to see this ripple effect of all of you out there trying out these little quick win strategies. Now, of course, one of my other favorite ways to make money for your online business is through adding, you guessed it, adding a funnel. And we actually have a pretty epic free calculator you can check out right now at HelloFunnels Co Money, which will show you exactly how much money and sales you are currently missing out on. I know, ouch. But it's this information that is good to know because you don't have a funnel yet. It only takes about 30 seconds to pop your details in and it will show you exactly what a funnel could do for you or can do for you and will do for you once you get it set up. And I think it is going to surprise you. So head to hellofunnels co Money now and check it out. And once you've done that, guys, and you've gone and implemented this challenge number two, make sure you come back next week for our third challenge, which is a doozy. I think you're going to love it. Until then, guys, hope you love this episode. Make sure you subscribe, make sure you share and I'll see you all same time next week with episode or part three of Make Money May. I'll see you all then. Bye.

Thanks so much for listening to the Doing it online podcast. If you love this episode, don't forget to subscribe and leave us a review. And if you're ready to take your online course sales to the next level with your own six or seven figure funnel, let Kate show you exactly how today at stealmyfunnel.com.

Sam.