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Should I Offer a Low Ticket Training Plan or Membership?

Episode 52 of the Strength Matters podcast, hosted by Strength Matters, titled "Should I Offer a Low Ticket Training Plan or Membership?" was published on November 21, 2023 and runs 10 minutes.

November 21, 2023 ·10m · Strength Matters

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In today's episode, we dive deep into the world of fitness business with James Breese and Josh Kennedy. We're tackling a crucial question for personal trainers, gym owners, and fitness professionals: "Should I offer a low ticket training plan or membership?" If you're at a crossroads in expanding your fitness business, this episode is a treasure trove of insights. Don't miss out – press play now to unlock the potential of your fitness business! Timeline Summary: [00:00:05] Low Ticket vs. Hig...

In today's episode, we dive deep into the world of fitness business with James Breese and Josh Kennedy. We're tackling a crucial question for personal trainers, gym owners, and fitness professionals: "Should I offer a low ticket training plan or membership?" If you're at a crossroads in expanding your fitness business, this episode is a treasure trove of insights. Don't miss out – press play now to unlock the potential of your fitness business!


Timeline Summary:

  • [00:00:05] Low Ticket vs. High Ticket Training
  • [00:01:16] Examples of Low Ticket Offers
  • [00:02:10] Integrating Low Ticket in Business
  • [00:03:07] When to Avoid Low Ticket Offers
  • [00:09:34] Decision Guide: Low vs. High Ticket


Key Takeaways:

  1. Defining Low Ticket Offers: James explains that low ticket offers are affordable services like app-based training or online coaching programs targeted at specific niches.
  2. The Value of High Ticket Offers: The discussion highlights the importance of focusing on high-ticket, personalized training, especially for those not yet at full capacity.
  3. Building an Online Presence: Successful low ticket offers require a strong online presence and community engagement, including content marketing and social media.
  4. Experience Matters: James emphasizes the need for experience in high-ticket online coaching before venturing into low-ticket offers.
  5. Infrastructure is Key: The necessity of having the right tools and systems (CRM, training software, etc.) to manage and grow low-ticket offers is discussed.
  6. Pricing Strategy: James shares insights on pricing high-ticket offers and maintaining client relationships for long-term value.
  7. Decision-Making Flowchart: The episode concludes with a simple guide to decide whether to focus on high-ticket, hybrid, or low-ticket offers based on current business capacity.


Websites and Links Mentioned:


Quotes:

"Until you're at max capacity, your focus should be focusing on the high end ticket solutions, not the low end stuff." - James Breese

"If you find those sweet spot then they're going to be with you for a long time."  - James Breese

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