23 – Easy way to increase course revenue without raising price

How to increase course revenue without raising price

One of my clients makes on average $400 for a course that is priced at a $100.

How is that possible?

Affiliate offers

I would not advise you to start an affiliate business but if (1) you already have the traffic & (2) an offer that you control & (3) the ability to seamlessly promote them…

Do it

Think of your course biz as an eco-system.

This image describes traffic and offerings that he David owns. 

What you want to do is add things that complement your offer.

So if your course helps create an outcome or transformation.

What are the tools / services that you already use or recommend to get there faster / easier?

Not all affiliate offers are equal so next I’d go over my potential earnings with each one. 

Example:

Company A: Pays $75 per purchase (one time)

Company B: Pays $15 per month (as long as user is on plan)

Is this a tool they’ll need to use for more than 5 months? If yes… go with company b.

Always try and maximize your income. 

This also gives you the ability to create low cost and free courses that will make 90-100% money from affiliate offers. 

I’d only do this to create a “gotcha” lead magnet that can be sold on marketplaces (Udemy, Amazon, Appsumo etc..)

The criteria:

Solve a small (difficult) problem that creates more problems (that your main course solves). 

Until next week,

Tom

Whenever you’re ready, there are 2 ways I can help you:
  1. If you’re still looking for traction in your online course, I’d recommend starting with an affordable guide:

The Course Engine: Transform your course into a money-making machine with The Course Engine. This quick and actionable guide will teach you the system I use to transform average courses into ones that can grow past 7 figures in revenue with my in-person clients.  Join 279+ students here.

  1. Want an expert to take over or help you with your marketing?

Check out what we do, our case studies and book a free consultationwemarketonlinecourses.com

Join 14K+ subscribers growing their online course businesses

Every Saturday morning, you’ll get 1 actionable tip to validate or scale your online course.

I will never sell your information for any reason

ABOUT THE AUTHOR

Subscribe to the Newsletter

Join 14K+ creators that receive one tip each Saturday morning on how to validate, scale and exit their online course business

    Share this Newsletter on: