Creating a High Ticket offering

[mycryd]

Hello Fastlaners .. I'm reaching out for advice on how to come up with an idea and create a High Ticket offering in my business. Right now I host Sound Healing Therapy (Sound Bath) events throughout the city I live, Vancouver and the surrounding areas. I put on about 12 - 15 events per month, and they are doing quite well, and selling out at $35 per person. Currently bringing in about $6k - 8k per month with this. Obviously this is limited in that there's only so many events I can host myself every month, and it also requires time in for dollars out.

My next move is to create something that is worth more, a high ticket offering. I'm hoping to use my events and social media following to funnel up into this higher price point offering ... it could maybe be a course, or a retreat, or training, etc. I'm not sure what it will be yet, but I'm wondering if anyone knows any resources or could help me create this vision? I'd like to offer something worth about $5000 or so.

 

Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

[Tiago]

I might have a few ideas that I can share with you that have worked for my clients. If that’d be helpful to you, send me a DM and let’s chat.

 

[Kung Fu Steve]

I put on about 12 - 15 events per month, and they are doing quite well, and selling out at $35 per person.

My first question is if you're selling out regularly, why not test pricing? Raise it to $40 or even $45 and see if you still sell out?

I don't know the first thing about you but your product may not lend itself to a "high ticket offer" -- unless you're doing a weekend retreat or something along those lines?

Maybe package sound healing with yoga, acupuncture, and a sensory deprivation tank (just spit-balling but hopefully you get the idea) for a day-spa type thing?

Maybe teach sound healing to other practitioners and teach them how to charge for such a process?

 

[mycryd]

I might have a few ideas that I can share with you that have worked for my clients. If that’d be helpful to you, send me a DM and let’s chat.

Sure I'd love to chat more with you.

 

Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

[mycryd]

My first question is if you're selling out regularly, why not test pricing? Raise it to $40 or even $45 and see if you still sell out?

I don't know the first thing about you but your product may not lend itself to a "high ticket offer" -- unless you're doing a weekend retreat or something along those lines?

Maybe package sound healing with yoga, acupuncture, and a sensory deprivation tank (just spit-balling but hopefully you get the idea) for a day-spa type thing?

Maybe teach sound healing to other practitioners and teach them how to charge for such a process?

Yes, I think you're right ... it would probably have to be some kind of retreat that involves more than just a sound bath event, or create a course or a mastermind event. I guess I'm on my own in terms of creating this vision and getting specific. Thank you for your reply!

 

[mycryd]

I might have a few ideas that I can share with you that have worked for my clients. If that’d be helpful to you, send me a DM and let’s chat.

How can I DM you? Want to chat on WhatsApp?

 

[Tiago]

How can I DM you? Want to chat on WhatsApp?

It's through the forum's native messaging system. Just sent you a message, check your inbox.

 

Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

[Kid]

Create franchise.

 

[MichaelCash]

Have you thought of offering it online? Then you can probably reduce the cost as you dont need to rent a place and make it more frequent.

 

[Andy Black]

What are other businesses in your industry doing?

Is there scope for corporate events?

Who would pay more because they would see it as an investment?

 

Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

[Tourmaline]

Sound healing, I like that a lot. Different frequencies affect our energy centers and can really do quite a lot. One of these days I intend on picking up a set of quartz singing bowls, they feel sooo good.