cvo lesson 1 slides
DESCRIPTION
my CVO Lesson 1 SlideTRANSCRIPT
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CONVERSION FUNNEL MASTERYA N D C E R T I F I C A T I O N C L A S S
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OUR GOAL:Craft a conversion funnel that lowers
the cost of acquisition, while simultaneously increasing immediate
and lifetime customer value
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HE (OR SHE) WHO IS ABLE AND WILLING TO SPEND THE MOST TO ACQUIRE A CUSTOMER - WINS...
THE ONE IMMUTABLE LAW OF
BUSINESS GROWTH
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THE CVO GROWTH PLAN
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WHAT IS CVO?
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SHOCKING STATEMENT
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Just because you know your product or service is great
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just because you know your prospects really need it
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that doesnt mean they know they need it
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nor does it mean they want it from you if they do. (At least not yet.)
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nor does it mean they want it from you if they do. (At least not yet.)
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The CVO Growth Plan works because it follows the structure and sequence of normal, healthy human relationships
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This is what most marketers are doing
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Others are over-compensating and never get out of the friend zone
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Lead Magnet
Tripwire
Core Offer
Profit Maximizer
Return Path
THE FIVE THINGS
Our Methodology...
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Lead Magnet
Tripwire
Core Offer
Profit Maximizer
Return Path
Whats your number?
Want to get coffee?
Can I take you to dinner?
Will you marry me?
(Flowers, date night, etc.)
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WE DO THIS BY OPTIMIZING ALL 5 PHASES OF THE CONVERSION FUNNEL
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THE FORMULA:L x c x m x f = GP
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L x c x m x f = GP2 2THE GOAL:
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L x2 c x m x f = GP22 4THE GOAL:
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L x2 x m x f = GP42 82cTHE GOAL:
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L x2 x mx f = GP82 12c 2THE GOAL: