Why a Sales Team Isn't Required for Every $3K Offer — Transcript
Full transcript
- 0:00If you add a sales team to most
- 0:01businesses, most businesses will make
- 0:02more money. And so if you were to think
- 0:04about your attention like a pyramid,
- 0:06um
- 0:06if you just draw a line at the top of
- 0:09the pyramid, that's what you would
- 0:10convert automatically. If you go lower
- 0:12than that, then you basically convert a
- 0:14a colder percentage of the audience
- 0:15because the sales team kind of nudges
- 0:17people, kind of grabs people from below,
- 0:19and then pulls them up, right? Um I
- 0:22think that like for what my plan is for
- 0:242026, I probably will not have a sales
- 0:27team um for what I'll be doing. And I
- 0:30think about that because
- 0:32um I mean honestly it's just because
- 0:34like I have enough traffic that I don't
- 0:36feel like building a 200-person sales
- 0:38team, which is what I would probably
- 0:39have to do in order to handle the
- 0:40traffic that I have. Um and so I've just
- 0:43set the you know restriction for us as a
- 0:45company like we just won't have one, and
- 0:48we will figure out how to do it without.
- 0:50So I'll have tons of data on this next
- 0:52year cuz that's going to be a big focus
- 0:54of mine. And I'm going to hold the line
- 0:56with that um
- 0:58as like a big a big priority. I do think
- 1:00all the benefits that I that we kind of
- 1:01talked about which is like if people
- 1:03click buy, I do think they're they have
- 1:04higher intent. I do think they'll
- 1:05probably stay longer than people who are
- 1:06sold over the phone. I think you have
- 1:07fewer chargebacks, fewer refunds. I
- 1:09think reputational risk goes down. So I
- 1:11think there are a lot of benefits um to
- 1:13that. But from a like a make money fast
- 1:14button, adding a sales team pretty much
- 1:16does that. Um and so if if there is a
- 1:19world where you can get higher
- 1:20conversions without the work of managing
- 1:22a sales team, then I think everyone will
- 1:24jump onto that. Um the early signs that
- 1:26I've seen because I look at a lot of
- 1:28businesses, um I have seen a
- 1:30proliferation of people who are selling
- 1:32via automated chat, things like that. Um
- 1:36and what what from from what I've heard
- 1:39early on from the guys that I know um
- 1:40who are doing decent numbers,
- 1:43the advantage of no sales team, you will
- 1:46you will convert a smaller percentage of
- 1:47people who see the offer, but 10 times
- 1:50as many people might see the offer. And
- 1:52that's because you don't have to deal
- 1:53with schedules, no-shows, getting to
- 1:55somebody like all of that disappears.
- 1:57and so it's really just it's going to be
- 1:59offer driven to be fair cuz like the
- 2:01offer is going to carry a lot of the
- 2:02weight especially if you don't have a
- 2:03brand but basically showing the offer to
- 2:05as many people as you can in general
- 2:07tends to get more.
- 2:09Also, I think the higher the
- 2:11qualifications of who you're looking
- 2:12for,
- 2:13the less some people want to hop on
- 2:15sales calls.
- 2:16So, I think there's like I do think
- 2:18there's some stuff in terms of culture
- 2:19that's moving.
- 2:21You know,
- 2:2220 years ago answering phone calls was
- 2:24really normal. Now it's rude.
- 2:26>> That part's super interesting cuz me
- 2:28personally and everyone I talk to it's
- 2:30like they don't want to get on a sales
- 2:32call. They just want to buy.
- 2:33>> Yeah.
- 2:34>> And you even like bought your Tesla by
- 2:36clicking buy now.
- 2:37>> Yeah.
- 2:37>> And it's like a hundred and something
- 2:38grand you just click buy now. You don't
- 2:40go to the dealership anymore. You don't
- 2:41even talk to someone. Someone sends you
- 2:43a text you're like, "Ugh, come on, just
- 2:45let me buy it." Um but when they're more
- 2:47qualified, so that's why these two
- 2:49things can kind of work together I
- 2:51think. Um a more experienced business
- 2:53owner
- 2:54that is making more money probably just
- 2:56wants to see the price, see what they
- 2:57get, click buy.
- 2:58>> Yeah.
- 2:59>> Yeah.
- 3:00>> And that's a little bit of a preview of
- 3:02what I'll probably be doing next year.
- 3:04Um is like how can I how can I make it
- 3:06for the right avatar? They just want to
- 3:08be able to make the decision in 2
- 3:09minutes and be in and out. Um
- 3:13and so that's I'm going to basically
- 3:14orient towards that.
- 3:16>> And I guess you also just experienced
- 3:17this with your launch.
- 3:18>> Yeah.
- 3:18>> Cuz
- 3:19yeah, there was no sales team really.
- 3:21Yeah, okay.
- 3:22>> And people and I think there there's
- 3:23also like there's a lot of limiting
- 3:25beliefs in the space of like anything
- 3:26above $3,000 you have to have a sales
- 3:28team for.
- 3:29I don't think I mean fundamentally like
- 3:30go down to physics. Like no, I mean
- 3:31people are buying $170,000 cars online.
- 3:33So, no, I don't think that's true. I do
- 3:35think that people need a certain amount
- 3:36of information in order to make a
- 3:37purchasing decision and the amount of
- 3:39information required to make that
- 3:41decision depends on the qualification of
- 3:42the prospect. So, if a higher a super
- 3:44highly qualified person and a low price
- 3:46relative to their qualification, they
- 3:48don't need a lot of information to make
- 3:49the decision. If you have a
- 3:52a B2C customer and you're selling them a
- 3:53house, they need a lot of information to
- 3:54make that decision
- 3:56or at least significantly more. And so
- 3:57functionally brand serves as the proxy
- 4:00for lots of information prior to the
- 4:02purchase and then they just need enough
- 4:04information about the offer in order to
- 4:05buy. And so that's where like I think
- 4:07many of you guys who here has organic as
- 4:09like one of your primary ways of getting
- 4:11customers.
- 4:12Yeah, it's probably 80% of you guys are
- 4:15are organic first and I think that
- 4:18that's actually just going to continue
- 4:19to increase. I mean it already is you
- 4:21know 80% but if if we had asked this
- 4:24question like 5 years ago,
- 4:26I mean it probably would have been like
- 4:2710.
- 4:29Like a lot of things have changed and so
- 4:32obviously I mean if you just model what
- 4:34I'm doing like I'm investing super heavy
- 4:35in media super heavy in brand.
- 4:38Um
- 4:38A16Z which is a big VC firm they've got
- 4:42like 40 billion you know under
- 4:43management. They're building a a
- 4:44separate media house because they see
- 4:46the value
- 4:48of media and production and how it
- 4:49merges with commerce and business and so
- 4:51like I don't think this is going away. I
- 4:53only think it's going to get more
- 4:54aggressive and that's why I'm getting
- 4:55really aggressive in my investment with
- 4:56it.
- 4:57>> Very interesting.
- 5:00>> [applause]
- 5:01>> I got an applause.
- 5:03>> If you were the best salesperson in your
- 5:05company, then your company will be
- 5:07always capped by you. This is what the
- 5:10two-day workshop is for. Now to be clear
- 5:11before I get into what it is, this is
- 5:13for million-dollar plus businesses that
- 5:16are trying to scale their sales team
- 5:17where you are still probably vast
- 5:19majority of the magic either you're
- 5:20literally taking calls or you are a big
- 5:22percentage of the revenue or you have to
- 5:24be constantly on the sales team in order
- 5:26to get this to work. If you're in any of
- 5:28those settings, then this is absolutely
- 5:29for you. And so if you are tired of your
- 5:31sales relying on you and want a sales
- 5:33system that scales beyond you, then
- 5:35apply. That's the deal. And so if it is
- 5:37a fit, we look forward to seeing you out
- 5:38here and it's a great time. We're
- 5:40talking about sales stuff. Like how
- 5:41could you have a better time? Don't just
- 5:42take my word for it. Here's what other
- 5:43people are saying about workshops.
- 5:44They're
- 5:45premo and uh yeah, can't we just see how
- 5:47it's
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