Loading summary
Omar Zenhom
Ever wonder how I launch and sell an online course successfully? I just wrapped up launching the hundred dollar A program and I want to show you exactly how we did it. In this episode I'm going to give you a step by step breakdown of my 10 day launch schedule including how I used a 3 day live training event called Own your job to build trust, generate leads and create content that keeps selling the program long after the event was over. If you're thinking about launching an online course or program, this episode will give you the exact blueprint. Let's dive in. Welcome Back to the $100 MBA Show. I'm your host, Omar Zenholm where I deliver practical business lessons three times a week, Monday, Wednesday and Friday to help you start, grow and scale your business. Before we begin, a big shout out to Michael Maidens who is our launch coach helped us with our launch here at the $100 MBA that we just wrapped up. He is a launch wizard. He's helped some of the big names like Jeff Walker from Product Launch Formula and he sat down with us all day one day in his home to plan out our launch. So a lot of the wisdom I'll be sharing with you comes from Michael, but you can check him out over@michaelmadens.com I've been launching and selling online courses for over a decade, but this time we took things to a whole new level with the 100 MBA programs recent launch. This wasn't just a standard email sequence or a couple of webinars. It's a well thought out system that combines live high value content that builds trust, evergreen content that keeps selling the course post launch after the initial buzz and then of course a structured timeline that maximize the momentum and the urgency of the launch. And today I'm going to walk you through it step by step. Let's go through the ten day plan we used to successfully launch the hundred dollar MBA program. Let's start with day one to day three. And that's our live three day event that we called own your job. We kicked off our launch with training. A training event to help our audience jumpstart their new business. This event was designed to earn trust by giving massive value upfront, by creating authority, by demonstrating our expertise and then of course showcasing the problem that we solve with our program. Each day was focused on one key aspect of building a successful business. Ideation, product development and marketing and sales. That's how we broke it up in the three days. So day one really was all about mindset and ideation, you know, nailing your idea Based on your skills and knowledge and experience. And then day two was about creating a product that is scalable. And then day three was how to create a great marketing vehicles and sales systems to present a no brainer offer. So why does this work? When people learn directly from you, they're more likely to trust and buy from you. Especially because your product is you, is you teaching them. So they're getting a test run, they're getting a test to drive, so to speak of what your program is going to be like. But here's the best part. We recorded these lessons, we recorded these sessions of the event and we repurposed them as on demand content. We offered the replays to everybody, regardless if they were there live or not. It kept working for us during this launch period. So after day three and beyond, these recordings served as great content to build trust. Now we move on to day four, which is officially the day that we open the cart to the whole email list to the public. Really. So we're creating buzz and creating trust and building rapport with our audience during the three day event. And we are offering the program but just to the people that are there live. But then on day four, it opens up to everybod, our email list as well as everybody to the public on our social channels. This is when we officially open enrollment to the program. We send out emails to everyone who's attended and signed up as well as those who did not sign up. We also offer special bonuses for those who sign up during this launch period. You always want to give people a compelling reason to act right away. You just got to give them a reason to buy. Bonuses, discounts or an exclusive offer work really well. This is why one day sales always are advertised on the radio, is to get people into the store buying. Now we move on to day five to seven on the launch and it's kind of like the lull of the launch. But it's important because this is where we nurture and address objections. This is where most people miss the mark really and they kind of get lazy. We don't just send hey enrollments open. Instead we nurture our leads and start sending, you know, the replay videos from our three day event. We answer common objections or questions with follow up emails. We share testimonials or case studies to show social proof. So for example, when people ask is the program right for me? We send an email breaking down who the program is for and who it's not for. Now we're getting close to the end of the launch day eight and nine on day eight, we remind them of the urgency that, hey, you only have a few days or 48 hours left to enroll. We use a countdown timer on our sales page as well as in the emails. And this really visualizes the scarcity. Now remember, scarcity only works if it's authentic. It has to be real. The doors really do need to close in the time that you say it does. If you fake it, you will break trust. And that is a sin in my book when it comes to business. Business is all about building trust, building rapport, and making sure that you always have your customer's best interests in mind. But we have to remember that scarcity does work. So we do have to create scarcity to get them to make a decision. And this works because people hate missing out. This takes us to day 10. The last day cart closes. This is where we send out the final day reminders. It's all about urgency and reminding them that action is what they need to do right. Regret is not a good feeling. You don't want to miss out on this offer. So you may want to send multiple emails, not just one email on the last day. You want to address any last minute concerns and of course show that final countdown that the car is closing now. Statistically, 50% or more of your sales often come on the last day. So don't hold back and don't lose hope. A lot of people worry, did my launch fail? I only got a few sales. A lot of the sales are going to come towards the end of the launch last few days, especially that last day. So what happens after the launch? Just because the car closes doesn't mean the work stops after it's over. You want to follow up with those who didn't buy. You want to just send out an email and say, hey, totally cool, you didn't buy, but could you reply to me and let me know what were the reasons why, so I can be able to improve my product or service or offer. This could be a survey. This could be just simply like an email and they reply to you and just send you a few sentences. This is a good chance for you to collect testimonials from the new customers you just got. They're fresh, they're happy, they are excited. And you have the chance now to repurpose the event, that live event content into evergreen lead magnets to keep growing the list. This could be like some sort of automation where they can watch these videos and then you can make them an offer the next time you open enrollment. So why does this system work. Why does this 10 day system work so well? Well, number one, live training builds trust and authority. Number two on demand content sells after the training is over throughout the launch. Number three urgency and scarcity drives conversion and most important, it puts the focus on providing real value before asking for the sale. If you take one thing away from today's episode, let it be this. The best launches aren't about pushing a product. They're about serving your audience first so that buying from you becomes the obvious next step. You don't have to be pushy, you just have to be helpful and consistent. Give value, build trust, help them make a decision and the sales will come. If you want to learn more about creating, launching and selling your online course as well as building an Incredible Business, join my Three Things newsletter. Every single week I send you three things. 1. Something to think about number two something to do number three something to learn. It's my way to coach you from afar and help you build a business that grows. Go to 100 MBA net and sign up for any of our free guides and you'll be added automatically. I'm Omar Zainam. Serve first, sell later and I'll check you in the next episode.
Podcast Summary: The $100 MBA Show - MBA2613: How I Launch & Sell My Online Course Program: A Step-By-Step Guide
Introduction to the Episode
In episode MBA2613 of The $100 MBA Show, host Omar Zenhom delves into the intricacies of launching and selling an online course successfully. Drawing from his recent experience with the launch of the "Hundred Dollar MBA" program, Omar provides listeners with a comprehensive, step-by-step blueprint to navigate the complexities of course creation and marketing without the need for significant financial investment or risk. This detailed summary captures all the essential discussions, insights, and conclusions presented in the episode.
Acknowledging the Launch Coach
Right at the outset, Omar extends gratitude to Michael Maidens, a renowned launch coach who played a pivotal role in the success of the recent launch. Highlighting Michael's expertise, Omar mentions:
"He is a launch wizard. He's helped some of the big names like Jeff Walker from Product Launch Formula..." (00:00).
Overview of the Launch Strategy
Omar emphasizes that the recent launch was not just a routine email sequence or a series of webinars. Instead, it was a meticulously crafted system that integrated live high-value content, evergreen content, and a structured timeline to sustain momentum and urgency throughout the launch period. This multifaceted approach ensured that the program continued to sell even after the initial buzz had subsided.
Detailed Breakdown of the 10-Day Launch Plan
The core of the episode revolves around a 10-day launch schedule, meticulously designed to maximize engagement and conversions. Here's an in-depth look at each phase:
Days 1-3: Live Three-Day Event - "Own Your Job"
Purpose: To build trust, generate leads, and create enduring content that markets the program beyond the live event.
Structure: Each day focused on a crucial aspect of building a successful business:
Notable Insight:
"When people learn directly from you, they're more likely to trust and buy from you." (00:00)
Repurposing Content:
All sessions were recorded and repurposed as on-demand content, allowing continuous trust-building even after the live event concluded.
Day 4: Opening the Cart to the Public
"You just got to give them a reason to buy. Bonuses, discounts or an exclusive offer work really well." (00:00)
Days 5-7: Nurturing Leads Amid Launch Lull
Days 8-9: Creating Urgency and Scarcity
Goal: Reinforce the limited-time nature of the offer to drive conversions.
Techniques:
Key Point:
"Scarcity only works if it's authentic. It has to be real. The doors really do need to close in the time that you say it does." (00:00)
Philosophy:
Trust is paramount. Faking scarcity can break trust, undermining long-term business relationships.
Day 10: Final Push and Cart Closing
"Statistically, 50% or more of your sales often come on the last day." (00:00)
Post-Launch Activities
Closing the cart doesn't mark the end of the process. Omar outlines essential post-launch steps to sustain momentum:
Follow-Up with Non-Buyers:
Collecting Testimonials:
Repurposing Content:
Why the 10-Day System Works
Omar attributes the effectiveness of this system to several key factors:
Building Trust and Authority:
Evergreen Content for Continuous Sales:
Driving Conversions through Urgency and Scarcity:
Value-First Approach:
Key Takeaways and Conclusion
Omar distills the essence of a successful launch with a powerful takeaway:
"The best launches aren't about pushing a product. They're about serving your audience first so that buying from you becomes the obvious next step." (00:00)
Final Advice:
Serve First, Sell Later:
Focus on providing undeniable value to build trust and authority.
Consistency is Crucial:
Maintain regular engagement and support throughout the launch process.
Be Authentic:
Ensure all scarcity tactics are genuine to preserve trustworthiness.
Additional Resources
For listeners eager to implement these strategies, Omar invites them to join the "Three Things" newsletter for ongoing business coaching and insights. Free guides and resources are available at 100MBA.net, and the show can be followed on YouTube.
Closing Thought
Omar concludes by reiterating the importance of a service-oriented approach, emphasizing that being helpful and consistent naturally leads to successful sales without the need for aggressive tactics.
Timestamp Reference: