• Tanner Chidester - Strategies from a $100M Coaching Business

  • Jun 18 2024
  • Duración: 47 m
  • Podcast

Tanner Chidester - Strategies from a $100M Coaching Business  Por  arte de portada

Tanner Chidester - Strategies from a $100M Coaching Business

  • Resumen

  • Summary:

    Tanner Chidester from Elite CEOs discusses his experience in building a successful business consulting company. He shares insights into team structure, sales processes, and advertising strategies. The target audience for Elite CEOs includes trainers and business owners looking to scale their online businesses. The company primarily uses Facebook and Instagram ads to drive traffic and start conversations through direct messaging. The sales process involves booking calls with qualified leads, and the team focuses on maintaining a high show rate and closing rate. The chapter breakdown provides a comprehensive overview of the conversation. In this conversation, Tanner Chidester discusses various topics related to costs, talent acquisition, financing options, and AI bots in marketing. He emphasizes the importance of finding optimal talent at a reasonable cost and shares his approach to pricing and closing rates. Tanner also explores the use of Klarna for financing and the benefits of offering payment plans. He highlights the challenges and limitations of AI bots in sales and marketing and suggests that building bots for specific niches is more effective.

    Takeaways:

    • Elite CEOs is a business consulting company that helps trainers and online businesses scale their operations.
    • The team structure includes setters, sales reps, and account managers, with a focus on different offers and avatars.
    • The company primarily uses Facebook and Instagram ads to start conversations through direct messaging.
    • The sales process involves booking calls with qualified leads, and the team emphasizes maintaining a high show rate and closing rate.
    • The target audience for Elite CEOs includes trainers and business owners looking to scale their online businesses. Finding optimal talent at a reasonable cost is crucial for business success.
    • Offering flexible pricing and payment plans can increase close rates and revenue.
    • Klarna is a viable option for financing and can be integrated into the checkout process.
    • AI bots in sales and marketing have limitations and may require manual optimization.

    Chapters:

    00:00 Introduction and Background
    01:00 Team Structure and Roles
    06:06 Target Audience and Avatar
    08:09 Advertising Channels and Strategies
    10:14 Conversion Process and Qualifiers
    12:44 Video Content and Call-to-Action
    14:10 Booking Calls and Qualification
    15:05 Team Structure and Shifts
    16:29 Backend Metrics and Performance
    20:57 Team Location and Incentives
    22:25 Compensation Structure
    23:26 Costs and Talent Acquisition
    24:02 Finding Optimal COOs
    24:31 Flexible Pricing and Closing Rates
    25:06 Exploring Financing Options
    25:37 Payment Plans and Maximizing Revenue
    26:22 Using Klarna for Financing
    27:15 Simplifying the Financing Process
    28:24 Integrating Klarna into the Checkout Process
    29:16 Increasing Close Rates with Financing Options
    30:13 Low-Ticket Products and Upsells
    31:11 Closing Higher-Ticket Clients
    32:47 Initiating DM Conversations
    34:02 AI Bots and the Limitations
    37:43 Building AI Bots for Specific Niches
    38:35 The Challenges of AI in Marketing


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