I’m creating new service with a noted industry expert that exists entirely online. The expert is a coach to professional athletes, and has coached numerous noted NFL, NHL, MLB, athletes among others. We are making his workouts available online for a monthly subscription, along with video representation of drills, technique etc. and a forum for members to ask questions.
This guy has a prestigious, elite, almost elusive air around him. People know his workouts are special, and if they are lucky, they get to use them. All the people that come to him are top level athletes or coaches. Currently, he doesn’t charge anything to these athletes for these workouts; it’s really like an elusive club where it’s free to join if you are accepted, but it’s hard to be accepted. That is going to change.
We are going to make these workouts available to a larger audience, from professionals to high schools, and start charging for them. However I don’t want to lose that prestigious quality that they already have. There’s a lot of “Steve’s Super Speed System” out on the internet right now, and I need to safely distance myself from them.
I don’t want the people who have climbed 10,000 ft to meditate with a Zen master to open the paper the next morning and see “Krazy Karl’s Zen Den,” if you get my drift. But on the other hand, most of these high school kids aren’t going to know this coach by name, so I need to sell to them.
My questions are:
1. Nobody with this track record has ever offered a service like this before, so people are going to assume this product is something else. (Steve’s Super Speed System for example). With a brand new product, how do I accurately convey what I’m selling without interfering with people’s preconceptions?
2. How do I keep a prestigious air around the product while making it available to everyone? (I know everyone says focus your market, but for this we really need to hit both markets)
###
Jay’s Answer: Make the bar higher to join than simply paying money. Make prospects write an essay telling you why they want/need this workout, how they plan to make use of it, and how will they notice it works. If they don’t write a compelling essay – return their initial deposit.
Adding an essay will self-limit to only people who are serious enough to want it – and pay for it. It will also be a rich source of what people are looking for, so you can better target them with material.
The website should have an sample of what they’d be getting, so people who don’t know the expert, or trust the testimonials can see for themselves.