The Russell Brunson Show - (MS) Inner Circle - What We’re Building Into The NEW Value Ladder for ClickFunnels 2.0

Episode Date: May 19, 2023

If you've been listening for a while, you'll remember our discussions about the Linchpin strategy and our launch of ClickFunnels 2.0. Since our launch, we've put many of our old funnels on ClickFunnels Classic on pause and have been rebuilding our Value Ladder. Hit me up on IG! @russellbrunson Text Me! 208-231-3797 Join my newsletter at marketingsecrets.com ClubHouseWithRussell.com Magnetic Marketing Learn more about your ad choices. Visit megaphone.fm/adchoices

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Companion, only in theaters January 31st. You're listening to Marketing Secrets with your host, Russell Brunson. What's up, everybody? This is Russell Brunson. Welcome back to the Marketing Secrets podcast. Today, I want to go a little old school with you. I want to go back in time, all the way back to the time that you first read about the value ladder. Um, if you've read the dot com seekers book, you know that the value ladders on the core, like fundamental principles about how do you grow a company online, right? And each tier of the value ladder, there's different sales funnels and things like that.

And it's interesting because right now, uh, like a lot of you have been is when 2.0 ClickFunnels 2.0 launched, you started the process of like, okay, I'm gonna start moving and migrating my funnels over. And for, I don't know about you, but for me, it's been so much fun because it gives me a chance to kind of like, okay, slowly move things over and how can I make it better? What tweaks I make? What changes? And how can I, you know, now knowing what I know now versus what I knew when I started this funnel six months ago or a year ago or five years ago, like what are the tweaks and changes I'd make? And so we've been systematically and slowly moving funnels over from 1.0 to 2.0

and rebuilding them, and it's been so much fun. I hope you guys are enjoying the process too. Some people are like, I just want to have everything moved over for me. I'm like, God, you're depriving yourself of the opportunity to rethink through how to make these things even better. But anyway, that's just me. I'm kind of a nerd in this game, as you know. But as I was going through, I remembered this really interesting conversation I had with Chet Holmes, man, probably 10, 12 years ago now, that I had forgotten about.

But as I was building out our, you know, moving our funnels over and redesigning our value ladder and all the things that come with that, I realized that I had missed this simple and yet powerful piece. And so I don't want to ruin the surprise for you what it is, but I do want to tell you. So in fact, at one of my recent inner circle meetings, I sat down and I explained to people what this aha was. And it's simple, but it's so powerful. And so I want to share with you guys today, because if you are building out your value ladder, you're thinking about it, you're trying to figure out all that kind of stuff, and maybe you're just beginning, which is totally cool as well. This gives you something to think through as you're kind of building out the thing that you're creating. But anyway, I wanted you to kind of have this piece, because it strategically will help you think about your funnels differently, how one funnel ends, the next funnel starts, and a whole bunch of other cool things.

So yeah, this is a part of a presentation I gave at one of my Inner Circle events from a lesson I learned from Chet Holmes. So I hope you enjoy this. And those who are in the Inner Circle and you're hearing this again, I wondering like, have you implemented it yet? If not, now is the time. And those who, um, who were just here the first time know that these are the conversations we have inside the inner circle and they're so much fun. So hope you enjoy this, uh, this glimpse of your future. Um, something I learned back in the past. This is one of those things like as I started, as we started focusing on ClickFunnels 2.0,

what's the value level look like? What's the problem? All these things are kind of rebuilding them. It's interesting as you start seeing the holes in your own, in what you're doing. You guys ever done that before? Have you ever hired a consultant? They come in and tell you all the stuff you did wrong.

And you're like, I knew I was doing those things wrong. Or if you were like, you said, I'm just gonna hire myself for like five minutes and see what I'm doing wrong. And you're like, oh, this is all the stuff we're doing wrong. We should fix that before we hire a real consultant. Right. Um, this is kind of similar thing is like, as we've been kind of looking through this, I'm like, Oh, I'm seeing the gaps. And I know it's funny. Cause it's like, these are things I understand. I talked, I've learned earlier. And like, and so back when I was first getting started in this

business, I'd built a call center of like 60 people. And, um, I had a chance to work with Chet Holmes who wrote the book, the ultimate sales Machine. And we were going to be doing inbound calls for Chet. So we had a really cool opportunity to spend some time with him. And he showed me like their entire business model. And it was really interesting because if you look at the way Chet's model worked is he would run, they ran radio ads for a free report. And instead I sent him to the website to get opted and said, call this number and leave your email address and we'll email you a free report. And instead of like sending him to the web, you know, website to get opted and said, call this number. We'll give you an, uh, and I said, call this number and leave your email address and we'll email you a free report. So that was kind of the hook. So if you will call on the phone and then they would actually get a live operator and live operator would be like,

uh, Hey, what's up? Thanks for calling Chet Holmes international. Um, what's the best email address for send your report to and the email address. And then they say, Hey, really quickly. I got the phone. Uh, Chet used to do And they get an email address, and then they say, hey, really quickly, I got it on the phone. Chet used to do these full-day seminars in Vegas. CEOs from all around the world would fly to be there, which is $3,000 a piece. But right now, Chet's doing this virtual seminar, which is the same content,

but instead of three days, it's crunched down to three hours. And Chet wanted me to ask to see if he'd be interested in getting a seat to it. Again, normally we charge $297 for these tickets, but instead what we're going to do is we're going to give you the ability to come on to the web seminar for free and then go through the entire three hours.

At the end of three hours, if it was worth the $297, or if it was worth a million dollars, you'll pay us $297. If it wasn't worth it, let us know and we won't bill you anything. So you can go to the three-hour seminar for free if you like it,

and at the end we'll bill you if you like it. Okay? Does this look familiar to any of you guys, by the way? Oh, this is the invisible funnel. Okay. Let me step back. We talked earlier about offer structure. Um, everyone who's doing virtual live events, I would love for you guys to split test this head to head. Most people are doing virtual events and they're charging people 97 bucks for the virtual event. So we shifted the offer. We said, Hey, the event is free. It's $0 to come into the event. And when the event's over, we'll bill you $197. You guys saw this before our two comical live event. So that was how we structured the offer. Same event, same price point. We just structure the offer differently. I don't know the exact numbers. We didn't split

test it, but the very first time we ran it, I think we had 6,000 people virtually live at the event. We've done it now four or five times. The least we've had is 1,500 people live on the three-day event. My belief is we probably got three to four times more people to register than we would have if it had been a straight sell. It's really fascinating. The other crazy thing is that 63% of people who come to the funnel don't actually put the $0 in.

They prepay for a $50 discount. They pay $150 in the money we get immediately, and there's an upsell0 in. They prepay for a $50 discount. They pay $150 in the money we get immediately. And there's an upsell from there. And so, uh, anyway, it's insanely profitable. I'm all out from Chet. So that was Chet's $0 and 297. So then you, you'd come on the webinar for three hours. He would teach you, he'd train you when it was over. Then he'd do the pitch. Basically it was worth 297. Cool. Bill your credit card. And then the sales person who, or the trainer who was training would then pitch them, um, bill your credit card. And then the salesperson or the trainer who was training would then pitch them on their next package. I can't remember the price.

It was like, let's say it's 10K. And the 10K thing, you would get a course, plus you would get six coaching calls. One, two, three, four, five, six. First four coaching calls was training on the course. And the last two coaching calls were a pitch for the next thing, which was like their $18,000 thing. And it went from there. And what Chet said was so fascinating. A couple of things. He said that in his company, he's like, nobody is on, is on salary

or payroll. He said, everybody gets a percentage of, of the cell. He's like, it's cool because big months, we all get big checks, small months, we get small checks. And we guys have a lot of employees and some months, um, they get the same check no matter what, and you get no check, right? So that his whole company was structured where everyone got a percentage of it. So the dude who picked up the dude ran the radio ads, got a percentage of every single thing that happened. The guy who did the phone call got a percentage of everything. So each person got a percentage of everything that kind of happened after them. And it was a really cool, um, anyway, it was really cool model. But the thing that he said that was so powerful, he said that if you look at the way he structures offers is that every offer here in the process,

um, you got content, you got the report, but then the report sold the next thing. You went through the training and the training was amazing, but the end of it, it sold the next thing. And then this was amazing, but the end of it, it sold the next thing, right? So each, each tier of this process, it solved the problem. And whenever we solve a problem in business, it creates another, what for the person creates a new problem. So then we solve a problem in business, it creates another what for the person? Creates a new problem. So then the thing that solved that problem becomes the sales tool for the next problem, right? And everything got weaved in.

And so I started looking at our value ladder and I was realizing that like, I had things that people went from here to here to here to here, but I didn't, I hadn't. And yes, there's like an email campaign that pushes you and there's like these little things, but it wasn't really structured in a way where each offer did a good job of selling the next offer. Right. And selling the next offer and selling the next offer. And so, um, I wanted to

share that with you guys just cause for me, this is the thing I'm thinking right now is like going back to my existing value ladder and thinking like with Chet Holmes, like let's say we give someone four coaching calls. Can you give him six instead or give him five instead? And the fifth one is the call that, that, that transitions them. Can you, um, you know, what are the different pieces you can weave in there to get somebody to move to each tier of the value ladder from step to step to step? You know, it's interesting. I've looked at inner circle for years. Inner circle was just sold separately, just kind of in a weird spot. And like some people found it, most people didn't, you know, this was the first time ever that like everybody is out funnel hacking live.

Let's do something separate, bring people aside and then move them to the next thing. And this was the most people in the shortest period of time that we got to move to the next tier. Right. And it's just strategically thinking through that at each tier in the value ladders. How does this thing get people next year? How does this thing get people next year? And we keep moving it up from there. All right. I hope you guys enjoyed this episode of the marketing secrets podcast if you want to see some of these principles in action and play you can actually go check out one of our challenges and you'll see uh this whole thing in action so if you go to your first funnel challenge.com go and register there and then look at the process see what happens see

where i take you see why i'm taking on that journey and'll see some of these, the practical applications of these strategies. So that's it. I appreciate you all. Thanks for listening. I'll see you guys on the next episode of the Marketing Secrets Podcast.