Guestio founder Travis Chappell breaks down how Joel Marion scaled BioTrust using affiliate marketing.
Insight
Chappell: Front-end cold traffic funnel offers convert poorly above $99
“When I say low ticket, 99 bucks and less, especially if you're selling to cold traffic. Anything higher than 99 dollars, direct to like a VSL or landing page or something like that, you're gonna have a difficult time converting to cold traffic.”
Assertion Supported
Chappell: Podcast booking agencies charge $400 to $500 per guest appearance
“So on average, it's four to 500 bucks per appearance.”
Assertion Not checkable as stated
Chappell: BioTrust paid over 100% front-end affiliate commissions to acquire customers
“And all he meant by that was that he knew his back end numbers so well, he knew his LTVs so well, and what eventually those customers would end up buying from him, that he was able to actually pay out more than 100% affiliate commissions on the front end offer…”
Assertion Not checkable as stated
Chappell: Guestio converted 42% of cold traffic $1 trials into paying subscribers
“Trial conversion rate was about 42% so the people who took the dollar offer, 42% of them stayed on for the first month”
Assertion Not checkable as stated
Chappell: Guestio collected $25K from cold traffic via $497 annual upsell
“What we did is, if you bought on that page, we gave you annual access to Guestio Pro for four 97. Couldn't get anywhere else. That's 60% off of wherever you're gonna find it, but what it allowed us to do is collect 25,000 dollars on a funnel to absolutely dead…”
Assertion Not checkable as stated
Chappell: Guestio's thank you page upsell generated $40K in 60 days
“This one thank you page brought in over 40,000 dollars directly within 60 days of launching it, and we, the people that jump into our agency are 12 month contracts, so our contract value is hundreds of thousands of dollars, all on a one dollar trial offer.”