Two Perspectives on Launch-Based Selling (Because I'm Trying to Be More Open-Minded)
Mar 28, 2024
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Exploring the shift from skepticism to a balanced view on launch-based selling, discussing its challenges and potential benefits. Highlighting the importance of reciprocity in audience building and ethical considerations in maintaining success through launches.
Launch-based selling can be brutal due to its psychological toll on both sellers and buyers.
Focusing on reciprocity and sustainable audience engagement can reduce the need for aggressive launch tactics.
Deep dives
The Cons of Launch-Based Models
The podcast episode explores the downsides of employing a launch-based product marketing model in coaching businesses. This model involves intense launch periods where creators try to generate a surge of sales in a short timeframe. The speaker expresses skepticism towards the effectiveness of this model, highlighting its potential negative impacts on both sellers and buyers. By emphasizing the negative consequences of frequent and aggressive launches, the episode questions the sustainability and overall value of this marketing approach.
Effects of Reciprocity in Audience Building
The podcast discusses the concept of reciprocity in audience building and its influence on launch strategies. Reciprocity, a powerful force in human psychology, drives individuals to reciprocate actions received from others. The episode proposes that long-term efforts in building relationships and nurturing audience engagement can create pent-up demand and a sense of indebtedness within the community. By leveraging reciprocity and focusing on organic growth, creators can potentially reduce reliance on aggressive launch tactics.
Challenges of Scaling Through Launches
The episode delves into the challenges coaches face when transitioning to scalable business models reliant on frequent launches. It highlights the alluring yet demanding nature of scaling through launch-based approaches, where creators aim to detach results from time-intensive one-on-one interactions. The emotional and financial toll of continuous launches, coupled with the diminishing returns and audience fatigue, are emphasized as significant hurdles in sustaining business growth.
Shifting Focus to Gratitude in Sales Strategies
The podcast advocates for a shift towards gratitude-based sales strategies over fear-driven tactics in launching products and services. By emphasizing building emotional connections with audiences and fostering gratitude rather than fear of missing out (FOMO), creators can cultivate long-term relationships and sustainable business growth. The episode suggests that adopting a gentler and less frequent launch approach based on gratitude can lead to more authentic audience engagement and positive outcomes in the long run.
In 2017 I published a podcast episode railing against launch-based selling. In seven years, my opinion hasn't changed much...but a wise client has helped me open my mind (a little). In this episode I talk about the practical and psychological factors that make launch-based selling so brutal, and I also share some ideas (based on that wise client's input) on how it could actually be a pro-relationship, sustainable approach. Who knew.
Announcement: On May 1 I'm holding my first "Office Hours with Mark". Office Hours creates space and time for my fellow coaches to connect with me and get support. Go to https://mrkbtlr.com/office-hours to opt in for details.
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