Now, as mentioned, expensive articles in the real world are nothing out of the ordinary. We all know about them, we might have even paid money for them ourselves. The fact that they're tangible, makes the decision relatively easy.
On the online world, on the other hand, it might be a bit different. You might be wondering if such a thing as a high ticket product even exists online.
The difference is that online you have to think in terms of relatives. I don't think anybody will pay $100,000 for something they've just seen online right off the bat, although with new 3D virtual reality technology, who knows what's coming our way online!
However, people are willing to pay from $500 to even $10,000 or more for online products. What kind of products? One of them that people are paying lots of money for is EDUCATION, like I explained in the Education Section. or certain services like Solo Ads. So, if you're selling these type of products, you can certainly make lots of money. Why?
You have to compare these products with the $7 $47 ebook or WP Plugin. Imagine how many $7 ebooks you need to sell to be able to make an acceptable monthly revenue. Let's say, for instance, that you are trying to make $5000 of sales a month on a consistent basis.
You'd have to sell every month about 715 ebooks to make the $5000. What about the $47 WP Plugin? You'd have to sell 107 of them to make $5000. It's possible online, but requires a bit or work and some connections.
What would be the case if you were selling a high ticket product that gives you a commission of $1000? The answer for this one is easy! ONLY 5!
Does it make sense? Now, the question in your mind should be (at least it was in mine the first time I heard of this), how hard is it to sell high ticket products online?
And the answer is: NOT THAT HARD!
Can someone actually make a living selling them online?
Thousands of people are doing precisely that and they are making a killing. why is that? Because people are willing to pay big money for these high ticket products. Specially in the money making and self-development education niches. See, people are used to paying for higher education, for specialized education. So, if a company is selling high quality education and over delivers, people are willing to buy.
