2540 words | 13 minute read
Imagine this: your smartphone is generating you an income through phone sales, whether your’re looking for a side hustle or a full time gig. The average American spends 3.5 hours a day on their smartphone, checking messages, online shopping, reading and making posts. Why not add “generate side income” to the list of what your phone can do for you?
Table of Contents
- How To Mine The Big Money
- Why Choose Phone Sales Over Other Choices?
- Why Businesses Need Closers On The Phone
- Making $1000 A Day As A Closer With Your Smartphone
- Who Can Be Successful At High Ticket Phone Sales?
- Generating Income With Your Smartphone
Online marketing and e-commerce are now the norm. According to a study, 44 million Americans have a side hustle, earning them $12,609 per year, or $25 per hour. These side hustles include starting an online business, selling on eBay, Amazon or Shopify. Others are making money on their phones by filling out surveys, playing video games, or getting cash back on a purchase. But you don’t make much money with those last few options. At least, not enough to replace your job if that’s your goal. If you’re looking for a stable way to make some extra money, or even replace your job, there’s another way to make that extra income.
How To Mine The Big Money
Phone sales, or closing deals over the phone, is the new way to “mine the big money,” to use an analogy. People have been looking for ways to make more money long before “side hustle” became an everyday term.
Entrepreneurs back in 1849 tried to strike it rich during the gold rush. It’s a different era, but the concept is the same.
There were two types of entrepreneurs at the time. The first type is the miners that wanted to strike it rich by mining the gold. They would buy tools and equipment, find the perfect site and time, hire the people, and hopefully hit the jackpot.
A lot of them failed. The miners are like our modern day e-commerce entrepreneurs who set up their businesses and spend money on marketing and products. A lot of them struggle to make money and never reach their dreams of becoming wealthy. The second type of entrepreneur was the shovel sellers who made five, six figure incomes… even multi-millionaire incomes… by selling tools to the miners. Now, which type of entrepreneur would you want to be?
You would want to be one of the tool sellers — our modern day closers who make money with their smartphones. The business is already set up for them; they just come in and close the deal. So what can you do to avoid being a miner and make money as a tool seller?
Watch how you can make an income with your smartphone.
Why Choose Phone Sales Over Other Choices?
If you’re looking to work from home, or you’re trying to find a remote or freelance job, phone sales is a solid income alternative. Here’s why. Similar to making money during the gold rush, you could be the miner or the shovel seller.
Trading and Crypto Requires Perfect Timing
You could make money online by day trading or cryptocurrency. But what you’re doing is speculating. You want to buy low and sell high. If you time it perfectly, you might make a thousand bucks in one day.
That kind of income would be great, but can you continue to make a thousand bucks a day everyday, for a whole month by speculating? How about a whole year? What if you don’t make any money trading? Or what if you have a bad trade and you lose half your capital? How easily can you sustain this type of income?
E-commerce Requires a Lot of Sales
It’s not for everyone because it’s so speculative. Another option is starting an e-commerce business or online business because it’s less speculative. You can source the products, get them shipped, and sell them through Amazon or Shopify. You drive traffic to it, and if it works, you make enough of a margin to make a thousand bucks a day in revenue.
But that amount is revenue. How many online sales would you need to make a day to have a thousand in cash in your pocket? Say you have a competitor on Amazon that sells a similar product at a lower price. What would you do then? Would you lower your price?
According to an online marketplace seller survey, 39.6% of sellers make $100K to 1 million per year on Amazon, and 26.5% make that income bracket on eBay. Those numbers sound pretty decent until you consider the next statistic: “55% have a profit margin above 20%” and “6% of them are lucky enough to have margins over 50%”. Will the lucky 6% include your business? Fierce competition and lower overheads are driving profit margins into the ground when it comes to marketplace selling.
How many sales would you need to make a day at the lower price to make a thousand? It will take you longer to make the same income.
An Influencer Requires An Offer, A Team, And Branding
Another option is you could be an influencer like me, selling your own products and services and building your own brand online. You’re an expert in your industry, and you have fans and followers. To establish and maintain your credibility, you’ll need to be active on social media. You’ll need to have a blog, guest post on a blog, create some videos, or publish a book or two. Then you’ll need to engage your followers by interacting with social media posts. And on top of all that, you’ll need to network, either online, or in person. It will also build your brand if you do some public speaking.
Most importantly, on top of creating all that content, you’ll need to manage a team, and drive traffic to make money.
How much effort would that take? Would you have the resources to put in the effort that it requires to achieve the results you want?
This is the Eight-Figure award, awarded by ClickFunnels. You get one of these if you have a single funnel in a single niche that generates more than 10 million dollars. It did not come easy, and I did not reach that level of success overnight. Can you get one of these as an influencer? You absolutely could, with a lot of hard work.
But, what if there’s a way for you to make $1000 a day by being a shovel seller, without having to manage a team and drive traffic?
Why Businesses Need Closers On The Phone
Phone sales are taking on an increasingly important role in closing sales for businesses. This is where you, as a shovel seller, can mine the big money. Average entrepreneurs and influencers are busy running their businesses. They are creating content, building funnels, and going to interviews. It’s part of the business model in a competitive market.
It costs more to attract customers than ever before. Businesses are spending money on social media ads to be in front of people and attract more customers. The good old days of making money with low price programs and services are over. There’s no money to be made with those offers.
All the money is made after the initial sale. The low ticket initial offer is designed to build trust and a relationship with new customers. All the money is made after that with the high ticket offers, starting from $3000, going up to $25,000.
Here is the challenge with the high-ticket offers. It’s almost impossible to close those sales through a video, a website or web page. They need to be closed over the phone.
The prospect needs to be on the phone to walk them through the process and to educate them. If you’re investing in a program between 3 to 10 thousand dollars, wouldn’t you want to talk to somebody?
That’s where the shovel seller making a thousand bucks a day comes in.
Making $1000 A Day As A Closer With Your Smartphone
This is where you, as a high ticket closer, come into the picture, by closing these deals for businesses with these phone sales. Imagine an influencer with a $10,000 offer who is busy running their business. An influencer is a business owner, a coach with a business, or a celebrity. They’re managing their team, driving traffic, but not making any money on their high-ticket offers.
They need a high-ticket closer to get on the phone and close the prospect on a high-ticket offer of $3000 to $10,000. The prospect is not likely to pay that kind of money after watching a webinar.
The influencer is very happy to pay the closer 10 to 15 percent on every sale the closer makes. A $10,000 offer at 10 percent commission is $1000 in one single phone call – or one inbound sales call.
The closer is the shovel seller selling tools to the influencers to help them mine more gold.
It means you can make $1000 a day without spending money on inventory, ads, funnels, or website software.
I now have students from over 150 countries using this shovel seller method, the High-Ticket Closer Methodology™, to make a great income working part time from home. Edmund, one of my students, made $10,000 in profit. Tina closed $63,000 in one month by working part time. Sukhdev made $1095 in one single phone call.
These results are not typical. I’m not saying you’ll make that kind of money by following my teachings, because most people take in my information and don’t do anything with it. I’m just sharing with you what works for me and my students worldwide.
Just imagine if you could make $1000 a day as 10 percent commission for a $10,000 offer. How would that income change your life? What if you had a higher closing ratio, and you could close two offers at 10 percent a day? And what if you could close a $25,000 offer at 10 percent commission?
Who Can Be Successful At High Ticket Phone Sales?
Imagine making $1000 a day from phone sales, working from home, without cold calling or doing any outbound sales. It’s the perfect set up for someone looking for a high-end career in the gig economy or freelancer economy.
Graduates of my program include entrepreneurs, employees looking for a side hustle, and stay at home parents, stay at home moms who want to re-enter the workforce. You don’t need previous sales experience to be successful as a closer.
If you want to be successful at high ticket closing, you need to use the same sales strategies as for consultative selling. After watching a webinar, a prospect isn’t likely to pay $3000 for a program. But if they can book a call with a closer, then they will have an opportunity to ask any questions or voice any objections they have about the offer. The closer works from home, and answers pre-booked calls from the influencer or business using CRM software.
Good Listeners Who Want To Help People
According to Hubspot, 69% of buyers want sales pros to “Listen to my needs” and 61% say, “Don’t be pushy” and “give me relevant information.” Buyers want salespeople who are good listeners, who care about what they want, and aren't aggressive about making a sale. Click To Tweet
I train my closers to ask questions to find the prospect’s pain points and to find out if the prospect is a good fit for the offer. Their phone call will sound like a regular conversation, with questions sprinkled throughout the call and the closer doing most of the listening. If the offer isn’t the solution that the prospect needs, then the closer denies the prospect the sale.
Women closers are very successful at high ticket sales because women have a 11% advantage when it comes to closing deals. One reason is their supportive personality – they excel at building rapport with prospects. I have several successful female closers on my team.
People Who Can Close B2C, B2B, Or Enterprise Sales
People have asked, “Is there a difference between high ticket selling for B2C and B2B?” Others with little to no sales experience have asked, “When will I be ready for closing for enterprise sales?”
The answer is, it depends on how quickly you hone your high ticket closing skills. The main difference between B2C and B2B is the second type often requires more than one phone call to close the deal. It takes more time to build the relationship to close a deal worth millions or billions.
You will also be more successful at closing B2B or enterprise deals if you are familiar with business terminology and acumen. If you are familiar with business practices for niche industries, such as technology and software, you can also close high ticket deals for companies.
Generating Income With Your Smartphone
Phone sales is one high income way to generate an income in the freelance economy. You can choose your own work schedule and work from home. The business you’re closing for provides all the marketing, the sales offer, and all your leads. You don’t need to cold call or find your own prospects. Most importantly, you’ll be your own boss.
In a survey of salespeople, “41.2% of respondents said the phone is the most effective sales tool.” In high ticket closing, your phone will give you a wide reach. You can close deals in the same city, in a different part of your country, or in another part of the world. It depends on what time you want to be available for calls. For example, you could be closing services for a company that has prospects in countries around the world.
A few times a year, I teach the online High-Ticket Closer™ Certification Program, and students can participate from the comfort of their own home. They learn the skills to become a closer, and have many opportunities to role play and practice their skills during and after the program.
To see if you have what it takes to be a high ticket closer, you can watch the following webinar, or take the free masterclass.
Who knows, this may be the career path you’ve been looking for all this time.
If you want to be a smart entrepreneur, an-out-of-the-box thinker, don’t just look at the trends. Yes, it’s possible to make money with trends like cryptocurrency, bitcoin, and startups. It’s possible to make a lot of money with ecommerce. Jeff Bezos and Jack Ma, for example made a fortune in ecommerce. But there are other ways to make $1000 or more a day without working on the marketing and sales.
Businesses selling high ticket offers online aren’t likely to make a sale with one webinar. To close deals that are $3000 to $10,000 or more, they need a high ticket closer to get on a call with the prospect. With this high income skill, the closer can make $1000 a day in commissions from closing $5000 or $10,000 deals.
People who want a side hustle, a freelance gig, or a new career after re-entering the workforce can close part time or full time for an influencer or business. They can close B2C, B2B, or enterprise deals, depending on their closing experience and who they choose to close for. Graduates of my High-Ticket Closer ™ program like the flexibility and control they have over their work schedule.
To find out what it’s like to be a High-Ticket Closer ™ and learn how to close high ticket deals, register for this webinar now.