This post is chapter 3 of The Ultimate Productized Services Resource
I’ve had some success with these productized service based businesses but never quite found product / market fit.
Most recently I’ve been focusing on software platforms, such as clickfunnels with my main business funnelengine.com, and things started turning for the better. I’ve been promoting their software as an affiliate and doing ok and been able to build funnels for over 20 customers, software with a service style (SwaS) style, and take on my first $20k+ custom sales funnel client.
So far so good.
However building sales funnels is a complex process requiring a lot of different expert skill sets from funnel strategy, web design and development and copywriting along with great customer service and support.
The complexity and customization of building sales funnels means you need to employ experts to fulfil the service which significantly affects margins.
For sure you can use lower skilled and cheaper workers to support higher value activities (as my buddy Mat Newton from the Web Agency podcast calls Leverage Hacking in his great Medium post) but then you’re effectively building a work house pyramid that will grow at an exponentially rate, with A players propped up by B players propped up by C players.
I’d rather just employ all people in a flat structure through focusing on what’s complicated but not complex (props to a dude in the Dynamite Circle for helping me understand this concept).
I want to offer a productized service that is low in cost (easier to sell) and super high in value but is a step by step repeatable and SOPableprocess to achieve mass scale.
Software as a service
I’ve just partnered with Sumome, a suite of free apps created by Noah Kagan to get more email subscribers and a whole lot more, to enable online business owners and funnel builders to quickly optimize their site for conversions.
I’ve been a big fan of Sumome for years and have been using their free apps on this blog since the beginning – for me it’s the first plugin I install on any new wordpress installation.
I’ve created low priced done for you software as services packages where we install and setup sumome apps on customer’s sites and these packages are applicable to many different niches, particularly ecommerce where we helped Andrew Youderian from the Ecommerce Fuel Podcast generate 4 figures a month in sales and $5 in revenue for every subscriber on his shopify store.
You can use their apps like List Builder (their exit pop) to either simply collect emails and follow up through an autoresponder or take a subscriber directly to a sales page through a redirect. Their Welcome Mat app I use on this site effectively replaces the need for a dedicated squeeze page making every page it’s on a high converting page.
And for those savvy enough to know why installing sumome is a good idea and can setup themselves (that would be all my audience!) we have a partner page and anyone who signs up through that receives our proven 5 part autoresponder template for free if they email [email protected] installed.
I think these new done for you conversion packages have the best chance of scaling to a $20k/m business and beyond (shout out to Justin & Greg’s podcast!) in a way where fulfilment is also scalable.
And another reason to love Sumome is their cool new ecommerce buy button app that connects to stripe below – if you liked this post you can always buy me Starbucks 😉