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The Value Ladder or Product Funnel sets out your products and services ranging from free content or very low price (often referred to as ‘trip-wire’) right up to premium and very expensive offerings.
Depending on which model you look at, it looks something like this:
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You start with Free content to build a relationship and move upwards from there.
But while this all seems to make sense, these models are flawed. I’m not saying they don’t work – I’m saying that there is more to it than meets the eye! And to say the free and low cost end of the model is totally passive income is a myth! These often take as much looking after, if not more!
I’ve recorded a video explaining exactly why I believe it’s flawed and how you CAN make it work.