High-Ticket Coaching Niches

Business Foundations

February 2, 2024

Author: Lacey Baxter (nee Cribb)

Disclosure: Some of the links on this page may be affiliate links where I make a very small commission if you use them. There is no additional cost to you!

Helping online business owners build, launch and grow profitable online businesses.

Funnel Building, Marketing & TEch Expert, Business Strategist

Lacey here!

RECOMMENDED TECH LIST

1) Kit

2) Showit

3) Squarespace Domains

4) Google Workspace

5) TidyCal

6) Stripe

for email marketing, and building email funnels

for website, landing pages, funnel pages

for buying and managing your domains (DNS settings)

for setting up your business email address

for scheduling appointments with leads and clients, and events

for simple checkout pages, and invoicing (also connects with Kit, TidyCal, and Thrivecart to sell through those tools)

7) Thrivecart

for more robust checkout pages, selling of courses, programs, and offers depending on complexity/deliverability

What are High-Ticket Coaching Niches?

High ticket coaching niches are coaching niches that specialize in providing high-end coaching services to clients who are willing to invest a significant amount of money in their personal or professional development.

These niches typically focus on helping clients achieve specific outcomes, experiences, or transformations, and are geared towards individuals or businesses who are looking for customized and results-driven coaching services.

High ticket coaching niches can include a wide range of specializations.

The key characteristic of these niches is that they offer high-value coaching services that are priced at a premium level.

In high ticket coaching niches, coaches typically:

  • work with clients on a one-on-one basis or in small group settings
  • provide personalized coaching services that are tailored to each client’s specific needs, goals, and challenges
  • offer a high-value transformation, experience, or services.

These niches typically require a high level of expertise, experience, and specialized skills, as well as a deep understanding of the unique needs and desires of high-end clients.

The Profitability Power of High-Ticket Coaching Niches

While selling a low-ticket offer to a large group of buyers might seem attractive, it is harder than you may think. A lot of times these strategies require the building of large audiences and access to a large ad budget to do so.

On the flip side, targeting a high-ticket niche allows you to thrive even with a small, select audience. These niches often comprise individuals who are willing to invest significantly in their personal or professional growth. With fewer clients needed to reach your income goals, you can provide them with unparalleled value and personalized attention.

In addition, you won’t need to cast a wide net with expensive advertising campaigns to attract clients. Instead, you can utilize more cost-effective, targeted marketing strategies that resonate specifically with your ideal clients, making efficient use of your resources.

Book a call with me and ask me about creating the perfect launch strategy and launch funnel to bring you and your high-ticket offer to your audience!

Is a high-ticket coaching niche right for you?

Understanding your own expertise, passions, and strengths is crucial for formulating a high-ticket business idea that’s not only profitable but also enjoyable to work in.

To determine if a high-ticket coaching niche or business is right for you, begin by reflecting on the following questions:

  1. Skills & Strengths: What are you good at?
  2. Experience: In what areas do you have substantial knowledge or expertise?
  3. Passion Points: What topics ignite your enthusiasm and curiosity? What do you love to talk and learn about?
  4. Personal Achievements: What results or milestones have you accomplished personally?
  5. Helping Others Achievements: What goals or results have you helped others achieve?

There are several high-ticket coaching niches that have proven more profitable than others. These typically include: HEALTH, WEALTH, RELATIONSHIPS. Does your skills, experiences and passions fall within one of these profitable niches?

Why Leverage Your Success in Choosing Your Idea

Choosing a High-Ticket Coaching Niche or Business Idea focused on something you have already done or achieved success with for others on is important for several reasons:

  1. Credibility: It can help establish your credibility. You can use your own success story as a case study to showcase your expertise and demonstrate to potential clients that you already have a track record of delivering results.
  2. Authenticity: It can also help you come across as more authentic and relatable to clients. Clients will appreciate that you’ve been through similar challenges and can offer insights from personal experience.
  3. Confidence: It can also give you greater confidence in your coaching abilities. You’ll have a deeper understanding of the challenges your clients may face and the strategies that can help them overcome those challenges.
  4. Marketing: It can make it easier to market your services. You can leverage your own success story and use it as a selling point to potential clients. This can help differentiate you from other coaches and make it easier to attract and convert potential clients.
  5. Better Results: It can also lead to better results for your clients. You’ll have a deeper understanding of the strategies that work and can tailor your offers to meet the specific needs of your clients.

By all means, you can start with something new to you. In some cases, we have transferrable skills, meaning skills that apply across various domains and scenarios.

Additional Factors to Consider

Expertise and Experience: High ticket coaching typically requires a high level of expertise and experience in your chosen coaching niche.

Specialized Skills: High ticket coaching often requires specialized skills and knowledge, such as advanced coaching techniques, business acumen, marketing skills, or specialized certifications. Having a unique set of skills that set you apart from other coaches in your niche may help you command higher fees for your services.

Premium Value Proposition: To succeed in high ticket coaching, you need to offer a premium value proposition that resonates with high-end clients. This may include a proven coaching process, a proprietary coaching methodology, or a unique approach to coaching that sets you apart from other coaches in your niche.

The Money Mindset Barrier

While diving into a high-ticket coaching niche has its advantages, it’s crucial to acknowledge that money mindset can be a significant hurdle. Some coaches may feel uncomfortable charging premium rates for their services, fearing they won’t be able to deliver on the expectations associated with high-ticket coaching.

Overcoming the Money Mindset Challenge

To succeed in a high-ticket niche, it’s essential to work through any money mindset issues that may be holding you back.

SHOW COMMENTS

Leave a Reply

Your email address will not be published. Required fields are marked *

Featured

Episodes

Latest

On the show