Live Launching VS Evergeen: Which is best to sell your offer?
In this episode we dive into the debate of Live Launching vs Evergreen and I'll share my thoughts on:
- The difference between live launch + evergreen
- The main reason I think people want to go evergreen
- Mistakes people make when live launching + selling on evergreen
- Things to consider before taking your offer evergreen
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Transcript
Hello.
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:Welcome back to the
spacious scanning podcast.
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:I am recording the first episode,
since I released the podcast last week.
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:So it feels really exciting to be
recording . Knowing that the podcast
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:is out there and I'm going to be
releasing this episode tomorrow and.
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:Yeah, I dunno.
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:It feels really cool.
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:And I'm really excited that I've got
this out of this, or if you listened
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:to the first episodes, if you sent me
a message of support, when I released
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:the podcast, thank you so much.
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:It does mean so much to me and.
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:Yeah, I'm really excited that I have
this platform now to be speaking on
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:and sharing, and it feels like a really
good way for me to be creating content.
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:And I am also recording this some video
content to repurpose onto social media.
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:It was like a bit of a.
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:Mess around trying to get my light phone
camera to work and my external microphone.
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:And I really wanted it to be
like recorded as one file.
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:But.
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:I'm using descript.
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:I couldn't get it to work anyway.
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:So I've worked something out for
now and we'll see how it goes.
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:But as I said, I'm really excited about
the topic for today's episode, because
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:I think it is something that is a.
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:Common conversation when it comes
to selling selling courses and
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:group offers in the online space.
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:And that is the live launch
verse evergreen debate.
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:Which is better than the other,
which options should you choose?
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:Am I going to touch on it all today?
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:So for a little bit of a summary on
what we're going to touch on in this
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:episode, There were four main things.
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:So I'll obviously touch on the difference
between the two approaches between live
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:launching and selling on evergreen.
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:I'm also going to speak into the main
reason why I think people want to
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:go evergreen and then the mistakes.
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:That people make when doing both
approaches, like either live launching or
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:evergreen, and then some things for you
to consider before you take your offer
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:evergreen, or if you are considering
using that model in your business.
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:So let's dive into the first one
and I'm going to define both.
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:Approaches, if you don't know.
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:And just so you understand my context
of how I believe these two to work.
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:Okay.
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:So a live launching is where
you have a set timeline that
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:you are selling your offer in.
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:So you will have a date
that you open cart.
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:People can start purchasing.
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:And there'll be a day that you close cart.
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:So no one can come in
and purchase that offer.
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:After that certain date.
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:And then you may look to be building
a wait list instead so that you
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:are building a list of leads
for the next time you live once.
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:When you live launch, I guess there
are two ways that you can then
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:run the delivery of your offer.
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:So also when I'm talking about
anything in this episode, I am.
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:Doing it under the context of looking
at a program that is run with some live
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:components in it, as opposed to like.
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:No.
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:Like a passive just get access to a few
models, but a lot will overlap anyway.
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:So if you live launch,
you could then either.
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:What I think is like the
most common approach is.
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:Deliver your offer in a cohort based.
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:Approach.
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:So everyone who comes in and
purchases in that live launch.
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:Is then in the same cohort running
through your course on the same timeline.
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:So there might be a community
you're teaching components live,
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:or they're getting access to
content on the same timeline.
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:You can also do it where maybe if
you have a more longer term program
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:where you have set live launches,
but everyone is in the same group.
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:And so there could be people in that
group that came in six months ago and
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:people that came in the offer today.
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:It really depends on how
your offer is set up.
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:And if it's set up to work.
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:In that format or if everyone needs to be
on the same timeline for it to make sense.
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:So that is live launching.
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:And then evergreen is simply, the
opposite where you don't have a
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:set open and closed cart date,
or I guess a set closed cart day.
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:So people can come in and purchase
your offer at any time so they
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:could purchase today or tomorrow.
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:There's not really going
to be a big difference.
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:And then when you look at the
delivery of your offer, It is more
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:likely that everyone is running on
different timelines because anyone
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:can come in at any point of time.
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:It's not really going to make sense
if they then have to wait for a group.
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:Like cohort to start at a later date.
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:So they're probably going to be coming in.
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:And if you run any live elements to
your course, then yeah, everyone's
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:going to be on a different timeline.
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:So a few pros and cons of each
approach, so some pros for live
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:launching is you have the natural
urgency of a timeline built in.
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:Obviously people know that you are
going to close off sales and they
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:can't join after a certain day.
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:So that does build a sense of urgency and.
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:I think there is also a bit
of a conversation around
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:is this ethical or not?
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:Is it supportive of people's
decision-making processes?
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:And I think.
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:Having the urgency of a timeline can
be done in a way where it is ethical.
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:And it does support people who maybe
have a longer decision-making process or.
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:If you are someone who leans on the
knowledge of human design in your
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:business, if you think about people
like reflectors who have a longer
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:process meant to wait like a full
lunar cycle to make big decisions.
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:Then there are certainly ways
that you can consider that
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:in your live launch approach.
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:Secondly, I think live launching
is really supportive of a
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:cyclical approach to business.
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:So if you are someone who likes to have
seasons where you can really step back
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:and slow it down and not have to be.
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:In the delivery of your offer or have
to be Yeah, putting a lot of output into
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:your business, then having a live launch
model can be really supportive of that.
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:Of course you don't want to like
completely slow your business down when
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:you're not launching, because that will
impact the success of your launches.
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:But I think.
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:Yeah, this approach is
really supportive of that.
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:Secondly, it is really supportive
of having cohort based offers
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:if you run at your courses in a
way where everyone's on the same
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:timeline, they start at the same point.
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:You teach them through the concepts, et
cetera, and then you like, they close off.
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:Obviously having a live launch
model that supports that.
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:Live launching has really.
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:It's also really a great way to have
large cash injections in your business.
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:So if you are needing to, for some reason,
generate like a decent amount of cash
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:in your business, then having a live
launch can be really supportive of that.
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:And live launching allows you to
have a concentrated time where you
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:can collect a solid amount of data
and then be able to shift your
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:plan for the next launch based on.
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:The data that you collected.
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:So as opposed to evergreen,
which we'll get to because you
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:don't have that Timeline urgency.
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:You're probably going to see your
results spread out over time, where
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:you can't really collect as much data
in one here as you can with a launch.
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:And then for a few cons on
live launching it can require
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:a decent amount of prep time.
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:However, what I have found is that.
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:If you create a system in your
business for live launching.
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:The system itself is
like rinse and repeat.
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:So even though you are launching a
different product, if you are launching.
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:Like the same thing, multiple
times, it gets easier and less
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:time intensive every time.
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:As long as you have a system that you
are following and you have the things
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:set up in your business to make sure
that you're not completely starting
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:from scratch every single time.
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:And then obviously..
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:There is more energy output required in
terms of creating content and like warming
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:your audience up to the live launch.
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:But.
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:I don't know.
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:I feel like the conversation around
this compared to evergreen is a bit.
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:Funny and we'll get to that when
we get to the evergreen section.
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:But yeah, so there's a bit more prep and
output required in concentrated amounts
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:of times when it comes to live launching.
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:So I guess you can either see
that as a pro in that it supports.
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:Different seasons and having a cyclical
based business or a con in the fact
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:that it means that at some time,
You will be out putting a lot more.
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:Okay.
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:And then when we get to
evergreen, a few pros for having
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:an evergreen model, firstly, is
that people can join at any time.
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:So it supports people who have a
longer decision-making process.
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:It also means that you have the
opportunity to create more consistent
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:sales, rather than having like the
lull of non launch months where
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:you're maybe not bringing in as much
income and you're just relying on.
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:Payment plans being paid and any other
like recurring income that you have in
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:your business, maybe from one-to-one
clients and those sorts of things.
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:Some cons for evergreen is
usually the tech setup is a
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:little bit more fiddly than.
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:Live launching, like it requires a
little bit more work and a little bit
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:more like finessing in the automations.
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:Some other cons, it can take longer
to see results of your changes,
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:unless you are getting a large amount
of traffic through your funnel.
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:So this is because when you have a live
launch and you have a set timeline, you
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:are more likely to see a large amount of.
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:Like people come through in that.
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:Amount of time compared to when
you're doing evergreen, because when
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:you're selling on evergreen people
don't have that like FOMO sense and
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:that like urgency from the timeline.
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:And they know that they
could do this next week.
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:They CA they know it could,
they could do it next month.
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:There's nothing stopping them from.
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:Doing this later, whereas with a
live launch, There is something
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:stopping them because you are going
to close the cart at some times.
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:So it just means that you're not as likely
to be getting as many numbers through,
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:which means it's going to take a little
bit longer for you to see any results.
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:From changing things within your funnel.
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:So if something's not working
and you make a change.
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:You're not gonna be able to see
the impact of that straightaway.
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:And then if you're running a
program that is live and it has
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:some like live components in it,
it means that you essentially need
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:to be running that all the time.
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:If you were selling it on evergreen,
because people are not wanting, not
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:going to want to join your program.
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:If they then have to wait.
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:A month or two to actually get started.
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:They're probably just going
to wait a month or two.
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:To join and get started.
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:And that might work for you, like having
a live program that is run all the time
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:might not be something that bothers you.
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:It might not be something that
concerned you, but yeah, just
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:something to think about there.
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:Okay.
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:So that is a bit of an overview on
the two approaches and some yeah.
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:Pros and cons to look out on each side.
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:And now I want to go into the main reason
why I think people want to go evergreen,
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:because I do see this come up a lot.
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:And then I'm going to dive into the
mistakes that I see people make.
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:For both options for live
launching and evergreen.
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:.
Okay.
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:So the main reason that I feel people.
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:One to go, evergreen is that they have
tried to live launch before and they
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:haven't seen the results they wanted and
they feel burnt out by live launching.
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:And so there's almost
like this mindset that.
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:One way or the other is going to work.
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:And therefore if I've live launched before
and it made me feel really stressed.
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:It was too much of an energy output.
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:I got burnt out at the end and I
didn't even get the results that
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:I wanted then therefore, evergreen
must be the solution to that.
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:And I think there is like a massive
problem with thinking this way.
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:And.
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:I think like the problem is not
that live launching made you
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:stressed out, it burned you out.
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:The problem is.
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:The way you approach live
launching is what burns you
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:out is what stressed you out.
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:And so it's not like the way of launching
that is the problem, but it's the way
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:that you are launching is the problem.
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:So I'm going to dive into a
few of the mistakes that I
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:see people make when they are.
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:Live launching and also
selling on evergreen.
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:Okay.
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:Full live, launching.
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:Also, when you say a word.
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:Too much.
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:And then it like starts to lose.
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:It's meaning to you and you like
question, am I pronouncing it right?
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:Am I saying the right word?
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:That is currently how I feel about
live launching and evergreen?
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:Cause I feel like I've said it a thousand
times already in this episode, but.
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:Anyway.
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:Mistakes people make
when they live launch.
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:This is a really big one.
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:And that is that their
launch is too short.
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:And we can look at this at every
step of the launching process.
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:I think it comes up as a problem.
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:So whether it be the time they give
themselves to prepare for their
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:launch, it's not enough whether it's
the time that they give themselves
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:to warm up their audience and.
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:Get them to a point where people would
actually be ready to buy their offer.
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:It's not enough.
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:Or they opened the car.
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:It's not long enough.
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:And it could be that maybe just one
of these like phases of launching
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:is too short or what I see a lot is
that every single phase is too short.
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:Like people have an idea, they
think it's really fucking good and
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:they want to launch it tomorrow.
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:They opened up sales for a few days
cause they can't wait and they want
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:to start the program next week.
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:And then they just.
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:End up resenting that launching
process and they don't get
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:the results that they want.
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:So I think that is a really big one.
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:Having a solid launch process that
you follow every time you launch an
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:offer is so important to see success
and to see the results that you want.
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:And.
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:If we are.
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:Firstly, not even following a process,
but then not giving ourselves a time
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:needed at every step of the way.
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:It is like a sure-fire way to resent,
launching and not get the results
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:that you want in your business.
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:And the second mistake is
that they expecting really big
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:results on the first launch.
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:And I'm pretty sure I spoke about this in
one of the initial podcast episodes that
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:I put out is that we can compare ourselves
to how other people are experiencing
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:their business success online.
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:And.
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:Yeah, the impact of that,
but I think when we.
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:Expect to be able to launch something
for the first time and to be able to get
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:like really incredible, like high return.
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:Results on out like time and energy
that we put into that launch.
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:I think that is a huge mistake.
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:And I am a strong believer that the
more you launch something, the more
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:you can refine your process, your
sales process, your messaging, all
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:of the things that are required to
actually get results from a launch.
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:And whilst yes.
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:You can most definitely get big results
from the first time you launch, you can
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:most definitely hit your launch goals.
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:The first time you launch.
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:I think if we don't and we are
expecting that, and then we don't
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:take the action, the next steps
from there to refine that process.
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:Then that is a problem.
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:And this is why I am a really big fan
of having a signature offer in your
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:business that you can repeatedly launch.
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:And you are repeatedly selling.
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:Because this gives you the opportunity.
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:To refine those processes over and
over, and to make sure that, when
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:things in the industry change, we can
give ourselves time to change that
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:in our sales and marketing process.
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:Those are two key mistakes
when live launching.
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:And then I have three mistakes
for I think three or four mistakes
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:for when selling on evergreen.
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:The first is that we are going
straight from live launching
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:to evergreen without testing.
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:Our marketing, our sales, our
delivery, all of those things.
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:And.
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:Yeah, my opinion is if you want to sell
something on evergreen, you should live
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:launch it like two to three times first,
rather than going straight to evergreen.
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:And I think this is really important
because one of the things that
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:I said about live launching is
that it is a condensed amount of
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:time, which means that you can.
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:Get a better gauge on what's
working and what's not working.
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:You can see a lot more data
to understand what you might
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:need to tweak in the next time.
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:Whereas if you go straight to evergreen,
It's like you have a slow trickle of
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:people coming through that funnel.
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:You're not going to understand
what's working, what's not working.
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:You're not going to have a clear
understanding of conversion rates and
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:those sorts of things that you need
to know in order to optimize a funnel.
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:And so it's going to take a lot longer for
you to collect all the data that you need.
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:To then be able to make the adjustments
that you need to make to actually get
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:success from your evergreen funnel.
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:Okay.
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:The second one is not understanding
the numbers required to
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:hit their evergreen goals.
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:And this is related to the first
thing that I said, and the fact
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:that, because you don't have that
urgency of time, you are going to
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:have a slow, a number of people.
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:Trickle through your funnel.
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:As opposed to, if you're alive launching,
that's like generally how things work.
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:And so you might not completely understand
exactly how many people you need to
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:get into your funnel and new people
that you need to get onto your list.
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:And those sorts of things.
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:To actually be converting at the
numbers that you need to convert at.
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:And if you don't know.
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:What number is that you need to be
hitting to hit your goals on evergreen
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:or when you're live launching, then.
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:Send me a DM on Instagram right now.
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:I have a free resource for you that is
going to show you all of those numbers.
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:So you can message me right now while
you're still listening to this episode.
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:And then the third mistake for evergreen
is that people think that it's set
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:and forget, and they completely
underestimate the work required for that
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:funnel to continuously be working and
bringing in results to their business.
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:Yeah.
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:I say you can't just create this offer,
create the funnel, put it in your
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:Instagram bio, put it on your website
and then forget about it and expect
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:for it to be getting you results.
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:Like you need to make sure
that you are driving people to.
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:You're top of funnel, getting them onto
your list, getting them to the place where
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:your automations are going to take over
and take them through your sales process.
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:You need to obviously make
sure that you've got content.
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:That's always driving people
to that top of funnel.
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:And also you need to be reviewing the
data like regularly and making tweaks
348
:based on that so that you can continue
to see results from your funnel.
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:So those are the main mistakes that
I see people make when they are.
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:Either selling their offer
live during live launches or if
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:they are selling on evergreen.
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:And so I wanted to wrap up this episode
and give you a few things to consider.
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:If you are wanting to set up your
offer on an evergreen funnel.
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:So the first thing is to definitely
live launch your offer two to
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:three times before you take it.
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:Evergreen.
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:And I would also say here, like
two to three times where you feel
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:like you are getting good results,
you feel like you're hitting.
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:And your launch goals or.
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:Yeah, you're getting a really solid,
like conversion rate on things.
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:And like I said, if you have questions
on what those rates should be or what you
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:should be aiming for, shoot me a message.
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:I would love to share
this resource with you.
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:But yeah, I would make sure that
you have launched it a few times.
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:You've really refined your
messaging and you have.
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:Nao do a, like a delivery process and
like everything involved with getting
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:someone to purchase and what happens
after they purchase and making sure
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:that you have this system set up to
track all of that data as well, because
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:it could be that you have launched
the offer a few times already, but
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:you didn't have like things set up to
track how well things are converting.
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:You don't have access to that data.
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:And if that is where you're at
right now, then I would recommend
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:launching it a few more times.
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:Just so that you have a bit of
a baseline on how things are
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:converting when you live launch.
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:That is going to be so helpful when you
are setting up your evergreen funnels.
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:The next thing to consider, if you
are wanting to sell on evergreen is I
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:would still build in periods of a live
launch where you were hyping your offer.
379
:Maybe you have a promo and it could
be that you live launch on the
380
:front end, like a couple of times.
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:And then between your live launches.
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:You have funnel set up and you are
only driving people to like that
383
:middle of funnel section that is opting
them into a relevant lead magnet.
384
:That's then going to put
them in a sale sequence.
385
:I actually have a few clients
that operate this way.
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:For both a membership and a group offer.
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:Technically anyone can join.
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:At any point in time, it
is set up on evergreen.
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:But she publicly live launches
three to four times a year.
390
:So she'll run like a conversion event.
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:Have a set open and closed cart date
off the back of that conversion event.
392
:But then between those launches,
there is a evergreen funnel set
393
:up where people can opt into a.
394
:Like short video training series and then
off the back of that, they are given a.
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:Limited time option to
join the membership.
396
:So it is still running in the background.
397
:Anyone can join at any time.
398
:But then we are still using
those live launch periods
399
:to create a little bit more.
400
:Revenue and get a few more people in
the doors and still those live launches.
401
:I.
402
:What is creating the most sales
for her and the most revenue
403
:when it comes to that offer.
404
:But obviously having it available
in evergreen means that we are
405
:not completely losing sales in
the middle of those live launches.
406
:And then my last tip would be
to your really invest your time
407
:and resources and energy in.
408
:The set up of your evergreen funnel.
409
:So like I said, you want to make sure
that you have the right system set up to
410
:your track, like conversions and data.
411
:And you'd want to be setting up systems
to track like a lead so that you can do
412
:some personalized outreach that you can
look them up, making sure the right type
413
:of people are coming through the funnel,
your ideal client, like you're nailing
414
:the marketing and messaging, et cetera.
415
:And also in the systems that are
delivering your offer and your
416
:sales sequence and those sorts
of things, because if you have
417
:yeah.
418
:If you have stuck together a few random
systems and made it work, but it's not
419
:ideal that can have a really shitty
impact on how your funnel performs.
420
:And I think it's really important if
you're setting up an evergreen funnel,
421
:particularly for something that you want
to be a core, like revenue maker in your
422
:business way, then we need to make sure
that we have like the systems and the
423
:automation and the processes set up in
the back end to support that process.
424
:And.
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:Yeah.
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:Yeah, that is just really important.
427
:And my final thing here is that my
final tip, if you're wanting to go
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:evergreen is to have the mindset that
it still needs constant, like work and
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:attention from you just in a different
way than what a live launch would.
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:So you want to make sure that
you're checking in with the data.
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:You're making sure that your like leads.
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:I've been nurtured through the process
and yeah, it's not going to be set
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:and forget if you have the mindset.
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:That evergreen is set and forget.
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:Then I strongly encourage you to.
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:Rethink that.
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:Yeah.
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:Okay.
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:So that is a summary on live
launching versus evergreen.
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:I hope you found this episode.
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:Helpful.
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:If you are considering.
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:Going evergreen or disappear or someone
who's currently live launching that you
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:got something out of that and, yeah,
I'll see you in next week's episode.