Proven Strategies To Maximize Challenge Funnel Show Rates

Proven Strategies To Maximize Challenge Funnel Show Rates

I hope you enjoy reading this blog post. If you want my team to just do your marketing for you, click here.

Author: Jeremy Haynes | founder of Megalodon Marketing.

Table of Contents

Earnings Disclaimer: You have a .1% probability of hitting million-dollar months according to the US Bureau of Labor Statistics. As stated by law, we can not and do not make any guarantees about your own ability to get results or earn any money with our ideas, information, programs, or strategies. We don’t know you, and besides, your results in life are up to you. We’re here to help by giving you our greatest strategies to move you forward, faster. However, nothing on this page or any of our websites or emails is a promise or guarantee of future earnings. Any financial numbers referenced here, or on any of our sites or emails, are simply estimates or projections or past results, and should not be considered exact, actual, or as a promise of potential earnings – all numbers are illustrative only.

One of the most important things about your virtual event is that people actually show up for it.

And if you’ve read any of the other pieces in this master class series on challenge funnels and 3-day virtual events, we’ve talked at length about what to do to get people to show up, but in more of a fragmented way.

So what I’ve done for you in order to organize the efficiency of your learning so you can maximize your dollars that come out the other side of this funnel is where you put it all together inside of one piece for you on how to maximize your show rate.

Not just for day one, but for day two and day three as well.

That way, you have the highest probabilities to be pitching to the most people possible throughout your virtual event.

Very exciting guide for you.

If you’re new here, all we talk about is cracking million-dollar months. You’re either adding the first million or trying to tack on that next million a month if you’re sitting here reading this.

So welcome in.

But of course, there’s no income claims. There’s no earning potential. We have no idea who you are and whether you have any probability at all to make a dollar with what we’re sitting here talking about.

Let alone the amount of revenue our clients, Inner Circle members, and Master Internet Marketing students make. And nor are we even implying that if you bought those offers that you have any chance to make money.

We’re simply entertaining and educating you right now and passing down some game from the people that we’ve worked with over the years who have done these things at scale.

Pleasure to have you here, my friend.

If your business is already generating $100k+ per month, My Inner Circle is where you break through to the next level. Inside, I’ll help you identify and solve the bottlenecks holding you back so you can scale faster and with more clarity.

Absolute banger. Let’s dive in.

Backend Selling Systems For Higher Show Rates

So you know, if you have been here already that I’m a big fan of what I call backend selling systems.

So there’s a very important thing to consider when you are going through your advertising and your sales process and thinking about it from the mind of a consumer.

Understanding Scanner Mode vs Justification Mode

On the front end, people are in what I like to call scanner mode.

And the front end requires you to understand this. Most people are looking from a perspective of efficiency.

All human beings from an evolutionary psychology perspective have it ingrained into us to conserve our energy. We don’t like to expense energy on anything that’s not deemed worth expensing it on. Research in behavioral psychology confirms that cognitive conservation is a fundamental human trait affecting decision-making.

Simply put, we’re used to having rations. We didn’t have unlimited calories. We didn’t have unlimited fuel available to us.

Now, in this day and age, we do, but again, human mind hasn’t adapted for that. Genetically, DNA, our brains, we don’t want to do more than what we have to do.

So when people are looking at your ad, considering converting on your landing page part of the process, they’re just trying to see if it’s right for them or not.

They’re not necessarily sold even when they buy or opt in to the actual challenge or virtual event itself.

They’re just willing enough to have essentially said, “Yeah, I think that could be for me. That kind of makes sense. Like, I’m willing to give you a shot.”

But that’s why 100% of people don’t show up to the actual virtual event day one itself – because they’re not sold.

And so then you have to get into the logic of what we call backend selling, which good news for you is where a lot of high intent consumption actually occurs.

On the backend side of things, they’re no longer in scanner mode. Now they’re in what we call the justification phase.

So justifications are how we all get to the point where we make decisions.

And look, you’re a rich guy. I’m sure you can think of all kinds of stuff – whether it’s a watch or a car or a house or, you know, hiring this person or that person or buying XYZ.

The first thing that you do is you just try to bring it to awareness that you’re even willing to buy something. And once you have that initial hook in you, what you start to then try to do is justify actually doing it or not.

Four Interest Levels That Drive Purchase Decisions

Now, your goal is to understand this concept. We call it the interest spectrum.

There’s four key levels of interest that you got to understand. There’s curious, there’s general interest, there’s a high level of interest, and then there’s conviction.

Conviction is where deals get done.

Anything above conviction, that is where the consumer has willingness to actually buy from you.

Now, your goal is to try to assess. You’re probable to have people at all three and maybe even all four of these different levels as they buy your challenge or virtual event or as they opt into it.

Now your ideal outcome prior to day one of that challenge starting is to raise their overall level of interest to the highest possible level.

Now how do we do that? With information.

The right information leads to action. The wrong information leads to inaction or the lack of information leads to inaction. Marketing research shows that providing relevant information at key decision points significantly increases conversion rates.

A lot of businesses – and this is really important as an integral belief and perspective you got to have if you’re going to get this to work for you and have the highest show rate possible.

Why Ticket Buyers Are Not Sold Yet

You got to deeply believe that when you look at somebody who opts in or buys to show up, that they’re unsold still, and that they need their interest level raised, that they need that key piece of information to hit them.

If you remain in the mindset that they’re already sold – “Well, dude, they already opted in. Jeremy, what are you talking about? They already bought a ticket. Like, of course, they’re probable to show up.”

It’s like, well, no, my friend. Again, that’s why you don’t have 100% show rates. That’s why you’re sitting here reading this because you know you’re full of it with that kind of gaslighting belief.

Makes no sense as a foundational view to have. And if you don’t remove that view, none of what I’m going to sit here and tell you is going to make sense for you.

Because you’re just going to look at it from that same perspective of, “Oh, people are probably going to show up anyway – they already bought.”

Hammer Them Paid Content Retargeting Strategy

So anyway, back to my point. We have whole pieces on this site dedicated to backend selling systems – each one independently and in addition to that pieces where I talk about them collectively as a system.

Now, let me just be clear on what these are so you guys understand. There’s four of them that we like to use.

And these four specifically – each on their own has had tremendous impact. One of them costs money, three of them don’t cost money.

The one that costs money is called the hammer them strategy.

So the hammer them campaign, just to reiterate it to you, the summary version of it is you’re going to take short form and long form content and a whole lot of it at that.

You’re going to upload the list of people who bought the ticket to show up and you are going to hammer them with content. Again, both short form and long form.

And you’re not going to pick random content. You’re going to try to pick content that fits what we call these four quadrants: Questions, second layer questions, objections, and expectations.

Your goal is to take content just like this and put it in front of people prior to them showing up.

Your goal is to buy ads on both short form and long form because people have different consumption patterns. People have different preferences.

And yes, long form typically creates higher trust. And so we don’t want to exclude that. And short form has a higher probability to reach people and make our points faster. So we want to make sure we have that too.

We take 30 to 50 different pieces of short form content and anywhere from 15 to 30 pieces of long form content and we’re going to put it in front of people with what we call a frequency goal.

Now, we’re going to run these as engagement campaigns optimized for thru-play video views.

And there’s a very tactical way to set it up properly. I won’t bore you with that right now. We save that for people who actually give us money. I want you to understand the concept right now.

This in and of itself – soon as somebody buys, just getting hammered with a ton of content – increases the probability dramatically that they show up because you stay in front of them the entire time from the time they purchased to the time of the actual event.

Why You Need Sixty Day Promotion Cycles

And if you’re smart, by the way, you’ll take all of what I’m talking about for these backend selling systems and you’ll implement them not only between the ticket purchase and day one, but you’ll do it between day one and day two, day two and day three.

But again, we’ll talk about that more here shortly. For now, just understand all of what’s possible for you to do to help the show rate improve with that hammer them campaign.

You’re going to see a lot higher show rate if you actually execute it successfully.

And again, imagine – I typically tell you as an example in this very series, you want to have upwards of a 60-day promotional cycle if you want as many paid buyers as you possibly can get and also giving yourself some wiggle room to mess up a little bit, fix things, and maximize the overall amount of people that buy.

Those promotional cycles, those have the highest probabilities to get high thousands of people or maybe even low tens of thousands of people to buy.

The shorter the promotional cycle typically, unless you spend a ton of money in that short cycle and everything goes really well for you, you have to work in that extra period of time.

That way, you have a higher quantity of people that overall buy.

So again, keeping content in front of them that entire window makes it so they don’t forget. It reminds them.

And this gets into point number two, which again this is one of the three that does not cost money. The hammer them is the only one that actually costs some dollars because you have paid advertising spend that you have to distribute out.

Value Dense Email Strategy For Show Rates

So we call this second one value dense email sequencing.

Now you likely, as most people who run challenge funnels or virtual events will only have reminder emails.

You’re going to have a low show rate if you only have reminder emails.

Do you want to have reminder emails? Yeah, of course, dude. But do you only want to have reminder emails? No.

You want to obviously have things like calendar invites, the reminder email sequences, but you also want to have value dense email sequences.

So the whole concept of this – and again, whole piece on this site dedicated just to this topic, by the way. And for all our paid buyers, we have a massive SOP and of course a lot of additional training and email examples that we can show you as it relates to what I’m talking about right now.

But back to my point, all you’re trying to do is take the things that you want people to know that are genuinely valuable things that get them excited to showing up, that educate them further, that increase their awareness, that raise their interest levels, things that they actually want to know – not a bunch of nonsense – truly valuable things that they genuinely would find valuable.

You want to take those things, you want to write them into the email. You don’t just want to send them out with the expectation that they’re going to click to something and consume it.

Take what you’d ever have them click through and put it right in the email itself.

Email open rates right now sit on average about 50 to 70%. It’s awesome. Industry research shows that email marketing benchmarks vary significantly by industry and audience type.

However, click-through rates still sit at historic lows, usually in the single digits for the most part.

So from that perspective, that’s why I give you the pro tip of take whatever you’d otherwise have people click through to and put it right there in the email itself.

Now, if you do this again over a broad duration of time where you have such a long drawn out promotional cycle, makes a lot of sense not to blast six a day for 60 days in a row at people for that high of a frequency.

But keeping valuable insights and information and keeping people excited no matter where they bought in the process – pretty important part of the process at that.

Breakout Video Strategy For Confirmation Pages

You then roll into the next part, which is what we call confirmation page best practices.

Now, with these confirmation page best practices, one of the big parts of it is what we call breakout videos.

Now, breakout video is pretty simple to understand. If you follow that logic that I talked about earlier where I say on the front end, they’re in scanner mode and on the backend, that’s where their intent and their justifications come into play and they’re seeking information.

They clearly raised their hand and said, “Yeah, you know, I think this could be for me.”

Your job is to nurture that little bit of curiosity or that base level of interest to a higher level.

Confirmation pages are obviously right after they pivot into that justification mode where they’re seeking more information. They’re intentionally learning. They’re trying to further justify this is the right thing for me. I’m committed to this idea.

So on the confirmation pages with breakout videos specifically, that’s where we start to showcase single videos at a time, generally one to three minutes long with a whole array of topics that we teach to people in our Inner Circle program that we teach to people in our Master Internet Marketing program.

Again, links down below for those.

But you take these little 1 to three minute videos, you put them onto the page, and we have clients that have upwards of 19 of these. As an example, we have clients that have like three to five of them.

A lot of you who secret shop my funnels, as an example, when you go to my confirmation pages, you’ll see I have anywhere from like three to five, give or take the specific offer.

What you’re trying to do is you’re trying to tell people things, give them insights on things. These are typically some of the most common things that you want people to understand right after they just opted in, and you want to nurture that trust to its highest level.

Besides best practices relating to breakout videos on confirmation pages, there’s a whole slew of other things, but again, I won’t sit here and bore you with that.

There’s whole pieces on my site dedicated to that topic in itself. And of course, again, we have a lot of stuff inside of our paid offers.

Setter Outreach Strategy To Boost Show Rates

Now, the final thing – the SDR best practices, otherwise known as the setter best practices.

These guys matter a lot when it comes to improving show rate.

You have a human being that manually reaches out to you. Or if you have a really good AI service that can mimic what a setter can do and it actually sounds like a real person and doesn’t have that delay that most of the AI services do, you can use that too.

But again, just to be clear, you ideally want to double dial people, get a hold of them, text them.

And the job with this specific best practice as it relates to backend selling systems is to try to tailor information to that specific person that you’re talking to.

Look them up online. Look at any application data. Look in the CRM. Try to just find things out about them or on the phone, try to ask a few strategic questions about why they’re specifically interested in whatever the topic is of your upcoming virtual event.

And take a list. They should have a monster list of well organized, categorically organized resources and sales assets and trust assets that they can tailor a list of for that person that they’re talking to.

So the conversation’s like, “Hey, wanted to see what got you interested in this whole topic in the first place. What’s piqued your curiosity here?”

“Oh, I’m interested because of X.”

“Okay, great. Well, hey, if I told you, by the way, that I’ve got a few things that could help with before the event even starts. Would you be interested in me sending those over to you?”

“Yeah.”

“Okay. Would you like it via text? Would you like it via email? Would you like it via both? Great. I’ll shoot it over now. Just take a look at it. Looking forward to seeing you. By the way, if you have any questions, I work for the organization. It’s my cell number. Just shoot me a message. I’d be happy to answer anything that you got prior to this whole thing. By the way, I can also hold your hand if you struggle to get access on a particular day, if you need a certain join link, whatever. Treat me like your support contact in the instance that you’re interested in doing so. And you know, of course, after the event is done, I’ll reach out to you too.”

And so you’re trying here to establish pre-event communication.

That way, by the time the event’s over with and maybe that person specifically didn’t book a call or didn’t do a direct to checkout, no problem – your setter’s already established communication with them and can strategically hit them up and try to get them to buy.

You understand?

So long story short, you implement all these backend selling systems, you have a much higher probability in and of itself to get a really high day one through day three show rate.

Now, again, just in the context of what I’ve communicated to you so far, I just want to make sure I reiterate this so you walk away in full understanding of what I’m sitting here talking about to you.

Implementing Backend Systems Between Event Days

You do these for day one and you build them relative to how far out you are to make sure that you maximize show rate.

You do the same thing for day two, my friend.

So between day one and day two, even though it’s a really short window, you blast them with a ton of content for the hammer them strategy to increase show rates.

You have the setter reach out. “Hey, how was day one? Oh, yeah. You liked it. Hey, you coming to day two tomorrow? Day two is the most important day. It’s the most important day by far. Make sure you show up. The time it starts is this time. You got any questions, by the way, that you want me to submit to the team to see if they can cover it? Okay, great. Thank you so much.”

You have specifically a little bit of value dense email sequences that you can hit them with between day one and day two, but the only one you really lack here is the confirmation page.

Depending on how you execute your challenge…

Central Dashboard Hub For Event Access

In one of these pieces in this series, I don’t even remember which one it is at this point – there’s so many – I talked about this dashboard concept and how you can have a dashboard that has access to the day one, day two, day three join links, the breakout rooms, the applications that you want people to inevitably fill out, direct to checkout links, deposit links to book a call.

You have a place like a central place where people can look at a bunch of stuff.

You can strategically update the dashboard between day one and day two with some confirmation page best practice assets, but you don’t technically have a confirmation page by default between day one and day two.

You know what I mean?

So anyway, long story short, same concept. Between day two and day three, you hit people again and the communication should adapt relative to what happened between those 72 hours.

Next Steps To Implement Show Rate Strategies

So long story short, this is what the necessities are.

And then from there, there’s just a few sprinkles and cherries on the sundae that you could throw on top, but they’re not things that are necessities. And so I won’t cover them here.

I save those kinds of things for the people who pay us.

And again, you can check out links down in the description, but at the very least, go check out all the other pieces in this series on how to maximize total amount of revenue and get a big old challenge funnel virtual event lump sum coming your way.

What I can teach you isn’t theory. It’s the exact playbook my team has used to build multi-million-dollar businesses. With Master Internet Marketing, you get lifetime access to live cohorts, dozens of SOPs, and an 80+ question certification exam to prove you know your stuff.

All right, go get richer. Talk soon.


Watch the video:

About the author:
Owner and CEO of Megalodon Marketing

Jeremy Haynes is the founder of Megalodon Marketing. He is considered one of the top digital marketers and has the results to back it up. Jeremy has consistently demonstrated his expertise whether it be through his content advertising “propaganda” strategies that are originated by him, as well as his funnel and direct response marketing strategies. He’s trusted by the biggest names in the industries his agency works in and by over 4,000+ paid students that learn how to become better digital marketers and agency owners through his education products.

Jeremy Haynes is the founder of Megalodon Marketing. He is considered one of the top digital marketers and has the results to back it up. Jeremy has consistently demonstrated his expertise whether it be through his content advertising “propaganda” strategies that are originated by him, as well as his funnel and direct response marketing strategies. He’s trusted by the biggest names in the industries his agency works in and by over 4,000+ paid students that learn how to become better digital marketers and agency owners through his education products.