Hi devoted readers, I need your help!
Basically I’m asking: Do you think coaching services are worth their +/-$3,000 investment?
By ‘coaching’ I mean this: Many of my peers currently offer one-on-one Amazon or eBay seller help that runs (generally) $1,500 to $5,000. He/she will spend a few hours a week with you (phone and web), for multiple weeks, hand-holding you during the selection or discovery of products to sell (via one or more methods like retail, wholesale, etc), where to look for products, how to buy, the entire listing and selling process, dealing with customer service issues, tracking your sales and profits, and growing your business.
But here my 3 concerns with that coaching (this is just my opinion):
1.) I’m not entirely sure there’s a need. The ‘nut’ of what you’re getting with coaching is hand-holding and step-by-step advice. But that’s already accomplished to a great degree (albeit not a personalized one) with (for instance) Amazon seller courses for $299 or less.
2.) I think coaching is (generally) overpriced. If I were to hire a coach for (say) $5,000, I think the coach should be doing everything for me for a short period (account sign-up, creating new products, finding me ideal products to sell, product listing, customer service, etc.) and then sending me videos/documents of all those recurring activities so I know exactly what to do after the coaching service ends. Today’s $1K-$5K+ coaching doesn’t offer that (to my knowledge)
3.) You may not get the coach you’re expecting. I’m not going to reveal the coaches’ names (by the way, there are many legitimate ones), but when you buy a popular guru’s coaching, you’re (generally) not getting the actual guru. It’s someone (presumably very qualified) who works for him her. In other words, if you sign up for “John Doe Coaching”, you’re not getting John Doe on the phone anytime. You’re getting “Jane Smith” or whomever to coach you.
By comparison (I’m not trying to sell you on this, just showing you): I offer a service where a customer can schedule 15 minutes or more with me for what is (comparably) a mere fraction of the cost of coaching. I analyze the customer’s situation (poor sales, don’t know where to start) and point them in the right direction. If they get lost along the way, they can schedule another call with me. Their total investment is generally under $150. My coaching doesn’t give the step-by-step hand-holding and weekly/daily calls, but, do they really need that?
I would LOVE to get some feedback from you, how do you feel about $3,000+ seller coaching? I want to be proven wrong.
P.S. The above is not intended as a slight to any current coaches out there. Also, the above is my opinion now - it’s subject to change!