Why It’s Important
A tripwire is a low-ticket product/offer that a customer is likely to purchase first before anything else. This helps them break the mental barrier of spending money with you for the first time.
A customer is much more likely to buy from you after a successful purchase in the past.
That means that you want to over-deliver on the tripwire.
Some might call it a loss-leader. You are willing to sacrifice some profits in order to secure the first sale.
One of the best moments to offer a tripwire is immediately after an email opt-in, this is because the lead is already warmed up and mentally primed to take action.
You can set this up by redirecting all successful opt-ins to a sales page. This is often called a “one-time offer” because it is at that exact moment you might offer them a tremendous discount on the tripwire, if they navigate away, they will lose the offer. This is very powerful!
Having a product setup like this can also help you recover the money you spend on the ads to generate those leads.
A Tripwire offer is essential for turning leads into customers and finding out who’s serious about your solutions.
What to ask / look for
How to Optimize it to Best Practices
A tripwire should offer more value than a lead magnet but be priced lower than the core offer.
Tripwires are typically priced between $1-$49.
Articles to Help You Learn More about Trip Wires