Only 3 ways to grow a business:
1. Get more customers
2. Increase order value
3. Increase buying frequency
Focus on moving one by 10% every 90 days and big things happen.
1. Get more customers
2. Increase order value
3. Increase buying frequency
Focus on moving one by 10% every 90 days and big things happen.
Here are a few examples of each (taylored for course creators but applicable anywhere):
More customers:
1. Co-promo with influencers
2. Host a webinar to your house list
3. Turn popular email into FB ad
4. Run a 5 day promo
5. Optimzoe most linked to article
More customers:
1. Co-promo with influencers
2. Host a webinar to your house list
3. Turn popular email into FB ad
4. Run a 5 day promo
5. Optimzoe most linked to article
Increase order value
1. Raise your price by 25%
2. Add a resource as bump sale
3. Offer “unlimited consulting for 90 days” as upsell
4. Add a 2nd pricing tier w/ bonuses
1. Raise your price by 25%
2. Add a resource as bump sale
3. Offer “unlimited consulting for 90 days” as upsell
4. Add a 2nd pricing tier w/ bonuses
Increase buying frequency
1. Ask past customers to buy v2
2. Launch membership for recurring
3. Create coaching for high ticket
4. Ask new customers for referral
5. Promote rested affiliate product
1. Ask past customers to buy v2
2. Launch membership for recurring
3. Create coaching for high ticket
4. Ask new customers for referral
5. Promote rested affiliate product