3 easy ways to increase your online revenue by 15%
or more without acquiring new customers. As an online business owner your focus
is spent on acquiring new customers, retaining customers, and increasing
revenue. Basically you want to grow and scale, but you don’t have to get new
customers to get more revenue coming in. In today’s video I’ll show you 3 easy
ways to increase your revenue so you can grow and scale without new customers.
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You're a business owner. You want to increase your sales and revenue. But it's really hard unless you acquire more customers, right? WRONG.
#1 Adding up-sells and down-sells
When someone buys a product or service from you upon checkout, why not offer upsells and down-sells? It's a great way to increase your revenue by another 10%, 15% or 25%. The key with upsells and downsells is speed and automation. If your upsell gets a customer that results faster and in a more automated way, they're much more likely to buy it.
#2: Marketing Automation
Start by thinking about your emails. Emails are one of the most powerful ways to sell people.
Once you start collecting more emails, start setting up email automation.
Let's say someone opens up your emails, you can then after two or three emails pitch them on buying your product or service.
That's email marketing, or marketing automation. If you do that, your conversions will go up.
#3: Create more products or services.
If you just create more products or services, and you start selling them to your same user base over time you'll generate more income. Your best buyers are ones who already bought from you. So keep selling them more products and services over the upcoming years. That's why Amazon continually does well.
They keep selling people more and more products and services.- You're a business owner.
Subscribe here to learn more of my secret SEO tips: https://www.youtube.com/channel/UCEOZgj57xoJ3-Ud0MgehVXw
Find me on Facebook: https://www.facebook.com/besteducationpage2/
Read more on my blog: https://www.besteducationpage.com/
You're a business owner. You want to increase your sales and revenue. But it's really hard unless you acquire more customers, right? WRONG.
#1 Adding up-sells and down-sells
When someone buys a product or service from you upon checkout, why not offer upsells and down-sells? It's a great way to increase your revenue by another 10%, 15% or 25%. The key with upsells and downsells is speed and automation. If your upsell gets a customer that results faster and in a more automated way, they're much more likely to buy it.
#2: Marketing Automation
Start by thinking about your emails. Emails are one of the most powerful ways to sell people.
Once you start collecting more emails, start setting up email automation.
Let's say someone opens up your emails, you can then after two or three emails pitch them on buying your product or service.
That's email marketing, or marketing automation. If you do that, your conversions will go up.
#3: Create more products or services.
If you just create more products or services, and you start selling them to your same user base over time you'll generate more income. Your best buyers are ones who already bought from you. So keep selling them more products and services over the upcoming years. That's why Amazon continually does well.
They keep selling people more and more products and services.- You're a business owner.
You want to increase your sales and revenue.
But it's really hard unless you acquire
more customers, right?
That's actually wrong.
Hey everyone, I'm Neil Patel,
and today I'm gonna share with you
how to increase your revenue
without acquiring new customers.
(upbeat music)
I know that sounds crazy, but it's possible.
And it's not that hard.
Number one, adding upsales and downsales.
When someone buys a product or service from you
upon checkout, why not offer upsales and downsales?
It's a great way to increase your revenue
by another 10%, 15% or 25%.
The key with upsales and downsales is speed and
automation.
If your upsale gets a customer that results faster
and in a more automated way,
they're much more likely to buy it.
If it doesn't offer speed and automation,
that's when you usually see a lift by 10%, 15%.
So if you can, focus on speed and automation.
The second way to generate more revenue
without growing your traffic
is through marketing automation.
So think about your emails, right.
Emails is one of the most powerful ways to sell
people.
Every website collects 'em.
If you don't, collect it through HelloBar.com.
Once you start collecting more emails,
start setting up email automation.
Let's say someone opens up your emails,
you can then after two or three emails
pitch them on buying your product or service.
That's email marketing, or marketing automation.
If you do that, your conversions will go up.
Last but not least, create more products or
services.
If you already have people buying from you,
if you just create more products or services,
and you start selling them to your same user base
over time you'll generate more income.
Your best buyers are ones who already bought from
you.
So keep selling them more products and services
over the upcoming years.
That's why Amazon continually does well.
They keep selling people more and more products
and services.
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