16. Advanced Offer Stacking. How To. | $100M Lost Chapters Audiobook
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This episode is titled:
16. Advanced Offer Stacking. How To. | $100M Lost Chapters Audiobook
Notable Quotes
"The amount of money you make is directly proportional to the amount of goodwill you have multiplied by the amount of offers you make."
"People like having problems solved for them in advance, so just solve them and profit."
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Get More InsightsEpisode Summary
In this episode, the focus is on the concept of advanced offer stacking, which posits that the amount of money one can make is linked to the goodwill they generate and the offers they present. The host warns against adding complexity to a business without ensuring it will yield substantial profits or minimal operational drawbacks. The episode explores the analogy of accommodating resistance in exercise to understand how to align offers with customer needs proficiently.
The host encourages identifying adjacent customer needs and creating affiliate relationships, and highlights that many businesses overlook potential revenue by not monetizing related services. An example is provided to showcase how a small addition, such as affiliate commissions, can significantly impact a business owner's income.
The process of offer stacking involves recognizing customer needs that can be monetized, choreographing a sales process, and ensuring each component of the sales funnel works together seamlessly. Practical examples illustrate how to effectively position high-ticket offers followed by various upsells and downsells.
Throughout the episode, the host provides strategies to maintain customer engagement and maximize lifetime value through thoughtful, sequenced offers and emphasizes the importance of refining the customer journey for better results. By addressing this systematically, businesses can reduce customer acquisition costs and enhance profitability by making offers that resonate with customers at the right moment, ultimately leading to better business outcomes.
The host encourages identifying adjacent customer needs and creating affiliate relationships, and highlights that many businesses overlook potential revenue by not monetizing related services. An example is provided to showcase how a small addition, such as affiliate commissions, can significantly impact a business owner's income.
The process of offer stacking involves recognizing customer needs that can be monetized, choreographing a sales process, and ensuring each component of the sales funnel works together seamlessly. Practical examples illustrate how to effectively position high-ticket offers followed by various upsells and downsells.
Throughout the episode, the host provides strategies to maintain customer engagement and maximize lifetime value through thoughtful, sequenced offers and emphasizes the importance of refining the customer journey for better results. By addressing this systematically, businesses can reduce customer acquisition costs and enhance profitability by making offers that resonate with customers at the right moment, ultimately leading to better business outcomes.
Key Takeaways
- Align offers with customer needs to maximize sales and minimize complexity.
- Consider affiliate relationships to tap into additional revenue streams.
- Use systematic offer stacking to enhance customer value and business profitability.
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