Get Profitable HQ: Business Growth Strategies for Online Entrepreneurs
Ever wondered how to turn a passion into a thriving seven-figure business? Laura Smith, host of Get Profitable HQ, spills the secrets that helped her overcome shyness and build a successful online business for over a decade. Running a business while juggling family, travel, and a chronic illness is no walk in the park. She gets real about the struggles entrepreneurs face and shares strategies to help you balance life and business. Discover the behind-the-scenes truths that will resonate with every entrepreneur trying to make it work! *Feel a sense of camaraderie as Laura assures you that everyone faces challenges in growing their business. You're not alone, and she's here to prove it! *Demystify the world of business numbers. Feel empowered to befriend and understand your business metrics, laying the foundation for success. *Gain practical insights into growing your email list, boosting conversion rates, and navigating the intricacies of online tools and courses. Laura breaks down tangible steps you can implement right away. If you’re ready to transform your business and life, hit play now. Don't miss out on the community, knowledge, and REAL talk – your journey to business success starts with this podcast!
Get Profitable HQ: Business Growth Strategies for Online Entrepreneurs
Selling High Ticket vs. Low Ticket: Which Should You Choose?
Curious whether you will have a better ROI selling high ticket vs low ticket items? The good news is that either option has the potential to make a lot of profit! It’s up to you to decide which is better for your business.
With a lot of experience generating multi-seven figures selling low ticket items in her business, Laura challenges the notion that in order to make a lot of money, you need to sell high ticket items. Learn the differences between the two, including the need to create more products for low ticket sales, the use of high touch marketing strategies for high ticket sales, and the importance of optimizing funnels with order bumps and upsells for low ticket sales. If you’re under the impression that high ticket items are the only way to make big money, think again! Tune in and learn how both options can be successful, and find out which one is ideal for your business!
Key Topics:
- (00:53) Differences between selling high ticket and low ticket items
- (04:08) High touch marketing strategies for high ticket sellers vs strategies for low ticket sellers
- (05:21) Email list strategies; Spending money in pre-launch phase vs going straight for the sale
- (08:26) Number crunching and data analysis
- (09:45) Importance of optimizing and improving low-ticket products
- (10:37) How order bumps and upsells can significantly increase revenue
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