Today we have a great question from listener Paul Minors:
“I’d love some help with growing product revenue. I’d love to hear your advice around the steps you would take after launching a digital product to get more revenue from it.”
This is a great question and something we spend a lot of time thinking about at Fizzle. Because we have just one product, if we want to grow our business, we have to increase revenue from this one existing product.
To answer Paul, I’m going to break this down into five specific ways to increase revenue from an existing product. These are roughly in order of least to most effort on your part as the business owner.
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Links Mentioned in this Episode:
UserOnboard by Samuel Hulick
5 Characteristics Of High Converting Headlines by Neil Patel (at ConversionXL)
An eBook pricing model that resulted in $100,000 in sales by Nathan Barry (at A Smart Bear)
We settled in to Portland and biked all over town. Scott & Chelsea visited in Mexico.
We’re five episodes deep into the Lifestyle Business Weekly video show, and now you can listen on the go. That’s right, we’ve turned the show into a podcast, and new episodes will be released each week!
The world lost one of the most exuberant, supportive, caring, generous and motivated people on Saturday. I lost a dear friend who will leave a hole in my heart forever.
We all fall off the horse once in a while. You committed to something with the best intentions, you even started strong, but now it’s been weeks since you did anything about it.
My first day on the job as a consultant in a boutique Fortune 500 tech consulting firm went like this. I took the 6am flight from Portland to Houston, arrived at work groggy but got right down to business.
Do this, then do that. Watch for when this happens and make sure never to do that.