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How to Run Flash Sales to Grow Your Business

How to Run Flash Sales to Grow Your Business

FromThe Boss Mom Podcast


How to Run Flash Sales to Grow Your Business

FromThe Boss Mom Podcast

ratings:
Length:
20 minutes
Released:
Apr 29, 2021
Format:
Podcast episode

Description

Running flash sales is a great way to bring in a ton of revenue, so it’s something all Boss Moms should consider adding to their business models. Where do we start, and is there a right way to do it?    In times like these, when so many people are uncertain about their financial futures, our best bet is to limit our flash sales to lower-priced items. The only question is, how big can our results be from small sales?    Can sales on low-priced items translate to something bigger?    In this episode, I share why flash sales are the method used by millionaires.    Three Things You’ll Learn in This Episode   Why we should never discount the power of a low-priced productFlash sales on smaller products don’t always sound exciting, but the results can be incredible. Charging between $27 and $47 for something small but useful creates an ‘easy yes’ for customers, and can quickly translate into $10,000 in just one day.   How to add an upsell to ‘easy yes’ products Our customers may be on our websites for a sale, but that doesn’t mean they won’t be interested in other, similar products. Link relevant items on the checkout page and suggest them as add-ons.     How to ensure an ‘easy yes’ really is easyA lower price point makes it easy for customers to agree to, but a complicated product will keep them thinking twice. Make sure ‘easy yes’ products offer simple solutions to very specific problems, like gaining 15 more Instagram followers or making 5 additional sales.
Released:
Apr 29, 2021
Format:
Podcast episode

Titles in the series (100)

Welcome to the Boss Mom Podcast, where mompreneurs and women in all stages of raising their business and family come to get tools, tips and support to help make their Boss Mom world just a little bit easier. With host Dana Malstaff