43 min listen
How to Run Flash Sales to Grow Your Business
How to Run Flash Sales to Grow Your Business
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)
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