448: Under $1k Mistake #2 - Not Selling Retail
Your Virtual Upline Podcast
Bob Heilig
4.9 • 1.7K Ratings
🗓️ 20 September 2024
⏱️ 18 minutes
🧾️ Download transcript
Summary
It’s happening in just a few short days! Sign Up Now for the FREE WORKSHOP “30 Days to $1K” and get our PROVEN 5-step plan to hit your first ORGANIC $1,000 commission month in 30 days or less (with more EASE than you ever imagined!) at www.yourvirtualupline.com/1k!
In this episode, I’m breaking down the second biggest mistake I see people making when they’re not earning $1,000 a month in commissions. I’ll explain why discounting your products to new customers is a critical error, and I reveal how this is really impacting your bottom line. I’ll show you the actual dollars and cents behind this issue, and give you the clarity you need so you can avoid it.
The insights I share today will be a major shift in your perspective. Don’t forget to register for next week’s workshop. Whether you attend live or get access to the recordings to watch later, this event could be the game-changer your business needs!
Listen to Learn
3:42 - A case study from one of our students showing the impact of giving away the true value you offer to your customers
5:28 - What the numbers show when you lose sight of your value
8:14 - How pricing influences perceived value, and the essential skill you need to develop in order to maximize your results
11:10 - The positive effect that delaying discounts will have on your customer and order value
15:04 - The key lesson that you can learn by looking at the successful people in our industry
16:12 - An overview of next week’s free workshop and why you won’t want to miss this one
Sign Up Now for the FREE 30 Days to $1K Workshop at www.yourvirtualupline.com/1k
445: Under $1k Mistake #1 - TRYING to Grow a Team
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Transcript
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| 0:00.0 | Hey Bob here and welcome back to the Your Virtual Upline Podcast where we give network marketers the mindset, strategies, and skills that |
| 0:16.2 | you need to build a business and life of your dreams. |
| 0:20.3 | Hey Bob here, welcome back to the show episode 448. |
| 0:27.0 | Today I'm going to share with you the second biggest mistake that I see people making that are not earning a thousand |
| 0:36.2 | dollars a month in commission so if you're listening to this right now you're |
| 0:40.9 | stuck at less than a thousand dollars a month in take-home pay you're stuck at less than a thousand dollars a month in take-home pay, you're |
| 0:44.8 | likely making this mistake. So here's what it is. Not selling retail to your new customers. |
| 0:57.4 | So I know this is something that may not necessarily |
| 0:59.9 | apply to all of your businesses, |
| 1:01.2 | but most of your businesses probably have some sort of a second |
| 1:06.9 | option for someone to purchase products with that has some sort of an incentive in terms of a discount on the products, |
| 1:17.0 | free shipping, or something else. The most common thing we see would be something like a preferred customer position where for a very small fee |
| 1:27.6 | Somebody can become a preferred customer which will allow them to get the products at a discounted rate, free shipping, so on and so forth. |
| 1:36.4 | We have a couple of companies in our community that it's not a preferred customer position, |
| 1:40.4 | but they actually promote someone becoming a consultant. |
| 1:44.0 | So a consultant is kind of essentially like a preferred customer |
| 1:47.5 | where there's a very low startup cost, |
| 1:50.0 | or in many cases, I can think of one company where it's free to join as a consultant. |
| 1:54.1 | So there's no cost whatsoever. |
| 1:56.4 | And you get a link where you can share products and earn referral credits. |
| 2:00.4 | And so there's always going to be essentially there's kind of for most of you |
| 2:04.0 | there's two options there's selling at full retail price and earning a full |
... |
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