456. A Microaction to Raise Your Revenue Right Now
The Product Boss with Jacqueline Snyder
Jacqueline Snyder
4.8 • 961 Ratings
🗓️ 16 March 2023
⏱️ 18 minutes
🧾️ Download transcript
Summary
Are you feeling discouraged about scaling your business because of a low average order value? Don't worry, you're not alone! We've all been there, and that's why we're excited to share a micro action that can help you increase your revenue - and it's as easy as asking if your customers want fries with their burger.
In this episode of The Product Boss Podcast, we're tackling one of the biggest questions we get asked - how do I raise my revenue? Our program, Multi-Stream Machine, is designed to help you address this issue. But, in this episode, we're focusing on a quick micro action that you can implement right now to see immediate results. We're talking about increasing your average order value by training your staff or helpers to offer additional items or services during the checkout process.
The best part? This micro action is not only easy to implement, but it can also be a little bit fun. Think of it like upselling at a fast-food restaurant, but with a personal touch. We'll show you how you can offer your customers that extra item and increase your revenue instantly. So grab a cup of coffee and tune in to this episode to learn how to raise your average order value and take your business to the next level.
Brought to you by the Shop 1 in 5™ Pledge! Commit to making 1 in 5 of your purchases from a small business, whether online or offline. The Shop 1 in 5™ Pledge is a way to make an impact together when (and where) it matters most. Join us and take the pledge today!
Resources:
- Sign up for our Multi-Stream Machine waitlist at multistreammachine.com.
- Consistent content is key to getting more people to see and buy your products. If you want to create great content but you don’t know what to say, or you feel too busy, or you just don’t want to be the face of your brand, no worries – because we’ve got you covered with a year’s worth of consistent content that’s sure to resonate with your audience! If you want to see how easy this can be, visit A Year of Content.
Connect:
- Website: theproductboss.com
- Instagram: @theproductboss
Transcript
Click on a timestamp to play from that location
| 0:00.0 | getting more customers or new customers are harder to convert than customers that are already |
| 0:04.9 | like me and I said at checkout, that if you can get them to add one more thing to their cart, |
| 0:10.5 | you're going to make more money on that one customer than you trying to go get someone new. |
| 0:14.0 | Welcome to the Product Boss Podcast, where we're dedicated to helping product-based business owners turn into |
| 0:24.0 | revenue-generating successful happy product bosses. I'm Jacqueline Snyder and I'm |
| 0:29.1 | Nina Kuno Citi. Together through digital courses, coaching and masterminds, we've helped over 50,000 |
| 0:36.1 | students from startup to multimillion dollar businesses scale their sales while blending |
| 0:42.3 | in their dream life. scale their |
| 0:43.0 | dream life. |
| 0:44.0 | It gets lonely out there in the product business world. |
| 0:46.0 | We fully believe a business shouldn't be built alone. |
| 0:49.0 | There's room at the top for all of us. |
| 0:52.0 | So let's get scrappy and creative together product boss to be profitable, make more sales and grow your visibility. |
| 0:59.4 | Are you ready? Let's dive in. |
| 1:04.0 | Hey friends, it's podcast recommendation time. |
| 1:07.0 | One of our absolute favorite podcast is online marketing made easy, |
| 1:12.0 | hosted by the incredible Amy Porterfield and I'm so glad to say |
| 1:16.2 | that we're friends with her and this is true that we never miss an episode she |
| 1:20.0 | has been someone that we've looked up to for so long, |
| 1:23.7 | and she's been one of our biggest inspirations |
| 1:25.3 | on our business journey, so we know you are going to love |
| 1:28.8 | her podcast as much as we do. |
... |
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