510. When Do You Know It's Time to Add Another Sales Channel?
The Product Boss with Jacqueline Snyder
Jacqueline Snyder
4.8 • 961 Ratings
🗓️ 21 September 2023
⏱️ 36 minutes
🧾️ Download transcript
Summary
Have you ever felt stuck in your business? Unsure of where to take your products next? You're not alone! Many of our Multi-Stream Machine students and community members come to us with this exact feeling. So today, we're diving deep into a topic that resonates with many: when and how to expand your sales channels.
Most businesses start with one primary sales channel, be it in-person sales, wholesale, Etsy, or direct to consumer through their website. This channel becomes the main source of revenue, and often, it works incredibly well. But there's a catch: it only works up to a point. The real growth potential emerges when we explore the possibilities beyond that single channel.
Imagine if you could replicate the success of your primary channel on another platform? The prospect of doubling your revenue becomes real! But the big question remains: when is the right time to branch out? And which channel should you opt for next?
Join us as we walk you through the signs that it's time to expand, strategies to choose the right platform, and how to harness that snowball effect to maximize your revenue potential.
Resources:
- Guess what, Product Bosses: Multi-Stream Machine is officially open for enrollment – for a limited time only! Find a community of like-minded entrepreneurs and take advantage of our 20 years of experience to help you scale your business! Head to MultiStreamMachine.com to find out more!
Connect:
- Website: theproductboss.com
- Instagram: @theproductbos
Transcript
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| 0:00.0 | So I think for her too is like she felt so stuck with only the people she knew and only the people she knew would go to her website to buy |
| 0:08.0 | Versus that kind of like how do we get in front of more people and those are some of the ideas. |
| 0:12.8 | Welcome to the Product Boss Podcast where we're dedicated to helping product-based |
| 0:20.8 | business owners turn into revenue generating successful happy product bosses. helping product |
| 0:23.7 | business owners turn into revenue generating successful happy product bosses. |
| 0:25.4 | I'm Jacqueline Snyder. |
| 0:26.6 | And I'm Meena Kuno-Cetep. |
| 0:29.0 | Together through digital courses, coaching and masterminds, |
| 0:32.3 | we've helped over 50,000 students from startup to |
| 0:35.4 | multi-million dollar businesses scale their sales while blending in their |
| 0:40.8 | dream life. It gets lonely out there in the product business world. |
| 0:44.0 | We fully believe a business shouldn't be built alone. |
| 0:47.0 | There's room at the top for all of us. |
| 0:50.0 | So let's get scrappy and creative together, boss to be profitable make more sales and grow your visibility. |
| 0:57.4 | Are you ready? Let's dive in. |
| 1:02.0 | Hey product boss now how amazing would it be if you had an all-in-one CRM that could |
| 1:08.0 | help you keep everything organized in one place so that you can execute, automate, and stay focused on your customers. |
| 1:16.0 | That's exactly what the new HubSpot Sales Hub does. |
| 1:20.0 | Your data, tools, and team, if you have one, |
| 1:23.2 | are all visible inside a CRM that keeps your data organized |
| 1:27.4 | and encourages endless integration. |
| 1:30.7 | HubSpot Sales Hub provides one single place where you can send emails, answer questions, |
... |
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