I'm Stuck At 10 Sales Per Day: Should I Double Down Or Move On? #FreedomFastLane
Capitalism.com with Ryan Daniel Moran
Capitalism.com
4.8 • 802 Ratings
🗓️ 11 October 2019
⏱️ 35 minutes
🧾️ Download transcript
Summary
Nick has tried a few things, and is investing a lot of time in PPC and optimization, but his sales are now stagnant and have gone down since launch. Ryan helps Nick clear up what it is he loves about his business and how he can do more of it!
Are you about to throw in the towel on your budding brand and switch your focus? Ryan shares insight on discontinuation, actionable tips on where and how to gather intel on your customer base and who NOT to listen to if you're trying to build a business.
Transcript
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| 0:00.0 | I'd love to be able to solve a problem for a customer base. |
| 0:04.6 | Same thing with me. |
| 0:05.7 | Nick, we've been chatting for under six minutes, |
| 0:08.6 | and we have already picked the exact thing that you need to do next. |
| 0:15.0 | Build a business, invest the profits. |
| 0:18.0 | I'm Ryan Daniel Moran, and this is Freedom Fastlane. |
| 0:26.8 | Hey, Fastlaners. Today we're going to be talking with long-time listener, first-time caller Nick, |
| 0:32.3 | who has been building a physical products brand to a specific audience, but he's had trouble |
| 0:38.7 | breaking out past between $5,000 and $10,000 a month in sales. |
| 0:43.7 | And what he's been struggling with is the product first approach. |
| 0:48.4 | And he listens to the amazing.com crowd and the Amazon sellers crowd about what should be done in order to take |
| 0:57.1 | sales on Amazon. And in a lot of cases, that's really good advice. I'm a big fan of a lot of |
| 1:02.5 | those guys. But what I have found the challenge to be in that type of an approach is that you |
| 1:08.3 | prioritize algorithms and products rather than selling to people. And that was Nick's |
| 1:14.0 | challenge too. Now, you can hear the conflict in his voice where he's like, I know how to serve |
| 1:19.5 | this person, but I'm not sure how to make it sustainable and have a long-term sales channel |
| 1:25.6 | that allows me to do this at scale. So we go in and we fix this for him, |
| 1:30.7 | and we come up with some strategies and some daily things that he can do in order to set himself |
| 1:36.9 | on the path to building rating customers and having predictable sales and being able to identify |
| 1:44.1 | if the products that he's selling are the |
| 1:45.8 | right ones for this audience. I know a lot of you might have product ideas or you've got products |
| 1:51.8 | in the marketplace, but you're not sure if they're the right ones for the business that you want to |
... |
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