MBA907 Do Bonuses Increase Sales?

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.9 • 1.2K Ratings

🗓️ 25 December 2017

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

‘Tis the season — let’s talk giving! Offering free bonuses is a common sales-boosting strategy, used by everyone from the smallest mom-and-pops to the biggest corporations. But do these giveaways work? If you’re starting or running your own business, it’s important to use every resource wisely.

Transcript

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0:00.0	Heyo! Welcome to the $100 in Show, the business podcast,
0:13.4	and always got your back with practical business lessons
0:16.4	every single episode.
0:18.0	I'm your host, your coach, your teacher, Omar Zenholm.
0:21.2	I'm also the co-founder of the $100 RBA, a complete business training and community
0:25.2	online. And today is Christmas Day. Merry Christmas and today is actually the last episode
0:32.3	of 2017 for the show.
0:35.0	Come January 1st, 2018, we're going daily.
0:38.1	Five days a week, you're gonna get a jam-packed business lesson about 10-12 minutes long every single day five days a
0:46.1	week Monday through Friday we are so pumped for this because we love the show in
0:49.4	this format and we know you're gonna love it so make sure you hit subscribe if you haven't already to make sure you get all these episodes automatically come January 1st.
0:57.0	In today's episode you will learn do bonuses help you increase sales?
1:03.0	When you're running a promotion, when you're selling your products or services,
1:07.0	by offering some free bonuses that come along with it,
1:10.0	does that help you make more sales?
1:12.0	We're going to be answering that question.
1:13.4	I'm going to be sharing with you some stories, some examples for my own business to
1:18.1	show you when bonuses do help increase sales and when they don't. We got a lot to cover so let's get
1:24.0	into it. Let's get down to business.
1:27.0	Today's episode of the $100 R.M.
1:31.0	A show is supported by HostGator. HostGaters all in one
1:34.6	WordPress cloud hosting gives you everything you need to run your business website.
	...

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