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Everyone loves a rags-to-riches story. So much so, they're commonplace in people's marketing.
We love these because they make the idea of growth seem possible. Often, they make it seem EASY. That all you need to succeed is a little grit and everything will fall into place. The truth is a little different. Sadly, the business that wins is usually the one that can afford to invest more into attracting customers. Here's what I mean. Picture two companies. Company 1's customers have an average order value of $100. Company 2's customers have an AoV of $200. Company 2 can afford to invest twice as much into acquiring a customer than company 1. Which means they'll be...
Company 2 will win because they can afford to invest more. This is obviously a simplistic explanation, but you get the point. You also have to consider things like the payback period and LTV of those customers. But the point stands. Generally speaking, the companies that can afford to spend the most on marketing win. One of the key points I'll be covering in tomorrow's Webinar is the system we use to...
I'll also be explaining why this is NOT the place to start your marketing efforts though. And I'll be highlighting where you should first turn your attention to make sure that the LTV of these customers is higher. More on that another time though. Pete "big spenders win" Boyle |
I've spent ~10 years helping digital brands grow. I share what I know and what I'm experimenting with in this newsletter.
I soft-launched a new offer recently, the custom $1 Product Blueprint build, and it reminded me of something people forget about when it comes to helping prospects. Quick note before I get into it. I’m opening a few DFY strategy build slots again. If you want me to build your growth system for you, reply and I’ll share the details. So, the new offer has a super simple onboarding approach... ... Customer buys.... They fill in a form.... I build the custom blueprint. Simple, right? But within a...
A little while back, my downspout from our roof terrace was blocked. I'd look out of the window and see the hoppers filling with water, which then spilled all over the side of the house. Obviously, not ideal, but I could easily fix this myself... or at least I thought it was. I grabbed a drain snake and got to work after an hour or so of rattling that snake around, I patted myself on the back for a job well done. Yet when the next rain came, it overflowed again. Turns out there were more...
Yo! So I'm flirting with the idea of low-ticket done-for-you services. I've seen a couple of people shift this way and I want to test it. I mean, I've got the templates, systems, and proof to make this work. I just need a handful of people (I'm thinking 3-5) to help me work out the kinks. If you're up for it, hit reply and let me know. If you want more info, here's the detail. I'm of the opinion low-ticket offers will move on from the common... Info-based courses Fill-in-the-blank templates...