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THE ONE THING THAT KILLS YOUR BUSINESS FASTER THAN CANCER
If you’re doing this, chances are your business/brand won’t last till the 5th year & you’d get in debt
MUST READ THREAD!!!
If you’re doing this, chances are your business/brand won’t last till the 5th year & you’d get in debt
MUST READ THREAD!!!
Business surveys have always shown that only one out of 5 businesses started last till the fifth year.
Also only 200,000 out of 1,000,000 businesses survive till the 5th year
Now while there are different reasons, that which I’m talking about is the #1 reason it happens
Also only 200,000 out of 1,000,000 businesses survive till the 5th year
Now while there are different reasons, that which I’m talking about is the #1 reason it happens
Let’s start with a story shall we?
Good!
Read on!
When I was a freelance copywriter in the beginning and also doing SEO I used to do 1,000 words content at $75/$100
it depends on the agreements between my client and I and it would take me 1/2hrs to complete
Good!
Read on!
When I was a freelance copywriter in the beginning and also doing SEO I used to do 1,000 words content at $75/$100
it depends on the agreements between my client and I and it would take me 1/2hrs to complete
I found out everyone was basically doing the same thing.
What was that?
We were competing on prices!
Who was going to be the cheapest
This was the norm on fiverr back then 4-5 years ago
What was that?
We were competing on prices!
Who was going to be the cheapest
This was the norm on fiverr back then 4-5 years ago
You can imagine my surprise when I bumped my price to $1K and got more quality clients
Why?
I angled different and came from being exclusive perspective
I do gigs like this for $10K now
It takes you same time to do both jobs or even more time to even do the $100 gig
Why?
I angled different and came from being exclusive perspective
I do gigs like this for $10K now
It takes you same time to do both jobs or even more time to even do the $100 gig
Anyone can outsell you on price and beat you outta the game cause there’s already too much competition existing
What you wanna do is sell something from a different angle specifically to an audience focusing more on their pain points and how to help solve em
What you wanna do is sell something from a different angle specifically to an audience focusing more on their pain points and how to help solve em
You see stuffs being sold to pregnant women like Soft pillows to aid their backs for $20?
Angle it different
“Made to keep momma and child safe while supporting your spine and giving ease to safe delivery”
You see how I tug at emotions?
I could charge $200 just for that....
Angle it different
“Made to keep momma and child safe while supporting your spine and giving ease to safe delivery”
You see how I tug at emotions?
I could charge $200 just for that....
...... while others sell it at $20!
That’s 10X the price others do yet I will have more customers cause I made my product exclusive and targeted more at emotions
You can never win in a game of price.
Read on👇🏽
That’s 10X the price others do yet I will have more customers cause I made my product exclusive and targeted more at emotions
You can never win in a game of price.
Read on👇🏽
There will always be someone cheaper but there can never be someone like you
Ferraris are one of the most expensive cars in the world yet people buy
How many Ferrari do they need to sell to make a killing?
Uh?
Read on👇🏽
Ferraris are one of the most expensive cars in the world yet people buy
How many Ferrari do they need to sell to make a killing?
Uh?
Read on👇🏽
Toyota can’t compete with them because they attract completely different audience
Chances are you attract the typa audience you are.
If you are a cheap ass fella,ain’t no way you gon sell or charge prime prices for a product
In essence your personality flows into your product
Chances are you attract the typa audience you are.
If you are a cheap ass fella,ain’t no way you gon sell or charge prime prices for a product
In essence your personality flows into your product
So when next you’re about charging for a product remember it’s not about volumes,it’s about profit margins
You wanna hit $2Millie?
How many stuffs you gon sell for $200 to hit that?
Best thing is to sell stuffs for $1K and laser targeted emotions to.....
You wanna hit $2Millie?
How many stuffs you gon sell for $200 to hit that?
Best thing is to sell stuffs for $1K and laser targeted emotions to.....
....... a more smaller audience with higher profit margins
Brand your products build a tribe
You see what Apple does?
The unboxing experience alone is mad AF!
Y’all rave to buy upon each release cause you wanna belong to a “class”
Brand your products build a tribe
You see what Apple does?
The unboxing experience alone is mad AF!
Y’all rave to buy upon each release cause you wanna belong to a “class”
Are there no cheaper gadgets?
There are!
Then what does Apple do different?
They sell a feeling
You would soon be outta business if all you compete on is price
There are!
Then what does Apple do different?
They sell a feeling
You would soon be outta business if all you compete on is price
You can get many coaches at $1K/month
My consultancy charges $4997/month for my mentorship services
While my hourly consultation via Skype is $500
Do I need many folks to make a killing?
Nah!
Will they get results? Absolutely!
My consultancy charges $4997/month for my mentorship services
While my hourly consultation via Skype is $500
Do I need many folks to make a killing?
Nah!
Will they get results? Absolutely!
So if you think your products are cheap, wait till you see more cheaper people
You won’t last long in business if you’re competing with the likes of Amazon on prices
You only need people who will buy the experience of owning your products and be proud of it
You won’t last long in business if you’re competing with the likes of Amazon on prices
You only need people who will buy the experience of owning your products and be proud of it
That’s how you build a multimillion dollar business or brand
Always remember people buy experience not products.
I didn’t do $2,272,461.73 in 2018 selling with gimmicks and tactics for $37-67 you’re told to sell for.
I sell high ticket offers & high profit margina
Always remember people buy experience not products.
I didn’t do $2,272,461.73 in 2018 selling with gimmicks and tactics for $37-67 you’re told to sell for.
I sell high ticket offers & high profit margina
Sign up to my email list for exclusive content
But before you do, know this
-I will sell stuffs to you that will change your life
-I don’t want broke ass entitled motherfuxkers on my list
I only want winners on my list
Sign up to the money club
Ecomalchemist.com/subscribe
But before you do, know this
-I will sell stuffs to you that will change your life
-I don’t want broke ass entitled motherfuxkers on my list
I only want winners on my list
Sign up to the money club
Ecomalchemist.com/subscribe
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Tag peeps who belong to the winning club to check this out and win by following this page for more NOW!!
