Episode #499
5 Simple Yet Effective Hacks that’ll Get Your Customers to Pay You Double the Money
December 12, 2017

On episode #499, Eric and Neil list five hacks that will help you make more money off your customers (particularly existing customers). Tune in to hear some great tips that will help to increase your profits! 

Time-Stamped Show Notes: 

  • [00:28] Today’s Topic: 5 Simple Yet Effective Hacks that’ll Get Your Customers to Pay You Double the Money
  • [00:35] Hack #1: Increase your prices.
  • [01:12] Hack #2: Add upsells and downsells. The easiest way to get more money, is to get your existing buyers to pay you more; it is easier to get people who are already paying you to pay more money.
  • [01:34] For example, GoDaddy offers 10-20 upsells or downsells when you are checking out.
  • [01:52] What Eric and Neil have found, is that upsells that offer speed and automation tend to have the highest “take rate”.
  • [02:22] Hack #3: Retain your customers. Use a program like Ask Nicely, as it will help you automate communication between you and your clients.
  • [03:06] Think about how you can retain customers and provide a service for them.
  • [03:50] Hack #4: Run re-marketing ads on YouTube.
  • [04:15] Do the “opposite” sales pitch; whatever you went with before, market it using the opposite tactic.
  • [04:57] Hack #5: Use Drift or a chat box program to keep in touch with customers.
  • [05:45] That’s all for today!
  • [05:46] Eric and Neil recommend the Problem Solvers podcast, because there is an episode about Burrow, the Dollar Shave Club for couches. To listen go to singlegrain.com/solve.

Leave some feedback:

  • What should we talk about next? Please let us know in the comments below.
  • Did you enjoy this episode? If so, please leave a short review.

Connect with us:

Discover Latest Episodes

Episode
Biggest winners and losers of Google AI Spam Update, 95% of agency work will be taken by AI, Do AI-generated images generate more or less engagement?
March 29, 2024

In episode #2709, we discuss the impact of recent Google AI updates on websites, highlighting winners like TechTarget and TechRadar and losers relying solely on AI-generated content. We also share a s...

Episode
Netflix posts to YouTube to steal back the traffic, Building startups via Telegram, and more
March 28, 2024

In episode #2708, We discuss various marketing strategies and trends, including Netflix's approach of posting clips on YouTube, the impact of social media on distribution, the decline of movi...

Episode
How Pat Flynn Built Deep Pocket Monster to 850k Subs In A Blink Of An Eye
March 27, 2024

Pat Flynn and Eric Siu share key insights for entrepreneurial success, emphasizing storytelling, overcoming comparison, and building community. They highlight the evolution of income reports and the i...