I discussed 7 different ways to double up your profits in an earlier blog post. In this article, I am focussing on building more revenue for your business.

[Bonus] You will find some random ideas I brainstormed for making it possible:

Get More Customers

  • Increase your customer base
  • Bump up your marketing efforts
  • Build your authority figure
  • Get a front-end offer (a small ticket offer to onboard a client)
  • Hire more experienced salespeople who have already been there and done that
  • Get advice from experts. Hire a coach.
  • Get your messaging clear on the product or service. Hire a copywriter to sketch it out for you
  • Use social media to generate more leads. Put up youtube videos, use Twitter, LinkedIn, and Facebook
  • Build up your email list
  • On-board JV partners, bring in more clients through them

Increase your prices

  • Increase the price of your product to at least 50% above market price – this gives your product some additional perceived value. Of course, you should deliver the value and the product should be worth paying for
  • Add a bonus and increase the price
  • Add more value to your product and increase the price

Get People to buy more from you – Increase the Customer Life Time Value (LTV)

  • Add upsells to your product – build up your value ladder
  • Sell products of your JV partners to your existing customers
  • Add additional product lines to your business
  • Add different versions of your product
  • Provide training packages
  • Provide consulting packages