What if I showed you a simple way to increase your margins in your business? What if I told ya that you could make this happen over the next few minutes? Would you be interested? I mean, you already did the work to get people to your online store, now lets increase the amount they spend when they go there!
I want you to get to know today’s guest expert, Dean Graziosi!
He has been doing this for 30 years…I know! Dean is one of the most successful investors and entrepreneurs right now.
Who Is Dean Graziosi?
I am embarrassed to say that up until three years ago, I had no idea who he was. Dean is one of the most successful people on the planet, but he would be the first to tell you things weren’t always this way. He didn’t grow up living a comfortable life. His parents were always financially struggling and he never even had the chance to go to college. In his early twenties, Dean opened a collision repair shop and started fixing cars. He also started buying and selling real estate with no money down.
Through these experiences, Dean wanted to help others understand that they had control over their own lives. He wanted them to know that they didn’t have to be stuck in their circumstances. Because he never gave up, Dean went from being a scared, dyslexic kid, to becoming a New York Times bestselling author, a successful investor, and an entrepreneur who has started over thirteen companies. Now he is sharing what he knows about how you can increase your margins in your own business.
Knowledge Is the New Currency and the Way to Increase Your Margins!
Supplying information is one of the best ways to add digital products to your physical ones. Think of the effect you have on someone when you give them a physical product. Once, I gave my daughter, Bridges, a gift and she started crying. People are buying physical products because they can touch them, see them, and feel the emotion on the other person’s face. So leading with a physical product wins, but the next step to increase your margins is to add a digital product to that physical product.
When you add a digital product to what you’re already offering in your online store, you create a deeper connection with your customers. By doing that, you’re serving them at a higher level. Not only are you selling them something they need, you’re also helping them learn how to use it! Even better, adding a digital product doesn’t have to cost anything! You don’t have to put digital products in inventory. You simply have to share them with others. This means that you’ll be producing more and saving more! Best of all, when those digital products sell, you’ll also be making more!
So, you might be thinking, “All of this sounds nice, but practically speaking, how does it work?
How can I use digital products to increase my margins?”
For example, say you’re selling jewelry or clothing. How can you add a digital product to a pair of earrings? Or a shirt? Could you provide a PDF on all the ways you can wear it? Could you include a digital download on how to clean them so they last longer? Are you selling candles? Why not also add a digital download that teaches your customers how they can use them for aromatherapy? Selling yoga mats? Why not also sell a yoga course or a worksheet on mindset or some basic stretches? By doing this, not only are you building a better relationship with your customers, you’re also supplying them with helpful information and putting more money in your pocket. It’s what I call the concert experience!
Forbes says that the digital product industry is one of the fastest-growing industries in the world. Get this, they predict that by 2025, a billion US dollars will be spent every day on digital products. Do you want to be part of this? Do you want to increase your margins? Because I do!
Here is how you can signup to learn how you can leverage digital products to increase your margins.
All you have to do is 3 quick, easy things:
1. Click this link and sign up for FREE here.
2. Then you will be redirected to the Own Your Challenge. Sign up there as well.
3. Check your email for a link to my exclusive Facebook group.
Can't wait to see you there!
This Week’s Top 10 Takeaways
- Especially now that we are socially distanced, we must be virtually connected.
- If you don't own your future, no one else will for you.
- When people don't pay, they don't pay attention.
- How do you stay current? You learn from people who are thriving right at this moment.
- Never stop being a learner.
- If you're not climbing you're sliding
- If you get in the mindset, “That's not for me,” you will miss out on a massive opportunity.
- Do everything scared! That's where most people stop, but that's where growth happens.
- Knowledge is the new currency.
- Adding the digital product can serve your customers at a higher level.
