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  • If you want to increase revenue in your business, use these 6 tips - 3 obvious and 3 non-obvious.

    Alexander Kovalov
    0 replies
    1/ Increase your Average Order Value (AOV) Consider offering discounts on additional products/services or prepayment options for longer periods. 2/ Create multiple sales funnels Tailor them with proportionately different Customer Acquisition Costs (CAC) for varying Average Order Value (AOV). 3/ Raise your product price by 10x Think about what would you need to change in your product/offer to justify this increase? And what value you need to provide for 2x the price? Start with this. 4/ Shift from B2C to B2B Explore the benefits of catering to businesses rather than individual consumers. 5/ Cut development costs in half Then, double your spending on sales and marketing. Focus on what drives revenue. 6/ Stop wasting time on small markets Find a bigger market to tap into and grow your business exponentially.
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