Episode #498: 5 Ways to Increase Your Order Value During Your Black Friday Promotion
Marketing is hard work. It takes a lot of time and energy to acquire a new customer.
And while we wish every customer would become a repeat customer, many just buy once and are never seen again.
So what if, instead of putting in a lot more work to acquire another customer, you put in a little more to get a newly acquired customer to spend even more with you than they originally planned?
I’m talking about increasing your Average Order Value (AOV).
In today’s episode - I share with you 5 Ways to increase your AOV and make a lot more money with only a bit more work.
This episode’s rundown:
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[00:00] My big move!
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[02:18] Strategies to increase your Average Order Value (AOV)
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[03:34] Get our Holiday Marketing and Content Bundle with insane FREE bonuses
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[05:31] Hummingbird Rising: Your setback is your comeback
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[08:12] Sell 20% more product to each customer on average
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[11:08] Create a win-win between you and the customer
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[14:29] Add value and charge more without increasing costs *much*
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[16:11] Give a shopping experience
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[18:20] Get your customers to buy now and fall in love with the item
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[20:23] Make it easy on yourself - let us help you
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[21:22] Give us feedback and spread the word!
Here are the resources mentioned in the show:
Join the Holiday Sales Challenge
The Holiday Sales Machine Marketing + Content Bundle
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xo, Tracy Matthews
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