I have worked with a lot of product-based business owners over the years both one-to-one and in a group setting. I continue to hear the same problems over and over again. I am sharing the top seven mistakes I see product-based business owners make on the Product Biz Made Easy Podcast, so you won't make them.
You'll walk away from this podcast knowing.
1- How to price your products so you always have a healthy gross margin.
2- Why you need to be strategic about when you launch new products and when to reach out to buyers about specific seasonal products.
3- Why the riches are in the niches.
4- The three things your customers need to know within 6-8 seconds of hitting your website.
5- Why you should start planning your promotions.
6- How not knowing your numbers is killing your business.
7- Why you have to have promotions.
Listen to the podcasts here so you don't make the mistakes we talk about in the podcast.
If you enjoy this week's podcast...
Did you know only half of the businesses that start will make it five years?
And only one-third of those that make it five years make it to 10 years.
Today we're talking all about why businesses fail, and how you can make sure that this doesn't happen to you.
One of the top reasons businesses fail is they have a complete lack of a unique selling proposition.
What is a unique selling proposition? It is what sets you apart from the competitors. How do you run your business in such a unique way that you're different from the competitors, or how are your products different? You want to be thinking about this because this is one of the most important things for you to do to make your competition irrelevant. If you don't have a unique selling proposition, then you're just a me-too and part of the pack. You want to be figuring that out so that you can separate yourself from the competition. I did a webinar on this, Blueprint To Building A Product Brand That...
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