How To Increase Your Revenue Of Your Online Business (6 Proven Ways).

Most people think they need to work harder and longer hours to increase revenue.

But that's not the truth.

When I began my journey of entrepreneurship, my goal was to do more make as much money as physically possible. I wanted to make more than enough to live comfortably, spend more time with friends and family, and travel the world.

Fast forward 2 years, and my mindset remains the same.

Here, I'll go over the 7 things I did that changed the game for me and finally allowed me to start making serious money online.

Let's get into it.

7 ways to increase your revenue

1. Promote your products and services

2. Make your offerings accessible

3. Create urgency by giving a limited-time offer

4. Give more than you take

5. Provide value quickly

6. Get Your Best Customers to leave reviews/testimonials

1. Promote your products and services

I talk to a lot of regular, and most of them have one common problem:

They have a gut-wrenching hesitation to promote themselves.

The harsh realization I had was that in order to be a successful entrepreneur, you have to be famous.

And to make sales, people about your offer. You can't assume they'll magically find your website and buy from you.

Promote yourself online every single day:

- Your work
- Your brand
- Your opinions
- How you think

People will either:

- Love you (customers)
- Hate you (who cares)
- Join you (network)
- Follow you (students)
- Ignore you (already are)

Other ways you can promote your products and services without being aggressive include:

• Showing testimonials about your work from past clients

• Sharing your availability on social media (if you offer a service)

• Presenting case studies of impressive results you've generated

• Inviting people to sign up for your email list, where you share subscriber-exclusive value for free (while again, reminding them about your offerings)

2. Make your products accessible

Besides promoting your products, also make them accessible to your target audience no matter where they are.

It takes a significant amount of trust-building and nurturing to persuade someone to invest in a high-ticket deal like that.

And you run a greater risk of completely disappointing them if your value doesn't match up to the price.

3. Create urgency by giving a limited-time offer

Offering limited-time discounts, coupons, and special offers is an effective way to boost sales.

Here's why:

When people know that a special deal is only available for a limited time, it sparks a sense of urgency and fear of missing out (FOMO).

This motivates them to take action and buy sooner rather than later. Those on the fence about your product because of its price may be more likely to convert into customers.

The psychological impact of urgency combined with a compelling discount can drive sales, attract new customers, and generate excitement around your brand.

Do this sparingly, and it can be a win-win — you earn more money (through higher sales volume) while giving others the satisfaction of a great deal.

4. Give more than you take

Building a loyal customer base takes time, effort, and a willingness to give more than you take.

The 80/20 rule applies here:

Provide value to your audience most of the time (80%) and promote your services and products occasionally (20% or less). This is a powerful way to gain people's trust and increase the chances of them buying from you in the future.

Remember, nobody likes feeling like they're constantly being sold to.

So, focus on giving something valuable first. It could be useful information, tips, or resources related to your industry.

And when you promote, make sure it's in a way that adds value and doesn't come off as aggressive or pushy.

5. Provide value quickly

People are busy. They want to get from point A to point B in as little time as possible.

Knowing this, you'll get more sales if you can solve their problems quickly.

Bonus: Boost customer loyalty by offering a referral program where people earn rewards or a percentage of sales revenue when others sign up through a unique link.

6. Ask happy customers to leave a positive review

Gathering social proof should be a top priority for every single entrepreneur.

It's a crowded space out there and testimonials are an easy way to stand out.

So, make it easy for people to see why they should do business with you!

The best way to do this is to provide a stellar customer experience and encourage happy customers to leave feedback.

When potential buyers see positive reviews, testimonials, or endorsements from satisfied customers, it builds credibility in your offerings.

Social proof is evidence that your products and services are high-quality and worthwhile. It makes people more confident in making a purchase, leading to higher conversion rates and increased revenue.

7. Boost your visibility with ads

Right now, 100% of my revenue comes from facebook ads

Not all ads are equal, so be strategic with online advertising.

Don't throw money at any platform out there and hope for the best. Instead, find your right audience and deliver a message that resonates.

Remember that nobody knows it all from the get-go. I learned my best lessons from failing and f*cking up so bad that I had no choice but to tell myself I could never do this same mistake again.

Hope you enjoyed this one

-Toussaint