[75] Pricing Strategy, Marketing Focus, and Launch Updates

[75] Pricing Strategy, Marketing Focus, and Launch Updates

 
 
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Welcome to Bootstrapped Web Episode 75.

First we want to thank David Lizerbran, and J-Fin for their recent reviews. Really appreciate the encouraging words and thanks for leaving us a review.

This week we’re catching up on recent developments in our businesses. Jordan has been in New York working with his co-founder Ben for the last week. This kind of in-person work together with your team is so powerful, and Jordan tries to do it once every few months at least. He also noticed how being in a city like New York brings out networking and connection opportunities even for online based businesses.

Jordan has been deep in the marketing efforts of his business. Instead of straight outbound sales emails he has been doing outbound efforts to get potential customers onto a webinar they’re putting on about abandoned carts and ecommerce. This is adding an extra layer of value instead of just asking for customers to start a trial.

Jordan is also starting a podcast surrounding Carthook which he’s sure will drive new inbound leads, and if he can engineer the launch right it will land in the New and Noteworthy section of iTunes.

The last of Jordan’s updates is a change in pricing. From a variable pricing model based on recovered revenue now each customer is going to be charged a fixed price. This has been a bit of work but with clear expectations set with customers it has been going smoothly.

Brian has been deep into getting Audience Ops off the ground and is about 4 weeks into it’s launch. They have 6 paying customers currently with 2 additional customers waiting to start in the coming weeks. The challenge thus far has not been sales and marketing, but scaling the production of supplying the materials to customers initially. This is quickly becoming standardized and is streamlining well.

Aside from hiring writers to create the content of the articles and social media work Brian is in the process of hiring at least one Virtual Assistant and used Virtual Staff Finder to help select good candidates. These team members will be helping schedule WordPress posts, social media posts, and creating images that accompany those pieces.

As if starting Audience Ops isn’t enough, Brian is also creating a WordPress plugin that will help people with customized content upgrades for posts. This will be available in both free and premium formats soon.

The Productize course is also doing really well. May was the best month ever without a major promotion, likely the result of some marketing automation work Brian implemented a few months ago and are finally paying off.

If you’re enjoying the show, head over to iTunes and leave us a 5-star review.  Thanks!