The Game with Alex Hormozi Create Things That People Never Stop Buying | Ep 349
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Nov 25, 2021 Discover the secrets to creating products that people will always want! Learn how to optimize for never-ending demand by delivering exceptional value. Explore a simple three-step strategy for promoting, optimizing, and delivering value to boost customer loyalty. Uncover ways to maximize profits while reducing costs, ensuring your business thrives. Plus, you can grab a free resource to aid in scaling your efforts. Tune in for insights that can lead you from startup to billion-dollar success!
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Building Fortunes
- The key to building wealth in business is selling products or services that people consistently need.
- Focus on offering something so valuable that customers never want to stop buying it.
Customer Surplus
- Structure your offerings so the value greatly exceeds the price, creating a customer surplus.
- This makes customers less likely to churn due to perceived exceptional value.
Models Over Methods
- Transition from selling one-time methods to selling adaptable models that evolve over time.
- This creates a lasting need for your product or service and improves customer retention.