The Game with Alex Hormozi

Free Stuff Sells: The Power of Lead Magnets | Ep 566

Jul 20, 2023
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ADVICE

Free Stuff Sells

  • Give away amazing free stuff (lead magnets) to get leads and increase sales.
  • People buy based on predicted future value, demonstrated by giving value upfront.
ADVICE

Complete, Not Partial Solutions

  • Your lead magnet should not be a partial solution, but a complete solution to a narrowly defined problem.
  • Don't give away partially done work; provide complete solutions to specific pain points.
ADVICE

Discounted Offers

  • Offer discounted or trial services/products as lead magnets to attract more customers.
  • Calculate the cost of your lead magnet against the potential increase in customer acquisition and overall profit.
Get the Snipd Podcast app to discover more snips from this episode
Get the app