Niche Pursuits Podcast: Find Your Next "Niche" Business Idea! How Mads Singers Helps Companies 5x Their Business While Working Less
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Oct 23, 2024 Mads Singer, a Danish entrepreneur and management expert, reveals his secrets to helping businesses skyrocket their revenue while working less. He discusses transformative strategies for maximizing visitor engagement, emphasizing the importance of improving SEO management over merely boosting traffic. Mads shares insights on effective monetization, creating impactful email funnels, and leveraging competitor analysis. He also highlights how understanding customer lifetime value can significantly enhance profitability, offering innovative ideas for success in various niches.
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Gardening Site Success
- Mads Singer's team acquired a gardening website in 2016/17 that initially earned $200/month through ads.
- Over 18 months, they increased revenue to $10,000-$11,000 by implementing new strategies.
Maximize Revenue per Visitor
- Focus on maximizing revenue from existing visitors by exploring funnels and alternative monetization strategies.
- Consider incorporating digital products and courses into your website's offerings.
Leveraging Existing Courses
- Source affordable courses on platforms like Udemy, potentially white-labeling or purchasing them outright.
- Build a sales funnel around these courses to direct relevant traffic and maximize sales.