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Simplify the Product Stack for Revenue Generation
Simplifying the product stack into a linear progression starting with an accessible product aligned with the lead magnet can lead to meaningful revenue generation. Introducing customers to the next step after the free offering helps in furthering their journey. Two products at this stage are adequate to drive revenue effectively. By analyzing the conversion rates and the value of products, businesses can optimize their marketing expenses efficiently. Specialized products for different audience segments require intelligent segmentation from the start.