Giving people something they want is easier than you think. Instead of perfecting an untested product, focus on testing the offer. For gym owners, a case study showing how to fill gyms in 30 days was a simple and effective solution. Lead magnets engage leads and offers are what you promise in exchange for something of value. Advertising your core offer can be the direct path to money, but sometimes people need more information. In that case, use a lead magnet to attract leads interested in your stuff. Like salty pretzels at a bar, lower cost or free offers attract leads who are more likely to buy your higher cost offers later.
“The business that provides the most value wins, period.” In this episode, Alex (@AlexHormozi) discusses the importance of understanding what a lead is and how to engage them effectively. He also covers creating lead magnets and offers to attract engaged leads.
Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.
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Timestamps:
(0:17) - Get Understanding
(0:50) - Leads Alone Aren’t Enough
(2:38) - Engage Your Leads
(8:47) - Making a Lead Magnet
(32:09) - Conclusion
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