2 builders who never spoke to each other
Sell the next thing to the people who already bought
The easiest sale available is a second one to a customer who is already happy, so design the next product for the audience the current one produced rather than starting from strangers. Where a piece of content pulls an audience that will not buy the product, the content itself is the thing to sell them.
The method
- 01
Build the next product for the audience that already bought from you, since a second sale to a happy buyer is the easiest one available.
- 02
Build the software that your own book's method requires, then sell it to the book's readers
- 03
If your show teaches, write and sell books and courses to that same niche audience; for a small teaching podcast this outperforms every other revenue model.
- 04
If your best content attracts a large audience that shows no interest in buying your product, consider selling the content itself rather than treating it purely as lead generation.
What it returned
- 60
Since going independent, roughly 60-70% of Justin's income came from his own books and courses, sold to listeners of MegaMaker and Product People.
Paul Jarvis argues repeated selling to the same audience compounds trust, and adds that anyone starting from nothing should sell services before products.
Readers who apply Authority's marketing advice need an email provider, and ConvertKit was designed around exactly those practices, which made converting Authority buyers straightforward
Readers suggested Zue turn his guide into a book or course, and he noted very few of them seemed interested in buying Pegasus.
Sources
- How to make money from your tiny podcastJustin Jackson · justinjackson.ca · In what ways can a small podcast earn revenue? · undated
- How to cheat at online businessNathan Barry · nathanbarry.com · Somewhere in the middle · 2013-08-06
- I don’t actually care about growth - Fathom AnalyticsPaul Jarvis · usefathom.com · Growth without growth · 2016-10-17
- I'm building a new product!Cory Zue · coryzue.com · Shipping the damn JavaScript post · 2020-08-02
the second source
Three plays a week, for the phase you are in
No roundup of links, no news. Three tactics more than one builder arrived at separately, with the numbers each one returned and the disagreements left in.
More in product
- Give away a tool that pulls its own audience7 unconnected
- Take many small shots instead of one big bet6 unconnected · contested
- Get it into real hands, or shape it first6 unconnected · contested
- Cap the hours and let the ceiling design the business6 unconnected · contested
- Set the bar for writing code deliberately high6 unconnected
- Buy nothing until there is revenue6 unconnected