$100M Offers - Deepstash
$100M Offers

botlhale klassen's Key Ideas from $100M Offers
by Alex Hormozi

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What is an offer?

What is an offer?

  • An offer is what you are literally providing your customers in exchange for their money.
  • The only way to conduct business is through a value exchange. The offer is what initiates this trade. 

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683 reads

What Does It Take To Grow A Business?

What Does It Take To Grow A Business?

Having a Grand Slam Offer Helps With All 3 Requirements Needed For Growth

  1. Get more customers
  2. Increase their average purchase value
  3. Get them to buy more times

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588 reads

Commoditized vs Differentiated Services

Commoditized vs Differentiated Services

If a prospect compares your service to another and thinks “these are pretty much the same, I’ll buy the cheaper one,” then they have commoditized you.

  • Commoditized: Price Driven Purchases (race to the bottom)
  • Differentiated: Value Driven Purchases (sell at higher prices than your competition)

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Steps To Building A Grand Slam Offer

Steps To Building A Grand Slam Offer

  1. Find The Right Market: There is a market in desperate need of your abilities. You need to find it.
  2. Charge What It's Worth: The goal of the Grand Slam Offer will be to get more people to say yes at a higher price by increasing our value to price discrepancy.
  3. Create Value: Make things immediate, seamless, and effortless. If you can reduce your prospects’ true time delay to receiving the offer, and your effort and sacrifice is zero, you have an infinite valuable product.

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430 reads

Become A Solution-Based Business

Become A Solution-Based Business

As a business owner, try to increasingly approach problems to find psychological solutions, rather than logical ones.

  • Logical solution: make it cheaper
  • Psychological solution: make fewer of them and raise the price which causes people to want it more.

So to increase value with all offers, we must communicate perceived likelihood of achievement through our messaging, proof, what we choose to include or exclude in our offer, and our guarantees.

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392 reads

Steps To Becoming Solution Oriented

Steps To Becoming Solution Oriented

  1. List All The Problems Your Prospect Has - Think of ones they will experience before, during and after your service delivery.
  2. Transform Problems Into Solutions - Simply turn them by thinking, “What would I need to show someone to solve this problem?” 
  3. Brainstorm How You Could Solve These Problems - This is what you are going to deliver. Look for high value, low cost solutions.
  4. Enhance The Offer - Use scarcity, urgency, bonuses and guarantees to make your offer attractive

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382 reads

The Last, Easy Step 🤫

The Last, Easy Step 🤫

We must appropriately name our offer to attract the right avatar to our business. True to the moniker, people do judge a book by its cover. 

Here’s an example. Say you see a “Free Six-Week Stress Release Challenge” and a “Float Tank Center Session.” While they may be the same thing, just named differently, you’re much more likely to respond to the first. 

Name properly by 1. Make a Magnetic Reason Why 2. Announce Your Avatar 3. Give Them A Goal 4. Indicate A Time Interval

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358 reads

IDEAS CURATED BY

botlhaleklassen

welcome 🤗, sharing my obsession with non-fiction books about marketing, business, productivity, relationships and spirituality🤍

CURATOR'S NOTE

This book is about how to make profitable offers for service-based businesses. A must-read for companies struggling to make sales and want to make massive profits 💸.

“

Different Perspectives Curated by Others from $100M Offers

Curious about different takes? Check out our book page to explore multiple unique summaries written by Deepstash curators:

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