How Profitable is Selling Digital Products on Amazon?

By: Corey Philip | Updated: January 28, 2023

Over the last two decades, Amazon has become, by quite some distance, the largest e-commerce or online store globally. While most people directly associate Amazon with selling billions of dollars’ worth of physical products, few understand the enormous and profitable upside of selling various digital products on the global platform.The financial benefits will be significant if you can create and market a desirable digital product to sell on Amazon’s global e-commerce platform. On Amazon, digital products can be sold to a global audience the same day they are uploaded to the site, making the venture

Explained: The Business Model of Selling Printables on Amazon

By: Corey Philip | Updated: January 27, 2023

Over the last few years, printables have become one of the most effective and profitable online passive income approaches. A printable is a digital file that anyone accessing Amazon’s global e-commerce platform can instantly and repeatedly download.Creating a desirable and marketable printable is the initial and main challenge that any seller must overcome. However, the benefit of selling digital downloads is that it requires almost no overhead or significant financial investment.While there are various online platforms to sell your unique and creative printables, placing them on the global Amazon e-commerce store will give you the

A Sales Professional Approach To Your Leads For Growth Minded Contractors

By: Corey Philip | Updated: June 12, 2019

“I know exactly what I want. My budget is whatever you charge. I just need a little push with a sales pitch” That’s what we call a good lead. The reality though is that’s just a very small percentage of leads — it doesn’t matter what your lead source is (referrals included). Back in March I made my sales team start classifying each lead as ‘good’ or ‘bad’ on in-take. No specifications. That month, 800 came in, less then 5% were tagged as good (service calls or upsells from service were not tagged). Yes, even

How To Handle Crappy Leads

By: Corey Philip | Updated: May 1, 2019

“I know exactly what I want. My budget is whatever you charge. I just need a little push with a sales pitch” That’s what we call a good lead. The reality though, is that’s just a very small percentage of leads — it doesn’t matter what your lead source is (referrals included). Take a look at this lead that came into my company by text message. What would you do if you got a lead like this? Customer: I just want prices. I don’t want a conversation. Text me. That’s the best thing. How many

Setting The Record Straight On Free vs Charged Estimates

By: Corey Philip | Updated: September 14, 2018

To Charge or Not To Charge… That is the question. Running around doing ‘free estimates’ is time consuming; and time is money. Not only are there the direct costs of gas, vehicle depreciation, and time, but then there is the opportunity cost of your time which could be spent on an activity that produces a better ROI. I have published on this blog, in multiple posts, that you should charge for quotes, and qualify customers by phone, usually throwing out a ball park price and getting a verbal ‘ok’ before proceeding. I even wrote a

Big Names Commoditizing Home Services — What Now?

By: Corey Philip | Updated: August 21, 2018

https://youtu.be/eY_m5mSsjZA IN THIS VIDEO, WE WILL TALK ABOUT: How these giant companies are commoditizing home services Its impact on trades businesses and The possible threats associated with it FULL TRANSCRIPT: Today, we’re going to be talking about big names commoditizing home service space. Now, unless you’ve just been living in a coma for the last five years, you’ve no doubt experienced and seen this stuff happen first hand. We have big names, outside companies, sometimes companies that are just, nearly for the sole purpose of getting into the home service space, backed by extreme

5 Realizations That Will Change The Way You Market and Sell

By: Corey Philip | Updated: August 10, 2018

https://youtu.be/w0sjC3RYnYk Links mentioned: The Valve Stem Sales Strategy – http://contractormomentum.com/infographic-the-valve-stem-sales-strategy-close-more-sales-using-story-trust-without-sales-tactics/ Plumbing Website Teardown: Not An Award-Winning Design But Likely Profitable – http://contractormomentum.com/plumbing-website-teardown-not-an-award-winning-design-but-likely-profitable/ How To Sell To Four Different Types of Buyers – http://contractormomentum.com/how-to-sell-home-services-to-4-different-types-of-buyers/ IN THIS VIDEO, YOU WILL LEARN: Why it’s crucial to understand your buyers’ challenges and identify what type of buyer you’re dealing with About a structured sales approach that isn’t pushy How to maximize your time by automating your follow-ups Why your website should be least of your worries FULL TRANSCRIPTION: In this show, I covered fives pieces of clarity that will

When to Adjust Pricing for a Specific Home Improvement Project

By: Corey Philip | Updated: August 7, 2018

Whether you’re a brand new company or have been around for a while, you know that pricing your projects correctly can be one of the trickier parts of running a business. Finding the right balance of being competitive, reasonable, and making a profit will probably take some trial and error. Even once you have set up your prices for specific home improvement projects, there may be times when you need to consider adjusting those figures. Let’s delve into the details of when and why you may have to do so: New in business As a

From Zero to Hero: Six Words That Can Radically Improve Your Closing Rate

By: Corey Philip | Updated: July 13, 2018

https://youtu.be/B85204SHdN8 IN THIS VIDEO, LEARN HOW YOU CAN IMPROVE YOUR SALES NUMBERS BY: Incorporating a simple six-word phrase into your sales process He also shares with you his secret on how he fully equips his team to become effective sales agents — including the inexperienced and total newbies to the industry. FULL TRANSCRIPTION: From Zero to Hero: Six Words That Can Radically Improve Your Closing Rate. Now, if I heard that I’d probably think there’s something gimmicky coming. Some cliche pushy sales tactics. Maybe a Jedi mind trick of sorts but if you’ve listened to

The Ultimate Guide To Subconscious Marketing & Sales Techniques In Home Services

By: Corey Philip | Updated: July 6, 2018

In an increasingly complex, competitive marketplace, there are more and more companies vying for customer’s time. And those customers have an increasingly shrinking attention span. According to a recent study by Microsoft, people now have an average attention span of just 8.25 seconds before losing concentration, less than that of a goldfish. So, how do you capture people’s attention in a way that makes them choose your brand over any of the others in your area? Market to the subconscious In addition to the paid campaigns that you’re running, there are several ways that you