Are your products as profitable as you think? Dive into the essentials of product profitability and discover how to create healthy margins, even for seasonal discounts and promotions.
▶ GET THE PROFITABILITY TOOL WE USE: Easily price your products and ensure healthy profit margins in order to maintain strong margins during any promotional period. [ Ссылка ]
Wondering if your offers are truly profitable, especially with the holiday season approaching? In this video, Caitlyn, founder of Upwell Strategies, walks you through a step-by-step guide to conducting a product profitability analysis.
Learn how to factor in all related expenses and how to optimize your product pricing. In the video, I also cover how to set prices that allow space for discounts during promotional periods while maintaining healthy profit margins. Watch now to ensure your offers are financially sound and ready for seasonal sales.
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✨ WORK WITH UPWELL STRATEGIES ✨
➟ Shop The Visionary Vault: The Visionary Vault provides ambitious CEOs with tried & tested templates and resources to elevate their business strategy, streamline operations, and enhance planning. Our curated toolkit empowers leaders to scale efficiently and transform their strategic vision into measurable results. [ Ссылка ]
➟ Book a Done-For-You Systems Audit & Strategy: Receive a thorough analysis of all operational aspects of your business, complete with a clear path for optimization. During the project, we work closely with you to understand your goals and challenges, assess your current operations, and identify key gaps and opportunities. We then craft a detailed strategic plan, complete with actionable steps and expert recommendations, to help you achieve your vision with clarity and focus. [ Ссылка ]
💡ABOUT CAITLYN 💡
I'm Caitlyn Wells and I’m the founder of Upwell Strategies, an operations agency that’s here to build the foundational systems, tools, and processes that will keep YOU creating for years to come.
At Upwell Strategies, we don’t do cookie-cutter solutions or “one size fits all strategies.” We’re here to understand EXACTLY how you and your brain like to work, so that the behind-the-scenes of your business works best for YOU.
I’ve supported 55+ clients while building complex + custom solutions in key capability areas like client experience, tech + software, and operational strategy. Past projects include CRM setup, marketing funnel builds, project management software setup, process automations, and SOP creation (just to name a few).
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❤️ MY CLIENT WINS SOUND LIKE
- Organizing your files, processes, and systems for how YOUR brain works
- Building a CRM solution that reduces the time from proposal sent to invoice paid
- Optimizing your digital footprint to shorten your lead time to conversion
- Establishing the right process documentation so your team can work without you
- Enjoy more of the day-to-day work you love doing, not stressing about the details
TIMESTAMPS
01:00 Key Considerations for Product Profitability
03:02 Using the Product Profitability Planner
04:28 Discount Strategies and Profit Margins
07:06 Digital Products Profitability
10:24 Conclusion and Additional Resources
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