grab the free blog launch guide & get started today!

Want to finally launch your blog?

grab it now!

3 Straightforward Ways to Increase Revenue This Month

As business owners, something that’s often on our mind is how to increase revenue each and every month. Even if you’re content with what you’re bringing in now, considering ideas and ways to grow your monthly income is always in the back of our minds.

3 Ways to Increase Revenue this Month

But, figuring out exactly how to do that can feel overwhelming and sometimes the first things we think of are creating new or more products, instead of just focusing on what we have in front of us. I’ve been guilty of this many times before.

Thankfully, I’ve learned there are 3 straightforward ways to increase your revenue month after month and none of them require you to create new products or do crazy dance videos on Tik Tok!

3 Straightforward Ways to Increase your Revenue This Month

1. Raise your Prices

The easiest and quickest way to increase your monthly revenue is to raise your prices. And if you’re thinking “I can’t just raise my prices!”—ask yourself, why not? Pricing is a very subjective thing and finding the right price point can be challenging.

But, if you’re at a place where you can’t take on any more work, but still aren’t earning what you want, a price increase is necessary.

RELATED: 5 Reasons Why It’s Finally Time for you to Raise your Prices

If you’re nervous about raising your prices, make sure to read the post linked above to walk you through how to do it the right way. Then, make sure to download my free pricing guide to help you set your new prices and feel confident with them.

2. Increase the Number of Repeat Buyers

Selling to someone who has already purchased from you in the past is actually a heck of a lot easier than trying to go out and find new customers.

Look at your offerings and make sure that you have multiple different products that tie together. When you do, it makes it easy for a previous customer to come back and want something else you have to offer, especially if they’ve had a good experience.

So, how do we bring those repeat buyers back in? Email! This is why it’s so important that you have an email list and are actively focusing on growing it. When you have a new product or service to offer, create a simple email to your list and shoot it out there. It’s easy to post it on social media a few times and think people have seen it, but that couldn’t be further than the truth.

RELATED: How to Start a Mailing List (& Why You Need One)

On social media, we’re browsing, often just looking for entertainment, not actual ways to grow our business. The conversion rate for email is insanely higher than social media, so make sure you’re sharing your offers with your email list frequently to encourage those repeat buyers.

3. Increase the Cart Size

You’ve seen this before whether you realize it or not. When business offer bundles, or last-second add-ons to your cart, or even the option to get free shipping if you only spend $11 more! These are all easy ways to increase the overall size of your cart.

When talking about your offers, talk about how two of them work really well together. You could even offer a special discount when people buy a bundled package of your services or products. This is such a great hack for digital products and courses because you’re not actually having to do any extra work or send actual product.

RELATED: The Beginner’s Guide to Creating an Online Course

You can use your cart service, like Thrivecart or Samcart, to add up-sells to your cart. This means a customer would add something to their cart and after they hit checkout, they’re brought to a limited time only page where they can add something else to their cart at a discount, but only at that exact moment.

Think about your offerings and where it could make sense to add-on an up-sell or create a relationship to another product of yours that makes it a no-brainer for people to select both items.

BTW, my September income report, and how to make money as a blogger.

Leave a Reply

Your email address will not be published.

Shop Showit Website Templates

Stunning Showit websites that seamlessly integrate with Wordpress and include a beautiful Showit blog template as well (perfect for content creators AND small businesses!). These gorgeous templates are 100% customizable, strategically-designed and easy to use.

A feel-good template to highlight your offers.

showit website template

Heather

details >

A warm & inviting template ideal for coaches.

showit website template

Eleanor

details >

A muted, cozy template to highlight your work.

showit website template

Estelle

details >

details >

A bold, whimsical and fun website template.

showit website template

June

learn with me!

THE COLLECTIVE

a community for female entrepreneurs to learn, grow & thrive

With a decade of design and content creation under my belt, I'm here to take your website up a notch (or 10) and allow you to bring more of your magic to the world. I create totally custom Showit + Wordpress websites and blogs, as well as gorgeous website templates to bring your business to life so you can earn more, book your dream clients and create the life of your dreams.

Web designer, SEO nerd, blogger, mama and artist

Hi, I'm Blair Staky

Freebies to grow your business

Get My Income Reports

Want to know the actual numbers? I share the REAL numbers each month with my subscribers.

My Fave Business Apps

Apps, software and tools that keep my business organized, profitable & running smoothly.

The Blog Launch Guide

A step-by-step guide to launching your blog the right way. Have a plan to monetize and grow from day one.

Quiz: Is your Business Set to Succeed?

Curious? Take the quiz and find out where your business lands?