044: Tactic Tuesdays: Money Is In The Problems
Manage episode 421959463 series 3550948
Ever wondered how you can turn problems into profitable ventures? On this episode of Brand Fortress HQ, we promise to reveal how tackling customer pain points head-on can lead to unwavering brand loyalty and sustainable growth. Inspired by the wisdom of Alex Hormozi, we explore game-changing strategies and real-world examples, including our pool product business, that emphasize the importance of high-quality, durable products and reliable warranties.
Frustrated by competitors always seeming to be one step ahead? We get it, and we’re here to help you channel that frustration into innovative solutions. From leveraging Amazon’s dynamic changes, including advancements in AI and new ad formats, to utilizing modified broad match in advertising, we discuss how being a first mover can be your golden ticket. Discover why venturing into difficult categories like electronics can be a goldmine when you focus on improving product quality and why quick hacks rarely lead to long-term success.
With Amazon's fees inevitably on the rise, how can you maintain profitability? We outline crucial strategies that involve understanding your numbers, exploring third-party logistics (3PLs), and building a loyal customer base independent of Amazon. Learn how to strategically use Amazon to build customer lists and shift your mindset to view problems as opportunities. We wrap up with actionable insights on team collaboration, emphasizing the value of seeking external expertise to find the most profitable solutions to business challenges. Join us and transform those daunting business problems into lucrative opportunities!
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Chapters
1. Profit in Problem Solving for Businesses (00:00:00)
2. Opportunities and Challenges for Entrepreneurs (00:07:20)
3. "Strategies for Amazon Fee Increases" (00:22:36)
4. Solving Problems for Profit (00:30:41)
60 episodes