Salary Prompts 🤑

Welcome back! Apparently, AI prompts really are the new digital gold. How do we know? Well, job titles like “prompt engineer” are bringing in some INSANELY high salaries.

We’re not going to spoil the surprise, but whatever you think that job pays... it’s higher. Here’s one posted salary that almost made us spit out our coffee ☕

Oh, and it doesn’t require a “tech” degree either…

Here’s your full rundown this Monday morning!

• Prompts - 7 Tips For Creating Better AI Prompts

• SEO - Did The March Update Impact You?

• Taxing - The Biggest 2023 Tax Changes

• Entrepreneurs - Why So Many Lose Everything

• Funnels - The Only 5 Elements To Focus On

Lurn Bytes: Your Daily News Download

7 Tips For Creating Better AI Prompts - your ChatGPT output is only as good as the prompts you input, right? So how exactly do you create the PERFECT prompt that delivers you the exact content you need. Start with these 7 steps…

Full Breakdown: March Google SEO Update - Have you noticed any changes in your SEO rankings? The March update is officially behind us, and the full analysis of important changes is finally out. Make sure to double check you’re following all the best practices…

Tax Season Is Here - Biggest Changes To Know - Every year there are changes to our taxes that end up catching many of us by surprise. The earlier you plan for these changes, the less pain you’ll end up causing yourself when filing. Make sure to check this out ASAP!

Watch Today’s Video Now!

ICYMI - Why So Many Entrepreneurs Lose It All…

We got a TON of feedback on last week’s podcast - so we’re re-sharing it in case you missed it!

Here’s why it hit home for so many…

There’s a strange phenomenon Anik’s seen with online entrepreneurs over and over. So many find early success - some even make that first $1 million. But at some point, many of them end up losing everything…

He knows from experience. It’s actually happened to him twice!

It’s also happened to Scott Oldford, who he brought onto the podcast this week.

Scott’s story is absolutely crazy. Despite losing it all and finding himself in crazy debt at just 19-years-old, he built himself back from scratch and now runs a portfolio of companies that generate over $100M a year!

And he’s in all sorts of fascinating niches and industries. He dove deep into those and SO MUCH more during this talk.

The amount of “golden nuggets” in this episode is insane.

Watch now and let us know what you think in the comments!

48%

That’s the number of “cart abandons” attributed to extra costs like shipping, tax, or fees, according to StartupBonsai. That’s why a gift of “Free Shipping” can be huge for any business.

The (Only) 5 Things Your Funnel Needs!

For years we’ve seen the same mistakes when it comes to sales funnels. For some reason, people ALWAYS seem to make them too complicated!

A high-converting sales funnel is simple and straightforward.

We’ve been saying that (and practicing that too!) for years. And we still keep seeing overcomplicated sales funnels that don’t convert very well.

Today we’re laying out the 5 pieces every sales funnel needs. That’s right, a good sales funnel only has 5 core pieces to it. Adding in extra pieces will just muddle your message.

Here they are…

#1 - A SIMPLE Ad

The first thing you need is an ad - but remember to keep it simple. Too many people try to SELL their product in the ad.

That’s a mistake.

The ONLY purpose of the ad is to get a click. Let the rest of the funnel do the work of selling. The ad is just for grabbing the reader’s attention.

#2 - An Opt-In Page

You’re NOT selling here either. But too many people try to do that!

The opt-in page is where the customer lands after seeing your ad. This is also where you follow-through on what you promised in the ad. Give them a free gift or discounted item in exchange for their email address.

Instead of selling, you get their email address and continue the relationship.

#3 - The Low-Ticket Offer

THIS is where you finally start selling.

After they’ve opted in, give them the opportunity to purchase something inexpensive. This is often called a “tripwire.”

It’s meant to get the customer in the habit of purchasing.

#4 - The Mid-Ticket Offer

Once the “purchasing process” has begun, it is MUCH easier to sell higher priced items.

Moving up from the smaller-ticket item is a mid-level item. These aren’t super expensive, but they are definitely more expensive than the smaller-ticket item. Think of anything in the $30-$99 range.

Just make sure you provide more value in line with the price.

#5 - The High-Ticket Offer

This is where the real money is made.

If the customer likes your mid-ticket offer, there’s a strong chance they’ll buy your more expensive offers.

High-ticket offers are usually more personal or higher in value. Think of things like access to a paid, exclusive webinar, or access to a private event. These can cost thousands of dollars per item.

Those are the 5 key elements of a sales funnel. Of course, there are limitless ways to personalize and customize your funnel to your product and business!

ICYMI - The Biggest Stories You May Have Missed

New Amazon Feature Highlights More Social Proof - This is awesome. Amazon is now showing how many sales items have in the last week. One example shows “30k+ bought in past week.” This is some of the most powerful social proof we’ve ever seen. This is BIG…

BNPL Takes Off - Is It Right For You? - The “Buy Now Pay Later” feature is gaining steam as inflation remains stubbornly high. Some surprising sectors have seen huge growth in consumers deferring payments. For entrepreneurs, this is a HUGE trend to jump on…

3 Ways to Protect Yourself From A Recession - Are we going to hit a recession this year? Are we already in one? Well, the answers to both depend on who you ask. But one thing everyone agrees on is the economy is on shaky ground, and it’s always best to be prepared…

We Want To Hear From You!

Drop us a line and lets us know what you think or what you'd like to see more of at [email protected].

For any other questions, please reach us at [email protected]