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- 👊 Domi's favourite Things - Issue #32
Read time: 3.50 Minutes
Servus Friends, 👊
last week we covered how you can build your first Growth-Team, in the Grow Issue. 📈
Today we dive into how you can Price your Products of Service at the right Level.
And in the Social Corner, I bring you first Hand Advice from a 100 Million SaaS-Founder with one of the Best Market Research Tools called Reddit. (You my heard before - Wall Street Bets)
So keep reading Friends…
The Things we are digging in Today:
🧑🤝🧑 How you really anker your Price 🤑
🦺 Domi’s „Building in Public“: 🚀 First Things First at Twitter/X 👨💻
#Reddit-Box: The SaaS-Journey from 0$→100m$→0$ in 5Years 🧨
#Domi's favourite 5 - Random Price Edition 💰
# 1 - 🧑🤝🧑 How you really anker your Price 🤑
Let’s talk about Pricing.
Why you may ask?
Because nearly every Business is shit in Pricing. Even if we look at Apple. Their Price-Points between the different Mac’s or Ipad’s looks somewhere off to me.
Pricing done right is not only making you richer. It can also drive your Sales in higher Directions. Think of Luxury Brands here. Their Products are often not that better, but the high Pricing makes them scarce.
Another great Tactic in how you can influence the Customer with Pricing is the following Example here:
So yes you should definitely invest some Hours in learn more about Pricing.
Or at least the next 20 Mins with this Video from famous YC-Partner Kevin Hale…
It’s maybe not obvious, but Pricing is a Key Part of your Growth Strategy. That’s why I brought this up to your Attention here.
You don’t need a lot of deep Knowledge. Some Basics Tactics are enough to win against your Competition.
# 2 - 🦺 Domi’s „Building in Public“: 🚀 First Things First at Twitter/X 👨💻
Welcome to my Public Building Section. This is where you can sit next to me in the first Coach of the Rollercoaster and learn with me together…
So Twitter is on…
A powerful but hard Social Network. Lot’s of Noice. And the only Way you find traction there, is to stand out.
But how? Let’s turn to Hypefury.
Like Buffer, which I showed you to automate everything in LinkedIn, Hypefury is the Go-to-Tool for Twitter.
And they run one of the best Newsletter Welcome Campaigns I ever saw…
They just made a Free Email Course in how you can grow on Twitter. Not how to use their Product. First of all they really try to help you. Then they sell their Product.
For me this is the King Way of turning Customers into Fan’s. And they definitely made me into One.
But what are the Key Tactics to grow on Twitter? And the Strategy I use to grow on Twitter?
I will tell you now…
1) Be Precise
2) Show Value
3) Eye Catching
These are just some tips I will follow. Next Week I show you my new Profile and first Test-Tweets.
So stay tuned.
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Let’s see how this Experiment goes. Don’t forget we are here to learn more about this Channel. If I ever come to the Conclusion that an other Way is better, we can stop immediately. So no rush.
#Reddit-Box: The SaaS-Journey from 0$ → 100m$ → 0$ in 5 Years 🧨
This Time a short Excurse to our Friends of Reddit. Where famous CEO’s talk out of their Box of Secrets.
Reddit is famous for AMA’s (Ask-me-Anything) with secret Experts. You can ask anything and you get answered anything.
So Reddit is a great Place to learn…
Just a quick Pro-Tip: If you looking for validating a Business Idea or find new Input, Reddit is a great Place to start your Research. You can find People and Future Customers to nearly all sorts of Topics here.
Use this for your Advantage…
But Back to the Story. The following is an AMA-Conversation between the Users and a CEO which blowed up his SaaS-Business with VC-Money.
And you can learn here some important Rules and why bootstrapping your Business or Project can often be the better Idea.
Enjoy the Sub-Reddit….
Two great Learnings from here: 1. Use Reddit as a Customer Research Tool. 2. Be wise in Terms of VC-Money. Just take what you really need and be careful of the Backfire.
#Domi's favourite 5 - Random Price Edition 💰
Here some cool Reads from last Week:
Feedback please! Help me to improve for more fun Stuff.
Click on a link to vote:
Meme of the Week
Hey Nanna I work in Tech, my Main Topic is Backend-Engineering… You understand or? 💻
🤣😂 Thanks for reading the 32th Issue.
Please share with your Friends and have an epic Week