Page 41 - Black Friday Ebook (FINAL)
P. 41

Watch your margins





           Make sure you work out your margins!                    And      don’t      combine        several
           Don’t focus only on discounts.                          low-margin  products  together  then
                                                                   offer a discount on them!
           Think  about  adding  offers  that  will
           protect your profitability.                             If you have a hero product, combine
                                                                   it  with  other  products,  especially
           Do  you  want  to  push  a  low-margin                  slow-movers.
           product?
                                                                   People  will  get  excited  by  the  hero
           Combine  it  with  a  high-margin                       product  at  a  discount,  and  pairing
           product  so  you’re  still  profitable                  with other products will bump up your
           enough on the bundle.                                   Average Order Value.
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