Sign up on Graphy, a multimedia course platfrom to launch your online education business: https://graphy.com?utm_source=YouTube&utm_medium=uploaded&utm_campaign=sell+using+YouTube
Are you looking to grow your online education business? If yes, then, you are in the right place.
We will tell you three effective ways that you can use to scale your online education business.
Growing your online business has two elements to it - increasing repeat customers and acquiring new customers.
You can easily increase your repeat customers by incentivising them to keep coming back for your courses. You can do this by creating your own digital currencies and wallets for your learners. Credits or reward points can get added to the wallets of your learners each time they purchase your course. They can redeem these points on their next purchase. Creating digital currencies and wallets under your brand name helps build a strong loyalty program and increase repeat learners.
To grow your business by acquiring new customers, you can run a refer and earn program. People are four times more likely to buy when referred by a friend to a particular business. Referred customers are also more loyal and have a 16% higher lifetime value – meaning they spend more long-term. Referrals can have a dramatic effect on a company’s bottom line, by providing a steady stream of customers very likely to buy. You can encourage your course learners to refer your courses to their friends and acquaintances and earn incentives in return.
These incentives could be in the form of cashbacks, vouchers, gifts — anything you are sure that your customer will like.
The third way to expand your online education business is to expand the portfolio of the digital knowledge products that you offer to your learners. You can add different kinds digital products to your existing business for expansion. In addtion to your online courses, you can offer membership communities, coaching, ebooks and more to diversify your business and grow it.
You can even use some of these knowledge products as lead magnets. You can offer some of your ebooks or guides in exchange for an email address. This lead magnet can convert your website traffic into leads and you can nurture them to make more sales.
Ready to expand your online education business?
Graphy is an all-in-one online course platform that gives you all the tools you need to launch and expand your knowledge business. In addition to creating courses and hosting a community, Graphy offers a customisable white-labelled website and mobile app on which you can create your own digital currencies, run loyalty programs, offer cashbacks, set up affiliate marketing and a lot more!
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00:00 Introduction
00:28 Digital currencies and wallets
00:48 Refer and earn
01:32 Digital products
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Graphy is an all-in-one online course platform for knowledge entrepreneurs, or those who sell information products based on their expertise either via their website or mobile app.
What can you do with Graphy?
Launch your white labeled website and mobile app
Build multimedia courses
Customize the design of your landing pages
Build a community
Build an affiliate system
Offer sales, discounts and virtual currencies to your audience and a lot more!
Get started with your online education business with Graphy. Sign up to get a free demo: https://graphy.com?utm_source=YouTube&utm_medium=uploaded&utm_campaign=grow+business
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