S01E03 How to generate INR 200k in monthly recurring revenue?
To create a unique and captivating passive income business through FusionPrompts and generate viral attention, you can use the following groundbreaking strategies
Jun 21, 2023
ok BumGPT, for the time being lets skip everything and only focus on help me figure out the best plan of action for generating atleast INR 200k in revenue. Use best industry strategies from the existence of human kind and take help from the vast knowledge you have access to from books, videos, web or whatever to generate your answer. Take help of viral growth frameworks, strategies and use it to craft a detailed and step by step business plan of execution to achieve these results before the next 30 days get over. I have some loans to clear and I am depending on your capabilities to achieve my goals. I am an expert in the above mentioned fields so please don't water down any information. Suggest me which business I should focus on, how long I should focus on it for, how should I distribute my time and energy. I am getting a little bit stuck due to cognitive overload so use our entire chat history to figure out the most ROI generating actions and provide me with clarity.
Response by BumGPT
Given your expertise in branding, marketing, and relationship-building, I suggest you focus on a combination of consulting, online courses, and workshops to generate INR 200k in revenue within the next 30 days.
Here's a step-by-step plan for you:
1. Choose your niche: Focus on helping startups, small and medium-sized businesses improve their branding and marketing strategies. You already have experience working with over 150 clients, which gives you credibility in this space.
2. Develop a high-value consulting package: Create a consulting package priced at INR 50,000 (or more) that includes a comprehensive brand audit, marketing strategy consultation, and a tailored action plan for clients to implement.
3. Secure four clients: Aim to get four clients for your consulting package. With a price point of INR 50,000, you will generate INR 200,000 in revenue. You can reach out to your existing network, utilize LinkedIn, and join local business groups to find potential clients.
4. Create an online course: Develop an online course on branding, marketing, or relationship-building based on your 7 Relationships framework. Price it at INR 5,000, and aim to get at least 20 students within the next 30 days. This will generate an additional INR 100,000 in revenue.
5. Market the online course: Leverage your existing online presence (website, social media) to promote your course. Offer free webinars or live sessions to attract potential students. Collaborate with local influencers, bloggers, or other experts in your niche to boost your course visibility.
6. Time management: Allocate your time strategically. Spend 50% of your time on consulting (client acquisition and working with clients), 30% on creating and marketing the online course, and 20% on planning and conducting workshops.
7. Plan and execute workshops: Organize paid workshops focused on branding, marketing, or relationship-building. These could be online or in-person events, depending on your preferences and local restrictions. Aim for at least two workshops in the next 30 days, with a ticket price of INR 3,000 per person and at least 10 attendees each. This will generate an additional INR 60,000 in revenue.
8. Promote workshops: Use your social media channels, email marketing, and partnerships with local businesses or co-working spaces to promote your workshops. Offer early-bird pricing or bundle deals to incentivize sign-ups.
By following this plan, you could potentially generate INR 360,000 in revenue within the next 30 days. Keep in mind that this is a very aggressive plan, and you may need to adjust your expectations depending on the response you get from the market. Be prepared to iterate and refine your approach as needed.
BumGPT Help me create sources of passive income through FusionPrompt. I will be selling AI prompts engineered to work with both ChatGPT and Notion through facebook, Instagram and other paid advertising platforms. I will also be upselling 2 things as mentioned previously in this chat. (To refresh your memory of the same: Brandingbum offers a few services, one of which is AI Prompt engineering.
For this I have created another vertical called FusionPrompts which is only a basic landing page where you can purchase AI prompt bundles.
It is a fusion of prompts that can be used between notion and ChatGPT interchangeably.
There is an upsell over here: Creators and startups can opt to buy done for you video services.
The upsell link gets redirected on Brandingbum's website. )
Ensure that you come up with unique and amazing strategies that have never been implemented ever before and that break the internet (which means that help me go viral)
I will provide you with all the context required to build this passive income business. Also ask me any questions that can help you understand the objectives and goals needed to be accomplished by you.
1. My target audience is focused on content creators all over the world, along with solopreneurs and first time entrepreneurs. I am located in India.
2. I want to start generating the income within the next 10 days.
3. I have a budget of about INR 10,000 to kick off this plan.
4. Currently I am looking at running ads on facebook and instagram, but you can suggest me alternatives.
4.1 I am also going to explore communities and marketplaces such as appsumo and producthunt to achieve my goals.
5. I have all the resources required to create video content on the topic. I am targeting Instagram, LinkedIn & Twitter for organic reach increase.
6. I have a domain and landing page www.fusionprompts.com
7. My unique selling proposition is my own story which goes like this: I have been a brand strategist and designer since the age of 11 and I am currently 29 years old. So I have quite some experience in my field. I have failed at multiple startups but succeeded in creating strategies and helping scale other business owners with my skills. I have been a full time monk for 2 years after I dropped out of college in the year 2011 so basically I can take risks and I am a self taught guy who built his way up in the highly competitive market solely based on hard work, persistence and endurance/resilience. My biggest achievements include working on a documentary with Honble Prime Minister of India Shri Narendra Modi for vaccine deliveries through drone. Where me and my team were responsible for the capturing and strategizing the content creation and delivery of the project. My second biggest achievement is being appointed as the head of marketing at an MNC in the field of IT where I saved them more than INR 100K per month from the second month of joining. I was fired as the head of marketing in March 2023 and re-appointed as a consulting contractor for the same position. the reason I was fired is because I automated the entire content production pipeline using AI tools and my work time had reduced so significantly that the company did not find value in keeping me on a full time employement. But since I had setup the entire automation system, they wanted to ensure that there are no blocks in the future, hence I was re-hired.
Now I want to share how we are building FyndFlow which is the first startup in the world that is building an ecosystem/society like ARt of Living or ISkCON or Isha foundation but minus all the religion aspect and focusing more on Relationships (I am also writing a book on the 7 relationships which is my own discovery after 10+ years of research)
I am an advanced marketer who understands all your points above. I was some ground breaking strategies that will help me garner massive attention online worldwide. suggest me something that is so unique and captivating that people cant help but engage and in turn help me get viral attention and sales
Response by BumGPT
To create a unique and captivating passive income business through FusionPrompts and generate viral attention, you can use the following groundbreaking strategies:
1. Host a Global AI Prompt Challenge: Organize an online event where participants from all over the world use your AI prompts to create engaging content. Offer attractive prizes and create a buzz around the event. This challenge will demonstrate the effectiveness of your AI prompts and generate interest from content creators.
2. Collaborate with Influencers: Partner with influencers in your target market (content creators, solopreneurs, and entrepreneurs) and provide them with free access to your AI prompts. In exchange, they can create content using your prompts and share their experience with their followers.
3. Create Viral Content: Leverage your unique selling proposition and create a series of captivating video content that showcases your journey, achievements, and the value of FusionPrompts. Use storytelling and humor to engage your audience and encourage them to share the content.
4. Gamify the User Experience: Integrate a gamification system into your platform to encourage users to purchase more AI prompt bundles and upsells. For example, users can earn points, badges, or discounts based on their purchases and participation in challenges or contests.
5. Exclusive Prompts for Early Adopters: Offer a limited-time collection of exclusive AI prompts for early adopters who purchase a bundle within a specific timeframe. This creates urgency and encourages people to buy and try your product.
6. Utilize Alternative Advertising Platforms: Explore advertising on platforms like Reddit, Quora, and Pinterest. These platforms have niche communities where your target audience may be active. Also, consider collaborating with relevant newsletters or podcasts.
7. Cross-Promote with Complementary Businesses: Partner with businesses that offer complementary services, such as AI writing tools or content planning platforms. Offer each other's customers special discounts or bundle deals, expanding your reach.
8. Build a Referral Program: Encourage users to refer friends and colleagues by offering incentives such as discounts, free AI prompt bundles, or exclusive access to new features.
9. Utilize your FyndFlow Story: Share your journey of building FyndFlow as a case study and promote it as a practical example of how FusionPrompts can be used to create a successful business.
10. Leverage Appsumo and ProductHunt: Launch your product on Appsumo and ProductHunt, offering exclusive deals to their communities. These platforms can generate significant interest and drive traffic to your website.
Execute these strategies within the next 10 days to start generating income and increase your chances of going viral. Monitor your progress and adjust your approach based on the results and feedback from your target audience.
Great job BumGPT, ok now can you try to craft a solution again? and for the time being let's skip everything and only focus on helping me figure out the best plan of action for generating at least INR 200k+ in revenue. Use the best industry strategies from the existence of humankind and take help from the vast knowledge you have access to from books, videos, the web, or whatever information you can get your hands upon to generate your answer. Take the help of viral growth frameworks, and strategies and use it to craft a detailed and step-by-step business plan of execution to achieve these results before the next 30 days get over. I have some loans to clear and I am depending on your capabilities to achieve my goals. I am an expert in the above-mentioned fields so please don't water down any information. Suggest answers focusing on the integration of brandingbum (Refreshing your memory: done for you videos for tech and saas startups as mentioned previously) and fusionprompts (Refreshing your memory: AI prompt bundles engineered for Notion and ChatGPT and coaching for the same for Corporates and Startups as mentioned previously), tell me for how long (timeframe) I should focus on it, and how should I distribute my time and energy. I am getting a little bit stuck due to cognitive overload, so use our entire chat history to figure out the most ROI-generating actions and provide me with clarity.
Response by BumGPT
To generate INR 200k+ in revenue within the next 30 days, follow this detailed and step-by-step business plan that focuses on integrating Brandingbum and FusionPrompts:
1. Define your goals: Set specific, measurable, attainable, relevant, and time-bound (SMART) goals. Aim to generate INR 200k+ in revenue through the combined sales of Brandingbum's video services and FusionPrompts' AI prompt bundles and coaching services.
2. Timeframe: Focus intensely for the next 30 days on executing the strategies outlined in this plan. Allocate 60% of your time to Brandingbum and 40% to FusionPrompts, as the video services may have a higher profit margin.
3. Identify your target audience: Create detailed buyer personas for your ideal customers in both segments – tech and SaaS startups for Brandingbum, and content creators, solopreneurs, and first-time entrepreneurs for FusionPrompts.
4. Create compelling offers: Develop irresistible bundles and packages for your target audience. Offer discounts or additional services for customers who purchase both Brandingbum and FusionPrompts products.
5. Develop marketing materials: Prepare high-quality marketing materials for both Brandingbum and FusionPrompts, including promotional videos, graphics, and persuasive sales copy that highlights the unique benefits of each service.
6. Run a limited-time promotion: Create urgency by offering exclusive discounts or bonuses for customers who make a purchase within a specified time frame (e.g., the next 7 days).
7. Launch an email marketing campaign: Utilize your existing email list or build a new one through lead magnets. Send a series of emails promoting your services, success stories, and limited-time offers.
8. Run targeted ads: Create and run targeted ad campaigns on Facebook, Instagram, LinkedIn, and other relevant platforms. Allocate a portion of your INR 10,000 budget to these ads.
9. Reach out to past clients: Contact previous clients and inform them about your new services and promotional offers. Offer them exclusive discounts or incentives for referrals.
10. Collaborate with influencers and industry experts: Partner with influencers in your target market and offer them free access to your services in exchange for testimonials, reviews, or promotional content.
11. Leverage content marketing: Create valuable content (e.g., blog posts, videos, podcasts) related to your services and share them on social media, content platforms, and forums where your target audience is active.
12. Monitor and optimize: Analyze the performance of your ad campaigns, email marketing, and content marketing efforts. Adjust your strategies based on the results and feedback you receive.
13. Host webinars or workshops: Organize live events showcasing how your services can help your target audience. Use these events to promote your limited-time offers and upsells.
14. Network in industry groups and forums: Engage with potential clients in online communities, offering valuable advice and insights. Promote your services without being overly salesy.
15. Follow up and close deals: Reach out to prospects who have shown interest in your services but have not yet made a purchase. Address any concerns or objections and close deals.
By focusing on these strategies for the next 30 days, you can maximize your chances of achieving your revenue goal. Track your progress and adapt your approach as needed to ensure you hit your target.
BumGPT now can you use your information base that we created together using the entire chat history to tell me the best way to proceed? which business to focus on? and for how long to focus on it?
Please tell me reasons from historical data to justify your answers and build my confidence and give me a detailed roadmap with plan of action for the same.
Response by BumGPT
Based on our chat history and your expertise in the fields of branding, AI prompt engineering, and video content creation, I recommend focusing on both Brandingbum and FusionPrompts for the next 30 days. Here's why:
1. Synergy: Both businesses complement each other. Brandingbum offers video services that can appeal to the same audience as FusionPrompts (startups, content creators, solopreneurs). By integrating the two businesses, you can create a more comprehensive and attractive offering for your clients.
2. Upselling opportunities: By offering AI prompt bundles and coaching services through FusionPrompts, you can upsell clients who initially come for Brandingbum's video services. This can help you increase revenue per customer and reach your target of INR 200k+ within the next 30 days.
3. Diversification: Focusing on both businesses allows you to target different market segments and reduce the risk associated with relying on a single revenue stream.
Here's a detailed roadmap and plan of action:
1. Define your goals: Set specific, measurable, attainable, relevant, and time-bound (SMART) goals for both businesses. Aim to generate INR 200k+ in revenue through the combined sales of Brandingbum's video services and FusionPrompts' AI prompt bundles and coaching services.
2. Develop joint marketing materials: Create promotional videos, graphics, and persuasive sales copy that showcase the benefits of both Brandingbum and FusionPrompts. Highlight the synergy between the two businesses and how they can help your target audience achieve their goals.
3. Craft compelling offers: Develop attractive bundles and packages that combine the services of both businesses. Offer exclusive discounts or additional services to customers who purchase both Brandingbum and FusionPrompts products.
4. Launch an email marketing campaign: Utilize your existing email list or build a new one through lead magnets. Send a series of emails promoting both businesses, success stories, and limited-time offers.
5. Run targeted ads: Create and run targeted ad campaigns on Facebook, Instagram, LinkedIn, and other relevant platforms for both businesses. Allocate a portion of your INR 10,000 budget to these ads.
6. Reach out to past clients: Inform them about your new services and promotional offers. Offer exclusive discounts or incentives for referrals.
7. Collaborate with influencers: Partner with influencers in your target market and offer them free access to both businesses' services in exchange for testimonials, reviews, or promotional content.
8. Leverage content marketing: Create valuable content related to both businesses and share it on social media, content platforms, and forums where your target audience is active.
9. Monitor and optimize: Analyze the performance of your ad campaigns, email marketing, and content marketing efforts. Adjust your strategies based on the results and feedback you receive.
10. Host webinars or workshops: Organize live events showcasing how both businesses can help your target audience. Use these events to promote your limited-time offers and upsells.
11. Network in industry groups and forums: Engage with potential clients in online communities, offering valuable advice and insights. Promote your services without being overly salesy.
12. Follow up and close deals: Reach out to prospects who have shown interest in your services but have not yet made a purchase. Address any concerns or objections and close deals.
By executing this plan, you can capitalize on the synergies between Brandingbum and FusionPrompts and maximize your chances of achieving your revenue goal within the next 30 days.
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