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How This Guy Makes His Entire Year's Revenue in Black Friday WEEK

The Startup Ideas Podcast

Hosted by Greg Isenberg

35m
Transcript

Original podcast

About this episode

Join me as I chat with Jonathan Courtney, Co-Founder and CEO of AJ&Smart, as we dive deep into Black Friday Campaign strategy. Jonathan shares his strategies and frameworks for leveraging Black Friday regardless of what type of business you run. Episode Timestamps 00:00 - Intro 01:15 - The Importance of Black Friday for Businesses 04:21 - Types of Black Friday Sales 05:01 - Case Study: Endel's Renewal Strategy 08:49 - Comparing Strategies: MagicMind and AG1 12:48 - Apple's Unique Approach to Black Friday 14:25 - Creative E-commerce Strategies 20:12 - Bundling Products for Black Friday 22:51 - Startup Idea 1: Black Friday Agency 27:55 - Gamifying Promo Codes 29:59 - Our Black Friday Buys 31:41 - Live Streaming as a Sales Strategy 1) The Store Credit Hack Instead of basic "20% off" - tell customers they have $21.63 in store credit expiring soon Why it works: • Feels like "their money" • Specific numbers boost authenticity • Creates urgency 2) The Premium Play How luxury brands do Black Friday: • No discounts • Give gift cards with purchase • Example: Apple gives $200 credit Keeps brand prestige while driving sales 3) The Bundle Builder Four Sigmatic's genius approach: • Interactive bundle builder • Unlocks bigger discounts at $59/$99 • Shows real-time savings • Makes shopping fun Steal this for your store 4) The Bonus Stack MagicMind's approach: • Start with core discount • Add digital product access • Include physical gifts • Stack more bonuses as week progresses Psychology: Value over Discount 5) The Subscription Push SaaS playbook: • Offer renewal discounts • Add exclusive bonuses • Example: Endel does 50% off + premium gifts • Works for any subscription business 6) The QVC Strategy Modern twist: • Run 12-hour livestream sales • Show limited quantities • Create FOMO • Add exclusive bundles • Perfect for influencer brands 7) The Campaign Timeline Smart businesses: • Plan 6 months ahead • Start ads 3 days before • Build waiting lists • Layer in bonuses • Peak on Friday 8) The Profit Reality Truth bomb: • Could make 1-2 months revenue in 1 week • Some brands make yearly revenue • Even "bad" years saved by Black Friday • Ignoring it = leaving millions on table Remember: Black Friday isn't just a discount day. It's a strategic revenue event that can make your entire year. Don't flub it Want more free ideas? I collect the best ideas from the pod and give them to you for free in a database. Most of them cost $0 to start (my fav) Get access: https://www.gregisenberg.com/30startupideas LCA helps Fortune 500s and fast-growing startups build their future - from Warner Music to Fortnite to Dropbox. We turn 'what if' into reality with AI, apps, and next-gen products https://latecheckout.agency/ BoringAds — ads agency that will build you profitable ad campaigns http://boringads.com/ BoringMarketing — SEO agency and tools to get your organic customers http://boringmarketing.com/ Startup Empire - a membership for builders who want to build cash-flowing businesses https://www.startupempire.co FIND ME ON SOCIAL X/Twitter: https://twitter.com/gregisenberg Instagram: https://instagram.com/gregisenberg/ LinkedIn: https://www.linkedin.com/in/gisenberg/ FIND JONATHAN ON SOCIAL X/Twitter: https://twitter.com/Jicecream LinkedIn: https://www.linkedin.com/in/jonathan-courtney-4510644b/ AJ&Smart: https://ajsmart.com/

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6,028 words · 2 speakers

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