DiscoverThe Alaric Ong Show#169 How to sell more than $50 million of low ticket products - Mike Watts and Alaric Ong
#169 How to sell more than $50 million of low ticket products - Mike Watts and Alaric Ong

#169 How to sell more than $50 million of low ticket products - Mike Watts and Alaric Ong

Update: 2022-12-20
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Mike Watts is a seasoned entrepreneur with 6 start-up companies totaling over $60mil in sales who did a deal with Daymond John without going on SharkTank. Currently serving as Founder/CEO of LoveHandle USA-made smartphone grips  


2-Time Winner of the Aggie 100, Fortune 5000 and regular guest on a variety of entrepreneurship-focused podcasts and broadcasts.  


✅Started with doing interviews on Late night tv 


✅ Underground tree stake - Holds trees in place 


✅ Love Handle -  Smartphone grip 


✅ How do you come up with the ideas for all these products? 


✅ He handles the marketing  


✅ What are the criteria for finding a winning product 


✅ How did he get Daymond John to become his business partner 


✅ How did he differentiate himself from the competitors? 


✅ How much of sales have you done for Lovehandles  


✅ How do you market and distribute the product - Grassroots marketing - Micro influencers - The product sells by itself! The more people use it, the more others want to buy it. - Sells on Amazon.com - 3000 stores in the US - Getting his customers to refer other people and paying them affiliate commissions 


✅ International as well 


✅ What does he spend his time on? 


✅ 32 employees 


✅ How does a day in his life look like? 


✅ Miracle morning 


✅ How much money money does he spend every month in marketing or ads? 


✅ What are your plans for the future? 


✅ What advice would he give to other entrepreneurs 


✅ Do you think selling low ticket or high ticket is better? 


✅ 20% goes to marketing, 30-40% to overheads, and the rest is profit.  


✅ Spends $10-20 to acquire a customer that has an average lifetime value of $80-100 


✅ Sell before build 


✅ How he self-funded the company, and kept the company private. 


✅ The process on how he sold one of his companies  


FOLLOW MIKE WATTS 


https://www.instagram.com/mikewatts/  


https://www.linkedin.com/in/mike-watts-21402578/   


Get your own Lovehandle Pro https://www.lovehandle.com/


If you like this, check out my other videos!  


Free Facebook Marketing Training: https://theapollomethod.com  


The Apollo Method (Sales Course): https://x.co/APOLLO   


How to be a Speaker, Coach or Consultant Course: https://x.co/SPEAKER


Get my book, “The Apollo Factor” for $1: https://alaricong.podia.com/the-apollo-factor  


Become A Millionaire Hypnosis by Alaric Ong https://youtu.be/5i56ixzExeU


Videos featuring Dr Patrick Liew, Sean Seah, Andrew Tan, Kevin Chiak and Cayden Chang: https://youtube.com/playlist?list=PLuyxB7oUxy42qoUDx4XSAFZ6No25rbvzo  


How I raised $50,000 after a 15 minute pitch - Alaric Ong https://youtu.be/N9tIE6wO7t4


How to make $10,000/month doing sales: https://youtu.be/5AzdgGRCs5Q   


Ask Alaric Anything Playlist: https://www.youtube.com/playlist?list=PLuyxB7oUxy42AHrAfkPfZBfX8pmlAEYwW


Website: http://www.theapollomethod.com 


Personal Website: https://www.alaricong.com/ 


Testimonials: https://www.alaricong.com/p/testimonials.html 


Get my books: book.alaricong.com 


Facebook: https://www.facebook.com/alaricong/ 


Twitter: https://twitter.com/Alareek 


Instagram: https://www.instagram.com/alaricongg/

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#169 How to sell more than $50 million of low ticket products - Mike Watts and Alaric Ong

#169 How to sell more than $50 million of low ticket products - Mike Watts and Alaric Ong

Alaric Ong