Youtube Weekly Newsletter #21

Hey there,

Today’s edition will present 7 ideas for a one person business that might just fit you. Let’s dive in!

7 Productized Services That Will Make You $100,000/month (One Person Business)

Introduction

The video sheds light on a transformative business strategy that enables individuals with diverse skills to amplify their income through a concept known as productized services. This model is a departure from traditional service delivery, offering a way to package services into scalable, repeatable processes that clients can subscribe to monthly. This approach not only simplifies operations but also aligns closely with the evolving needs of customers, promising enhanced satisfaction and efficiency.

1. Subscription-Based Graphic Design

The video introduces a graphic designer who has reimagined the delivery of design services by adopting a subscription-based model. For a fixed monthly fee, clients receive unlimited design services, albeit with a structured limitation: one active request at a time, with each task completed within 48 hours. This model uses asynchronous communication, primarily through Trello, to manage requests and feedback, eliminating the need for live meetings and streamlining client interactions.

Example: A specific implementation involved setting up a Trello board where clients list their design requests. The designer then moves an active request to a working panel, and upon completion, uploads the design file to the same panel for client feedback.

Actionable Tips:

  • Implement a subscription model with clear limitations to manage client expectations.

  • Use asynchronous communication to streamline workflow.

  • Automate the onboarding and payment process for efficiency.

  • Provide a structured system for feedback to ensure quality and satisfaction.

 

2. Productized Staffing Solutions

Another model explored is a productized staffing service, which simplifies the process of connecting executives with skilled executive assistants. This service addresses the challenge of managing the overwhelming daily communications professionals face by providing vetted assistants capable of handling emails, schedules, and other administrative tasks, thereby freeing up valuable time for the client.

Example: Boldly is highlighted as a company that matches executives with executive assistants. They screen candidates for deep business experience and match them with executives after understanding their specific business needs.

Actionable Tips:

  • Vet candidates thoroughly to ensure quality service.

  • Understand and match clients' needs closely for personalized service.

  • Offer flexible packages for different levels of assistance required.

  • Market the time-saving benefits to attract busy professionals.

 

3. Digital Marketing as a Service

Digital marketing is an area ripe for productization, with services offering unlimited digital marketing tasks on a subscription basis. This model caters to businesses' ongoing need for fresh marketing content across various channels, ensuring that marketing efforts are continually refreshed and optimized for performance.

Example: Roo.com is mentioned for its service offering unlimited requests for digital marketing tasks, allowing businesses to have a constant stream of new marketing assets tailored to their evolving needs.

Actionable Tips:

  • Cover a wide range of digital marketing services to cater to all client needs.

  • Promote the benefit of having an ever-evolving marketing strategy.

  • Structure your team to efficiently manage a high volume of tasks.

  • Highlight fast turnaround times to keep content fresh and engaging.

 

4. Amazon Business Management

Managing an Amazon store is complex and time-consuming, leading to the emergence of productized services that handle every aspect of Amazon sales, from SEO and product graphics to PPC ads. This model is particularly beneficial for local businesses looking to expand their online presence without diving into the intricacies of Amazon's platform.

Example: The 5daystartup.com offers a comprehensive package for Amazon store management, including strategy consultation and account setup, aimed at optimizing store performance and increasing sales.

Actionable Tips:

  • Develop end-to-end solutions for platform-specific needs.

  • Create educational content to help clients understand your services' value.

  • Offer scalable packages to accommodate different levels of business needs.

  • Use case studies to demonstrate success stories and attract new clients.

 

5. Cold Email Campaign Management

Cold email outreach is a critical yet challenging component of many businesses' marketing strategies. Productized services in this domain take over the management of cold email campaigns, offering strategy development, targeting, and execution, thereby helping businesses generate leads without getting bogged down in the complexities of email marketing.

Example: Cold Email Studio provides a service that encompasses the planning and execution of cold email campaigns, aiming to streamline the process of lead generation through targeted outreach.

Actionable Tips:

  • Offer comprehensive management, from strategy to execution.

  • Highlight the time-saving and efficiency benefits of your service.

  • Use data-driven targeting to improve campaign success rates.

  • Provide transparent reporting to keep clients informed about campaign performance.

 

6. No-Code Development Services

The rise of no-code platforms has paved the way for productized services that offer rapid software development without the need for traditional coding. This model allows non-technical entrepreneurs to bring their software ideas to life quickly and cost-effectively, with services ranging from MVP development to full-scale applications.

Example: Crima.digital is showcased as a no-code development agency that assists companies and creators in developing software projects using no-code tools, significantly reducing development time and cost.

Actionable Tips:

  • Leverage the latest no-code platforms to offer versatile development options.

  • Educate potential clients on the benefits of no-code development.

  • Provide clear pricing models based on project complexity or subscription.

  • Showcase a portfolio of successful projects to attract new business.

 

7. User-Generated Content (UGC) Agency

Lastly, the video discusses the growing demand for authentic, user-generated content (UGC), which has led to the formation of productized services focused on creating and delivering such content for brands. This model leverages the authenticity and relatability of UGC to enhance brand engagement and trust.

Example: The concept of starting a UGC agency is presented as a viable business model, where a service would produce a set number of videos or content pieces per month featuring a brand's products, aimed at generating authentic engagement.

Actionable Tips:

  • Highlight the authenticity and engagement value of UGC in marketing.

  • Offer package deals for content production to suit different marketing needs.

  • Use social proof and testimonials to demonstrate the effectiveness of UGC.

  • Partner with influencers or content creators to expand your content variety.

 

Conclusion

The exploration of seven distinct productized service models in the video highlights the versatility and potential of this approach across various sectors. By turning traditional services into scalable, subscription-based offerings, entrepreneurs can meet the changing demands of the market while ensuring customer satisfaction and operational efficiency. Each model, exemplified by a company successfully employing these strategies, serves as an inspiration for individuals looking to innovate within their respective fields.

Thanks for reading, hope it was helpful. As we face trouble growing our subscriber base and want the info to reach more and more people, feel free to share if you liked it.

See you soon!

Reply

or to participate.