Part 4/9:
AI Software (90% Margin): Developing AI-centric software solutions for various applications.
AI Digital Products (95% Margin): Creating compressible products that can be sold widely with minimal ongoing costs.
3. Target Wealthy Customers
As Dan Kennedy, a marketing guru, notes, "It's easier to make a million dollars selling to millionaires than to make a million selling to everyone." To effectively tap into lucrative markets, entrepreneurs should seek wealthy customers within their chosen industries. Strategies for engagement include:
Attend Industry Events: Networking at industry-specific events can open doors to valuable connections.
Hyper-Personalized Emails: Sending tailored emails to potential leads can propel opportunities.