Tip 8: Unveiling the Magic of Money Hats 🎩💰
Hold onto your hats because here’s a counterintuitive idea: Charge for an invoice. Yep, you heard it right – people tend to raise their eyebrows at first. After all, invoices have always been the freebies of the business world. But let’s take a cue from the folks at Stripe who pulled a rabbit out of their financial hat by charging 0.4% for simple invoices and 0.5% for the more complicated ones. Why, you ask? Well, there’s a treasure trove of services you can tuck into an invoice to make it sparkle.
Think about what businesses crave – they send out invoices, which are essentially just pieces of paper (or digital files), right? But then, they hunger for more. They want to dive deep into those invoices, they want analytics! So what do companies typically do? They go all out, building complicated reporting systems that gobble up extra effort, extra personnel, and extra software and hardware. But what if we, my dear wizards of the financial realm, bundled the dashboard and analytics right into the invoice? Just add another page, easy peasy. Voilà! Pages and static data are so last season; add a tab to create an interactive invoice. It’s like a magic show, and the same invoice you email now comes with all the goodies included. 💫
But wait, there’s more – you can charge for this dazzling value-added analytics while saving the cost of building yet another complex system. The lesson here is that data can be packaged in a gazillion different ways to deliver real value. So, pull out your money hats and start conjuring invoices that will leave everyone spellbound! 💸🪄
