Nick Saraev Daily Update Wednesday, June 4
AI Automation Money-Making Insights
Key Money-Making Insights
Nick reveals specific pricing strategies including charging $98 per sales call booked for lead generation services and explains how decreasing lead response time to 60 seconds can increase conversions 3-4x. He addresses the reality that recommended niches aren't saturated and provides actionable strategies for both cold email outreach and Upwork applications, with Upwork costing around $400/month for serious applicants.
Top Money-Making Q&As
Question 1
How should I price a performance-based email automation service? Charging 20% of client's LTV on closed clients - is that logical? What milestone should I charge on: positive reply, meeting booked, or client closed?
Charge based on meetings booked, not closed clients. You don't control closing, only lead generation. Charge less per meeting booked, around $98 per sales call, more for high-value deals. Use average order value or LTV as a value definer, pick one and stick with it. Track meetings via webhook from their meeting system (e.g., Instantly). Package your service so client only sees meetings booked and pays you accordingly.
Question 2
Does cold email outreach still work? Is applying for jobs on Upwork the main effort? I can't afford the $400/month for Upwork applications.
Cold email outreach definitely still works and is scalable. Upwork applications cost about $400/month if you apply 5 times daily, but many don't apply that often. Upwork has a lower upfront cost per day and faster return but is more competitive. You can do cold emails manually or other methods without spending money, but it takes longer. Don't let fear of failure stop you.
Question 3
How to improve inbound lead generation and increase closing chances for education businesses using AI?
Decrease time to lead response to around 60 seconds to increase conversion 3-4x. Personalize first touch with AI-generated messages referencing their inquiry. Implement missed call/SMS follow-ups with AI personalization. Optionally use voicemail drops offering incentives to reclaim missed leads. These improve funnel effectiveness and increase lead lifetime value.