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Other Added - The 80/20 Rule, And Being Truly 'Effective' In Your Business
People naturally include trust and respect in their list of important values. Yet so often, at all levels, people complain that they are missing.Every human is a sovereign entity and is owned by nobody. Nothing but force can change that. Therefore people will choose to follow only those whom they trust and respect.Trust and Respect are ea
• 80% of what you achieve at work comes from 20% of the time you spend working.
• 20% of a company’’s products usually acc
Let's be straight up honest for a moment....success can really suck. Not all success, of course. Just the kind that sneaks up behind and knocks you down. The wading-through-the-swamp-wrestling-alligators kind of success that leaves you panting, breathless, staring deep into the gator's mouth.How does success go so terribly wrong? And could it hap
While even highly successful marketers don’t hit the bulls-eye with all of their marketing, at least they direct their energies towards learning which 20 percent of their marketing generates 80 percent of their sales.
Just knowing this to be true is a compelling reason to learn where each of your customers learned of your existence, to recognize that all customers are not created equal and that 20 percent of them most likely account for 80 percent of your profits.
The 80/20 rule teaches you simplicity and applies to more of your business than marketing, and more of your life than business:
• 80% of what you achieve at work comes from 20% of the time you spend working.
• 20% of a company’’s products usually acc
Who do you think is better at selling your product or service, you or your satisfied customer?If you are trying to close a $10,000 deal, would it help if the potential customer could talk to a satisfied customer?It's obvious, your satisfied customers are your best sales people, and they will outsell you by 100 times. You can say how good y
While even highly successful marketers don’t hit the bulls-eye with all of their marketing, at least they direct their energies towards learning which 20 percent of their marketing generates 80 percent of their sales.
Just knowing this to be true is a compelling reason to learn where each of your customers learned of your existence, to recognize that all customers are not created equal and that 20 percent of them most likely account for 80 percent of your profits.
The 80/20 rule teaches you simplicity and applies to more of your business than marketing, and more of your life than business:
• 80% of what you achieve at work comes from 20% of the time you spend working.
• 20% of a company’’s products usually acc
You walk into your local grocery or market, looking for apples. You see the displays. They are bursting with apples of many varieties. To your left you notice a sea of yellow and red apples – the sign says they are Jonathans. To your right you see bright, green Granny Smiths. But straight ahead, you see the biggest, reddest Red Delicious apples you
Just knowing this to be true is a compelling reason to learn where each of your customers learned of your existence, to recognize that all customers are not created equal and that 20 percent of them most likely account for 80 percent of your profits.
The 80/20 rule teaches you simplicity and applies to more of your business than marketing, and more of your life than business:
• 80% of what you achieve at work comes from 20% of the time you spend working.
• 20% of a company’’s products usually acc
In his essay, "Quality", written in 1911, the great writer, John Galsworthy, recounts the tale of two brothers. Shoemakers with their own shop somewhere near the end of the 19th century, they exemplify the issue of quality in Mr. Galsworthy's mind. They knew each customer. They made patterns of the customers' feet, cut the shoes to fit, had the custo
The 80/20 rule teaches you simplicity and applies to more of your business than marketing, and more of your life than business:
• 80% of what you achieve at work comes from 20% of the time you spend working.
• 20% of a company’’s products usually acc
When you are submitting a medical billing claim to an insurance carrier, probably the most important item as far as the carrier is concerned, is the item being billed. When all is said and done, that item is what is going to determine whether or not that claim gets paid. Why? Because even if an item is proven to be needed by the patient, if it is pre
• 80% of what you achieve at work comes from 20% of the time you spend working.
• 20% of a company’’s products usually account for 80% of it’s sales.
• 20% of the company’s employees contribute 80% of profits.
• 20% of criminals account for 80% of crimes.
• 20% of motorists cause 80% of accidents.
• 20% of your carpets get 80% of the wear.
• 20% of your clothes will be worn 80% of the time.
• 20% of the computer users purchase 80% of the software.
As a marketer, your job is to find which 20% of your marketing is motivating the most sales - which 20% of your customers are producing 80% of your profits, and which 20% of your prospects are most likely to become customers.
When you discover which 20% of your customers are responsible for 80% of your sales, focus on keeping them happy. This will increase the amount of business you do with them, and help you <
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