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Published byIsaac McDowell Modified over 9 years ago
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Are you Above or Below the Line?
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Entrepreneur Technician Manager
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Time Mastery... DEMAND DELUSION DISTRACTION THE ZONE Are you in the ZONE?
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Time management tips... –Set personally motivating goals … –Don’t finish today until you plan tomorrow … –Eat a Frog for Breakfast EVERY day … –Don’t Major in Minor things … –Create a default Diary / Stick to it … –Shoot “time bandits” –Have agendas for all meetings … –Have conference calls to save time … –Learn to delegate to your team …
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0 2040 60 80 100 120 + Stock Holding PAYABLESPAYABLES Up to 60 Days Receivables Stock Arrives Goods dispatched Cash Gap = 90 Days CASH PAID CASH RECEIVED 30
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Money Mastery … Break-Even or Else …
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Let’s put in some numbers... Number of Leads x Conversion Rate = No. of Customers x No. of Transactions x Ave. £££ Sale = Revenues x Margin = Profits 4,000 x 25% = 1,000 x 2 x £100 = £200,000 x 25% = £50,000
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3 Most Important Parts of any Marketing Campaign...
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Conversion Rate Measure USP Guarantee Sales Training Scripts / guides Added Value Testimonials Make it easy to buy Follow-up Quality Brochures
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Number of Transactions Contact programme WOW factor Critical Non Essentials Ask for more 68 Strategies Loyalty club Closed door sales X sell Coupons Re book now
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Innovators 2.5% Early Adopters 13.5% Early Majority 34% Late Majority 34% Laggards 16% Time Percentage of Adopters How do we eliminate price competition? USP No USP VALUE PRICE
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Leads Conversion No of Transactions Leads Average £ Sale Conversion
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Your Ideal Customer...
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Behavioral Styles …
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