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August 26, 2013
80/20 marketing; how to increase your sales while working less
Repost from Entpreneur.com bookstore
You can actually use less effort, work less and multiply your sales 10 times. How?
By observing the Principle. Ever since Tim Ferris advocated the 4 hour work week. By working less and focussing on results, one can live happier and without much fatigue and hassle. You have to understand the Pareto principle. 20% of the populations account for 80% of the result and 80% produce only the 20%. You have to be in the 20% Power Curve that produce the result. You have to be best.
We do not belong to the normal/average distribution curve. The average.
We should be in the Power curve. The best is 50% better than the next. And the truth goes on.
Of the top 10 wealthiest people in the world, 3 control the majority. Of the richest nations on earth, about 6 countries control the bulk of the world wealth.
How do we apply these principles:
l. Leverage the effort;
2. Focus on your best top paying customers;
3. Focus on existing customers.; sell him more. products even though he all ready owns some of them
4. Have valuable products you can sell to existing customers.
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Thanks for this article, lesson learned that we must always focus on what we want to do and to manage our selling skills, sell more and repeat sales are much effective.Have a convincing power to manage sales.Thanks sir -
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