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  • Added for You - Marketing and Sales: Numbers Rule

    What if Every Company Gave Great Service?
    As a customer we have all come across business establishments where we received good customer service and occasionally when that service is great it really stands out. Today even good customer service stands out, because we seldom get that very often. At Starbucks Coffee they instruct all their team partners, a fancy name for employee line worker, to give not good or great service, but Legendary Service. Ask any employee it is a mantra around there. Now that does not mean you will get Legendary Service all the time, but you will see the sparks of it and generally you will receive good customer service. And to us customers, well that is a good thing.There are many companies, which give good customer service, compan
    ness, but simply by a willingness to put in the necessary effort for the required length of time.

    Now, the rule of 7.

    While you are making all these presentations, handing out brochures, buying ads, etc., be aware that many people will not respond until they have seen that ad, or received that information 7 times. While there will be a few early adopters who see the info once or twice and buy in, most of your potential sales will come from those who have seen your ad several times. So don't assume that simply because you sent someone a great ad and they didn't respond, therefore all is lost. Send them the info again, or post the ad again.

    Finally the rule of 2.

    This applies mainly to ventures with a multi-level marketing program. You and I are each only one, and if we work very hard, we can only make a limited number of

    How to Keep Customers
    Who was it that said - "The customer is always right"? Well for those of you who can't get through the day without knowing, it was H Gordon Selfridge, the founder of Selfridges's department store in London.The question I want answered is; did he ever work with customers on day-to-day basis and if so, was he some kind of saint?Let's face it; customers can be a real pain in the neck. You move heaven and earth for them, you respond to their every whim, you give them time to pay and they still try to screw your prices down.Just when you've done all that, they leave you and start buying from one of your competitors.Wouldn't running a business be a whole lot better if we didn't have custom
    Let's talk about some numbers and how they relate to network marketing. They are equally applicable to marketing on the internet or to offline marketing.

    Specifically, we are going to talk about the 80/20 rule, the rule of 2, the rule of 7, and location, location, location.

    Huh? That last one isn't about numbers!

    Well, it sorta is. We'll get there in a while.

    In the meantime, let's start with the 80/20 rule.

    Several years ago, a major financial services institution conducted a study to determine WHY its top sales people WERE top sales people. Once they waded through all the data, and threw out the immaterial items, they were left with one fact glaring in their faces. The top sales people were the top sales people BECAUSE they made the most calls and contacts, and handed out the most brochures and business cards. As a result, they gave the most presentations and...you guessed it...made the most sales.

    Other studies throughout the years, as well as some of our own experiences seem to bear this out. Ever been in an organization where 20% of the people seemed to do 80% of the work? Oddly enough, that's roughly the percentages the study I mentioned came up with.

    Not only were 20% of the sales force generating 80% of the sales, it seemed that, in general, out of 100 contacts, they got to do about 20 presentations. Out of 100 presentations, they got about 20 sales.

    Now these figures are not gospel, and merely indicate a trend, but they can be used to our profit. In the area of statistics, it is known that it is difficult to get an accurate analysis or prediction from a small sample. The larger the sample, the more accurate the results!

    Okay, so if the 80/20 rule is true, and if I have a decent product and presentation, and if I remember to brush my teeth and put on clean underwear before making my pitch, I should nail 20 out of 100?

    Well, again, this figure is merely indicative of a trend, but if you make a large number of pitches...er, presentations, you should expect to see some of them translate into sales, hence the "location, location, location" crack. Or maybe I should have said, "locations, locations, locations"?

    Lots of locations

    The more ads you place, the more brochures you hand out, the more links you provide to your offer, etc., the more inquiries, presentations, and sales you can hope to make. Remember, by the way, on the internet, your website is probably your presentation.

    What we are talking about is volume, or bigger numbers. Volume is measured by numbers. See, I made it fit into the numbers thing.

    Just to make my point, I had two friends become millionaires in two different network marketing programs. In both instances, they were nice but ordinary persons, and neither was by any stretch of the imagination a sales whiz. However, for over 3 years, each of them handed a brochure to everyone they met and answered questions as best they could. For 4 years, I worked on some websites when and where I could find a few minutes, and eventually, though I was working a 60 hour work week elsewhere, I began receiving WEEKLY commission checks in excess of $2,000.00.

    What my two friends also found, as did I and most other network marketers, was that the 80/20 rule also applies to our downlines. Most will do nothing. Some will do a little. A rare few will be winners, but usually not by their own innate genius or greatness, but simply by a willingness to put in the necessary effort for the required length of time.

    Now, the rule of 7.

    While you are making all these presentations, handing out brochures, buying ads, etc., be aware that many people will not respond until they have seen that ad, or received that information 7 times. While there will be a few early adopters who see the info once or twice and buy in, most of your potential sales will come from those who have seen your ad several times. So don't assume that simply because you sent someone a great ad and they didn't respond, therefore all is lost. Send them the info again, or post the ad again.

    Finally the rule of 2.

    This applies mainly to ventures with a multi-level marketing program. You and I are each only one, and if we work very hard, we can only make a limited number of s

    Business Management with Effective Investment Plan
    Too many business players in the market but there’s an urge to remain in the competition through out and rise above all. Managing a business firm is not a child’s play. Learn how to effectively manage a business by investing in it rightly.Invest right and reap rich!Business loans are offered to any one wanting to kick start a business newly, expand an old one or simply revamp it. Just a small step towards investment enables a big leap towards profit. Loans for business are commonly available in two forms, one without security and the other with security.A secured business loan throws open a gamut of benefits to a borrower. A lion size loan, lower Annual Percentage Rate (APR), smaller payments, longe
    sult, they gave the most presentations and...you guessed it...made the most sales.

    Other studies throughout the years, as well as some of our own experiences seem to bear this out. Ever been in an organization where 20% of the people seemed to do 80% of the work? Oddly enough, that's roughly the percentages the study I mentioned came up with.

    Not only were 20% of the sales force generating 80% of the sales, it seemed that, in general, out of 100 contacts, they got to do about 20 presentations. Out of 100 presentations, they got about 20 sales.

    Now these figures are not gospel, and merely indicate a trend, but they can be used to our profit. In the area of statistics, it is known that it is difficult to get an accurate analysis or prediction from a small sample. The larger the sample, the more accurate the results!

    Okay, so if the 80/20 rule is true, and if I have a decent product and presentation, and if I remember to brush my teeth and put on clean underwear before making my pitch, I should nail 20 out of 100?

    Well, again, this figure is merely indicative of a trend, but if you make a large number of pitches...er, presentations, you should expect to see some of them translate into sales, hence the "location, location, location" crack. Or maybe I should have said, "locations, locations, locations"?

    Lots of locations

    The more ads you place, the more brochures you hand out, the more links you provide to your offer, etc., the more inquiries, presentations, and sales you can hope to make. Remember, by the way, on the internet, your website is probably your presentation.

    What we are talking about is volume, or bigger numbers. Volume is measured by numbers. See, I made it fit into the numbers thing.

    Just to make my point, I had two friends become millionaires in two different network marketing programs. In both instances, they were nice but ordinary persons, and neither was by any stretch of the imagination a sales whiz. However, for over 3 years, each of them handed a brochure to everyone they met and answered questions as best they could. For 4 years, I worked on some websites when and where I could find a few minutes, and eventually, though I was working a 60 hour work week elsewhere, I began receiving WEEKLY commission checks in excess of $2,000.00.

    What my two friends also found, as did I and most other network marketers, was that the 80/20 rule also applies to our downlines. Most will do nothing. Some will do a little. A rare few will be winners, but usually not by their own innate genius or greatness, but simply by a willingness to put in the necessary effort for the required length of time.

    Now, the rule of 7.

    While you are making all these presentations, handing out brochures, buying ads, etc., be aware that many people will not respond until they have seen that ad, or received that information 7 times. While there will be a few early adopters who see the info once or twice and buy in, most of your potential sales will come from those who have seen your ad several times. So don't assume that simply because you sent someone a great ad and they didn't respond, therefore all is lost. Send them the info again, or post the ad again.

    Finally the rule of 2.

    This applies mainly to ventures with a multi-level marketing program. You and I are each only one, and if we work very hard, we can only make a limited number of

    Fuel Your Business With A Marketing System
    Well summer is over and the kids are back in school. The house is quiet again and I can jump fully back into my work. While I did work over the summer, I also took quite a bit of time off to travel with my daughter. I'm so grateful that I was able to spend this time with her. It was an important summer, with her focusing on where she wants to go to college next year and doing everything she can to earn a softball scholarship. We also spent a full week volunteering at a camp, and that was also a very memorable and rewarding experience. But the best part was, while I was away being a mom and volunteer, my business was still running without me. That's not something I could say a few years ago, when if I wasn't working
    0 rule is true, and if I have a decent product and presentation, and if I remember to brush my teeth and put on clean underwear before making my pitch, I should nail 20 out of 100?

    Well, again, this figure is merely indicative of a trend, but if you make a large number of pitches...er, presentations, you should expect to see some of them translate into sales, hence the "location, location, location" crack. Or maybe I should have said, "locations, locations, locations"?

    Lots of locations

    The more ads you place, the more brochures you hand out, the more links you provide to your offer, etc., the more inquiries, presentations, and sales you can hope to make. Remember, by the way, on the internet, your website is probably your presentation.

    What we are talking about is volume, or bigger numbers. Volume is measured by numbers. See, I made it fit into the numbers thing.

    Just to make my point, I had two friends become millionaires in two different network marketing programs. In both instances, they were nice but ordinary persons, and neither was by any stretch of the imagination a sales whiz. However, for over 3 years, each of them handed a brochure to everyone they met and answered questions as best they could. For 4 years, I worked on some websites when and where I could find a few minutes, and eventually, though I was working a 60 hour work week elsewhere, I began receiving WEEKLY commission checks in excess of $2,000.00.

    What my two friends also found, as did I and most other network marketers, was that the 80/20 rule also applies to our downlines. Most will do nothing. Some will do a little. A rare few will be winners, but usually not by their own innate genius or greatness, but simply by a willingness to put in the necessary effort for the required length of time.

    Now, the rule of 7.

    While you are making all these presentations, handing out brochures, buying ads, etc., be aware that many people will not respond until they have seen that ad, or received that information 7 times. While there will be a few early adopters who see the info once or twice and buy in, most of your potential sales will come from those who have seen your ad several times. So don't assume that simply because you sent someone a great ad and they didn't respond, therefore all is lost. Send them the info again, or post the ad again.

    Finally the rule of 2.

    This applies mainly to ventures with a multi-level marketing program. You and I are each only one, and if we work very hard, we can only make a limited number of

    What is Private Franchising? It is Nothing Someone Made It Up
    The Federal Trade Commission has an obligation to the general public, their stated consumer education mission and to the over regulated franchising industry and the small business operators running Biz Ops to separate the two business models by way of legal definition. Any failure to completely separate them will trigger additional problems down the road and cause the current on-going process of rule review to continue, without any formalization for decades.This of course is good for attorneys who make money on these ambiguities for lawsuits and great for Federal Trade Commission tenure and job security. A few also realize it could allow for additional travel budgets of governmental employees during these rule mak
    I made it fit into the numbers thing.

    Just to make my point, I had two friends become millionaires in two different network marketing programs. In both instances, they were nice but ordinary persons, and neither was by any stretch of the imagination a sales whiz. However, for over 3 years, each of them handed a brochure to everyone they met and answered questions as best they could. For 4 years, I worked on some websites when and where I could find a few minutes, and eventually, though I was working a 60 hour work week elsewhere, I began receiving WEEKLY commission checks in excess of $2,000.00.

    What my two friends also found, as did I and most other network marketers, was that the 80/20 rule also applies to our downlines. Most will do nothing. Some will do a little. A rare few will be winners, but usually not by their own innate genius or greatness, but simply by a willingness to put in the necessary effort for the required length of time.

    Now, the rule of 7.

    While you are making all these presentations, handing out brochures, buying ads, etc., be aware that many people will not respond until they have seen that ad, or received that information 7 times. While there will be a few early adopters who see the info once or twice and buy in, most of your potential sales will come from those who have seen your ad several times. So don't assume that simply because you sent someone a great ad and they didn't respond, therefore all is lost. Send them the info again, or post the ad again.

    Finally the rule of 2.

    This applies mainly to ventures with a multi-level marketing program. You and I are each only one, and if we work very hard, we can only make a limited number of

    Bite Your Tongue; They Might Think You are Arrogant
    Often people think others are arrogant when they will not hear their advice or point of view. Yet in a way that is an arrogant thought in itself. You see if you believe that your advice is so important that the other person MUST listen to you then are you being arrogant that your advice is above any other persons advice?Now then in the process of calling someone else arrogant who will not hear your advice are you not being arrogant yourself? Hello Mirror! And isn’t it a slap in the face to someone of knowledge when some of little knowledge tries to give advice to them.For instance a good friend of mine has been in the business as a Financial Planner 37 years and her clientele often call her to tell he
    ness, but simply by a willingness to put in the necessary effort for the required length of time.

    Now, the rule of 7.

    While you are making all these presentations, handing out brochures, buying ads, etc., be aware that many people will not respond until they have seen that ad, or received that information 7 times. While there will be a few early adopters who see the info once or twice and buy in, most of your potential sales will come from those who have seen your ad several times. So don't assume that simply because you sent someone a great ad and they didn't respond, therefore all is lost. Send them the info again, or post the ad again.

    Finally the rule of 2.

    This applies mainly to ventures with a multi-level marketing program. You and I are each only one, and if we work very hard, we can only make a limited number of sales. If our income depends only on our personal sales, we are likely to make what is quaintly referred to as a pittance!

    However, as is often pointed out in multi-level marketing literature, if I recruit 2 people, and they recruit 2 people, and they....on thru 5 levels, let's say, I will have a downline of 62 people producing income for me. Depending on the program, this could be a lucrative proposition! Many multi-level organizations go much deeper than 5 levels. Our goal IS to build as large a downline as possible, so getting 3 on each level does even more. In fact, if each of us gets 3 in our downline instead of 2, our downline changes from 62 to 363!

    Also, the type of program and its payouts will also influence your income. For example, one program with which I am affiliated would pay me $490 if each of my 2 members each made only one sale. In this particular program, however, my downline makes that and more each week, and those are only NEW sales. A program with residual income provided by re-orders can increase those figures immensely.

    Just remember, however, to get those 2 GOOD producers, I will probably have to have a field of 10 or more recruits from which they can rise. In most network marketing ventures, the unfortunate truth is that I will probably need a few more than 10 recruits to get 2 GOOD ones!

    But! Once I have those two good ones, and they have their two good ones, etc., there is no stopping me.

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