Hey there, have you heard of the 80/20 principle? If not, get ready to have your mind blown. And if you’re already familiar with it, consider this a good refresher on just how powerful and universal this concept is.
Basically, a long time ago, a guy named Vilfredo Pareto discovered that 80% of Italy’s land was owned by just 20% of the population. And today, we see this same distribution in almost all aspects of life. 20% of the roads get 80% of the traffic. 20% of drivers cause 80% of accidents. And in business, 20% of your products or services likely bring in 80% of your sales.
So what’s the key? It’s all about finding that 20% of things that are leading to 80% of your results. This applies to you, your marketing, and your business. By focusing on those key things, you can achieve even better results and save yourself time, money, and energy. So let’s all embrace the 80/20 principle and see where it takes us. #shorts
If you're not already familiar with the 8020 principle then prepare to have your Mind blown and even if you are this Should still act as a good refresher About just how powerful and Universal This concept is basically a long time Ago this guy filfo peredo discovered That Approximately 80% of Italy's land Was owned by 20% of the population fast Forward until today and this same Distribution applies to almost all Things in all places including how 20% Of the roads get 80% of the traffic how 20% of the drivers cause 80% of the Accid in and for a business example how 20% of your company's products or Services likely represent 80% of your Sales the key then is in finding the 20% Of things that you your marketing and Your business are doing that are leading To those 80% of results so you can do More of them and get even better results And do less of the things that just Don't matter that much so you can save Yourself a ton of time and money and Energy
Internet Marketing: What Is It And How Can I Succeed At It?
Ready to begin with your own internet marketing plan? Do you know where to start or how to begin? Do you know what tools will work for your business? If you have no clue how to answer these last couple questions, the tips that are listed below are for you.
You need to be able to take advantage of all the software advancements that happen to be a successful Internet marketer. A company that fails to take advantage of the newest technology and trends may not appear competent or credible in the eyes of prospective customers. Show your audience that you are first on the cutting edge of the business, and they will learn to trust you and your products.
Your website may be professionally designed, but are you sure that you’re reaching everybody? Search engine optimization is a sublime way to get your message heard. If you provide specific and targeted services, use search engine optimization to stay ahead of the pack by bumping your page rankings for relevancy.
To make an online coupon even more attractive to your customers, think about offering the discount on a graduated scale. In other words, the bigger the purchase, the higher the discount. When customers see the bigger discount offered, they are usually tempted to buy one or two more products to reach the higher discount threshold. That means more sales for you.
Look at what your competitors are doing. Check out their websites, blogs, social networking pages, etc. and see how they’re doing things. You may get ideas of things to do on your own site and you may find things you don’t want to do. Just make sure you’re not copying them!
Do you know how to begin your own internet marketing plan now? Can you now find a place to begin with it? Do you know what will work for business? If you can now provide an answer to these questions, then you have read and understood the previous tips and are ready to make internet marketing work for you.