80/20 Sales and Marketing (Review and Analysis of Marshall's Book)
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About this ebook
This complete summary of the ideas from Perry Marshall’s book “80/20 Sales and Marketing” explains how 80% of your results will come from 20% of your efforts and this principle can be applied to any area of life. The author states that this concept is an essential tool in sales and marketing as you can focus your efforts where they will really make a difference. By learning and applying the 80/20 principle, you will be able to identify which areas of your marketing are the most effective and arm yourself with all the tools you need to boost sales.
Added-value of this summary:
• Save time
• Understand the key principles
• Expand your business skills
To learn more, read “80/20 Sales and Marketing” to learn one of the most useful principles in sales and marketing and find out where you should really be focusing your efforts.
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80/20 Sales and Marketing (Review and Analysis of Marshall's Book) - BusinessNews Publishing
Book Presentation
80/20 Sales And Marketing by Perry Marshall
Book Abstract
About the Author
Important Note About This Ebook
Summary of 80/20 Sales And Marketing (Perry Marshall)
Book Abstract
MAIN IDEA
The 80/20 principle states 80 percent of your results will come from 20 percent of your efforts. However, that’s just the starting point. 80/20 applies to everything, even itself. If you can master and apply 80/20 thinking to everything you do, then you’re armed with all you need to excel.
This is especially true in sales and marketing where 80/20 is the key to delivering breakthrough sales performance. Figure out which 20 percent of your marketing is currently working in your marketplace and then progressively pour more of your resources into those areas. Keep doing this over and over and you can achieve 100X improvements in your sales productivity.
Even more importantly, don’t treat all your customers as equals. The top 20-percenters can be incredibly profitable. If you keep offering them products which are 10 times as expensive but which deliver 10 times or more the value of your existing products, then 20 percent of those 20-percenters will buy. That can work out well because usually it costs you less than 10 times as much to deliver that added value. Plus, it’s always easier to sell more to your existing happy customers than it is to find new customers.
"Don’t sell harder. Market smarter. But YOU have to do it. You have to put it into action. Only you can put on your 80/20 lenses and choose to see the world in