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Wednesday, February 14, 2024

80/20 Sales and Marketing

 10 Lessons from 80/20 Sales and Marketing: The Definitive Guide to Working Less and Making More by Perry Marshall and Ron Allan:


 


 

1. Embrace the 80/20 Principle: 80% of your results come from 20% of your efforts. Identify and focus on your high-impact activities in sales and marketing.

 2. Know Your Marketing DNA: Discover your unique strengths and weaknesses in key marketing areas like market research, lead generation, and publicity to optimize your approach.
 

3. Target the Right 20%: Identify your ideal customer profile and laser-focus your marketing efforts on attracting and converting them.
 

4. Slash Time-Wasters: Eliminate activities with low return on investment, freeing up time and resources for more impactful efforts.
 

5. Leverage the Power of Controversy: Use strategic controversy to attract attention, spark conversations, and differentiate yourself from competitors.
 

6. Master Online Advertising: Hone your skills in pay-per-click advertising, search engine optimization, and social media marketing to reach your target audience efficiently.
 

7. Become a Persuasion Expert: Learn the psychology of influence and communication to convert leads into paying customers.
 

8. Harness the Power of Outsourcing: Delegate tasks that don't require your unique expertise to free up your time and focus on your core strengths.
 

9. Build Effective Sales Funnels: Design a well-defined process to nurture leads and guide them towards a purchase decision.
 

10. Measure and Track Everything: Analyze data to identify what's working and what's not, continuously improving your sales and marketing efforts.


Bonus Lesson: Don't just work hard, work SMART. By applying the 80/20 principle and focusing on the most impactful activities, you can achieve greater success with less effort.

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