The Five Ways Model
It may sound like a trick question. Can a business increase sales 10%, keep expenses constant and still see a 61% increase in profits?
In this webinar we show you how this is possible.
To build yourself a bigger or better business there are only FIVE areas of Marketing and Sales that you should be concerned with…
At ActionCOACH we call them the “5 Ways”, and massive results are possible by achieving only small improvements in each of these areas;
- Number of Leads – how many potential clients do you attract?
- Conversion Rate – how many leads do you convert into clients?
- Average £ Sale – how much do they spend each time they buy?
- No of Transactions – how many times a year do your clients buy?
- Margins – what is the gross or net margin your business achieves?
This simple but effective system of evaluating your business in terms of marketing and sales efficiency allows you to understand where you are right now and what you need to focus on to improve.
Join us to find out what you need to do in your business to use the 5 Ways model to increase your profit. Register now.
This Webinar is one of 8 webinars in our FREE series of Learn to Earn webinars where we share with you knowledge and skills essential to mastering the core areas of business. We are keen to help all business owners take more control of their business and make more money.
Click below to find out more about the other webinars in the Learn to Earn series:
- Why Should your Customer Buy From You – How do you become The Obvious Choice against all the Competition?
- Mindset – Mental strength for success in business
- Time Mastery – You can’t manage time but you can manage what you do with it
- Exceptional Customer Service – How to keep your customers not only buying from you, but buying more
- Know your numbers – How to understand the key numbers for better informed decisions and ultimate success
- 5 Ways to Boost your Profits – Learn what to do to increase the bottom line by 61%
- Virtual Leadership – What does leading remotely require you to do differently?
- 6 Keys to a Winning Team – Understand the rules of the game to attract and keep the best people in your industry