Small Improvements Lead To Giant Gains

Originally posted on June 2, 2022 in Categories: Quick Bites

If you get 10% more leads, convert 10% more of those leads into customers, increased average transaction value by 10%, grow profit margins by 10%, make an additional 10% sales to each customer each year, and extend the duration of your relationship with them by 10%, your bottomline will grow by 77%. Do this twice…

If you get 10% more leads, convert 10% more of those leads into customers, increased average transaction value by 10%, grow profit margins by 10%, make an additional 10% sales to each customer each year, and extend the duration of your relationship with them by 10%, your bottomline will grow by 77%.

Do this twice over, and it’ll triple. That’s how exponents work.

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