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How To Generate More Sales And Get More Customers. - Business - Nairaland

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How To Generate More Sales And Get More Customers. by AbPurelove(f): 11:04am On Aug 02, 2021
There is a hidden secret in your everyday routine of how you can generate more sales in your business.

And its simply by applying the Mr. Pareto Principle in your business.

Vilfredo Pareto is an Italian Economist who discovered that 80% of the nations wealth are controlled by the 20% of the population.
As he studies this phenomenon he found that the same pattern are also exerted on different areas of life.
20% of workers produce 80% of Result.
20% of input creates 80% of the output
20% of Customers generate 80% of the revenue.

This explains the 80/20% rules.
To generate more sales and get more customers, you have to apply this rules to your business by outlining the activities you need to generate sales and then apply the 80/20% rule to it.
As a business person or an entrepreneur there are some specific activities you need to do such as
Writing copys
Writing email
Creating ads
Shooting videos
Speaking with clients

Find out the 20% of your activities that bring in 80% of the revenue and focus on them. The 80/20 rule demonstrates you can and should disregard 80% of your
business activities. They should either be delegated or outsourced so you can
focus on the top 20% that produce revenue.

Applying the 80/20% rule gets you to do the more productive activities and then generate more sales in your business.

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