Smart Pizza Marketing Podcast

SPM #6 Quick Tip Friday: 80/20 Principle


Listen Later

The 80/20 Principle Applied to your Business

In today's quick tip episode I want you to focus on the 80/20 principle. The 80/20 principle is a way to look at your efforts whatever you are doing and asking, where are your results coming from? I would be willing to bet that 80% of your results coming from 20% of your effort.

Are they? You can apply this to any aspect of your business and most likely it will apply. 

Today, take a look at the different areas of your business and apply it and see for yourself. 

Test them on these areas:
  • All your marketing (whats bringing in the best return)
  • Your hourly sales (what hours are 80% of your sales coming in?)
  • Your menu (what items make up 80% of your sales)
  • Daily sales (what days make up the majority of your weekly sales)
  • The next step is to start the process of focusing all your efforts on the 20% and eliminating the 80% that is wasting your time and resources.

    More Information:
    • 80/20 principle by Perry Marshall (book)
    • 80/20 principle (audio book)
    • Thanks for listening to this episode. I would love to hear if you have applied this to your business and what was the result of those tests. Email me [email protected] and tell me your story.

      Look forward to hearing from you.

      If your like this episode please subscribe in Itunes or Stitcher to be sure you never miss an episode in the future.

      Visit Smartpizzamarketing.com for tips and resources to help grow your business or for help with anything mentioned in this show.

      Twitter: https://twitter.com/Irvingmedia

      Facebook: https://www.facebook.com/Smart-Pizza-Marketing

      Google+: https://plus.google.com/+Smartpizzamarketing

       

      Please leave your rating and review

      ...more
      View all episodesView all episodes
      Download on the App Store

      Smart Pizza Marketing PodcastBy Smart Pizza Marketing

      • 4.9
      • 4.9
      • 4.9
      • 4.9
      • 4.9

      4.9

      122 ratings


      More shows like Smart Pizza Marketing Podcast

      View all
      The Joe Rogan Experience by Joe Rogan

      The Joe Rogan Experience

      229,089 Listeners

      THE SAVAGE NATION by Michael Savage

      THE SAVAGE NATION

      12,150 Listeners

      The EntreLeadership Podcast by Ramsey Network

      The EntreLeadership Podcast

      4,399 Listeners

      The GaryVee Audio Experience by Gary Vaynerchuk

      The GaryVee Audio Experience

      16,833 Listeners

      REAL AF with Andy Frisella by Andy Frisella

      REAL AF with Andy Frisella

      32,723 Listeners

      Pizza City with Steve Dolinsky by Steve Dolinsky

      Pizza City with Steve Dolinsky

      104 Listeners

      The Shawn Ryan Show by Shawn Ryan

      The Shawn Ryan Show

      44,256 Listeners

      What's Good Dough? Pizza by What's Good Dough

      What's Good Dough? Pizza

      102 Listeners

      The Hot Slice by Pizza Today

      The Hot Slice

      28 Listeners

      Pizza Quest by Heritage Radio Network

      Pizza Quest

      15 Listeners

      All the Hacks: Money, Points & Life by Chris Hutchins

      All the Hacks: Money, Points & Life

      1,613 Listeners

      PIE 2 PIE - A Pizza Maker’s Podcast by Alex Koons

      PIE 2 PIE - A Pizza Maker’s Podcast

      52 Listeners

      Peel: A PMQ Pizza Podcast by PMQ Pizza

      Peel: A PMQ Pizza Podcast

      10 Listeners

      How You Slice It by Slice

      How You Slice It

      23 Listeners

      Pizza Story Podcast by Erica D'Arcangelo

      Pizza Story Podcast

      2 Listeners