|
The Pareto Principle - the 80/20 rule |
Have you, should you or do you apply the 80-20 rule to your business? That is the law of the vital few: 80% of your sales probably come from 20% of your clients.
With that in mind here are 4 questions to ask yourself? Would it be more profitable if you concentrated on just your prime target market? Should you apply the 80-20 rule overall? Should you apply the 80-20 rule to each market segment? Who are your top 20%?
If this is something you haven't done for a while, grab a coffee, pull up your database or your sales statistics and run through the questions above.
![]() |


Comments
Post has no comments.