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Smart Pizza Marketing Podcast

We teach restaurants and pizzerias how to use social media to grow their business. With our Podcast-Social Media Courses- Mastermind-Live Shows and much more. Visit www.Smartpizzamarketing.com to see how we can help you. Interviews with pizza entrepreneurs and marketing experts.
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Apr 10, 2015

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:

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 Bruce@smartpizzamarketing.com 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

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