Spm Podcast |marketing And Social Media Tips For The Restaurant And Pizza Industry

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 listen