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www.bestbusinesscoach.ca. Best Business Coach - Lessons. • Testing & Tracking Advertising ROI • Solutions To Five Familiar Employee Problems & Enhanced Training System • Small Business Automation Strategies • Lead Generation Methods, Strategies & Techniques • Behavior Based Marketing
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www.bestbusinesscoach.ca Best Business Coach - Lessons
• Testing & Tracking Advertising ROI • Solutions To Five Familiar Employee Problems & Enhanced Training System • Small Business Automation Strategies • Lead Generation Methods, Strategies & Techniques • Behavior Based Marketing • Direct Mail Campaigns That WORK • Online Traffic Systems Made Easy • Profitable CRM Systems 101, 102 & 103 • How to Write Ads That Sell • How to Optimize Your Sales Process • 10x Referral System • How to Use Email To Automate Your Marketing For A Year • Intro to Joint Ventures & Boosting Your Income Via Other Businesses • How to Make More Per Customer Than Your Competition
www.bestbusinesscoach.ca How To Double Your Business in12 Months or less Presented By: Daryl Urbanski
Who should participate? • Has an honest, open mind and progressive attitude • Is extremely busy and needs a time-efficient way to learn and grow • Is highly motivated to make improvements in marketing and sales methods • Is eager to substantially increase their income • Is willing to share ideas, experiences and help other like-minded business owners
Who Should NOT Participate? • Are set in their ways, stubborn, fearful of change and/or ignore truth • Are satisfied with or married to their present advertising, marketing and sales methods • Have no need or desire for increase of income, wealth or valuable business skills • Are selfish, unappreciative and/or have poor integrity • Have a lack of self-discipline and are not serious about mastering business
What You Will Learn • T x C = $$$ Lesson 101 • How Much Does A Customer Really Cost You? • Why the #1 Problem In Your Business is YOU
Lesson 1: T x C = $$$ • First from the man many consider the “Godfather of Internet Marketing” • Applies Online + Offline • Develops Business “System Thinking” • Instantly Highlights Areas of Opportunity in Your Business • Get a pen & paper ready • Follow my instructions • EXTREMELY POWERFUL! • Please do not shrug it off • Allowed me to grow 217% in 8 months, PLUS create an additional 3 streams of income. • LIFESTYLE!!!!!!!
T x C = $$ Traffic x Conversion = $$
Look At Your Entire Business As An Assembly Line, As A Funnel
Advertisement Phone Call Appointment Show Rate Sale 100 X 10% = 10 X 33.33% = 3 X 67% = 2 X 50% = 1 $100 $10 $33.33 $50 $100 X 50% = 2 X 67% = 4.46 100 X 20% = X 33.33% = 6.6 20 $300 Profit (3x Increase)
Advertisement Phone Call Appointment Show Rate Sale 100 X 10% = 10 X 33.33% = 3 X 67% = 2 X 50% = 1 $100 $10 $33.33 $50 $100 X 50% = 2 X 67% = 4.46 100 X 20% = X 33.33% = 6.6 20 $100 $5 $16.7 $25 $50 6 X 45% = 9 X 67% = X 50% = X 20% = 20 3 3 x $200 = $600 - $100 = $500 Profit!! 5x Increase
Traffic x Conversion = $$$ Cost of Traffic x Cost Of Conversion = Net Profit What Does Your Funnel Look Like?
What You Will Learn • T x C = $$$ Lesson 101 • How Much Does A Customer Really Cost You?
Your Business Lives & Dies Based On 2 Metrics Cost Per 1st Sale Net Customer Value(also known as) Lifetime Customer Value How Much Does A Customer Cost You? You NEED To Know This.
But Why? A Sale Is A Golden Egg A Customer is a goose that lays golden eggs. ‘Everybody’ knows many businesses depend on their regular customers to survive.
Advertisement Phone Call Appointment Show Rate Sale 100 X 10% = 10 X 33.33% = 3 X 67% = 2 X 50% = 1 $100 $10 $33.33 $50 $100 $200 Product = $100 Profit
Advertisement Phone Call Appointment Show Rate Sale 1 Sale 2 Sale 3
What Was The Question? Do You Want To SuperSize That? Which Popular Fast Food Restaurant DRASTICALLY Increased Their Net Profit With 1 Question?
Famous Shampoo Company DOUBLED ProfitsBy Adding 1 Word To Their Bottle: Repeat Lather, Rinse & Repeat Urban Myth:
Advertisement Phone Call Appointment Show Rate Sale 100 X 10% = 10 X 33.33% = 3 X 67% = 2 X 50% = 1 $100 $10 $33.33 $50 $100 $200 Product = $100 Profit
Sale 1 Sale 2 Sale 3 $100 Profit $100 Profit $1,000 Profitor10 People x50% $1,500 Profit(5 People) x50% $1,750 Profit(2.5 People)
What You Will Learn • T x C = $$$ Lesson 101 • How Much Does A Customer Really Cost You? • Why the #1 Problem In Your Business is YOU
But It Cannot NOT Be Done You Don’t Scale You Need A Better Strategy Either You Do It – Or Somebody Else Does It
Checklists How To Tutorials For New Staff People 10,000 RULE
Outline The Positions & Tasks Of Your Business Funnel Step 1: Advertisement Phone Call Appointment Show Rate Sale 1 Sale 2 Sale 3
Take A Look At What You’ve Written Down Then Think About The 10,000 RULE Step 2:
Advertisement Phone Call Appointment Show Rate Sale 100 X 10% = 10 X 33.33% = 3 X 67% = 2 X 50% = 1 $100 $10 $33.33 $50 $100 X 50% = 2 X 67% = 4.46 100 X 20% = X 33.33% = 6.6 20 $100 $5 $16.7 $25 $50 6 X 45% = 9 X 67% = X 50% = X 20% = 20 3 3 x $200 = $600 - $100 = $500 Profit!! 500% Increase
But Business Is Measured In Dollars Businesses Are Supposed To Provide VALUE “Make me look & feel good about myself” “Make it easier for me” “Improve my health” “Save me time” “Help me live better/do my work better” People are NOT $$$
Business is about HELPING PEOPLE Problems Are Markets! “I’m hungry” “My ___ hurts” “I’m bored” You WANT People To Buy More
Either By Doing Something For Them Or Empowering Them To Help Themselves Right now I’ve given you 3 toolsyou can use right now To Double Your Business Let me empower you Sales = Making People’s Lives Better
T x C = $$$ “Funnel Vision” Your business is a series of processes & steps Second: Understand How Much A Customer Costs You Understand How Much A Customer Is WORTH First:
A Sale Is A Golden Egg A customer is a goose that lays golden eggs. Third:
Summary: T x C = $$$ • Develop/Test Sales Process • Optimize Your Sales/Conversion Process • Gain Clarity On Best ROI Lead Gen Focus • Maximize ROI of Marketing Dollars • Instantly Highlight Areas Where You Can Improve Results • Look At Your Business As A Long Term Relationship With Customers
Advertisement Phone Call Appointment Show Rate Sale 100 X 10% = 10 X 33.33% = 3 X 67% = 2 X 50% = 1
Summary: Cost Per Customer / LCV • Make sure you’re constantly doing something to generate lead flow. • ** Keep an eye on your marketing ROI ** • Know if your business is dying or growing. • Keep thinking “What’s Next?” to Increase LCV and build long term relationships with customers. • Create Stability & Longevity In Your Business
Your $1 Marketing = $15 Net Profit Competitive Advantage? Their $1 Marketing = ??? Net Profit = You Win / They Lose
Summary: You • Build Your Business So You Can Jump In & Out As You Choose. (focus on what you love to do) • How To Design it for Growth • Clarity of Purpose (what is your black box?) • Maximum Operational Efficiency • Peace of Mind • Be REAL About Your Strengths, Weaknesses & Limitations. • Build a Business to Support Your Ideal Lifestyle
Well done • This knowledge is now yours forever. • I am personally invested in your success • Even if you DON’T double your business.. How many more customers or sales do you need to get from this information to have made all this worth your time?
Nominated: “Young Entrepreneur Of The Year 2013” Kingston Chamber Of Commerce About Daryl Urbanski
His Mission: Daryl Urbanski