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- Are You Leaving Money on the Table? (December 11, 2024)
Are You Leaving Money on the Table? (December 11, 2024)
Dave Lavinsky
December 11, 2024
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Here’s what we will cover today:
Discover how to squeeze more sales from your existing marketing
Unlock the formula for building an 8-figure business
Discover effective strategies to grow your Instagram following
Quote of the Day
“Do what you love and success will follow. Passion is the fuel behind a successful career.”
~Meg Whitman
Today’s Tip
Are you leaving money on the table? Even the best marketing efforts can fall short if you're not converting visitors into customers.
What is a Conversion Rate?
Think of your conversion rate as a measure of how effective your marketing is. It's the percentage of people who take a desired action, like making a purchase or signing up for your newsletter, out of the total number of people who visit your website or see your marketing materials.
Why is it Important?
A higher conversion rate means more customers, more revenue, and a healthier bottom line.
How to Improve Your Conversion Rate:
A/B Testing: Experiment with different versions of your website, emails, or ads to see what resonates best with your audience.
Clear Calls to Action: Make it easy for visitors to take the next step. Use strong, action-oriented language and place your CTAs in prominent positions.
Optimize Your Website: Ensure your website is user-friendly, fast-loading, and mobile-responsive.
Personalize the Experience: Tailor your marketing messages to individual preferences and behaviors.
Build Trust and Credibility: Use testimonials, reviews, and social proof to establish your authority.
Find opportunities to improve your conversion rate optimization, so you can maximize the return on your marketing investment and drive sustainable growth for your business.
Today’s Resource
How to Build a $10 Million+ Company
What’s the difference between successful multi-millionaire entrepreneurs and the typical small business owner just struggling to get by?
Well, there are a LOT of differences, actually…
But I’ve summarized the main differences on this page: How to Build a $10 Million+ Company
The really interesting part is that you don’t have to work yourself to death to grow a wildly successful, eight-figure business...
In fact, when you follow this formula, you can make much more by working less…
Trivia
Today’s Question: What popular product was founded by 7 Italian brothers who were adept at making airplane propellers?
Previous Question: What did Nokia originally sell?
Previous Answer: Paper.
Nokia's history started in 1865 when mining engineer Fredrik Idestam established a groundwood pulp mill in southwestern Finland and started manufacturing paper.
The company has evolved significantly over the years, and today, Nokia is most known for its mobile telephones and portable IT devices.
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