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MeasurementTest them ALL Sam Sooi - Sunday, April 26, 2009
Michael Poole tested out a killer postcard idea to sell his medical testing services. A mere $500 investment in the test returned a $900,000 total profit! Letters, postcards, emails. Test them all.
'Double Your Money Back' Sam Sooi - Sunday, April 12, 2009
A supermarket tested a 'double your money back' guarantee on five categories of grocery items. Business in those categories doubled quickly. Testing like this is cheap, and the risk is low, with large return.
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Recent Posts
- What hours are you open? Could you test other hours?
- Measure KPI
- Work with an external accountant for tax planning
- Complete weekly bank reconcilliation
- Have a daily banking system
- Have a system for payroll and superannuation
- Record the number of transactions for each customer
- Complete a purchasing system for all interanal purchases
- Budget...
- Average Sale Value for every team member
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Average Sale ValueLast Posted: 30-Jun-2008 | Total Posts: 17 |
Cash CollectionLast Posted: 30-Jun-2008 | Total Posts: 13 |
Conversion RateLast Posted: 30-Jun-2008 | Total Posts: 17 |
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MeasurementLast Posted: 30-Jun-2008 | Total Posts: 17 |
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TrainingLast Posted: 30-Jun-2008 | Total Posts: 17 |
Transaction FrequencyLast Posted: 30-Jun-2008 | Total Posts: 17 |
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