The 5 Drivers of Profit

In this chapter we will see some tips to boost your profits. If you can implement one, it will help. If you can implement several of them, the difference will be amazing!

We call these the 5 Drivers of Profit:

  1. Increase number of leads
  2. Increase lead conversion rate
  3. Increase average revenue per sale
  4. Increase number of transactions per customer
  5. Add value

Lesson Summary

In this chapter, we will explore tips to boost your profits by focusing on the 5 Drivers of Profit:

  • Increase the number of leads
  • Increase lead conversion rate
  • Increase average revenue per sale
  • Increase the number of transactions per customer
  • Add value

Implementing one of these strategies can have a positive impact, but incorporating several can lead to amazing results.

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