Tuesday, May 27, 2008

Pareto's Principle and Marketing

I am a strong believer in the Pareto Principle, otherwise known as the
80/20 rule, or the law of the vital few, and the trivial many.
In any human activity, just a small group of factors is responsible for
the lion's share of results, and apply them and see your profits increase.
For example, just 20% of the salespeople earn 80% of the commissions.
20% of the authors sell 80% of the books.
20% of your daily activities generate 80% of your success and income.
And so on.
This certainly applies to the factors governing marketing success no matter what type. As a
result, you do not need to master scores of rules, and learn hundreds of
secrets. Just a few--the right few--will bring you phenomenal success in your Internet business.
Select the area you want to concentrate on not every thing that comes in your email box, or for that matter select one or two online opportunities at most. Then if they are not for you change only after a good go of it , not hit and miss. Remember no mater what bull you are given you will still have to take it one bite at a time no supper fast success usually.

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