Answer To Yesterday’s Riddle:
Marketer, Know Thy _______!
If you guessed “Metrics”, you were correct.
Casey, Andrew, Glen, Diane, Stephen, Irwin and Doug got this one correct.
If you haven’t read the Ultimate Sales Funnel yet, you will need to for this next “commandment.”
“Marketer, Thou Shalt Create A Realistic _______ _____!
Hint #1: The first draft should be completed after the initial research and collection of market trending data, but should be considered before you even start researching.
Hint #2: It will change over time, and will affect many other aspects of your business. As you get a firm grasp on your metrics, the projections in this become “scientific.”
Hint #3: Companies that do this right, will exploit gaps and discover new ways to test, optimize and monetize.
Can you guess what this is?
Tim Erway
A: Sales Funnel
I loved the flowcharts and the great explanations of each metric.
Great stuff!!
Dan Kelly
http://www.MiniSiteSecretsRevealed.com
The answer is: Market Analysis.
Tim,
In the split testing video, there were numbers under the actions column. Does this number indicate number of people who opted in (e.g. entered the name, email and hit submit)?
Thanks.
P.S. I believe I will leave the answer to question #2 for someone else. It would be cheating if I gave it away
business plan
The answer is revenue model.
Glen
Revenue Model.
Revenue model
business plan
Great stuff Tim!
Keep it coming.
Many thanks,
Sam
http://www.dirtyworksolutions.com
Realistic Revenue Model
Though shalt create a realisitic revenue model.
You’ve been doing your homework!
(Now we know that you actually do use your own stuff
This is the type of research I exactly want to know about.
Revenue model.
revenue market
more of strategy and less of research with short term planning
Business plan/Revenue Model