80/20 Rule – Pareto Principle
80/20 Rule – Pareto Principle
Do you know what the 80/20 Rule is or how it can help you?
The 80/20 Rule is also know as the Pareto Principle!
Using the 80/20 rule you can significantly boost your profits by the following ways:
#1) To their sales team
#2) To their products and services
#3) In identifying and fixing problems
#4) In developing their customer care strategy
In summary:
The most successful businesses utilize the Pareto Principle to ensure that all operations conducted within the business are contributing to the overall success of the business.
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