{"id":1258,"date":"2012-01-02T11:15:35","date_gmt":"2012-01-02T16:15:35","guid":{"rendered":"http:\/\/www.completemarketingsystems.com\/cms\/?p=1258"},"modified":"2011-12-24T07:28:35","modified_gmt":"2011-12-24T12:28:35","slug":"do-you-know-your-numbers","status":"publish","type":"post","link":"https:\/\/www.completemarketingsystems.com\/cms\/do-you-know-your-numbers","title":{"rendered":"Do You Know Your Numbers&#8230;"},"content":{"rendered":"<p>Jeff Paul says marketing is psychology plus math.\u00a0 You need psychology for the sales part of the equation and math to know what your profits are, to see your return on investment, and to know your costs.<\/p>\n<p><a href=\"https:\/\/www.completemarketingsystems.com\/cms\/wp-content\/uploads\/2011\/12\/numbers.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-1259\" title=\"numbers\" src=\"https:\/\/www.completemarketingsystems.com\/cms\/wp-content\/uploads\/2011\/12\/numbers-300x290.jpg\" alt=\"\" width=\"300\" height=\"290\" srcset=\"https:\/\/www.completemarketingsystems.com\/cms\/wp-content\/uploads\/2011\/12\/numbers-300x290.jpg 300w, https:\/\/www.completemarketingsystems.com\/cms\/wp-content\/uploads\/2011\/12\/numbers.jpg 450w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>This may seem simple and obvious.\u00a0 And, it is.\u00a0 Or you would think, but when I consult with clients, whether they have been in business a very short time, or are running a multi-million dollar business, most of them have no idea what their numbers are.<\/p>\n<p>You might be asking what numbers I\u2019m talking about, so let\u2019s get a little more specific about what numbers are important.<\/p>\n<p>Let\u2019s start with client acquisition first.\u00a0 Do you know what it costs you to get a new client?\u00a0 In order to make a determination as to how much you can spend to get a new client, you have to know what the value of the client is, and what the average lifecycle of the client is.\u00a0 In other words, once somebody buys from you, how long do they remain an active client, attending events, continuing to buy products and services from you?\u00a0 It might be 18 months or longer, or it might be 90 days.\u00a0 Whatever the number is for your business, you\u2019d better know what it is.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jeff Paul says marketing is psychology plus math.\u00a0 You need psychology for the sales part of the equation and math to know what your profits are, to see your return on investment, and to know your costs. This may seem simple and obvious.\u00a0 And, it is.\u00a0 Or you would think, but when I consult with&#8230;<\/p>\n<p style=\"font-style:italic; text-align:right; font-family:Georgia;\" class=\"readmore\"><a href=\"https:\/\/www.completemarketingsystems.com\/cms\/do-you-know-your-numbers\"class=\"readmore red-clr underline\">Read More<\/a><\/p>\n","protected":false},"author":89,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[25,32],"tags":[29,148,709,54,171,13,10,16,30,44,31],"class_list":["post-1258","post","type-post","status-publish","format-standard","hentry","category-articles-direct-mail","category-articles-marketing","tag-business","tag-business-owner","tag-business-strategy","tag-business-systems","tag-clients","tag-complete-marketing-systems","tag-diane-conklin","tag-direct-mail","tag-entrepreneur","tag-small-business","tag-small-business-owner"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.completemarketingsystems.com\/cms\/wp-json\/wp\/v2\/posts\/1258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.completemarketingsystems.com\/cms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.completemarketingsystems.com\/cms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.completemarketingsystems.com\/cms\/wp-json\/wp\/v2\/users\/89"}],"replies":[{"embeddable":true,"href":"https:\/\/www.completemarketingsystems.com\/cms\/wp-json\/wp\/v2\/comments?post=1258"}],"version-history":[{"count":2,"href":"https:\/\/www.completemarketingsystems.com\/cms\/wp-json\/wp\/v2\/posts\/1258\/revisions"}],"predecessor-version":[{"id":1261,"href":"https:\/\/www.completemarketingsystems.com\/cms\/wp-json\/wp\/v2\/posts\/1258\/revisions\/1261"}],"wp:attachment":[{"href":"https:\/\/www.completemarketingsystems.com\/cms\/wp-json\/wp\/v2\/media?parent=1258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.completemarketingsystems.com\/cms\/wp-json\/wp\/v2\/categories?post=1258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.completemarketingsystems.com\/cms\/wp-json\/wp\/v2\/tags?post=1258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}