How to measure big results of small actions
//THREAD//
//THREAD//
We physicists call this efficiency.
It's also called leverage.
But how is it measured?
And why should you care?
It's also called leverage.
But how is it measured?
And why should you care?
-- Measure --
You divide the number of desired events by the number of all events.
(100% * number of desired events) / (all events)
Here are examples π
You divide the number of desired events by the number of all events.
(100% * number of desired events) / (all events)
Here are examples π
ROI
π efficiency of your employed money in an investment.
Conversion rate
π― efficiency of turning your online traffic into leads
Neutrino efficiency
βοΈefficiency to detect a neutrino particle in a neutrino detector
π efficiency of your employed money in an investment.
Conversion rate
π― efficiency of turning your online traffic into leads
Neutrino efficiency
βοΈefficiency to detect a neutrino particle in a neutrino detector
Let's take for instance my latest ebook release.
I'm interested in the conversion rate, because I want to know if my copywriting works.
If it's good, I get a high conversion rate.
You can get this metric in your gumroad analytics.
You'll find a table at the bottom
I'm interested in the conversion rate, because I want to know if my copywriting works.
If it's good, I get a high conversion rate.
You can get this metric in your gumroad analytics.
You'll find a table at the bottom
This means, that more than a third of the people who view my gumroad page are getting so curious, that they download my free ebook.
I fully understand why, because I'm sharing a secret on how to effortlessly grow your twitter account.
I fully understand why, because I'm sharing a secret on how to effortlessly grow your twitter account.
It's this book, in case you're wondering if you're missing out on some vital information
investby.gumroad.com
Spoiler alert: you're missing out, if you haven't read it yet π
investby.gumroad.com
Spoiler alert: you're missing out, if you haven't read it yet π
-- Why should you care about efficiency? --
Because it means you can get big results with small actions.
Do the right thing and get stellar results.
The lazy way to success at your finger tips.
Because it means you can get big results with small actions.
Do the right thing and get stellar results.
The lazy way to success at your finger tips.
Are you measuring your efficiency?
Leave a comment, RT the first tweet and follow @InvestbyImmo for more insights on effortless growth.
Leave a comment, RT the first tweet and follow @InvestbyImmo for more insights on effortless growth.
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