Our Profit Growth Consultants are dedicated to making your business the best it can be. Consulting Unternehmensberatung Gastronomie: Contact one of our Profit Growth Consultants with many years of proven expertise and remarkable track record to assist your company to take business operations to the next level resulting in a significant growth in profits.
Bear in mind that a sales process is different from a sales methodology and sales funnels are different from sales pipeline. While the process is a top down perspective of the steps to be completed in a sale, the methodology involves the approach a salesperson or sales automation takes in executing these steps. There are a variety of sales methodologies your sales managers in control of your marketing platform can deploy, including but not limited to multi channel marketing, hyperlocal marketing, interruption marketing, behavior based marketing, problem-solution method, consultative selling, inbound marketing and various advertising methods.
Most initiatives for new growth never manifest in their intended results, simply because the company is not ready to execute them effectively. The only way to overcome this situation is to develop a doable action plan, assess it against the current data given, and then implement and align everything in terms of sales process, leadership, communication, marketing, order processing, customer experience and so on so that the target can actually be reached.
Managing Your Profit Growth Expectations
Our approach is to regard the process as a sequence of entry-point, agreeing to the terms for profit growth, diagnosis - our Profit Growth Consultants call it "download", fact finding, evaluation, presentation of the analysis, recommendation of the first 'one big thing' that will move the needle within 12 weeks, implementation, tracking, optimization, scaling and then go back and repeat. 80-20 rule is prevalent when it comes to this. And 80% of the one-step action plan is going to involve either following up more with leads and or customers, or getting more turnover per transaction, which might be a one-click upsell, One-Time-Offers, downsells, retargeting or simply selecting better price points etc.. Then the art for the Profit Growth Consultant really becomes to keep the entrepreneur focused, because clients, especially when they see that things start working, they love to get distracted and try other methods which tend to break the machine.
How To Leverage Additional Reach To Drive Profit Growth
The undeniable advantage of having documented outline of the recommendation prescribed by one of our Profit Growth Consultants is that you as an entrepreneur / business owner and your team have a collection of action steps to fulfill in a consistent manner and without anybody having to guess, estimate or even think about what to do next.
Unique Behavior Based Distinction As The Key To Supercharging Your Profit Growth
Our approach is to regard the process as a sequence of entry-point, agreeing to the terms for profit growth, diagnosis - our Profit Growth Consultants call it "download", fact finding, evaluation, presentation of the analysis, recommendation of the first 'one big thing' that will move the needle within 12 weeks, implementation, tracking, optimization, scaling and then go back and repeat. 80-20 rule is prevalent when it comes to this. And 80% of the one-step action plan is going to involve either following up more with leads and or customers, or getting more turnover per transaction, which might be a one-click upsell, One-Time-Offers, downsells, retargeting or simply selecting better price points etc.. Then the art for the Profit Growth Consultant really becomes to keep the entrepreneur focused, because clients, especially when they see that things start working, they love to get distracted and try other methods which tend to break the machine.
Chances are that the most common factor for seeking advice is to gather information. Compiling this information may involve fact-finding tools, customer surveys, split-testing, adding follow-up sequences, leveraging and increasing automation in the sales process, implementing behavior based marketing, thinking outside the box, etc.. The entrepreneur may want the Profit Growth Consultant's special expertise and latest proven sales process innovation he can implement in the sales pipeline of his business. Another driving force for hiring a Profit Growth Consultant might be that the company is not capable of doing it on its own or simply just does not have the resources in terms of time, money and manpower to develop everything internally.
How Remarketing Can Enhance your Profit Growth Even Further
How the culture inside your business can make or brake it:
Company culture plays a major role in the daily reality for employees. What is the atmosphere at work? Is it friendly, aligned and cohesive or toxic and cutthroat? Are your coworkers stressed out, lazy, intriguing, boring, or target driven, collaborative and in the flow, do they enjoy what they do, and are they happy to give it all?
The Profit Growth Consultant’s role regarding implementation of his own advice is subject to a remarkable discussion in the consulting industry. One could claim that a consultant who assists to implement his own recommendations takes on a much wider responsability that exceeds the one of a profit growth consultant and might even be at risk of conflict of interest. Others reckon that not helping with putting everything into effect can only be construed as non-professional because the risk of missing out on potential realistic additional profits comes close to 100% if the recommendations are not or badly implemented as they normally should be. Besides there are workarounds for the consultant without having to take on the manager's job in charge of implementation, e.g. outsourcing to an independent specialist or freelancer who just gets these things done and implemented.
The undeniable advantage of having documented outline of the recommendation prescribed by one of our Profit Growth Consultants is that you as an entrepreneur / business owner and your team have a collection of action steps to fulfill in a consistent manner and without anybody having to guess, estimate or even think about what to do next.
Planning To Achieve Profit Growth By Expanding Your Business?
You must be able to track the changes you implement. Otherwise you have no way of determining whether or not the changes made have been effective. Identify which key performance indicators affect profit growth, then dedicate resources to those areas and scale while permanently monitoring everything. Refrain from comparing historical and current data, this just isn’t happening under the same conditions. Do splittesting instead for valid data.
The undeniable advantage of having documented outline of the recommendation prescribed by one of our Profit Growth Consultants is that you as an entrepreneur / business owner and your team have a collection of action steps to fulfill in a consistent manner and without anybody having to guess, estimate or even think about what to do next.
The engagement with Profit Growth Consultants typically concludes with a presentation and written report which summarizes the action steps in detail the client should implement to move the needle. We devote a great deal of effort to putting those reports together in such a way that the starting point is clearly defined and presented as such and the recommended implementations are convincingly related to the analysis on which they are based. The mandate can be construed as fulfilled when the profit growth consultant presents a consistent action plan containing a sequence of steps designed to solve the diagnosed issue or improve something that has been working to a certain extent. The Profit Growth Consultant recommends and the entrepreneur implements.
An effective profit growth consulting process involves working with the issue as defined by the client/entrepreneur in such a shape and form that more useful processes emerge organically as the engagement moves forward. Since most business owners are ambivalent about their requirements for help with their most important issues, the Profit Growth Consultant must skillfully react to the customer’s implicit needs. Our Profit Growth Consultants interprete a consultant’s need to entirely explore a situation prior to coming up with a solution and should realize that the definition of the most essential gap in any of the client's processes may well shift as the study proceeds. Chances are that even the most impatient entrepreneur will consent that neither a solution to an off-topic issue nor a solution that won’t be implemented is of any help to him.
Offering Value Added Services Can Increase Your Profit Growth
Behavioral changes can best be achieved when integrated with more traditional approaches. And consulting clients have a right to expect from all profit growth consultants, whatever their field of expertise might be, that they are sensitive to human interactions and relationships and skilled in improving the company's ability to solve future as well as present issues.
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