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Trish Witkowski@foldingfanatic | trish@foldfactory.com
CHIEF EXECUTIVE OFFICER
FOLDFACTORY
TORONTO, ON ~ MAY 18 – 19, 2017 | DIGIMARCONCANADA.CA
#DigimarconCanada
The Edge: The 2% House
Advantage That Turns Soft
Sales Into Hard Cash
KEYNOTE
Print is an opportunity
like never before.
Where does it end?
What’s the ROI?
The process can be long, and there are no guarantees.
Relationship selling is time-consuming and expensive.
Don’t forget the freebies!
By nature, relationships
are emotional, unbalanced,
and unpredictable.
RELATIONSHIP MARKETING is:
HIT OR MISS
MEDIOCRITY happens when:
✓ We don’t have a plan
MEDIOCRITY happens when:
✓ We don’t have a plan
✓ We let emotion drive decisions
MEDIOCRITY happens when:
✓ We don’t have a plan
✓ We let emotion drive decisions
✓ Our results aren’t scalable/repeatable
MEDIOCRITY happens when:
Business is a long game.
Relying on luck and instinct
is a losing bet over time.
SUCCESS is repeatable when:
✓ We commit to a plan
SUCCESS is repeatable when:
✓ We commit to a plan
✓ We remove emotion from the process
SUCCESS is repeatable when:
✓ We commit to a plan
✓ We remove emotion from the process
✓ We use data to generate insight
SUCCESS is repeatable when:
KEEP SCORE.
SET THE STRATEGY. TRUST IT.
THE DATA WILL TELL YOU WHICH MOVE TO MAKE.
STOP PLAYING BATTLESHIP.
START PLAYING
BLACKJACK.
Objective: Beat the dealer without going over 21
DEALER UP: 4 YOUR HAND: 12
TAKE A CARD?
DEALER UP: 4 YOUR HAND: 12
HOUSE EDGE
CLIENT EDGE = ?%
DEALER UP: 4 YOUR HAND: 12
Basic Strategy Says: STAND
DEALER:
40% BUST RATE
HOUSE EDGE
PROBLEM:
There is no “Basic Strategy”
chart for business.
But there are distinct parallels
between Blackjack moves and
the moves we make in business.
Stay the
course
Provoke
action
Go
“all-in"
Hedge
your bet
YOUR EDGE
Card counters keep a running score:
2 – 6 = +1 7 – 9 = 0 10 – Ace = -1
Card counters keep a running score:
+1
RUNNING SCORE: 1
Card counters keep a running score:
+1
RUNNING SCORE:
-1
0
Card counters keep a running score:
+1
RUNNING SCORE:
-1 +1
1
Card counters keep a running score:
+1
RUNNING SCORE:
-1 +1 +0
1
Card counters keep a running score:
+1
RUNNING SCORE:
-1 +1 +0 -1
0
Card counters keep a running score:
+1
RUNNING SCORE:
-1 +1 +0 -1 +1
1
Card counters keep a running score:
+1
RUNNING SCORE:
-1 +1 +0 -1 +1
2
+1
Card counters keep a running score:
+1
RUNNING SCORE:
-1 +1 +0 -1 +1+1
3
+1
PLAYER’S EDGE
THE FOUR KEY MOVES + KEEPING SCORE =
THE EDGE
Card counters know
when the odds are in their favor,
and when they’re not.
The DATA tells them
which move to make.
In business, if we want to know
when the odds are in our favor,
we need to think like Jeff Ma.
UPDATE: Today, Jeff Ma is in the business
of predictive data analytics.
KEEP SCORE.
SET THE STRATEGY. TRUST IT.
THE DATA WILL TELL YOU WHICH MOVE TO MAKE.
DANYL BOSOMWORTH / i-to-i TRAVEL & TOURISM
3% conversion rate
“Where are we doing well?”
Do you like adventurous food?
Have you taken the TEFL exam?
Have you traveled outside the United States?
Aspiration = Buying Intent
11x
MORE LIKELY TO
COMPLETE 3 LEAD TOOLS
Most Likely to Close (+4)Least Likely to Close (-5)
Target Audience
Target Audience NEW Target Audience
IN 3 YEARS, DAN GREW
THE PROGRAM BY
AND GREW ANNUAL REVENUE FROM
30%
$2MM to $6MM
Dan chose to:
on his marketing strategy
his sales approach by audience
with lead tools and a sliding scale
TO GET BETTER LEADS,
YOU HAVE TO
KEEP BETTER SCORE.
✓ 1.5M+ YouTube views
✓ 20,000 loyal subscribers
✓ Building relationships!!
✓ 1.5M+ YouTube views
✓ 20,000 loyal subscribers
✓ Building relationships!!
NOT KILLING IT
WHAT ARE THEY DOING RIGHT?
IT’S NOT JUST
KNOWING THE MOVES.
IT’S KNOWING WHEN
TO USE THEM.
IT’S NOT JUST
KNOWING THE MOVES.
IT’S KNOWING WHEN
TO USE THEM.
the data will tell you the best next move
✓ Set a DATA-INFORMED PLAN
✓ TRUST the plan, rather than your gut
✓ KEEP SCORE, and the data will
tell you the best next move to make
BRIAN BENSON / BENSON INTEGRATED MARKETING
~$6MM
“How can we make our CUSTOMERS
look like HEROES in their organizations?”
Brian asked:
He sent a monthly customer survey
What are you struggling with in your organization?
What would make your job easier?
What are you struggling with in your organization?
What would make your job easier?
“Why do outdoor signs take
6–12 weeks to produce?”
What are you struggling with in your organization?
What would make your job easier?
“Why do outdoor signs take
6–12 weeks to produce?”
“Branded apparel is killing us!”
SIGNS IN 2 WEEKS!
Opportunity: Multifamily Real Estate
Brian also KEEPS SCORE by comparing
his clients to one another . . . and then
sharing the data with his clients..
The DATA keeps him focused on his
customers’ needs, and helps his customers’
improve their processes and save money.
NEXT: Banking Industry?
ON PACE TO HIT
$50MM in 2018
Brian chose to:
by disrupting new markets
in the multi-family real estate market
with feedback and transparency
YOUR MOST POWERFUL WIN MAY BE
DEEP, RATHER
THAN WIDE
CHRISTOPHER WALKEY / GLASS OF BUBBLY
“What if I created a LEADERBOARD for
Champagne houses? Would they INTERACT?”
Christopher asked:
Site Traffic
600%
✓ Tracking 200 Champagne houses
✓ 4th year of the Magazine
✓ Weekly e-newsletter
✓ International tasting events
✓ Sponsors and fans
Christopher chose to:
by provoking a response
with leaderboards and social media
YOU’LL NEVER KNOW
WHERE YOU STAND UNTIL YOU
MAKE A MOVE
What about my business?
FOCUS: B2B
✓ 60,000 views
✓ 115,000 impressions per month
GROWTH: B2C
NEW!
B2C
B2B
The data is telling us to: SPLIT
✓ Make a move: Stand, Hit, Double Down or Split
✓ Gather constant feedback
✓ Let the data drive you to the best next move
✓ Focus in and trust the process
FIND YOUR EDGE
ALWAYS
KEEP SCORE.
The Edge: The 2% House Advantage That Turns Soft Sales Into Hard Cash - Trish Witkowski, Foldfactory

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The Edge: The 2% House Advantage That Turns Soft Sales Into Hard Cash - Trish Witkowski, Foldfactory

Hinweis der Redaktion

  1. Speaker Cover Slide
  2. The goal is to beat the dealer without going over 21.
  3. So how can we reduce the house edge so we increase the odds of winning – not just at black jack but with our business.
  4. Their built in profit on every bet is 3%
  5. Business overly optomitisc subjective….
  6. Built in Advantage
  7. Same cards again… And you do the count.
  8. Same cards again… And you do the count.
  9. Same cards again… And you do the count.
  10. Same cards again… And you do the count.
  11. Same cards again… And you do the count.
  12. Same cards again… And you do the count.
  13. Same cards again… And you do the count.
  14. Same cards again… And you do the count.
  15. Same cards again… And you do the count.
  16. Same cards again… And you do the count.
  17. Same cards again… And you do the count.
  18. Original notes: Cardcounters keep a true count and get so good at it that they know when to bet big and when to leave the table. We need to think like Jeff Ma if we want an edge in business.
  19. Original notes: Cardcounters keep a true count and get so good at it that they know when to bet big and when to leave the table. We need to think like Jeff Ma if we want an edge in business.
  20. Same cards again… And you do the count.
  21. Welcome Slide Template