Conversion Rate – whether it’s converting a “potential” customer into a “buying” customer or a girlfriend into a wife–conversion rate is very important and, in business, this rate percentage is often overestimated.
The definition of conversion rate is the percentage of people who did buy divided by those who could have bought. For example, if you had ten people walk through your store today and you sold to three of them, you would have a conversion rate of three out of 10, or 30 percent.
There are many strategies a business can use to improve its conversion rate. One of the most important is identifying your customer’s number one concern in doing business with you and then promising them it won’t happen when doing business with you. Domino’s Pizza made a name for themselves when they promised “30 minutes or it’s free”. They identified a key concern of people calling for a pizza–which it wouldn’t be delivered on time. This simple guarantee or USP (unique selling point) made them a household name.
Other strategies to improve conversion rates are: measuring conversion rates, staying in touch with your customers through cards, newsletters, etc., using testimonials, quality brochures, rewriting quotes and proposals into action plans, educating on value not price, using sales scripts, and defining your uniqueness.
If there’s nothing different about you, people will only buy from you because of convenience, or price, nothing more.
About ActionCOACH
Brad Sugars founded the brand Action International in 1993 when he realized there was a disconnect between business advice and implementation. The answer was Action! Brad Sugars created a business coaching company so that business owners throughout the world can realize their goals in business. Today the company is known as ActionCOACH. To learn more about business, visit Brad Sugars Review blog!
Reason #1: Different styles and methods of business coaching don't work for everyone
It's important to be honest with yourself and conduct a realistic assessment when it comes to business coaching. Though business coaching can have many benefits, it might not work for everyone.
Every individual brings their own experiences and values to the coaching dynamic, so results will vary. Additionally, some individuals might need more than just a coach. They might also need specialised knowledge or communication strategies specific to their industry or target audience. Below are a few key factors to consider:
Reason #2: There is no clear focus or vision (talk about time dedication here too)
cIt's important to be honest with yourself and conduct a realistic assessment when it comes to business coaching. Though business coaching can have many benefits, it might not work for everyone.
Business coaching is an effective tool for developing a clearer focus and vision for growing your business. A good coach will help you to take a comprehensive look at your strengths, weaknesses, and available resources that can be used to reach those goals. They will also help you draw up action plans with step-by-step instructions to get there.
By providing honest feedback and being patient throughout the process, a business coach can make sure that you’re on the right track. This will enable you to set realistic milestones and tasks.

These tasks may need dedicated time outside of coaching sessions. For example, a coach might help a client develop a marketing strategy or implement new systems for managing employees. However, if the client does not have enough time to devote to these tasks outside of coaching sessions, progress will likely stall.
Both the coach and the client must have enough time available to reflect on past experiences, brainstorm new solutions, and test out different strategies. If either party is rushed or distracted during coaching sessions due to other commitments or obligations, they may struggle to fully engage in this process.
Effective business coaching also requires a commitment to regular meetings and ongoing communication. If either the coach or the client does not have enough time to dedicate to these meetings, progress may be slow or nonexistent.
It's important to recognise that business coaching is an ongoing process that takes time to yield results. While some clients may see improvements after just a few sessions with their coach. Others may need months or even years of consistent effort before they begin seeing real changes in their businesses.