SPX 10.0% 0.9¢ spenda limited

It's just the beginning for Spenda!, page-1069

  1. 17,233 Posts.
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    Maths is perfect well done mate

    When companies provide potential penetration of a customer base always halve the number and halve it again, that's usually closer to the mark

    80/2 = 40
    40/2 = 20% penetration

    Even 20% is over optimistic imo

    The Capricorn relationship is perhaps the more crucial and maybe easier to penetrate given the longer term relationship but it still requires a sale

    That said keep working on 20% penetration for Capricorn

    The other newer relationships could be much lower, I'd say 3-5% mark at a guess

    It's not easy to get a business to change the way it does things, egos and all that

    You can give Spenda away free and still not get far but you need to start somewhere

    Will be interesting to see going forward how the conversion numbers are, but SPX don't provide it which is a concern in itself
 
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