How Can You Apply Flywheel Thinking To Your Company'S Budget
Question: - What are the stages in the inbound methodology?
Answer: Attract, engage, and delight
Question: - Fill in the blank: Inbound is about _____ with the world.
Answer:
Question: - Who is responsible for delighting prospects and customers
Answer: Everyone
Question: - True or false? Attracting is the role of marketing. Engaging is the role of sales. Delighting is the role of services
Answer: false
Question: - What are the five inbound principles?
Answer: Standardize, Contextualize, Optimize, Personalize, Empathize
Question: - True or false? When you standardize. you’re creating a single standard answer that has no variations?
Answer: False
Question: - Why is it common for companies to think of themselves in terms of a funnel?
Answer: Because many business charts show conversion rates, and those charts are often shaped like a funnel.
Question: - How can you apply flywheel thinking to your company’s budget?
Answer: By investing as much money into things that drive customer happiness, such as support teams and product improvements, as you do into acquiring new customers through marketing and sales.
Question: - In a flywheel business which of the following is the most important source of new prospects?
Answer: Word of mouth
Question: - What is the relationship of funnels and flywheels to each other?
Answer: Individual funnels can be interconnected within a flywheel.