Copy
weekly letter - creating purposeful sales targets.
View this email in your browser

Hi <<First Name>>,

Over the past few weeks, I’ve had many conversations with clients or members of the Space about setting sales targets for the year. Some say they have no clue where to start, others say they’re putting it off because quite frankly, they’re scared.

We’re our own bosses because we want a better life for ourselves. We want enough time to spend with family; we want to build a brand that makes a difference in the world; we want to earn enough to live our best life, but we get freaked out when it comes to working out our sales targets because we think we can’t. We think we're not going to reach those figures, or we think we’re not worth it. We say we don’t do it because it’s ‘boring’ but really, it’s because we’re scared of what we’re going to unearth. We don’t believe in ourselves enough to try. And that’s what I want to change.

We really do have the power to create our own reality. We have the power to get past the self-doubt and to create purposeful sales targets that motivate us to reach our full potential. We don’t have to just ‘survive’- we can thrive (oh lordy, don’t worry, I cringed myself out then!).

Below, I’ve come up with a few tips that will help you see creating specific sales targets doesn’t have to be scary when they’re done in alignment with your true wants.

H O W    M U C H  ?

How much money do you need to earn to feel good? What is the minimum you need to earn in order to live the life you desire and deserve? Now, I’m not saying money is the source of all happiness, but I know how much lighter and peaceful I feel when I have more than the usual 65p in my bank account.

Come up with a figure that feels right; one that allows you to pay for all of the essentials (such as rent, electric, tax, phone bill etc) and whatever else makes you feel good that requires payment (cinema trips, clothes, train fare for day trips, getting coffee when you’ve been stuck inside all day). It’s not about cutting out things that are seen as ‘luxurious’, especially if they give you joy. It’s about adding it all together and having that figure in front of you, so you can work out how to earn enough to pay for those things.

N A M E    Y O U R    P R I C E 

Now, work out how many products/services/offerings you need to sell to reach that figure. For instance, let’s say you need to make a minimum of £1000 a month. You sell sustainable handmade clothes that range from £30-£120, and you tend to have online orders that average around £60. You’ll need to bring in £250 a week to make that grand, so your order target would be around 4 a week.

Or maybe, you’re a social media manager who has a package priced at £600. To make a minimum of £2000 a month, you’ll need to sell around 3 of those packages. Doesn’t seem too bad when you break it down, does it? Of course this is highly subjective (and probably a very backhanded way of explaining) but my aim is to show you it’s not as scary or as ‘big’ as you think.

This is also a perfect time to work out if you’re charging the right prices for your offerings. A sure way of seeing if you’re not is if you need to sell a huge quantity that is going to take all of your time. If you’re selling your three month package for £200, you’re going to need 5 new clients a month. Do you want to see a client every day of the working week, or do you need a day or two where you can do admin/social media/breathe? It’s vital to remember that you don’t need to burn out to hit your targets, you need to charge more.

B R E A K    I T    D O W N

Once we’ve broken down the numbers, it’s time to break down how we can reach those numbers. Write down the actionable, bitesize tasks you’ll need to do to make that money.

If you want to have 4 orders a week, you’ll need to think about showing up in front of your customers to get those 4 orders. Get on social media, engage with your ideal clients and get them excited about your brand (so excited that they just can’t not have your wares!).

If you want 2 new clients a month, how can you make that happen? Create more content that speaks to them and their challenges, engage and offer support on facebook groups. The key here is not overwhelm yourself, and to take it all one step at a time.

R E F L E C T

Look back on last year and see how you fared. Last May saw an income of £1500? Make it £1700 this year. You don’t have to go to the highest figures, you just need to make your minimum (anything else is a lovely extra!). Pushing yourself past your comfort zone (but not so far that you start to get filled with doubt and ultimately won't do the work), will motivate you to carry out those actionable tasks.

Sometimes, you’re just not going to make those targets. Half terms can be a barren wasteland for selling products, whereas Christmas can be the holy grail. December is quiet for coaches but February can be off-the-scale busy. Be realistic and give yourself lots of grace, but try not to sell yourself short; you're capable of earning however much you want to earn. You’ve just got to know those figures and put in the work.

Also, side note: I know we’re not all driven by money, but it’s something we need in order to live the life we desire and deserve. There’s no doubting that. If you’re driven by holidays, or having enough time with the family, or having nice home decor -- those things ultimately result in money being spent (or not being made), so being aware of how much you’ll need to get those things is important.

I hope that helps!

As always, I’m cheering you on.

Lola

The OGB Podcast is back! Thank you for your patience whilst I had a little break. I knew I wanted to change the direction of the podcast slightly and so, I needed some time to sort it out. We're now going to be introducing guest episodes every week so that you can gain a real, true insight into the life of a One Girl Band. No bull, no glossing over the hard bits- just reality. Our first guest ep is with Belinda Love Lee, a brand and stationery designer/lifestyle blogger based in Toronto, Canada, and I couldn't had asked for a better first guest. We talk about the trials and tribulations of Instagram, working and living on your own terms and putting heart over hustle. Listen below!
LISTEN HERE
Upcoming Events at OGB 

Basics of Weaving with Lucy from Peas and Needles
Saturday February 10

How to Build Your Brand on Instagram with Sam from Social Mouth
Saturday February 24

Papercutting Workshop with Silvina De Vita 
Saturday March 10 + Saturday March 17

Our Year Anniversary and International Women's Day
Keep the 8th March free! Tickets available soon.


Macrame Plant Hanger Workshop with Lucy from Peas and Needles
Saturday, March 24
SEE MORE HERE
BLOG
I'm Lola; a creative coach, writer, podcaster and founder of One Girl Band. One Girl Band is for the female-identifying entrepreneurs + creatives.

These Weekly Letters are where I share half purposeful, half practical insights and resources, as well as inspirational lessons and anything else I'm discovering along the way in this crazy, self-employed journey.

And if you'd like to work together this year, you can find out more here.
Share
Tweet
Forward
Copyright © 2018 One Girl Band, All rights reserved.


Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list

Email Marketing Powered by Mailchimp