This is a YouTube video titled "QUICK Way To Increase Show Rates & Closed Deals" containing a monologue or single-speaker discussion recorded on October 10, 2024. The speaker analyzes the impact of meeting times on show rates and closed deals, using data and ChatGPT to optimize scheduling for better sales outcomes.
I reckon that there would be significant difference in show up rate per time of day and show up rate per day. Like this is a terrible time and this is a terrible time, whatever reason. And if you've got like, let's say this is money and this is money and this is money and you've got a fucking hour long team meeting there, what a waste of time. So because if you have 10 rep and they do one hour slot, that's 10 hours. So that one meeting, if that has an 80% show rate and a 40% close rate, then you've got, you know, 10 meeting slots. You've got eight. Yeah, I mean, so you got like three guaranteed seed closes. If it's 5K per close, it's $15,000 to have that meeting there when you could have it here. Like I track that with end of days and I use chat GPT. So I put the end of days in chat GPT and then from there I go like, hey, can you do an association of the date, convert that into the day of the week and then give me the short rate per day of week and in like in a percentage form, I just get chat GPT to do that for me.
