Hey, this is Jakob Greenfeld, author of the Business Brainstorms newsletter - every week I write this email to share the most interesting trends, frameworks, opportunities, and ideas with you.
"Twenty years of research has shown me that there’s always a very small percentage of folks “buying now.” Three percent. I gave a lecture recently in front of 1,200 CEOs and said: “Let me prove this to you. How many people in the audience are in the market for a car right now?” About 30 people raised their hands. “How about tires?” A different 30 raised their hands. “How about furniture?” Thirty hands up. “How about home improvements?” Yet another 30 hands. “Office equipment?” You see my point. About 3 percent of potential buyers at any given time are buying now. Right now. That percentage drives all commerce."
Regarding the "chatbot trained on my posts" question from Nat Eliason, I don't know of any existing consumer tool, but Lenny Ratchistky has just such a chatbot which was built by Dan Shipper, very cool: https://www.lennybot.com/
Thanks for this post. I think your writing is fresh and gives new ideas without bogging the reader down. Great work!
Thanks for sharing the Reddit tip. I tried sharing some articles there to generate traffic but Reddit thought I was spamming 😂
"Chatbot trained on my posts"
I like a lot of different paid options here, as well as how to build your own
https://mythicalai.substack.com/p/how-to-train-chatgpt-on-your-own
Great issue as always! A quick question - is the buyer pyramid valid for both B2B and B2C businesses?
Both!
From Ultimate Sales Machine:
"Twenty years of research has shown me that there’s always a very small percentage of folks “buying now.” Three percent. I gave a lecture recently in front of 1,200 CEOs and said: “Let me prove this to you. How many people in the audience are in the market for a car right now?” About 30 people raised their hands. “How about tires?” A different 30 raised their hands. “How about furniture?” Thirty hands up. “How about home improvements?” Yet another 30 hands. “Office equipment?” You see my point. About 3 percent of potential buyers at any given time are buying now. Right now. That percentage drives all commerce."
Regarding the "chatbot trained on my posts" question from Nat Eliason, I don't know of any existing consumer tool, but Lenny Ratchistky has just such a chatbot which was built by Dan Shipper, very cool: https://www.lennybot.com/
That's super cool, thanks for sharing!