Why you need KPI day in your wedding business!

Wedding Pros who are ready to grow - with Becca Pountney

2024 has been the year of tracking the stats in my wedding business and using the data to make business decisions. Ever since Tayler from Enji introduced me to the concept of KPI day, it's become a regular part of my month and I want it to be part of yours too! In today's episode I am taking you behind the scenes of my own stats and sharing the numbers in your.

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Want to meet other likeminded wedding pro's so that you can share ideas, network and help each other out? Then why not go ahead and join my free Wedding Pro community over on Facebook:

https://www.facebook.com/groups/weddingprosreadytogrow/

Find out more about how I can help you grow your wedding business over on my website or Instagram page:

www.beccapountney.com

www.instagram.com/beccapountney

Time Stamps:

Adoption of KPIs (00:00:00) Becca discusses her adoption of KPIs to monitor business progress and the impact on decision-making.

Use of Energy Platform (00:01:49) Becca explains her use of the Enji platform for social media scheduling, marketing campaign planning, and KPI tracking.

Monthly Lounge Calls (00:02:45) Becca talks about the impact of monthly lounge calls for wedding pro members and the review of KPIs during these calls.

Tracking Social Media Following (00:03:28) Becca details the tracking of social media following for her business and wedding blog on platforms like Instagram, Facebook, LinkedIn, and TikTok.

Website Analytics (00:06:57) Becca discusses tracking website analytics, including monthly visitors, and the impact on website improvements.

Email List Subscribers (00:09:27) Becca explains the tracking of email list growth and its influence on email marketing strategies.

Podcast Performance (00:11:09) Becca discusses tracking podcast downloads, episode performance, and attribution links to measure the podcast's impact on business.

Vicinity Weddings Applications (00:13:46) Becca explains the tracking of applications for Vicinity Weddings and its financial viability for her business.

Financial Tracking (00:16:17) Becca details the tracking of income and costs using spreadsheets for a detailed financial overview.

Sales and Income Tracking (00:17:53) Becca discusses tracking sales by category, analyzing peaks and troughs, and comparing sales across different periods.

Costs and Profit (00:18:47) Becca emphasizes the importance of monitoring costs, setting cost targets, and analyzing cost percentages to maximize profit.

Cost Analysis and Adjustments (00:19:37) Becca explains how she reviews and categorizes costs, tracks them using QuickBooks, and makes adjustments based on cost percentages.

Monthly Sales and Cost Overview (00:20:22) Becca shares a detailed breakdown of her monthly costs and sales, highlighting the impact of high costs and the importance of tracking expenses.

Monthly KPI Lounge Calls (00:22:01) Becca introduces her monthly lounge calls, where members review their KPIs, set targets, and discuss their progress.

KPI Planner and Tracking (00:23:28) Becca describes her KPI planner, which includes tracking social media, website analytics, email subscribers, and podcast numbers.

Business Reflection and Goals (00:24:11) Becca emphasizes the importance of reflecting on business performance, tracking feelings, and setting goals for personal and professional development.

Financial and Enquiry Goals (00:25:03) Becca discusses setting financial and enquiry goals, tracking sales and enquiries, and analyzing the source of enquiries.

Personal Development and Connection Tracking (00:27:29) Becca encourages tracking personal development, networking, and relationship building to improve the wedding business.

Celebrating Wins and Setting Targets (00:29:16) Becca highlights the importance of celebrating wins, learning from mistakes, and setting targets for the month ahead.