The Pareto Principle (80:20 rule) suggests that relatively few of our TPT products (20% of our resources) produce most of our income (80% of our TPT earnings.)
Let’s test this theory!
- Watch this video to figure out your 80:20 sentence in less than five minutes.
- Share your data
- Leave a public comment on this youtube video.
- Or, if you don’t want to leave a public comment, fill out this form.
- Look at the results below. (The results are probably cached and not live.)
- Wonder why your results are the same / different from others.
Table of Contents
The goal is not to just say “my TPT store is typical (average)” or “my TPT store is an outlier.”
The point is to wonder about the reasons behind the data, come up with a hypothesis and then try to implement a strategy to improve earnings.
- If your TPT store is typical and 20% of your products produce 80% of your earnings… what might other TPT sellers be doing to get a handful of products becoming super sellers. Could that work for your TPT store? Why or why not?
- If your TPT store is atypical, why might that be? What might other TPT sellers be doing? Could that work for your TPT store? Why or why not?
RESULTS: Crowdsourced TPT Seller Data – 80:20 Sentences
Bonus Question
The first 80:20 sentence we want is to see what percentage of our products are the “vital few” producing 80% of our income.
- 1) Find the last green bar in your 80/20 chart.
- 2) Leave a comment with the 80/20 sentence beside it.
- For example, my sentence from the start of the video (0:00) would be… 6 of my resources (3%) account for 76% of my earnings.
If you have time, we’d love to learn more about your #1 best selling TPT product.
- 1) Find the first green bar in your 80/20 chart.
- 2) Leave a comment with the 80/20 sentence beside it.
- For example, my sentence from the start of the video (0:00) would be… 1 of my resources (1%) account for 32% of my earnings
- Leave another comment on the YouTube video (or fill out this separate form… coming soon.)