Knowledge Marketplace
My First Million

My First Million

The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.

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Strike while the iron is hot. Highest conversion rate in that moment
conversiontimingsales

What It Means

Customer interest and willingness to buy are highest at the moment they first express interest

Why It Matters

Every delay and additional step in the sales process causes significant conversion rate drops

When It's True

For impulse purchases, service businesses, and situations where emotional momentum drives decisions

When It's Risky

When customers need time to evaluate complex purchases or when pushing too hard seems desperate

How to Apply

1

Minimize time between customer interest and sales conversation

2

Eliminate steps in conversion funnels

3

Implement instant response systems

Example Scenario

Service business replacing 'book a call in 3 days' with 'AI agent calls you now' improves conversion from 35% to 65%