Episode 18 - Making Business Decisions: Facts Over Feelings with Thomas Chelednik from The Knot
Are you running your wedding business based on feelings? Tom Chelednik shares why facts and numbers are the real game-changers.
Numbers don’t lie, and neither does the success they can bring to your wedding business. Tom is a seasoned expert in sales and marketing with over a decade at The Knot; he shared invaluable insights on how to stop making decisions based on feelings and start relying on facts. His deep understanding of the wedding industry offers a fresh perspective on tackling the challenges professionals face today.
Tom highlights the generational shift brought on by Gen Z couples, emphasizing the need to adapt everything from pricing to marketing strategies. By closely examining your business metrics—like lead-to-booking rates, follow-up processes, and consultation strategies—you can make data-driven decisions that ensure profitability and longevity. As he explains, the math will show you where to focus your efforts for the best results.
Through real-life case studies, Tom illustrates how businesses can turn their struggles into triumphs. One standout example? A photography business that went from panic mode with just seven bookings to thriving by implementing smarter follow-up practices and analyzing cost per lead. By adjusting their approach, they doubled their bookings and set themselves up for long-term success.
He also stresses the importance of automation and video marketing in standing out from the competition. Incorporating tools like Flowdesk and personalized videos in lead replies can significantly boost response rates and engagement. Tom’s advice is clear: start implementing these changes now, or risk falling behind in an evolving industry.
Whether you're tracking your lead sources, tweaking your email templates, or refining your consultation process, his advice empowers wedding professionals to take control of their success. The key takeaway? Facts, not feelings, are the foundation of a thriving wedding business.
Highlights
How to analyze your cost per lead and why it’s crucial for success.
The importance of adapting to Gen Z’s expectations in pricing and marketing.
Real-life case study: turning seven bookings into 34 with data-driven strategies.
Tips for creating engaging lead replies, including the power of video.
Why automation tools like Flowdesk are game-changers for follow-up processes.
The significance of tracking lead-to-booking rates to identify areas for improvement.
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