Coffee & Analytics

1851 Franchise

Welcome to Coffee and Analytics, the podcast where industry expert Nick Powills shares his opinion on the world of franchising. 1851 Franchise presents a podcast where franchisors and franchisees get data-driven insights and financial advice that leads to real franchise success. Hear Nick's expert opinion on a wide range of franchise topics, breaking down complex analytics into simple, actionable items you can implement today to meet your financial goals and grow your business. Learn how to buy or grow a franchise with 1851growthclub.com.

  1. 6d ago

    The Seven Questions Franchise Buyers Need Answered Before They Inquire

    Franchise brands spend heavily to generate awareness, attract website visitors, and produce leads. But one of the most important parts of the franchise development funnel happens before a prospect ever fills out a form. ​ A prospective franchisee sees a brand, begins researching the opportunity and eventually decides whether it is worth taking the next step. Understanding what moves someone from impression to inquiry could help franchisors improve conversion without simply spending more money on lead generation. I reviewed dozens of our franchisee survey responses to a single question: ​ “What were your top three deciding factors?” Franchisees cited brand reputation, investment level, market opportunity, territory availability, scalability, franchisor support, culture, personal fit, and the strength of the business model. While individual answers varied, the responses suggest prospective franchisees are trying to answer seven fundamental questions before they inquire. Join me Live at Coffee & Analytics ​to dig deeper into how franchise brands can shorten the distance between awareness and inquiry. Come prepared by reading my full article: https://1851franchise.com/mainland/7-questions-franchise-buyers-ask-before-inquiring-2732962 **Answering these could be the framework for how you set up your next franchise website! If you want to learn more about how to build that site in a week or less check out 1851's franchise website builder tool: https://1851franchise.com/franchise-website-marketing

About

Welcome to Coffee and Analytics, the podcast where industry expert Nick Powills shares his opinion on the world of franchising. 1851 Franchise presents a podcast where franchisors and franchisees get data-driven insights and financial advice that leads to real franchise success. Hear Nick's expert opinion on a wide range of franchise topics, breaking down complex analytics into simple, actionable items you can implement today to meet your financial goals and grow your business. Learn how to buy or grow a franchise with 1851growthclub.com.