How to Define Sales Goals for your Sales Funnel

How to Set Up Sales Goals for your Sales Pipeline Sales goals for sales funnel: Setting sales goals and objectives is really a crucial step to success. The sales funnel specifies steps in the sales process. Establishing desired goals in the funnel will let you prevent sales ups and downs and enhance your sales results. … Read more

KPIs for Sales Reps

Key Performance Indicators for Sales Reps Getting the best out of the sales force is important for getting the competitive advantage for your business. But, if you do not have systems in place that allow you to track the performance of the sales reps, you might not understand for sure if they are managing at … Read more

Inventory Turnover Ratio Formula

Inventory Turnover Ratio Formula   How to calculate inventory turnover ratio for your business: Inventory Turnover Ratio Definition and Why it is important? Inventory turnover ratio can be a powerful performance ratio which displays exactly how efficiently inventory is actually managed simply by comparing COGS along with average inventory during any period of time. It … Read more

Sales organization structure and planning

As soon as the sales plan is developed, the subsequent rational phase would be to set up the sales team to attain the business goals. Choices should be made regarding the kind of sales responsibilities necessary to be carried out and the way the sales reps needs to be grouped with each other to make … Read more

Sales Growth Strategies Focused on Your Current Customers

Simple Sales Growth Strategies That Are Developed Around Your Core Customer Base Discovering profitable sales growth possibilities usually starts along with the primary business, which is, the products and services, clients, sales channels as well as geographic regions which produce the biggest portion of sales along with profit margins. Specific discussions with all the senior … Read more

Create Daily Sales Report in Excel

Set up Day-to-day Product or Service Sales Report with Excel Is daily sales report the right way to monitor and report your sales efforts and results? While daily tracking is perfect for some businesses other companies don’t really need daily tracking. The frequency of reporting will depend on the nature of the business. In addition … Read more

Sales Forecasting: How to Improve Your Sales Forecast

Sales Forecasting Ideas and Tips to Improve Your Current Sales Forecasts If you need to generate significantly better sales forecast, in that case it really is time to have a different strategy. Just giving the same reports from the numbers reported in your business and generating modifications depending on just a gut feel will not … Read more