By definition, forecasting is inexact. It is a data-focused assessment of possibilities; and yes, there is a lot of guesswork involved. The idea is to minimize the guesswork through the systems and strategies you implement – as well as the accuracy of the data you use. If your … [Read more...]
What is the Meaning of Sales & Marketing and Their Advantages?
Is having a great product the only requirement to run a successful business? For most companies, the answer is no. Why? Because generating sales requires potential customers to understand that a product exists, what it does, and why it’s better than a competitor’s offering. The … [Read more...]
What Is a Sales Opportunity?
“To succeed, jump as quickly at opportunities as you do at conclusions.” — Benjamin Franklin Of course, before you put your gym shoes on, you need to step back and look at your sales process. Does your sales team know what distinguishes sales opportunities from leads? Are they … [Read more...]
Sales Tips: Only Focus on The Sales Metrics You Can Control (Infographic)
The data-driven world that we now live in as made tremendous advancements in various technologies. This has helped sales managers all over the world in gathering and analysing important pieces of information to make accurate reports and forecasts of the company’s sales standing. … [Read more...]
5 Factors that May be Responsible for Your Low Retail Sales
Is your retail business experiencing unusually low retail sales and you really can't explain what is responsible? Then you're not alone. Many ecommerce businesses have experienced or continue to experience this phenomenon. This is even more puzzling when you believe you've done … [Read more...]
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