Set realistic goals and key performance indicators (KPIs) based on current data.

[hasibaakterss3309]

Improve customer service quality as analysis will help you understand customer needs and behavior.
Prioritize your product roadmap based on your product usage and support requests.
Make more informed and confident business decisions because you will have a clear understanding of what works and what doesn't.
While data analysis is often time-consuming, it’s important to remember that it’s not the end goal. You analyze data so you can make informed decisions in the future.

business intelligence data analysis Big dataHow to slovenia telegram database Model Sales Volume and Profit (The Fast Way)
Modeling sales and profit can be done in different ways, depending on your needs. You can model them quickly with a certain degree of error, or in a more reliable and accurate way by spending more time. If you have limited resources, a quick and simple method is better than nothing. A quick estimate can be useful, for example, for a B2B business, where you can simply estimate the efficiency and costs of your sales managers, summarizing them. The following data is an example of what data you need to be able to model sales and profit:

How many leads are generated per manager per unit of time;
How many phone calls per sales manager per unit of time;
How many meetings per manager per unit of time;
How many sales are there per manager per unit of time;
Estimate the cost of acquisition (e.g. marketing budget over time).
This data will allow you to calculate the amount of income and the amount of expenses per manager, so you can understand how much profit they will bring over time. A similar super-fast and simple method can be used for online business, taking into account the following data: