Sales in 2018 are $ 800,000
The calculation is as follows:
100% in 2018 is $ 800,000
A 13% increase in 2019 represents $ 800,000 x 13%
The result is $ 104,000
So, 100% in 2018 + 13% 2019 increase = $ 800,000 + $ 104,000 = $ 904,000
<h2>Further explanation
</h2>
Making sure your business sales continue to increase is not easy, many companies have used various methods and methods to generate sales.
Here are 5 ways to increase sales:
Make your customers happy
A potential customer should feel happy when entering your store, create a friendly atmosphere that invites them to come to your store and make sure your staff interacts with potential customers.
Focus on the quality of your product
The number one factor for increasing sales is to explain the value and quality of your product before the price. This is indeed difficult because in general customers will ask for prices, but have you ever bought a product without thinking about price? This is what you need to communicate, that the value and quality of the product that you offer are proportional to the price.
Increase the number of orders
Upselling is one of the best ways to increase revenue in your store. The definition of upselling is selling more products to customers who already have the intention to buy. Because these potential customers are already in the buying mindset, so you can make them increase the number of orders.
Give a promo with a limited time
One way to increase sales is to create urgency, such as giving promos in a short time. You can give a discount in a certain percentage to every customer who comes if they make any special purchases that day.
Perform after-sales communication
After you get new customers, it's important to stay in touch with them after the sale. The goal is to find ways to increase their lifetime value (LTV) or loyalty to your business.
Learn more
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Details
Class: College
Subjects: Business
Keywords: Sales, Increase, Business
