Possibly – but without knowing the number of units sold, it’s hard to say. That revenue may have come from selling one single unit of an extremely high-value product, or from 105,000 units of a $1 product. A company with a consistent and growing sales volume is better...
Creating a high-converting sales funnel will allow you to generate leads and exceptional customer service will see those leads turn into buyers. Sales volume can also give you a good idea of what marketing, promotional, and lead generation strategies are working well...
Start by looking at your product or service from the customer’s perspective. Your USP is what will make your product or service stand out from the competition and attract customers. A business may also monitor its break even sales volume, which is the number of units...
Explore online marketplaces, joint ventures, or affiliate marketing programs to tap into new customer segments. If you want to increase sales, you need to market your product or service. There are several ways to do this, and you’ll need to experiment to see what...
It often serves as a key indicator of a company’s health and performance. In this article, we will explore why sales volume is a crucial metric and provide strategies to increase it, helping businesses thrive in a competitive marketplace. In the fast-paced world of...