If you are doing business from many years and maintaining your accounting records, then you can get more benefits from advance sales analysis. Simple accountants are do not know advance analysis. If you have appointed advance sales analysis team or you have learned to analyze sales data, you can grow your sale through sales analysis report.
1. How Much Sale Do Really Have
Without analysis of this data, we can not analyze other data. We have sales data of 5 to 10 years. We can get report of total sales in all the years, in each year and comparable report with other years. This report will help us to grow our sale for next target.
2. How Much Sales Do You Have Really from the Country?
Today, business crossed the country border. Now, you have to analyze which country is giving your more sales revenue. You can give better facility to that country's customer. So, next target and decision, you can take from this report.
3. Your Biggest Sales Comes from the City?
Now, you go more micro level. You see which city is helping you to generate more sales revenue. You have to make special team for growing your sale in that city. Without this, you are wasting your investment in that city which is providing you lowest sales.
4. Which Product Really Bought by Your Customer
Your business may be big. So, you have to choose top 10 to 100 products which is giving you big sales revenue. You can increase more quality in these products if you really know which product is giving you big sales. So, you have to get this report and then take better decisions.
Related : Accounting Analysishttp://www.svtuition.org/2010/02/accounting.htmlhttp://www.svtuition.org/2010/02/accounting.html