Sales Metrics
Understanding Data for Business Decisions
Brand Analysis
BI Strategies for Success
Support Strategic Partnerships with Data
Understanding Data-Driven Marketing Strategies
Evaluating Operational Efficiency with Analytics
Using Machine Learning for Customer Segmentation
Realities 
Difficulty in measuring performance
metrics effectively
...Gross Profit Margin (Revenue - Cost of Goods Sold) / Revenue Measures profitability relative to
sales ...
Understanding Data for Business Decisions 
Reporting: Creating detailed reports that outline key
metrics and insights
...Common sources include: Transactional Data: Data generated from day-to-day operations, such as
sales transactions
...
Brand Analysis 
Measuring brand performance: Tracking brand
metrics over time allows for the assessment of marketing effectiveness
...Sales Data Analysis: Analyzing sales figures to assess brand performance
...
BI Strategies for Success 
It aids organizations in understanding their performance
metrics, market trends, and customer behaviors
...Organizations can use predictive analytics for: Customer behavior forecasting Risk management
Sales forecasting 3
...
Support Strategic Partnerships with Data 
Data-driven tools enable partners to: Share insights and performance
metrics Track progress against shared goals Facilitate real-time collaboration 3
...indicators (KPIs) may include: KPI Description Revenue Growth Increase in
sales attributable to the partnership
...
Understanding Data-Driven Marketing Strategies 
can create targeted marketing efforts that resonate with their audience, improve customer engagement, and ultimately drive
sales ...Performance Measurement: Evaluating the effectiveness of marketing campaigns through
metrics and KPIs
...
Evaluating Operational Efficiency with Analytics 
It is often measured through various
metrics that reflect the performance of different business processes
...By analyzing historical
sales data, the company reduced excess inventory by 25%, leading to significant cost savings
...
Using Machine Learning for Customer Segmentation 
Clustering A method that builds a hierarchy of clusters by either merging or splitting them based on distance
metrics ...Sales Forecasting Machine learning models can predict future sales trends based on customer segmentation data, helping businesses optimize inventory and sales strategies
...
Parameters 
For example, in a
sales forecast model, the sales growth rate may vary based on market conditions
...Relationship Management (CRM) Parameters such as customer satisfaction scores, net promoter scores (NPS), and engagement
metrics are essential for understanding customer behavior and enhancing relationships
...
Signals 
Behavioral Signals: Insights gathered from consumer behavior data, including purchasing patterns and engagement
metrics ...Forecasting
sales trends, stock prices
...
Selbstständig machen mit Ideen 
Der Weg in die Selbständigkeit beginnt nicht mit der Gründung eines Unternehmens, sondern davor - denn: kein Geschäft ohne Geschäftsidee. Eine gute Geschäftsidee fällt nicht immer vom Himmel und dem Gründer vor die auf den Schreibtisch ...