Uploaded on Jun 23, 2022
Sales Analytics is a crucial factor for both B2B and B2C organizations. It is a powerful factor that helps companies head to analyses how better their products and services are functioning in the market. Which country and age group target audience are maximum using their functionalities? The data also highlights the high and low margin in the respective months and years. if you are a B2B or B2C company, knowing the power of data in sales is unbelievably important for your business.
Sales Analytics: Reve align the Power of Data in Sales for B2B & B2C Businesses
Sales Analytics: Reve aling the Power
of Data in Sales for B2B & B2C
Businesses
Overview
• The data also highlights the high and low margin in the
respective months and years.
• Therefore, if you are a B2B or B2C company, knowing the
power of data in sales is unbelievably important for your
business.
• data analytics and business intelligence in the
organizational world. Also, the top-most benefits of using
sales analytics for better productivity.
What is Sales Analytics and
its Top Benefits?
•Sales analytics is a method for extracting useful and
comprehensive insights from your company's sales data.
•Which data analytics strategy has proven to be the most
successful?
•Which part of your sales funnel do you think your customers are
most likely to leave?
•Which member of the sales team has repeatedly performed below
expectations?
•By analyzing data analytics and business intelligence, you
can discover what client demands are yet to be addressed. You'll
be able to maximize cross- and up-selling opportunities while also
laying the groundwork for long-term customer loyalty.
The Fundamentals of Sales
Analysis
• Data Incorporation Layer: In order to conduct a full
data analysis, this layer assists in the gathering of vital
data from both internal and external sources.
• Data Management Layer – This layer is responsible for
ensuring data security and quality.
• Data Evaluation Layer - This layer brings together the
numerous types of sales analytics that are relevant to
your business.
• Reports, dashboards, and presentations are all part of the
Analytics Results Layer, which gives detailed insights in a
visual format.
Conclusion
• There are many top data analytics companies that can
start with the basic functionality put into the cloud to
decrease launch time and equipment expenses.
• Once you've evaluated the worth of your present sales
data analytics and the need to fulfil the upcoming
requirements, you can move forward with upgrading the
solutions.
• For example, you could use data science, a solid DWH,
and predictive sales analytics.
Thank You
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