There are many advantages to using a sales tracking spreadsheet in your business. These help to provide a framework for the daily operations of the business and therefore provide a good basis for the overall strategy and goals of the business. A good spreadsheet will also help you keep track of the status of the products and the corresponding sales. So, let’s look at some of the advantages of using a sales tracking spreadsheet.
A sales tracking spreadsheet has many basic elements that will make it easier for you to track the different aspects of your business. These include the name of the business, the name of the product and any associated graphics or logo. A good number of these are also available with a sales tracking software package.
Some of the other common features include the name of the salesperson responsible for the sale, the date on which the sale was made, the number of sales that were made, the date and time of each sale and the total number of sales. The next of course would be to include the cost per sale.
Using a Sales Tracking Spreadsheet
The best selling sales tracking software will also allow you to keep track of your sales done online. This is especially important when you have a website or use internet auction sites such as eBay or Amazon.
You can use this data to see how well the existing marketing efforts are doing and to plan your own sales. The next advantage is that if you are using online software it will also allow you to send out emails to your customers for direct sales or get them to leave reviews or comments on your products.
Most people like to get information about new products every day and online marketing are very effective at keeping you informed about what is going on in the market. So, it makes sense to send out the weekly newsletter using a good spread sheet. You can even go further and suggest to your customers that they should review the productor their own website.
The newsletter is of course an important part of the sales tracking system. As, well as this you can use the spreadsheet to keep track of your customer information, such as their names, addresses, telephone numbers and email addresses.
Sales management software will also allow you to enter sales data into the spreadsheet and then share it with the rest of the staff and the management. This gives the sales team a better understanding of the sales process and allows them to provide feedback on the various sales processes.
In addition to these you can include comments from customers, complaints, surveys and even business quotes in the database tables. When people share their own information online it helps to improve the overall sales process and by sharing this information with the rest of the staff, improves productivity and helps to build confidence in the business.
Having all this data in a sales management software means that you can integrate all the data into a single report that gives you a summary of the sales made by your company. This allows you to decide on an action plan to improve your sales.
Sales tracking software for companies has come a long way since its initial introduction in the 1980s. These days there are so many options available that it is easy to find the best fit for your needs. READ ALSO : sales tracker spreadsheet
