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What is “return on sales” and how to improve it?

QYMATIX

It looks at your total net turnover figures and denotes how much profit is earned on every euro you take in. It uses your net sales and operating profit to arrive at this figure. Other names for ROS are operating income margin, operating margin, operating profit margin and EBIT margin. Calculating return on sales is easy.

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What is “return on sales” and how to improve it?

QYMATIX

It looks at your total net turnover figures and denotes how much profit is earned on every euro you take in. It uses your net sales and operating profit to arrive at this figure. Other names for ROS are operating income margin, operating margin, operating profit margin and EBIT margin. Calculating return on sales is easy.

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Sales Psychology: Why Manipulation is Out in Sales

QYMATIX

For example, an insurance agent sells an insurance policy to an elderly lady, knowing that she does not need it because of her advanced age. The insurance agent deliberately uses psychological sales tricks to manipulate the lady into signing the contract in the end.

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Define and reduce customer attrition in the subscription industry

QYMATIX

Customer attrition can represent a 24 % average in office supplies, 16 % in the insurance industry and 13 % in banking. Identifying the root causes of customer attrition is a process commonly supported by advanced sales analytics. A 5% increase in customer retention increases profits by up to 95%.

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Artificial Intelligence Example to Rock Sales Controlling in B2B

QYMATIX

Moreover, the path from sales data to sales wisdom requires a good blend of experience and analytical skills. Machine learning application example: how do Sales Controllers profit from it? Sales teams in B2B need more support in understanding, analysing and communicating sales data.