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

QYMATIX

Businesses looking to increase growth may find themselves asking, “What is ‘return on sales’, why is it important and how to improve it?”. As an important metric for business success, today we’ll answer these core questions and offer some advice on increasing return on sales in your organisation. What is the return on sales?

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

QYMATIX

Businesses looking to increase growth may find themselves asking, “What is ‘return on sales’, why is it important and how to improve it?”. As an important metric for business success, today we’ll answer these core questions and offer some advice on increasing return on sales in your organisation. What is the return on sales?

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The five most frequently asked questions about predictive analytics

QYMATIX

Companies have also long used predictive analytics techniques to make data-driven business decisions. It started in the insurance industry. Predictions about the risks of insureds were calculated based on various characteristics. “How does Predictive Analytics work? What kind of data does predictive analytics need?

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Sales Psychology: Why Manipulation is Out in Sales

QYMATIX

The basis for this is customer and sales data. They show how customers currently feel about the company and what future sales opportunities there might be. Hard selling and manipulation in sales have no place here. The sales situation with the elderly lady and the insurance contract above is a suitable example for this.

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How to measure sales success correctly

QYMATIX

That is a topic that is on the table repeatedly in almost every company and every sales organization and often leads to considerable disputes. It is also a topic that can frequently lead to the demotivation or churn of sales staff. The typical sales KPIs in practice. Sales will visit customers and drink coffee without 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. Subscriptions rely on pre-sales, contractual procedures, where customers continuously order product or services from the vendor. I want to define and reduce my customer churn with predictive sales. ”].

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The Evolution of Artificial Intelligence and Machine Learning

QYMATIX

That is especially important in the insurance, financial, and e-commerce industries. Organizations leveraging predictive analytics based on AI and ML can gain a competitive advantage and improve performance in an increasingly data-driven world. I WANT PREDICTIVE ANALYTICS FOR B2B SALES. Oracle: KI vs. Machine Learning