From the course: Data Analytics for Students

Unlock this course with a free trial

Join today to access over 23,200 courses taught by industry experts.

Sales data

Sales data

- Sales analysis is arguably the most important kind of analysis that you can conduct. Understanding the inner workings of how your sales are occurring can help you grow your business and solve your business problems. But before you can do any of that, you need to make sure that you're collecting your sales data accurately. Now, if you're selling products directly to consumer, then you can automatically track details about each of your sales if you use the right payment processing system. Square and Clover are great examples of systems that track when, what, and how a purchase was made. You can even customize this further to track additional sales points, like product category and region. Now, if you're selling services, then you're most likely using some sort of a CRM system, like Salesforce. I have years of experience consulting clients with these kinds of systems. CRM is short for Customer Relationship Management,…

Contents