In this infographic, we’ll identify the benefits of using POS reports for sales managers and the 5 essential sales reports.
Read more here: https://blog.magestore.com/sales-report-infographic/
2. Why sales managers need POS reports
Understand how the retail
business is doing and identify
key areas to improve.
Efficiency
Make sales progress more
transparent and communication
between departments easier
Transparency
Pass key insights to your sales
representatives and help them
sell better.
Coaching
3. Top 5 reports for retail sales managers
A visualization of progress towards revenue targets:
• Know the health of sales across channels, over time
• Measure customer interest and identify new insights
• Track how quickly the team can achieve the goals
and decide how to speed up the sales process
Key metrics: Gross sales, sales margin, discount,
quantity sold, refund
Other metrics: Receivable amount, tax amount,
basket size, basket value, transaction count
Sales Dashboard
4. A snapshot of your entire team’s performance:
• Know which staff are doing their jobs well
• Identify the strengths and weaknesses of your
employees so you can train them to be more
efficient and build the perfect team
Key metrics:
• Hours worked
• Sales per hour
• Profit per hour
• Average basket size
• Refund
Sales Associate Performance
5. Key metrics:
• Quantity sold
• Gross sales
• Discount
• Margin
• Average price
• Inventory on hand
Which products are selling well and which aren’t
resonating with your customers. Sales managers
can identify new sales opportunities as well as
give suggestions for inventory planning.
Product Performance
6. Key metrics:
• Quantity sold
• Gross sales
• Margin
• Cost of goods sold
• Inventory on hand
The most profitable categories for your business,
so you can decide how to position and promote
your products.
Category Performance
7. Key metrics:
• Orders count
• Gross sales
• Cost of goods sold
• Discount
• Refund
• Margin
Compare the sales performance of all stores to
understand how one outlet holds up against another.
Store Performance