Friday, January 30, 2009

Increasing Sales Means Being Mindful Of Your Sales Objectives

Writen by Lance Winslow

If you wish to increase sales in your company you must be mindful of your sales objectives and determine what your sales goals will be for any particular periods that you are trying to sell more products or services in. Simply wishing that your company has more sales is not going to do it. How do you develop sales objectives and sales goals?

Well it is simple really. You need to determine what profit margin you wish to maintain and the amount of profit you wish to make and what your cost structure is and therefore figure out how many units you need to sell in order to meet that goal. Sales goals are a vital part of any company's objectives. You must also understand that your sales department is also a cost and therefore what you increase your sales department to get to more sales you will also temporarily increase your costs.

Sure it sounds like a lot of variables and the bigger your company is the more variables there will be. Nevertheless if you truly wish to increase your sales then you must be mindful of your sales objectives and determine the resources needed to get you there. Simply writing down figures on a piece of paper is wishful thinking without objective strategies and commitment to the process. Please consider this in 2006.

Lance Winslow - Online Think Tank forum board. If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs/

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