{"id":2356,"date":"2024-08-20T20:01:32","date_gmt":"2024-08-20T20:01:32","guid":{"rendered":"https:\/\/getleadster.com\/blog\/?p=2356"},"modified":"2024-11-07T02:47:49","modified_gmt":"2024-11-07T02:47:49","slug":"sales-analysis","status":"publish","type":"post","link":"https:\/\/getleadster.com\/blog\/sales-analysis\/","title":{"rendered":"Sales Analysis: Step by Step Guide"},"content":{"rendered":"\n<p>Creating a sales analysis isn&#8217;t always a simple task.<\/p>\n\n\n\n<p>That&#8217;s why, in this article, you&#8217;ll clear up all your doubts on the subject, discover the types of analysis available, understand the importance of this resource, and learn the necessary methods to execute it correctly.<\/p>\n\n\n\n<p>By the end, you&#8217;ll be able to create your sales analysis with efficiency and practicality.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What is sales analysis?<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"546\" src=\"https:\/\/getleadster.com\/blog\/wp-content\/uploads\/2024\/07\/Diferencas-metodologicas-para-calcular-o-Market-Share-1024x546-1.webp\" alt=\"\" class=\"wp-image-2328\" srcset=\"https:\/\/getleadster.com\/blog\/wp-content\/uploads\/2024\/07\/Diferencas-metodologicas-para-calcular-o-Market-Share-1024x546-1.webp 1024w, https:\/\/getleadster.com\/blog\/wp-content\/uploads\/2024\/07\/Diferencas-metodologicas-para-calcular-o-Market-Share-1024x546-1-300x160.webp 300w, https:\/\/getleadster.com\/blog\/wp-content\/uploads\/2024\/07\/Diferencas-metodologicas-para-calcular-o-Market-Share-1024x546-1-768x410.webp 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Sales analysis is the process of studying, understanding, and strategically analyzing the commercial results obtained by a company.<\/p>\n\n\n\n<p>This type of process considers the previously set objectives, the efforts and investments made, and the financial returns within a specific period.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Why conduct a sales analysis?<\/strong><\/h2>\n\n\n\n<p>Sales analysis enables you to identify areas for improvement and understand which investments yielded the best returns for the company.<\/p>\n\n\n\n<p>Additionally, you&#8217;ll benefit from several other advantages:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Generates visibility and transparency<\/strong><\/h3>\n\n\n\n<p>Without tracking data and metrics, the company operates in the dark.<\/p>\n\n\n\n<p>A sales analysis provides visibility into investments and results and ensures transparency in the monitored processes.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Creates understanding of consumers<\/strong><\/h3>\n\n\n\n<p>With the analyses conducted, the company gains a new perspective on consumer behavior, needs, and preferences.<\/p>\n\n\n\n<p>Thus, it stops relying on assumptions, and results improve: for consumers, who now have a company focused on what they need, and for the company, which benefits in sales and financial results.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Builds a vision of the future<\/strong><\/h3>\n\n\n\n<p>Besides analyzing past data, analyses also enable better forecasting for the next commercial cycle.<\/p>\n\n\n\n<p>There are even specific types of analysis for this, which we will discuss shortly.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Improves team performance<\/strong><\/h3>\n\n\n\n<p>The information obtained through studies is extremely beneficial for the sales team, as it also starts to focus on what really matters.<\/p>\n\n\n\n<p>With better results, team motivation and engagement also increase.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Optimizes marketing actions<\/strong><\/h3>\n\n\n\n<p>Sales analyses not only serve to optimize and direct the efforts of the department itself.<\/p>\n\n\n\n<p>They also support marketing actions, as we can identify those that brought the best results.<\/p>\n\n\n\n<p>The identified trends and forecasts should also be shared, so the marketing team can leverage these opportunities to generate more leads for the sales team.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Increases sales volume<\/strong><\/h3>\n\n\n\n<p>By understanding the key areas of focus, opportunities for improvement, and the analysis of efforts that yield the best results, the company can boost sales numbers.<\/p>\n\n\n\n<p>To achieve this, it&#8217;s essential to use these analyses in decision-making and budget distribution, for example.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Improves business ROI<\/strong><\/h3>\n\n\n\n<p>ROI is one of the most important metrics for the company and deserves constant attention and monitoring.<\/p>\n\n\n\n<p>This is because ROI calculates how much money the company gains or loses from investments made.<\/p>\n\n\n\n<p>With the analysis and the actions and decisions derived from it, Return on Investment improves, as the company starts investing where the results are truly found.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Provides a better experience<\/strong><\/h3>\n\n\n\n<p>Since sales analysis helps understand the needs and behavior of the brand&#8217;s consumers, it also allows for the creation of actions that enhance the experience between the client and the brand.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Enables the evaluation of provided services<\/strong><\/h3>\n\n\n\n<p>In sales analysis, you can include the analysis of customer service, both in pre-sales and sales approaches, as well as post-sales.<\/p>\n\n\n\n<p>These data will also provide important insights to improve the customer experience, thereby improving sales results.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/getleadster.com\/lead-generation-strategies-with-chatbots\/\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"341\" src=\"https:\/\/getleadster.com\/blog\/wp-content\/uploads\/2024\/01\/arte-blog-1-1024x341.webp\" alt=\"\" class=\"wp-image-2675\" srcset=\"https:\/\/getleadster.com\/blog\/wp-content\/uploads\/2024\/01\/arte-blog-1-1024x341.webp 1024w, https:\/\/getleadster.com\/blog\/wp-content\/uploads\/2024\/01\/arte-blog-1-300x100.webp 300w, https:\/\/getleadster.com\/blog\/wp-content\/uploads\/2024\/01\/arte-blog-1-768x256.webp 768w, https:\/\/getleadster.com\/blog\/wp-content\/uploads\/2024\/01\/arte-blog-1.webp 1500w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What are the types of sales analysis?<\/strong><\/h2>\n\n\n\n<p>There are six most commonly used types of sales analysis.<\/p>\n\n\n\n<p>They are:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Descriptive analysis<\/strong><\/h3>\n\n\n\n<p>This type of analysis is based on data collected over time and from different information sources.<\/p>\n\n\n\n<p>Some examples include sales reports, performance evaluations, and the application of sales metrics.<\/p>\n\n\n\n<p>With descriptive analysis, the company can assess its history and improve future strategies with data-driven decisions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Predictive analysis<\/strong><\/h3>\n\n\n\n<p>Predictive analysis is also widely explored in sales, aiming to find predictability for the next period, based on historical data.<\/p>\n\n\n\n<p>For example, it can be used to identify the percentage growth in sales during seasonal periods or times when sales decrease.<\/p>\n\n\n\n<p>The goal of this type of analysis is to identify and enhance trends, causes, probabilities, and opportunities.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Prescriptive analysis<\/strong><\/h3>\n\n\n\n<p>Prescriptive analysis is often combined with predictive analysis.<\/p>\n\n\n\n<p>The goal of this method is to prescribe recommendations for the next steps and the upcoming work period.<\/p>\n\n\n\n<p>Prescriptive analysis includes planning and sales projections.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Diagnostic analysis<\/strong><\/h3>\n\n\n\n<p>Diagnostic analysis is similar to descriptive analysis, as it also relies on data analysis.<\/p>\n\n\n\n<p>The difference lies in the objective of the diagnostic analysis.<\/p>\n\n\n\n<p>This analysis aims to identify and establish cause-and-effect relationships in the results obtained, whether positive or negative.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Trend analysis<\/strong><\/h3>\n\n\n\n<p>Trend analysis also seeks to find patterns in sales data that can help the strategic team make predictions for the next period.<\/p>\n\n\n\n<p>It is widely applied when a company offers different types of products or services, to understand if and which solutions stand out at certain times.<\/p>\n\n\n\n<p>Trend analysis can also monitor and use market data.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Performance analysis<\/strong><\/h3>\n\n\n\n<p>Sales analysis can also focus on performance, analyzing data to verify how the commercial results of the company as a whole are performing, as well as the performance of specific teams and professionals.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>How to conduct a sales analysis?<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/getleadster.com\/blog\/wp-content\/uploads\/2024\/08\/Planejamento-de-marketing-digital-6-passos-para-criar-hoje-01-1024x683.jpg\" alt=\"\" class=\"wp-image-2343\" srcset=\"https:\/\/getleadster.com\/blog\/wp-content\/uploads\/2024\/08\/Planejamento-de-marketing-digital-6-passos-para-criar-hoje-01-1024x683.jpg 1024w, https:\/\/getleadster.com\/blog\/wp-content\/uploads\/2024\/08\/Planejamento-de-marketing-digital-6-passos-para-criar-hoje-01-300x200.jpg 300w, https:\/\/getleadster.com\/blog\/wp-content\/uploads\/2024\/08\/Planejamento-de-marketing-digital-6-passos-para-criar-hoje-01-768x512.jpg 768w, https:\/\/getleadster.com\/blog\/wp-content\/uploads\/2024\/08\/Planejamento-de-marketing-digital-6-passos-para-criar-hoje-01.jpg 1500w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Learn now how to create your sales analysis.<\/p>\n\n\n\n<p>Follow our step-by-step guide:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Define your objectives<\/strong><\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li><\/li>\n<\/ol>\n\n\n\n<p>The first step in any analysis is defining objectives and goals.<\/p>\n\n\n\n<p>And sales analysis is no different. Ideally, this objective-setting is done with each new analysis, aiming for the next period.<\/p>\n\n\n\n<p>This way, when the time for analysis comes, you\u2019ll work with the projections that were previously made.<\/p>\n\n\n\n<p>We recommend setting short, medium, and long-term goals.<\/p>\n\n\n\n<p>This will also assist in sales planning and strategy, choosing channels and efforts, and budget distribution.<\/p>\n\n\n\n<p><strong>Read also:<\/strong> Key Growth Strategies to Implement in Your Company<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Decide on the metrics for analysis<\/strong><\/h3>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\">\n<li><\/li>\n<\/ol>\n\n\n\n<p>The second step is to define which metrics and variables will be used to monitor results.<\/p>\n\n\n\n<p>Remember that the goal is always to track progress against the set objectives, and for this reason, the metrics must be aligned with these results.<\/p>\n\n\n\n<p>Avoid vanity metrics and focus on indicators such as conversion rate, ROI, CAC, and average ticket.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Use tools to measure results<\/strong><\/h3>\n\n\n\n<ol start=\"3\" class=\"wp-block-list\">\n<li><\/li>\n<\/ol>\n\n\n\n<p>Using tools in result analysis can automate data collection, gather information in one place, and even help understand the results more strategically.<\/p>\n\n\n\n<p>Therefore, investing in sales data tools is a great suggestion to make your analysis even more robust, practical, and professional.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Choose the data visualization and presentation format<\/strong><\/h3>\n\n\n\n<ol start=\"4\" class=\"wp-block-list\">\n<li><\/li>\n<\/ol>\n\n\n\n<p>The visual aspect of data analysis influences its understanding, whether in routine monitoring or in presenting these numbers.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Use performance and results charts<\/strong><\/h3>\n\n\n\n<ol start=\"5\" class=\"wp-block-list\">\n<li><\/li>\n<\/ol>\n\n\n\n<p>How about enhancing your analysis with the use of charts and dashboards, in addition to the more traditional spreadsheets?<\/p>\n\n\n\n<p>This way, trends, patterns, and key areas of focus will stand out.<\/p>\n\n\n\n<p>With our tips, your sales analysis will be much more complete and will guide your decisions to achieve even better results!<\/p>\n\n\n\n<p><a href=\"https:\/\/getleadster.com\">Check out our free trial: you can install Leadster today and use it for 14 days, no credit card required. <\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/getleadster.com\/leadster-ai\/\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"980\" height=\"365\" src=\"https:\/\/getleadster.com\/blog\/wp-content\/uploads\/2024\/01\/en-dk-3.webp\" alt=\"\" class=\"wp-image-2670\" srcset=\"https:\/\/getleadster.com\/blog\/wp-content\/uploads\/2024\/01\/en-dk-3.webp 980w, https:\/\/getleadster.com\/blog\/wp-content\/uploads\/2024\/01\/en-dk-3-300x112.webp 300w, https:\/\/getleadster.com\/blog\/wp-content\/uploads\/2024\/01\/en-dk-3-768x286.webp 768w\" sizes=\"auto, (max-width: 980px) 100vw, 980px\" \/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>What even is sales analysis? Find out more and learn how to implement it today in your marketing and sales department. <\/p>\n","protected":false},"author":8,"featured_media":2357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kadence_starter_templates_imported_post":false,"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-2356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/getleadster.com\/blog\/wp-json\/wp\/v2\/posts\/2356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/getleadster.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/getleadster.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/getleadster.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/getleadster.com\/blog\/wp-json\/wp\/v2\/comments?post=2356"}],"version-history":[{"count":3,"href":"https:\/\/getleadster.com\/blog\/wp-json\/wp\/v2\/posts\/2356\/revisions"}],"predecessor-version":[{"id":2966,"href":"https:\/\/getleadster.com\/blog\/wp-json\/wp\/v2\/posts\/2356\/revisions\/2966"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/getleadster.com\/blog\/wp-json\/wp\/v2\/media\/2357"}],"wp:attachment":[{"href":"https:\/\/getleadster.com\/blog\/wp-json\/wp\/v2\/media?parent=2356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/getleadster.com\/blog\/wp-json\/wp\/v2\/categories?post=2356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/getleadster.com\/blog\/wp-json\/wp\/v2\/tags?post=2356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}