Numbers Promotional Products Sales Professionals Should Know
Want to make $100,000 gross next year? Do you know what it would take to do that?
$667,000 in sales @ 30% average margin and 50-50 commission split is $100,000.
Therefore you need average sales of just $55,555 per month.
That would work out to about $2600 per day.
Of course, we all take vacations, holidays, sick days and such. Maybe, to be sure, we'll make it $3000 per day.
That is a really good way to look at it. But here is another way.
1. One major order per year $100,000 or more
2. Two really good orders per year $50,000 or more
3. 5 good orders per year of $20,000 or more - one every other month
4. 10 nice orders per year of $10,000 or more - one per month
5. 20 decent orders per year of $5000 or more - two per month
6. 50 ok orders of $2000 or more - less than one per week
7. 200 orders of $300 or more - less than one per day
That is barely more than 1 order per day. 290 per year.
Just thought you might like to know.
$667,000 in sales @ 30% average margin and 50-50 commission split is $100,000.
Therefore you need average sales of just $55,555 per month.
That would work out to about $2600 per day.
Of course, we all take vacations, holidays, sick days and such. Maybe, to be sure, we'll make it $3000 per day.
That is a really good way to look at it. But here is another way.
1. One major order per year $100,000 or more
2. Two really good orders per year $50,000 or more
3. 5 good orders per year of $20,000 or more - one every other month
4. 10 nice orders per year of $10,000 or more - one per month
5. 20 decent orders per year of $5000 or more - two per month
6. 50 ok orders of $2000 or more - less than one per week
7. 200 orders of $300 or more - less than one per day
That is barely more than 1 order per day. 290 per year.
Just thought you might like to know.
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