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Monday, November 07, 2005

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.

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Selling promotional products can be a very rewarding career. I hope that ideas contained in this site will help you become successful in the Advertising Specialty Business. If you wish to contact me personally, do so by sending an email to Randy_Kirk@CaliforniaSprings.com "Selling Promotional Products" articles may be reproduced with permission or linked without permission