Hello Chandra Kumar,
First of all, what kind of retail unit do you need to analyze? Check if any specific sales targets have been given to the outlets. Divide the full outlet target into individual targets. Depending on the products, create a rating system. For example, higher-rated products can earn more points. This system can help the sales executives in planning how to achieve their targets.
Every month, assess the best performer based on the target achievements and points. You may consider the highest points quarterly, monthly, etc. Establish some cutoff points that every sales team should strive to reach. This way, we can also identify those who are not even reaching the minimum targets.
What seems to be the issue? Is additional training required? I hope you understand. If you need more information, please let me know. I can provide details for optical outlets.
Regards,
Rekha Bhat
From India, Hyderabad
First of all, what kind of retail unit do you need to analyze? Check if any specific sales targets have been given to the outlets. Divide the full outlet target into individual targets. Depending on the products, create a rating system. For example, higher-rated products can earn more points. This system can help the sales executives in planning how to achieve their targets.
Every month, assess the best performer based on the target achievements and points. You may consider the highest points quarterly, monthly, etc. Establish some cutoff points that every sales team should strive to reach. This way, we can also identify those who are not even reaching the minimum targets.
What seems to be the issue? Is additional training required? I hope you understand. If you need more information, please let me know. I can provide details for optical outlets.
Regards,
Rekha Bhat
From India, Hyderabad
CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.