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Answers to Frequently Asked Questions
The growth rate is calculated based on multiple factors, including sales revenue, customer acquisition rate, conversion rates, average order value, and repeat purchase rate.
The calculator takes into account historical sales data to predict seasonal demand fluctuations, allowing you to adjust your marketing and inventory strategies accordingly.
Yes, by analyzing growth trends and performance metrics, the calculator highlights underperforming products, customer segments, or marketing channels, helping you focus on areas that need improvement.
The calculator tracks key performance indicators (KPIs) such as traffic sources, conversion rates, and customer acquisition cost, enabling you to evaluate the effectiveness of your marketing campaigns.
The tool factors in changes in product pricing, discounts, and inventory availability to provide accurate sales growth predictions and optimize pricing strategies.
Customer acquisition and retention are critical components of sales growth. The calculator tracks new customer acquisition rates and repeat purchase rates to give a comprehensive view of your growth potential.
It is recommended that you update your sales projections monthly to track ongoing trends and quarterly to adjust long-term growth strategies. Regular updates help you stay responsive to market changes and customer behaviour.