Retailers must continually analyze changes in daily sales revenue and use this information to improve sales strategy and increase future revenue. For in-depth analysis, retailers can use the Daily Sales Summary report to break down revenue into:
- Daily demand sales revenue: Expected revenue from all the orders received in a day
- Daily shipped sales revenue: Revenue earned from all the orders shipped in a day
- Daily net sales revenue: Daily Shipped sales revenue - Daily Expenses.
*Note: Daily expenses may include return processing expenses, operational expenses and other expenses varying from retailer to retailer.
The Daily Sales Summary report gives a detailed view of daily demand sales revenue, shipped sales revenue, and net sales revenue, providing a holistic view of daily sales for more accurate and impactful analysis.
User
Vice President of Sales, Vice President of Retail
Glossary
