Analyzing business data is unavoidable as a successful marketer, whether that be evaluating swipes, views, clicks, etc. To properly dissect and utilize this data, entrepreneurs should be well-versed in professional lingo such as frequently used acronyms. Some of these acronyms include point of sale (POS), Quickbooks (QBO), and customer relationship management (CRM). They should also become familiar in what sales trends are currently taking off, as well as how long each individual task will take to complete.
- Be sure to become knowledgeable in the various acronyms that are used to help monitor performance such as Point of Sale (POS) and QuickBooks (QBO).
- Analyze which data matters such as how long each internal procedure takes and questions surrounding project management such as how long each task will take.
- Since seed-to-sale tracking can be such a high-stress endeavor, finding the silver lining in each platform will help you organize your data.
“Data can be overwhelming but, used properly, it can be the push your company needs to take it to the next level.”