KPIs to track attrition rate - PowerPoint PPT Presentation

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KPIs to track attrition rate

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Employee turnover must be controlled by businesses. Key metrics like as overall departure rates, reasons for leaving, and patterns across departments help to analyze and address workforce issues. Keeping track of top talent departures, exit interview feedback, and time taken to fill openings provides significant data. Taking into account the costs and employee happiness contributes to the overall picture. Succession planning and understanding how performance influences turnover improve talent management. In today's society, considerations such as remote work and work-life balance are critical. By monitoring these indicators on a regular basis, companies may actively reduce employee turnover. – PowerPoint PPT presentation

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Title: KPIs to track attrition rate


1
Direct sales performance 10 essential KPIs for
2023
  • Epixel MLM software
  • https//www.epixelmlmsoftware.com 

2
Importance of KPIs
  • Businesses can make sure that their goals are in
    line with their organizational goals.
  • Customer satisfaction (CSAT), net promoter score
    (NPS), and customer retention rate, offer
    significant insights.
  • Make proactive decisions and optimize operations
    for increased efficacy and efficiency.

3
Important KPIs in direct sales

4
KPI to track product performance
  • Monthly or annual revenue projections.
  • The Net Promoter Index (NPI).
  • Metrics for cross-selling and upselling and
    Marketing ROI.

5
Tactics to improve sales KPIs
  • Lead score and CRM data can be used to find
    high-quality leads.
  • Train distributor teams on innovative methods for
    prospecting customers.
  • Prepare them for success in the competitive
    industry, promising long-term progress.

6

Easy way to improve engagement KPI
  • Introduce gamification over channels for
    training, onboarding, and sales.
  • Create customized and engaging brand experiences.
  • Integrate automated support and marketing modules
    for distributor and client interaction in real
    time.

7
KPIs to track number of active distributors
  • Sales by individual distributors.
  • Fresh prospects in the works.
  • Rate of distributor engagement and distributor
    retention.

8
Ways to improve team performance KPIs
  • Make attainable objectives.
  • Set up upskilling workshops and analyze the
    skills of the distributor and  encourage teamwork.
  • Urge distributors to finish their
    training sessions  and honor their notable
    success.

9
Ways to improve acquisition rate
  • Focuses on your best-performing sources of
    acquisition and boost your sales procedure.
  • Use the list of individualized marketing methods.
  • Utilize relevant and interesting content to
    enhance your marketing initiatives and
    also implement Programs for rewards and loyalty.

10


KPIs to track attrition rate
  • Churn rate per month.
  • Rate of client retention.
  • Lifetime value of customers  and  rate of
    repeat purchases.

11
Ways to improve retension KPIs
  • Examine Examine several onboarding strategies 
    and construct engaging brand-building events.
  • Set up Set up sessions of immediate assistance
    and examine client opinions.
  • Publicize Publicize catalogs and product videos
    and Conduct client surveys and keep an eye on
    client data.

12
KPI to improve customer satisfaction
  • Net Promoter Score (NPS).
  • Customer Satisfaction Score (CSAT).
  • Customer Effort Score (CES) and Customer Loyalty
    Index (CLI).

13
Ways to improve customer KPIs
  • Make customized and relevant offers.
  • Build innovative loyalty and rewards schemes. 
  • Invest time in immediately addressing your
    consumers' problems and regularly gather input
    from customers.

14
KPIs to track customer lifetime value
  • Average cost of buying.
  • Buying frequency.
  • Customer value and  acquisition Cost of
    Customers.

15
KPIs to track average order value (AOV)
  • Lifetime value of customers and their
    expenditures.
  • Abandonment rates of carts.
  • The cost, rate of conversion and  income per
    visitor.

16
Summation
  • KPIS are essential to monitor leads and
    conversions and thus track the number of
    potential customers. Understanding Customer Value
    can help you concentrate on keeping valuable
    customers. Thus mastering the 10 key Direct Sales
    KPIs  is essential for staying ahead in the
    dynamic landscape of 2023.

17
Thank You
  • For more information on direct sales KPIs visit
  • https//www.epixelmlmsoftware.com/blog/direct-sale
    s-kpis
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