Title: KPIs to track attrition rate
1Direct sales performance 10 essential KPIs for
2023
- Epixel MLM software
- https//www.epixelmlmsoftware.com
2Importance 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.
3Important KPIs in direct sales
4KPI to track product performance
- Monthly or annual revenue projections.
- The Net Promoter Index (NPI).
- Metrics for cross-selling and upselling and
Marketing ROI.
5Tactics 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.
6Easy 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.
7KPIs to track number of active distributors
- Sales by individual distributors.
- Fresh prospects in the works.
- Rate of distributor engagement and distributor
retention.
8Ways 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.
9Ways 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. -
11Ways 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.
12KPI to improve customer satisfaction
- Net Promoter Score (NPS).
- Customer Satisfaction Score (CSAT).
- Customer Effort Score (CES) and Customer Loyalty
Index (CLI).
13Ways 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.
14KPIs to track customer lifetime value
- Average cost of buying.
- Buying frequency.
- Customer value and acquisition Cost of
Customers.
15KPIs 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.
16Summation
- 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. -
17Thank You
- For more information on direct sales KPIs visit
- https//www.epixelmlmsoftware.com/blog/direct-sale
s-kpis