To increase the average bill, it needs to be calculated correctly

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For a business owner or company manager, the average check is a convenient tool to assess the state of the business and its development process. By tracking the dynamics of the average check, the manager can understand what stage his business is at.

The calculation of the average check depends on the range of goods and services that the company provides. For each type of business, this parameter will have its own characteristics. For example, if the product range matrix is ​​small, then the calculation will be simple, but if there are many goods, then the formula for calculating the average check will be more complicated.

There is a myth that it is not possible to calculate the ecuador mobile phone numbers database average check for every company, but this is a false statement. Using the basic formula, you can roughly calculate the average amount of one purchase: take the entire sales volume for a certain period of time and divide it by the number of completed transactions. As a result, we get the average check.

But not everything is so simple, there are moments that can spoil and distort such a seemingly simple calculation. We are talking about a number of circumstances below.

Seasonality . If your business has different indicators depending on seasonal demand, then it is worth taking short periods when calculating: the greater the demand surges, the higher the variability and volatility of the market, the shorter the time period for which the calculation is made.

Assortment . If your company provides consumers with a wide range of goods and services, then when calculating the average bill, you need to divide your products into certain groups. Calculations must be performed separately for each group of goods and services.

Clients . If your clients are representatives of different income groups, then calculate the average bill for each of them, at a minimum it is worth dividing buyers into two categories - economy and VIP.

As a rule, calculating the average check does not cause any difficulties, and in most cases a basic formula is sufficient, which can be adjusted in accordance with the specifics of the business.