With the extrapolation, you get a preview of the expected sales for the current month or a definable period.
Function of the extrapolation
The extrapolation allows you to estimate the expected level of your sales within a period. For example, in the middle of the month, you can assess how the sales will look at the end of the month. The basis for the estimate is the sales from the days that have already elapsed in the selected period.
Observation period and calculation basis
- Observation period: You can specify which period you want to calculate. When you open the function, this is always the complete current month.
- If desired, you can limit the calculation to individual employees.
- Calculation basis: The basis for the extrapolation is the sales already generated in the calculation basis. When you open the function, this is always the current month up to the current date.
Extrapolation
After you have set the desired periods, you receive the sales preview as well as a daily statistic of the period under consideration.
Evaluation
The extrapolation thus answers the question "What will sales look like at the end of the month if things continue on average as they have so far?". If you are dissatisfied with the preview amount, you could, for example, launch additional marketing measures or encourage your employees to increase product sales.