Sales Mix: How to Calculate It For Increased Profits
In the world of business, understanding the dynamics of your sales mix is a fundamental step toward optimizing profitability. Sales mix refers to the proportion of different products or services that contribute to your total sales revenue. By calculating and analyzing your sales mix, you can make informed decisions to maximize profits and strategically allocate resources. In this article, we’ll explore the concept of sales mix and provide insights into how to calculate and leverage it for increased profitability.