Membrain's Products tool is one of the most popular elements of our Sales Analytics features, and it's no surprise as to why. Products allows for the tracking of the individual products and services you sell, as well as in-depth reporting on expected revenue - not just closing dates.
We're excited to announce that we've just added a whole new set of metrics to measure in Products. Read on to find out more!
Products already offers the tracking of products and services your business provides, along with details like Expected Revenue dates, Fixed or Recurring pricing and Quantities (both additive and non-additive). It also has a handy quoting tool, which means professional pricing options can be directly to customers, straight from a sales project. This new update offers more in-depth tracking and analysis of the products and services you sell, giving you more flexibility and control, with additional insights into the value your products and services bring to your business.
- Costs and Profit tracking - The revenue each product generates is important to track, but equally important can be the ability to track the cost against that revenue. This opens up a world of new reporting possibilities, for example Profit margins, Cost analysis, and insights into the ROI your products generate.
- Discounts - Love them or loathe them, discounts can often be a big part of closing a deal. With that in mind, we've added the ability to apply a discount as a percentage or as an absolute amount to each product offering you have. Either as a default, or something the salesperson can enter, ad-hoc, means its very flexible and easy to use, and report on.
If you're not familiar with what Products can do, read these articles first Products - Revenue Tracking at its finest, and Top 5 eye-opening graphs for Products
Or check our our Help Center to learn how to get started with tracking and reporting on Products.
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