M2 MONEY In: L1 TWO NUMBER GROWTH

0.0(0)
studied byStudied by 0 people
0.0(0)
call kaiCall Kai
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
GameKnowt Play
Card Sorting

1/16

encourage image

There's no tags or description

Looks like no tags are added yet.

Last updated 3:02 AM on 2/6/26
Name
Mastery
Learn
Test
Matching
Spaced
Call with Kai

No analytics yet

Send a link to your students to track their progress

17 Terms

1
New cards

What brings income into a business?

Sales bring income into a business. Without selling services or products, a salon or spa cannot make profit or stay open.

2
New cards

How can you be authentic in sales?

You can be authentic in sales by being genuine, knowledgeable, and focused on helping clients rather than just selling to them.

3
New cards

What type of sales should be avoided?

Pushy sales should be avoided as they can damage trust and reduce client retention.

4
New cards

What are KPIs?

KPIs (Key Performance Indicators) are measurable numbers used to track how well a business or employee is performing.

5
New cards

What is the purpose of KPIs?

The purpose of KPIs is to measure performance, track progress toward goals, and help businesses make informed decisions.

6
New cards

What are the two most important numbers for sales growth?

The two most important numbers for sales growth are Client Count and Average Ticket.

7
New cards

What does client count measure?

Client count measures how many individual clients you see over a set period of time, helping track business growth and client retention.

8
New cards

What is included in the average ticket?

Average ticket includes both service costs and product purchases.

9
New cards

Why do client count and average ticket matter?

Client count and average ticket matter because total sales are calculated by multiplying these two numbers, and growing either helps increase overall income and business success.

10
New cards

Does MONEY IN start with sales?

True

11
New cards

Can you be yourself, love what you do, and have great sales?

True

12
New cards

Do you need to be pushy with your clients in order to have great sales?

False

13
New cards

What does KPI stand for?

Key Performance Indicators

14
New cards

What are KPIs used to do?

Measure performance

15
New cards

What are the two most important numbers to grow sales?

Client count and average ticket

16
New cards

What is Client Count?

The total number of clients you see over a specific time period.

17
New cards

Does Average Ticket include products and services?

True.