percentage of sales method

Definition

A simple method that companies can use in setting their advertising budgets. This is typically based upon a certain percent of prior sales and/or via a prediction of sales that may be made in the future.

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You may want to try and figure out a way to use the percentage of sales method to your favor and profit from it.

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We tried this new method out in our business called the percentage of sales method and we found out that it worked very well.

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The percentage of sales method that Lloyd employed was quite accurate because the ratio of sales to advertising dollars worked out perfectly.

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