10 KPIs You Need To Grow Your Business

Are you measuring the right metrics to drive your business forward? Episode Overview: In this episode of The Candy Valentino Show, we’re diving into the top 10 Key Performance Indicators (KPIs) that every business owner needs to track. These essential metrics will help you monitor performance, make informed decisions, and position your business for long-term growth. Key Points1- Sales Revenue: Track total income from sales to understand the health of your business and set realistic financial goals. 2- Net Profit Margin: Measure how much profit you’re keeping after covering expenses to gauge efficiency and profitability. 3- Gross Margin: Analyze the percentage of revenue left after production costs to determine how effectively you’re managing resources. 4- Sales Growth Year-to-Date: Compare your current sales figures to last year’s to measure progress and identify trends. 5- Cost of Customer Acquisition (CAC): Calculate the cost of acquiring each new customer to ensure your marketing and sales strategies are sustainable. 6- Customer Retention Rate: Focus on keeping your customers coming back, as retention is often more cost-effective than acquiring new ones. 7- Net Promoter Score (NPS): Measure customer satisfaction and loyalty by asking how likely they are to recommend your business. 8- Qualified Leads Per Month: Track the number of potential customers who meet your ideal buyer criteria to refine your marketing efforts. 9- Lead-to-Client Conversion Rate: Understand how efficiently you’re turning prospects into paying customers to optimize your sales process. 10- Website Traffic: Monitor your site’s visitor numbers to evaluate your online presence and identify opportunities for growth. The Candy Valentino Show Is Sponsored By:  Land Rover: Go to https://www.landroverusa.com/ The most desirable luxury SUVs Penguin Random House: Visit https://www.penguinrandomhouse.com/ ▶︎ WEBSITE | https://www.candyvalentino.com/ Pre-Order My New Book: The 9% Edge Founders:https://foundersorganization.com/  Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Candy Valentino has been scaling businesses before she could legally drink! Join her every Monday as she talks about wealth habits, business models, profit plans, real estate investing, and much more. Listen and learn as Candy talks to some of the most successful minds in the world like Tony Robbins, Daymond John, Ed Mylett and Amy Lacey. Hear lessons directly from Candy leveraging her 25 years of knowledge and experience. Why focus on becoming rich when the true goal is to become wealthy? And not just with your finances! It doesn't matter if you belong to Generation X, Y or Z. The Candy Valentino Show is for you! Let's start investing. For more, follow Candy @candyvalentino on all social media platforms and subscribe to her channel on YouTube to watch your favorite episode.