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You sell a fences for a fence building company. You classify prospects into two groups based on their zip code.
You sell a fences for a fence building company. You classify prospects into two groups based on their zip code. Prospects in zip code A typically purchase the standard fence, which is priced at $3,000. Prospects in zip code B typically purchase a fancier fence, which sells for $8,000. You also know that there are 245 qualified homes in zip code A and 159 in zip code B. What is the sales potential?
I did the formula this way: (245*3000)+(159*8000)= 200700 for the sales potential, but I don't know if that is right.
And if you are paid $50,000 salary play 10% commission and capture 4% of the market this year, what is your income?