Sales math: discounts, margin, commission and conversion

Skills you'll practise

• Calculate discounted prices and the volume needed to offset a discount
• Distinguish margin from markup
• Check a commission statement against a tiered plan
• Calculate funnel conversion rates

Course outline

1. 1.Sales math: discounts, margin and commissionVideo · 2 min
2. 2.Numbers you'll use every weekLesson · 18 min
3. 3.Tiered and accelerated commission plansLesson · 14 min
4. 4.Checking your numbers: a monthly routineLesson · 12 min
5. 5.Sales math: discounts, margin, commission and conversion: knowledge checkKnowledge check · 20 questions
6. 6.Sales math: discounts, margin, commission and conversion: practical exerciseKnowledge check · 1 question
7. 7.Final exam7 questions · passing it completes the course, so people who already know the material can test out

Sources it draws on

The lessons and questions are written from these references, so learners can go back to the original.

• General business-finance fundamentals (revenue, cost, gross margin, budgets)