Please Note: This article pertains to functionality in the Latest Version of Treez.
Question:
How does the Budtender Dashboard help my business?
Answer:
The Budtender Dashboard empowers your frontline budtenders to have access to their sales performance, transaction time, and how that compares to the other budtenders in the store or in the whole organization.
Unlike the Budtender Performance dashboard, which aims to provide an overview of the sales floor, the Budtender Dashboard gives insights to each budtender on their performance. Budtenders can keep track of the type and number of discounts they have been using, the brands and product types they have been selling faster so that they can adjust their strategies accordingly.
Please note: Key Performance Indicators (KPIs) the dashboard covers:
Units Sold
Net Sales - Gross Sales minus Discounts and Returns
Monthly
Average Order Value - Net Sales divided by Transactions
Daily, Weekly, Monthly, and Annual
Average Order Profit - Gross Income divided by Transactions
Daily, Weekly, Monthly, and Annual
Average Transaction Time - Total Transaction Time Divided by Transactions
Growth through Knowledge:
Empower every stakeholder. Labor is one of your most experienced resources and every customer-facing employee needs to know their individual KPIs, and how it affects the overall company goal. They must proactively impact your top and bottom line.
Loss Prevention:
Discounting is often a temporary tactic to help acquire new customers, introduce new brands/products, eliminate stranded stock, - and most importantly - sustain sales lift. Oftentimes, discounting is manual, error-prone, and conducive to theft. Ensure every stakeholder knows how much they have discounted and where they stand with average order profit.
Upselling Customers:
Average order value and average order profit are key metrics that help you optimize every dollar invested. Set targets for your customer-facing staff, empower them with a leaderboard and watch behaviors naturally change for the better.
Overall Efficiency:
Spend every second impacting your top and bottom line. Don’t spend them building custom reports, pivot tables, or combing through hundreds of reports to extract and combine the needed metrics for your stakeholders.