Sales Revenue And Footfall

Question 1

What is sales revenue ?

Answer 1

Income from selling products
It is calculated by amount sold X by price the customer paid
It is different from profit
A company can have a high sales revenue but can still make a loss if costs a are higher

Question 2

What is footfall ?

Answer 2

Footfall is amount of people entering a shop
Measured over a period of time
Indicator for how successful a business attracts customers
Footfall doesn’t guarantee sales
Many stores calculate footfall by an electronic scanner on the front door of the shop