I'm a salesperson and I want to understand what constitutes a good return on investment (ROI) in my field. I'm looking for a benchmark or a range that indicates a healthy ROI for my sales efforts.
5 answers
KatanaBlade
Mon Dec 30 2024
One key determinant is the industry in which the investment is made. Different sectors have varying profit margins and growth potential.
Andrea
Mon Dec 30 2024
Another significant consideration is the level of risk associated with the investment. Higher risks often correlate with the potential for higher returns.
Martino
Mon Dec 30 2024
Company goals also play a crucial role in evaluating ROI. Some businesses may prioritize stability and consistent profits, while others aim for aggressive growth.
Leonardo
Mon Dec 30 2024
Typically, an ROI of 10% or higher is regarded as a good performance indicator. This threshold suggests that the investment is generating a substantial return relative to the initial outlay.
CryptoGuru
Mon Dec 30 2024
The acceptable range for a good ROI percentage fluctuates based on several factors.