How to create sales reports to understand the business
Hey there, buddy! Today we’re going to talk about real magic—not just the kind they use at Hogwarts. In our world, there’s no magic wand—it’s all about sales reports. If you’re an entrepreneur, a marketer, or just curious—this article is for you. Let’s go!
Imagine this: you walk into your kitchen in the morning, open the fridge, and—bam—it’s empty! No eggs, no milk—a tragedy. A sales report is like your internal “fridge,” but for business. You open it and immediately see what you have a lot of, what’s running out, and what’s completely spoiled.
These reports usually show:
Sales volumes
Income and expenses
Top-sellers and underperformers
Let’s admit it—it’s great to know which products are flying off the shelves like hotcakes, and which ones are just sitting around waiting for their moment (which, let’s be honest, may never come). Here’s why you need reports:
To know what’s working well and what needs fixing ASAP.
To plan your inventory and avoid storing piles of winter hats in the summer.
To see where your business is headed—up, down, or in circles.
A good report is like a Netflix series: clear, understandable, and a little intriguing.
Period: Week, month, year—you need to pick the right timeframe.
Products and categories: It should be clear at a glance what’s “taking off” and what’s “sinking.”
Revenue and profit: Can’t do without these. The numbers should speak for themselves: “Hey, we made good money here, but something went wrong over there.”
Now let’s take it up a notch. Sitting and manually filling out Excel sheets is retro—unless you’re a big fan of typewriters and rotary phones. These days, AI can do it all for you. Feed in your data—get a beautiful visual with trends.
You need automation if:
You often make mistakes (we’re all human, but AI is more accurate).
You want to save time (AI doesn’t need coffee breaks or vacations).
You want beautiful visualizations, so even accounting’s Vera Ivanovna says “Wow!”
Imagine a robot assistant taking a mountain of paperwork and sorting it neatly in seconds. That’s basically how AI works. It analyzes data and highlights what matters most:
The most profitable products
Trends and seasonality
Future sales forecasts
No complicated terms like “regression” or “clustering”—just think of it as a robot that quickly and accurately puts everything in order.
Of course! For example, a coffee shop used AI-powered reports to discover that their matcha latte was the worst seller, but their mint raff was a real hit. Result: they dropped the unpopular drink, saved money, and increased revenue.
Another case—a kids’ toy online shop saw that plush bears became a February bestseller. AI suggested the reason: Valentine’s Day. The store increased their stock ahead of time and hit the jackpot.
Don’t overload your report with unnecessary details—the simpler, the better.
Make reports regularly—it's easier to catch problems on time.
Use visualization—charts and diagrams are quicker to understand than dry numbers.
By the way, if you read the article again carefully, you’ll find an Easter egg referencing a popular fridge meme. (No, not the “close the fridge, it’s not a TV” one.)
Choose a reporting period.
Define main metrics (revenue, profit, bestsellers).
Implement AI automation.
Analyze reports regularly.
Apply your findings in practice.
Now you’re armed and dangerous—ready to turn your reports into magic. Good luck, wizard!
Start using neural networks to automate your business today and get your first results in just 5 minutes.