When working with data, it is often helpful to visualize it in some way. This can help you see trends or patterns that you might not have been able to see just by looking at the data in a table or list. There are a number of different ways to visualize data, including bar charts, line charts, pie charts, and combination charts. Keep reading to learn how and why use a combination chart to track your company’s sales progress.
What is a combination chart?
A chart is a graphical representation of data, usually in the form of bars, lines, or areas. The data can be displayed as it relates to time, or it can be displayed as it relates to another variable. Charts are used to help people understand the relationships between data points and to help them make better decisions.
There are dozens of charts that can help you make sense of your data, but sometimes, just one chart type isn’t enough. This is when you might want to use a combination chart instead. A combination chart combines two or more chart types into a single graphical representation. For example, a bar and line combination chart blend the features of both a bar and line chart into one chart. The bars on a bar and line combination chart represent the different data points, while the lines between the bars represent the relationships between the data points. This type of chart can be used to show how each data point is related to the average or to other data points.
An area, column, and line combination chart combines these three useful chart types into one. An area chart is similar to a line chart, except that it displays data as a shaded area rather than as points. The area is filled with color or a pattern that gives an idea of the magnitude. When the area chart is placed beneath columns and lines representing similar data at a particular time, you can get a clearer picture of what your data is demonstrating.
How do you use a combination chart to track sales progress?
There are a number of ways businesses can use bar and line combination charts to track their data. One way is to use a bar chart to track the total sales for each month and then use a line chart to track the sales growth for each month. This allows businesses to see how the total sales change over time, as well as how the sales growth changes over time.
Another way businesses can use bar and line combination charts is to track the profits for each. This can be done by using a bar chart to track the total profits for each product line for each month and then using a line chart to track the profit growth for each product line.
Bar and line combination charts can also be used to track the number of new customers. This can be done by using a bar chart to track the total number of new customers each month and then using a line chart to track the number of new customers each week. Looking at your business’s customer growth over time can give you a good indication of how well you’re doing.
Businesses can also use bar and line combination charts to track the number of sales leads. This can be done by using a bar chart to track the total number of sales leads each month and then using a line chart to track the number of sales leads each week. If the number of sales leads decreases over time, businesses can investigate why this is happening and try to fix the problem. Maybe they need to do a better job of marketing their products or services, or maybe they need to improve their customer service. Whatever the reason, tracking the number of sales leads is a valuable way to improve the business.
Lastly, bar and line combination charts can be used to track the number of customer complaints each month. This can be done by using a bar chart to track the total number of customer complaints each month and then using a line chart to track the number of customer complaints each week. With this information, businesses can better address customer complaints and reduce their number.
In summary, combination charts are an effective way to visualize data because they allow for comparisons between data points, as well as comparisons between the chart types being used.
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