Understanding Catalog Financial Models

All employees in a catalog company should have a reasonable understanding of what drives financial success and how the numbers work in a profitable business. But they should understand the basic catalog financials, such as what a financial model is and how to use it as a benchmark; how to use the fi...

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Veröffentlicht in:Catalog Age 2003-02, Vol.20 (2), p.48
1. Verfasser: Schmid, Jack
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description All employees in a catalog company should have a reasonable understanding of what drives financial success and how the numbers work in a profitable business. But they should understand the basic catalog financials, such as what a financial model is and how to use it as a benchmark; how to use the financial model to better manage the business; what goes into a profit-and-loss statement and who is responsible for each part of the P&L, the practical uses of financial modeling and the P in managing a catalog business. Examples of financial models for three types of consumer catalogs: gifts/ hard goods, apparel, and electronics are presented.
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source Business Source Complete
subjects Advertising
Business
Corporate profits
Costs
Customers
Finance
Financial statements
List brokers
Mail order houses
Mail-order industry
Marketing
Methods
Rentals
Sales
title Understanding Catalog Financial Models
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