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Glossary · Finance

What is Net Sales?

Net sales is what remains after returns, cancellations and discounts are deducted from gross sales. Agency fees, commissions and any real performance measurement are calculated on this figure; anything based on gross sales flatters reality.

Detail

The Turkal Partners fee model also works on net sales: the figure used is net of returns, cancellations and platform refunds. In high-return categories the gap between gross and net sales can reach 30%; ignore that gap and both agency and brand make the wrong call.

Formula

Net sales = Gross sales − Returns − Cancellations − Discounts

Example

$100,000 gross, $18,000 in returns, $4,000 in cancellations → $78,000 in net sales.
FAQ

Common questions on this topic.

How is Net Sales calculated?

Net sales = Gross sales − Returns − Cancellations − Discounts

$100,000 gross, $18,000 in returns, $4,000 in cancellations → $78,000 in net sales.

Why does Net Sales matter?

The Turkal Partners fee model also works on net sales: the figure used is net of returns, cancellations and platform refunds. In high-return categories the gap between gross and net sales can reach 30%; ignore that gap and both agency and brand make the wrong call.

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