Financial Modeling for a Retail Business
Retail financial models are divided into two types – online and brick and mortar. CFI’s e-Commerce course is an example of a financial modeling retail company that sells directly to consumers online. The main drivers for this type of model are website traffic, conversion rates, average order value, and lifetime value. A brick and mortgage retail company model is driven by the number of stores, average store size, sales per square foot, and same-store sales growth.