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If you want to compare the effectiveness of online sales vs in-store sales between Best Buy...

If you want to compare the effectiveness of online sales vs in-store sales between Best Buy and Amazon, what are some of the ways you can do this?

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Answer #1

In order to do so, we can calculate the profit percentage in both the scenarios and see which is generating more profit. Profit percentage instead of profit calculation is important as in scenarios where we want to compare two business, profits can be misleading but the profit percentage will not be.
Apart from this we can also see the percentage of products sold out of the total products available on a day in both the business scenarios.

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