Describe Trends in Business English Describing Statistics Sales and Market Trends
Hi, I’m Kasia.
In this lesson, you can learn how
to describe trends and statistics,
with a focus on business English use. That means
you’ll learn how to describe sales figures,
market trends, and company successes or failures.
You’ll see useful language to talk
about statistics in different ways,
including how to describe line graphs, proportions
and pie charts, and comparing different trends.
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Now, let’s look at our first topic: how to
describe sales figures in different time periods.
Sales to the 18 to 35 age group increased
consistently over the year. Sales rose from
just under two million in the first quarter
to a little over two million by the end of Q4.
Sales were strongest overall
to the 36 to 50 demographic,
with figures improving by five million between
Q1 and Q3. However, the most spectacular
results were seen in Q4; sales doubled
from Q3, reaching a peak of 15 million.
For the 51 to 65 group, results were
solid but there was only a negligible
increase for the full year. Sales
initially fell between Q1 and Q2,
but recovered from four million in
Q2 to 6.5 million by the end of Q4.
Finally, sales to those aged 66 and up
decreased steadily throughout the year.
Sales fell from eight million in the first
quarter to two million by the end of Q4. There
was a particularly pronounced decline between
Q2 and Q3, when sales dropped by three million.
Look at a sentence.
What word could you use to complete the
sentence? There’s more than one possible
answer! Pause the video and think about
it. Try to get as many answers as you can.
You could say: ‘Sales increased
from 150 million to 200 million.’
Or, you could say: ‘Sales rose
from 150 million to 200 million.’
You could also say ‘grew’, ‘improved’,
or ‘climbed’. Note that you can only use ‘improve’
if you’re talking about something positive.
All these verbs follow the same pattern.
However, you can use them in other ways.
Look at two sentences.
Do you know the difference? Could you explain it?
Let’s do this by example.
If these are the figures, which is correct?
Did sales increase to 1,000, or by 1,000?
The correct answer is: ‘Sales increased
to 1,000’. What about ‘increased
by’? What would the numbers look like?
If sales increased by 1,000,
the numbers might look like this.
The same rule works with the other verbs you saw
before: ‘rise’, ‘grow’, ‘improve’ and ‘climb’.
Look at one more sentence:
How many words could you use
to complete this sentence?
You could say ‘decrease’, but again
there are other possibilities;
‘fall’ and ‘drop’ are also common. You could also
use ‘decline’, although it’s rarer as a verb.
You can use the same patterns you saw before.
For example, you can say that something
decreased from something to something.
Or, you can use ‘by’ after these verbs.
Finally, many of these verbs can also be used
as nouns. For example: ‘There was a large
increase in sales figures in
the first quarter of the year.’
‘There was a steady fall in
advertising revenues throughout 2019.’
‘We experienced a sudden drop
in web traffic in August.’
In some cases, the noun form is
different, as in ‘grow - growth’,
or ‘improve - improvement’.
You can use these nouns in the way you just saw.
For example: ‘There was a steady growth
in advertising revenues throughout 2019.’
Now, you should have many
different ways to describe trends.
Let’s see how you can describe
percentages and proportions.
More than half (55%) of our sales were vehicle
insurance. The second highest performer was
home insurance, making up one-fifth of policies
sold. Life and health insurance each comprised
ten per cent of total sales, while travel
insurance accounted for the smallest
percentage of sales, at just five per cent.
If you want to talk about percentages and
proportions, you’ll need to use different language
compared to talking about trends and quantities.
Look at some sentences you
heard in the presentation.
Can you remember the missing words? Pause the
video and try to find the answers. If you want,
you can also go back and review the presentation.
Ready? Let’s check.
To talk about proportions, you might need to
talk about fractions, like in sentence one.
Do you know other words for fractions in English?
You can say ‘a third’, ‘a quarter’, ‘a fifth’,
and so on. Then, you can add words like
‘more than’ or ‘less than’ to
describe things more accurately.
For example: ‘Less than a third of customers
said they would recommend us to a friend.’
‘More than three quarters of
purchases were through our website.’
You might also need verbs like
‘comprise’ or ‘account for.
A similar verb is ‘make up’. You heard ‘The
second highest performer was home insurance,
making up one-fifth of policies sold.’
You can use these verbs with percentages
or fractions. For example, you can say ‘Clothing
sales accounted for 80% of our revenue last year.’
Or, you could say ‘Clothing sales accounted
for four-fifths of our revenue last year.’
Again, you can add a modifier, like ‘more than’
or ‘approximately’, if you need to. For example:
‘Clothing sales accounted for approximately
four-fifths of our revenue last year.’
Or: ‘Clothing sales accounted for just
under four-fifths of our revenue last year.’
In this way, you can describe a wide range
of figures as precisely as you need to.
Let’s move on to our next point:
describing rates of change.
In Europe, the number of new customers fluctuated
between 2017 and 2020, but overall numbers
remained constant, with figures for 2020 very
close to those for the beginning of the period.
In Asia, numbers increased in every year, but
between 2019 and 2020 there was a dramatic rise,
reaching a peak of 30 million
new customers gained in 2020.
Customer acquisition in the
Americas saw steady growth,
with numbers rising by around
five million each year.
In the Middle East and North Africa, the number
of new customers collapsed between 2017 and 2018,
reaching a low point of just half a
million in 2018. Customer acquisition
figures then levelled off, with only small
fluctuations over the remaining period.
Let’s look at some language
you saw in the presentation.
Look at the highlighted words. Imagine that you
want to explain what they mean to a colleague
who hasn’t seen them before. How would you
explain the words in English? Think about it!
If a figure fluctuates, it moves up and
down, but the overall change is small.
Here, it means that the
number increased and decreased
in different years, but that the number
in 2020 was close to the number for 2017.
A dramatic rise means a really large, sudden
increase. ‘Dramatic’ is a strong word,
so don’t overuse it – save it for exceptional
cases. If you want other words to describe
a large increase, you could say ‘a significant
rise’, ‘a considerable rise’ or ‘a large rise’.
Remember that ‘increase’ can also be used as
a noun, so you can say ‘a dramatic rise’ or ‘a
dramatic increase’. You can say ‘a significant
rise’ or ‘a significant increase’, and so on.
‘Steady growth’ means that something increases
at a constant rate over a period of time.
You can also say ‘gradual growth’ or
‘continuous growth’, with a similar meaning.
Finally, in sentence four,
‘collapse’ means to decrease
by a large amount in a short time. ‘Collapse’ has
the meaning of something negative or destructive.
Generally, if something collapses,
then it doesn’t exist any more.
‘Collapse’ can be a verb or a noun.
You can use it as a noun like this:
‘After the collapse of the company,
thousands were made redundant.’
Now, let’s look at our final point.
2020 was a strong year for our vehicle insurance
arm. In fact, in the second half of the year,
sales hit their highest levels ever, which made
a significant contribution to our record profits
for the year. The home insurance division
also did well, with a solid performance
throughout 2020. Although life insurance
constituted a small proportion of our total,
sales nonetheless outperformed expectations, and
we’re hoping to build on that growth in 2021.
On the other hand, our health insurance
division had a disappointing year,
with sales falling well below expectations.
Challenging market conditions led to a significant
increase in customer acquisition costs, meaning
that profitability was also negatively impacted.
Sales of travel insurance were also poor,
although broadly in line with predictions.
Look at some sentences from the presentation
relating to a strong sales performance.
Can you remember or guess the missing words?
Pause the video and try to find your answers.
Let’s take a look.
Sales figures can be strong if they’re
better than expected. You can also use
general words like ‘good’ or ‘excellent’.
In sentence two, you can also say ‘reached’.
If sales hit their highest levels ever, then
you could say that you set a new record.
You set a new record when you reach a level
which is better than you ever have in the past.
In sentence three, ‘outperform’ means to
perform better than expected. The opposite verb
is ‘underperform’, so if figures are
worse than expected, you could say that
a department or a company underperformed.
What about if sales were poor?
Look at three more sentences.
Can you remember the missing words? You know what
to do! Pause the video and get your answers now.
Could you remember? Let’s look together.
If sales are worse than you expected,
you could also describe them as
‘weak’, ‘poor’, or just ‘bad’.
In sentence two, ‘challenging’ means
something like ‘difficult’. ‘Challenging
market conditions’ means that doing business
and making sales is harder than it normally is.
Don’t forget: the presentations contain
many more examples of language you can use
to describe market trends and company performance.
Review them several times and find words
and phrases which you can use in your work!
Thanks for watching!
See you next time!