Describe Trends in Business English - Describing Statistics, Sales and Market Trends

99,254 views ・ 2021-04-22

Oxford Online English


Please double-click on the English subtitles below to play the video.

00:01
Hi, I’m Kasia.
0
1280
1680
00:02
In this lesson, you can learn how  to describe trends and statistics,  
1
2960
4800
00:07
with a focus on business English use. That means  you’ll learn how to describe sales figures,  
2
7760
7040
00:14
market trends, and company successes or failures.
3
14800
2960
00:18
You’ll see useful language to talk  about statistics in different ways,  
4
18480
4400
00:23
including how to describe line graphs, proportions  and pie charts, and comparing different trends.
5
23440
8480
00:33
Do you want English subtitles while watching  this video? Click the ‘CC’ button in the bottom  
6
33040
6640
00:39
right now to turn on English subtitles if you need  them. On a mobile device, tap the settings button.
7
39680
7680
00:48
Now, let’s look at our first topic: how to  describe sales figures in different time periods. 
8
48640
9200
01:01
Sales to the 18 to 35 age group increased  consistently over the year. Sales rose from  
9
61280
6480
01:07
just under two million in the first quarter  to a little over two million by the end of Q4.
10
67760
5120
01:14
Sales were strongest overall  to the 36 to 50 demographic,  
11
74160
4240
01:18
with figures improving by five million between  Q1 and Q3. However, the most spectacular  
12
78400
6160
01:24
results were seen in Q4; sales doubled  from Q3, reaching a peak of 15 million.
13
84560
6080
01:31
For the 51 to 65 group, results were  solid but there was only a negligible  
14
91680
5200
01:36
increase for the full year. Sales  initially fell between Q1 and Q2,  
15
96880
5200
01:42
but recovered from four million in  Q2 to 6.5 million by the end of Q4.
16
102080
5680
01:49
Finally, sales to those aged 66 and up  decreased steadily throughout the year.  
17
109040
6000
01:55
Sales fell from eight million in the first  quarter to two million by the end of Q4. There  
18
115680
5520
02:01
was a particularly pronounced decline between  Q2 and Q3, when sales dropped by three million. 
19
121200
6640
02:10
Look at a sentence. 
20
130240
880
02:13
What word could you use to complete the  sentence? There’s more than one possible  
21
133680
6160
02:19
answer! Pause the video and think about  it. Try to get as many answers as you can. 
22
139840
6720
02:29
You could say: ‘Sales *increased*  from 150 million to 200 million.’ 
23
149040
6800
02:38
Or, you could say: ‘Sales *rose*  from 150 million to 200 million.’
24
158720
6080
02:45
You could also say ‘grew’, ‘improved’,  
25
165680
3040
02:48
or ‘climbed’. Note that you can only use ‘improve’  if you’re talking about something positive. 
26
168720
5920
02:56
All these verbs follow the same pattern. However, you can use them in other ways.  
27
176800
7280
03:05
Look at two sentences. Do you know the difference? Could you explain it? 
28
185040
6960
03:14
Let’s do this by example. 
29
194560
3280
03:18
If these are the figures, which is correct?  Did sales increase *to* 1,000, or *by* 1,000?
30
198880
9440
03:30
The correct answer is: ‘Sales increased  
31
210640
3760
03:34
*to* 1,000’. What about ‘increased  by’? What would the numbers look like? 
32
214400
6480
03:43
If sales increased *by* 1,000,  the numbers might look like this. 
33
223200
5680
03:51
The same rule works with the other verbs you saw  before: ‘rise’, ‘grow’, ‘improve’ and ‘climb’.
34
231280
8560
04:01
Look at one more sentence: 
35
241280
1600
04:04
How many words could you use  to complete this sentence? 
36
244960
3360
04:10
You could say ‘decrease’, but again  there are other possibilities;  
37
250480
5280
04:16
‘fall’ and ‘drop’ are also common. You could also  use ‘decline’, although it’s rarer as a verb.
38
256320
6720
04:24
You can use the same patterns you saw before.  For example, you can say that something  
39
264560
5920
04:30
decreased from something to something.  Or, you can use ‘by’ after these verbs.
40
270480
6080
04:37
Finally, many of these verbs can also be used  as nouns. For example: ‘There was a large  
41
277680
8160
04:45
increase in sales figures in  the first quarter of the year.’ 
42
285840
3920
04:52
‘There was a steady fall in  advertising revenues throughout 2019.’ 
43
292560
5440
05:00
‘We experienced a sudden drop  in web traffic in August.’ 
44
300320
4720
05:08
In some cases, the noun form is  different, as in ‘grow - growth’, 
45
308240
5680
05:15
or ‘improve - improvement’. You can use these nouns in the way you just saw.  
46
315680
8160
05:24
For example: ‘There was a steady growth  in advertising revenues throughout 2019.’
47
324400
5840
05:32
Now, you should have many  different ways to describe trends.  
48
332400
3280
05:36
Let’s see how you can describe  percentages and proportions.
49
336320
4160
05:45
More than half (55%) of our sales were vehicle  insurance. The second highest performer was  
50
345520
7600
05:53
home insurance, making up one-fifth of policies  sold. Life and health insurance each comprised  
51
353120
7760
06:00
ten per cent of total sales, while travel  insurance accounted for the smallest  
52
360880
5360
06:06
percentage of sales, at just five per cent. If you want to talk about percentages and  
53
366240
7760
06:14
proportions, you’ll need to use different language  compared to talking about trends and quantities.
54
374000
6320
06:21
Look at some sentences you  heard in the presentation. 
55
381360
2640
06:26
Can you remember the missing words? Pause the  video and try to find the answers. If you want,  
56
386080
7440
06:33
you can also go back and review the presentation.
57
393520
2880
06:39
Ready? Let's check.
58
399120
1840
06:43
To talk about proportions, you might need to  talk about fractions, like in sentence one.
59
403520
6960
06:51
Do you know other words for fractions in English? 
60
411360
3120
06:56
You can say ‘a third’, ‘a quarter’, ‘a fifth’,  and so on. Then, you can add words like  
61
416960
8160
07:05
‘more than’ or ‘less than’ to  describe things more accurately.
62
425680
5120
07:11
For example: ‘Less than a third of customers  said they would recommend us to a friend.’ 
63
431600
6160
07:20
‘More than three quarters of  purchases were through our website.’ 
64
440320
3840
07:26
You might also need verbs like  ‘comprise’ or ‘account for. 
65
446320
4960
07:32
A similar verb is ‘make up’. You heard ‘The  second highest performer was home insurance,  
66
452640
7920
07:40
making up one-fifth of policies sold.’ You can use these verbs with percentages  
67
460560
7600
07:48
or fractions. For example, you can say ‘Clothing  sales accounted for 80% of our revenue last year.’ 
68
468160
9680
07:58
Or, you could say ‘Clothing sales accounted  for four-fifths of our revenue last year.’
69
478960
6160
08:07
Again, you can add a modifier, like ‘more than’  or ‘approximately’, if you need to. For example:  
70
487040
9040
08:16
‘Clothing sales accounted for approximately  four-fifths of our revenue last year.’ 
71
496800
6000
08:24
Or: ‘Clothing sales accounted for just  under four-fifths of our revenue last year.’ 
72
504720
7280
08:34
In this way, you can describe a wide range  of figures as precisely as you need to.
73
514240
5600
08:41
Let’s move on to our next point:  describing rates of change.
74
521200
4880
08:51
In Europe, the number of new customers fluctuated  between 2017 and 2020, but overall numbers  
75
531360
6720
08:58
remained constant, with figures for 2020 very  close to those for the beginning of the period.
76
538080
5440
09:04
In Asia, numbers increased in every year, but  between 2019 and 2020 there was a dramatic rise,  
77
544080
7520
09:11
reaching a peak of 30 million  new customers gained in 2020.
78
551600
4320
09:16
Customer acquisition in the  Americas saw steady growth,  
79
556640
3600
09:20
with numbers rising by around  five million each year.
80
560240
3040
09:24
In the Middle East and North Africa, the number  of new customers collapsed between 2017 and 2018,  
81
564000
7520
09:31
reaching a low point of just half a  million in 2018. Customer acquisition  
82
571520
5520
09:37
figures then levelled off, with only small  fluctuations over the remaining period. 
83
577040
4720
09:44
Let’s look at some language  you saw in the presentation. 
84
584320
5520
09:50
Look at the highlighted words. Imagine that you  want to explain what they mean to a colleague  
85
590880
7280
09:58
who hasn’t seen them before. How would you  explain the words in English? Think about it! 
86
598160
6560
10:07
If a figure fluctuates, it moves up and  down, but the overall change is small.  
87
607120
6720
10:14
Here, it means that the  number increased and decreased  
88
614640
3680
10:18
in different years, but that the number  in 2020 was close to the number for 2017. 
89
618320
6880
10:28
A dramatic rise means a really large, sudden  increase. ‘Dramatic’ is a strong word,  
90
628000
7200
10:35
so don’t overuse it – save it for exceptional  cases. If you want other words to describe  
91
635200
6640
10:41
a large increase, you could say ‘a significant  rise’, ‘a considerable rise’ or ‘a large rise’.
92
641840
7760
10:50
Remember that ‘increase’ can also be used as  a noun, so you can say ‘a dramatic rise’ or ‘a  
93
650960
6880
10:57
dramatic increase’. You can say ‘a significant  rise’ or ‘a significant increase’, and so on. 
94
657840
7360
11:06
‘Steady growth’ means that something increases  at a constant rate over a period of time.  
95
666880
6960
11:14
You can also say ‘gradual growth’ or  ‘continuous growth’, with a similar meaning. 
96
674720
6000
11:23
Finally, in sentence four,  ‘collapse’ means to decrease  
97
683280
4000
11:27
by a large amount in a short time. ‘Collapse’ has  the meaning of something negative or destructive.  
98
687280
6080
11:34
Generally, if something collapses,  then it doesn’t exist any more.
99
694160
3760
11:39
‘Collapse’ can be a verb or a noun.  You can use it as a noun like this:  
100
699040
5520
11:45
‘After the collapse of the company,  thousands were made redundant.’
101
705440
3520
11:51
Now, let’s look at our final point.
102
711040
4800
11:58
2020 was a strong year for our vehicle insurance  arm. In fact, in the second half of the year,  
103
718080
7600
12:05
sales hit their highest levels ever, which made  a significant contribution to our record profits  
104
725680
6960
12:12
for the year. The home insurance division  also did well, with a solid performance  
105
732640
5920
12:18
throughout 2020. Although life insurance  constituted a small proportion of our total,  
106
738560
5680
12:24
sales nonetheless outperformed expectations, and  we’re hoping to build on that growth in 2021.
107
744880
7520
12:33
On the other hand, our health insurance  division had a disappointing year,  
108
753760
4080
12:38
with sales falling well below expectations.  Challenging market conditions led to a significant  
109
758480
7040
12:45
increase in customer acquisition costs, meaning  that profitability was also negatively impacted.  
110
765520
7440
12:53
Sales of travel insurance were also poor,  although broadly in line with predictions. 
111
773680
5680
13:01
Look at some sentences from the presentation  relating to a strong sales performance. 
112
781600
4960
13:08
Can you remember or guess the missing words?  Pause the video and try to find your answers. 
113
788960
6640
13:18
Let’s take a look. 
114
798480
1360
13:21
Sales figures can be strong if they’re  better than expected. You can also use  
115
801920
5600
13:27
general words like ‘good’ or ‘excellent’. In sentence two, you can also say ‘reached’.  
116
807520
8000
13:36
If sales hit their highest levels ever, then  you could say that you set a new record.
117
816080
6080
13:43
You set a new record when you reach a level  which is better than you ever have in the past. 
118
823360
6160
13:51
In sentence three, ‘outperform’ means to  perform better than expected. The opposite verb  
119
831840
7360
13:59
is ‘underperform’, so if figures are  
120
839200
3280
14:02
worse than expected, you could say that  a department or a company underperformed. 
121
842480
5360
14:10
What about if sales were poor?  Look at three more sentences. 
122
850080
5760
14:16
Can you remember the missing words? You know what  to do! Pause the video and get your answers now. 
123
856720
5920
14:25
Could you remember? Let’s look together. If sales are worse than you expected,  
124
865040
8720
14:34
you could also describe them as  ‘weak’, ‘poor’, or just ‘bad’. 
125
874480
5120
14:42
In sentence two, ‘challenging’ means  something like ‘difficult’. ‘Challenging  
126
882000
7120
14:49
market conditions’ means that doing business  and making sales is harder than it normally is. 
127
889120
8880
14:58
Don’t forget: the presentations contain  many more examples of language you can use  
128
898000
6880
15:04
to describe market trends and company performance.  
129
904880
3760
15:09
Review them several times and find words  and phrases which you can use in your work!
130
909520
5520
15:16
Thanks for watching!
131
916720
880
15:18
See you next time!
132
918160
6320
About this website

This site will introduce you to YouTube videos that are useful for learning English. You will see English lessons taught by top-notch teachers from around the world. Double-click on the English subtitles displayed on each video page to play the video from there. The subtitles scroll in sync with the video playback. If you have any comments or requests, please contact us using this contact form.

https://forms.gle/WvT1wiN1qDtmnspy7