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Google Sheetsspreadsheet~15 mins

IFS function in Google Sheets - Real Business Scenario

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Scenario Mode
👤 Your Role: You are a sales analyst at a retail company.
📋 Request: Your manager wants you to categorize sales performance for each store based on monthly sales numbers.
📊 Data: You have a table with store names and their monthly sales amounts.
🎯 Deliverable: Create a new column that uses the IFS function to assign performance categories: 'Excellent' for sales above 10000, 'Good' for sales between 7000 and 10000, 'Average' for sales between 4000 and 7000, and 'Poor' for sales below 4000.
Progress0 / 3 steps
Sample Data
StoreMonthly Sales
Store A12000
Store B8500
Store C6700
Store D3900
Store E15000
Store F7200
Store G3000
Store H9800
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Step 1: Insert a new column next to 'Monthly Sales' and label it 'Performance Category'.
Expected Result
A new column ready to hold performance categories.
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Step 2: In the first cell under 'Performance Category' (e.g., C2), enter the IFS formula to categorize sales.
=IFS(B2>10000, "Excellent", B2>7000, "Good", B2>4000, "Average", B2<=4000, "Poor")
Expected Result
For Store A with 12000 sales, the formula returns 'Excellent'.
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Step 3: Copy the formula down the entire 'Performance Category' column for all stores.
Drag the fill handle from C2 down to C9.
Expected Result
Each store has a performance category assigned based on its sales.
Final Result
Store    Monthly Sales    Performance Category
---------------------------------------------
Store A  12000           Excellent
Store B  8500            Good
Store C  6700            Average
Store D  3900            Poor
Store E  15000           Excellent
Store F  7200            Good
Store G  3000            Poor
Store H  9800            Good
Stores with sales above 10000 are marked as Excellent.
Stores with sales between 7000 and 10000 are marked as Good.
Stores with sales between 4000 and 7000 are marked as Average.
Stores with sales below 4000 are marked as Poor.
Bonus Challenge

Add a new category 'Outstanding' for sales above 14000 and update the IFS formula accordingly.

Show Hint
Add the condition B2>14000, "Outstanding" as the first condition in the IFS formula.