5. SALES FORECASTING

https://www.baidu.com/s?ie=UTF-8&wd=%E7%91%9E%E5%85%8B%E4%B8%8E%E8%8E%AB%E8%92%82%E7%AC%AC%E4%B8%80%E5%AD%A3Where do the numbers comefrom?

Sales has a short termperspective

Marketing has a long termperspective


Forecasting terms:

Market potential

Market forecast

Sales potential

Sales forecast

Quota


FORECASTING METHODOLOGIES

SECONDARY DATA

PRIMARY DATA


SUBJECTIVE/QUALITATIVE:

Jury of Executive Opinion

Sales force composite

Focus groups


OBJECTIVE/QUANTITATIVE:

Buyer surveys

Test markets

Time series


QUOTA  PURPOSE:

Incentives

Evaluation


CHARACTERISTICS OF GOOD QUOTAS:

Attainable

Easy to Understand

Complete

Timely

Not easy to manipulate


QUOTA TYPES:

Activity

Sales volume ($ and/or units)

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