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what is sales forecast

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17y ago

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'What is the difference between sales forecast and sales plan?

Roughly, a Sales Plan is your strategie for achieving sales (purchases). A Sales forecast is an estimate at the beginning of a time period of how much one expects to sell.


Difference between sales plan and sales forecast?

A sales plan and a sales forecast are essentially the same, however the big difference is one is a set plan for the whole year. It is mostly used with larger corporations to single out units. A sales forecast is set at the store/branch level and is there to help with the changing situations (ie weather, natural disasters, and the such) A plan is what you are going to do and a forecast is what you think is going to happen. There should be a link between the two, but you may not have the capacity to make all that you could sell.


What is the difference between sales and production?

A forecast of Sales is calculating the amount of items you expect to sell over a certain period, whereas a Production forecast is calculating the amount of items you expect to produce over a certain period.


What are the different types of sales quotas?

sales volume quota ,expense quota, profit quota, activity quota


What are different types of sales quotas?

sales volume quota ,expense quota, profit quota, activity quota


What is the difference between sales and production forecasts?

A forecast of Sales is calculating the amount of items you expect to sell over a certain period, whereas a Production forecast is calculating the amount of items you expect to produce over a certain period.


What is the different between sales forecast and sales plan?

Sales plan is prepared based on sales forecast which is from previous experiance or on based on market research or intuition, an estimate that how much sales will be required in future.


What are the different types of quotas?

sales volume quota ,expense quota, profit quota, activity quota


Relationship between market demand market potential and sales forecasting?

demand forecasting is crucial for sales forecast


What is the difference in business intelligence from sales forecasting?

Sales forecasting is using business intelligence to develop a strategy for budgets. Business intelligence is the data used to get the sales forecast.


Where can one get sales forecast software?

There are many places where one could obtain sales forecast software. One could check sites such as Sales Force for purchasing sales forecast software.


What is sales quotas?

sales quota as mean of sale forecasting