How to start to create a sales model/forecast?

Unless you have a comprehensive CRM solution, I recommend to start by compiling all opportunities in a spreadsheet. List out

 

 - Country/Market

- Compelling event/motivation of the client

- Category of product/service to be delivered

- Total contract value TCV

- Probability /sales stage 

- Weighted TCV (i.e probability multiplied with TCV)

- Expected closing date

- Actions required to close

 

By summarizing the TCV column and weighted TCV column you can quickly get an estimated of both weighted and unweighted pipeline.

Hope this helps.

Thanks for invitation -

Action detailed study - Product - site sales - competitive prices - and competitive offers - Incentive markets - the final report - the work of the feasibility study !!!

Thanks

I totally agree with the answer given by Mr. Andreas .................

Regards

I fully agree with Mr. Andreas Gaarder's excellent submission. Thanx for the invitation

agree with great answer given by Mr. Andreas Gaarder 

 

by practical analysis to parametric change for sales issue  in the market  

 

 

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Hi, it depends on the product, first is to see the economic capacity of the market, to have something attractive to attract attention, to review the space where you want to make the model, what budget you have, to have the complete and clear information of your product, More is a special technique

This question needs a real expert answer so I would just agree with Mr. Gaarder.

Though I appreciate your invitation.

by following the below steps: 

• develop a unit sales projection. 
• Use past data if you have it. 
• Use factors for a new product. 
• Break the purchase down into factors. 
• Be sure to project prices.

Thanks for invocation..

I agree with all answers.