Forecasting sales based on how likely every deal in your pipeline is to close
Opportunity stage forecasting involves taking a close look at what’s in your pipeline and each deal’s probability of closing. The closer to the end of your pipeline, the greater the chance a deal has of closing.
You then assign a probability to each stage of the pipeline. For example, if you see that one in five of the prospects with whom you schedule a demo become customers, you know that this stage of the pipeline has a 20% likelihood to close.
Find out how you can create a solid sales forecasting method in our article.