Forecast Sales Meaning. Every manufacturer makes an estimation of the sales likely to take place in the near future. Whether you run a small business a startup or a global corporation like bluehost or hostgator having.
Prediction of future sales is what is known as sales forecasting. A prediction of future sales of a product either judgmental or based on previous sales patterns. A sales forecast is a prediction of future sales revenue.
Every manufacturer makes an estimation of the sales likely to take place in the near future.
Whether you run a small business a startup or a global corporation like bluehost or hostgator having. Sales forecasting is an essential business exercise. Sales forecasting is the projection of customer demand for the goods and services over a period of time. Every manufacturer makes an estimation of the sales likely to take place in the near future.