All language subtitles for 9 - L2 09 Sales Forecasting Model V1 V1 - lang_en

We will next focus on Sales Forecasting.

We will go through an example of forecasting sales bookings

using both the bottom-up approach and the top-down approach.

In the bottom-up approach,

you will see how historical data is used for forecasting.

In the top-down approach,

you will use assumptions about Santa RAM,

that influences sales productivity,

and in turn, the projected bookings.

Though there are many ways to implement each of these approaches,

the examples here, will provide a foundation

for extending these practices to new examples.

I've provided additional resources below

the videos for you to see other examples of sale forecast.

Before we begin, let's take a moment to revisit the sales funnel.

As you remember, the sales metrics are tracking the conversions from prospects into

leads and then turning these leads into qualified leads and finally,

we hope to win or close the deals and increase our sales bookings.

Now, let's go over a sales forecast using a bottom-up approach.

This is the more common approach and it comes from the sales funnel historical data