Sales forecast

Sales forecast,

Definition of Sales forecast:

  1. Projection of achievable sales revenue, based on historical sales data, analysis of market surveys and trends, and salespersons estimates. Also called sales budget, it forms the basis of a business plan because the level of sales revenue affects practically every aspect of a business. See also sales target.

How to use Sales forecast in a sentence?

  1. You should put together a good sales forecast to try and predict how things will go with your new product.
  2. Our sales forecast was going well and we thought we would be getting a lot more revenue this year. compared to last.
  3. The trending sales forecast was overshadowed by new competition opening a business down the street forcing the owners to lay off poor workers.

Meaning of Sales forecast & Sales forecast Definition