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By the end, you’d have learned what a sales projection is, how it benefits your business, how to create accurate sales projections, and some tools you can use to ease the sales projection process. Table of Contents What is a sales projection? What are the benefits of sales projection? Make better decisions.
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For that reason, let’s focus on the “make or buy” decision and park the benefits of AI-powered software in another article. For example, until about a year or two ago, the main topic in our customer inquiries and initial presentations was “what does AI mean for sales and how does it work.” AI to support – buy.
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The forecasts are based on historical sales data. That makes pricing inconsistencies visible and gives the sales team an additional basis for pricing decisions. Historical sales data also shows customers’ past buying behaviour. Successful sales teams use churn prediction software.
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