Sales Forecast
Sales Forecast IntroGetting an accurate Sales Forecast is one of the toughest things in a company. Getting it right has lots of implications - and we all know the implications of missing the forecast... Big companies like HP, Pfizer, Siemens & General Electric have been successfully using prediction markets to performing sales forecast. So join their success, and improve your forecasts today using information that is just sitting there and waiting - your employees collective wisdom... |
Executive Summary
Getting an accurate Sales Forecast is one of the toughest things in a company.
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The Qmarkets Advantage
Qmarkets allows you to easily harness the power of prediction markets for predicting sales volume.- Extract your sales-force collective-wisdom
- Ongoing risk management - get a warning before it is too late
- Get your sales-force committed to their forecast
Sales Forecast Demo
Click here to see a fully working demo of our sales forecasting software.
How Does It Work?
Qmarkets allows you to effectively extract the knowledge that your employees have, to get a more accurate forecast than you do today.So, instead of running endless statistical formulas on your past data, prediction markets rely on the 'free market' notion to give you better forecasting capabilities.
In addition, prediction markets offer a continuous forecast (over time) - and not just a one time snapshot at the beginning of the year/quarter.
This will provide your management with risk management capabilities - to give you a warning before you miss your forecast, and while you still can correct it.
Can You Really Predict The Future?
Prediction Markets are not a crystal ball... Generally speaking, I would beware of anyone who offers you a forecasting system that is always 100% accurate...However, prediction markets are much better than all the existing methods in predicting sales, and will offer you more accurate results using a simpler and less expensive means.
Many companies have reported that using prediction markets improved their forecasting from a 5-8% error rate, to an amazing 2-4% error rate!
No one can promise you a forecasting tool that is always right, but - improving your forecast significantly has tremendous value for any company.
Need help in getting started?
Read our Resources section to see how other big companies are using these markets, read the latest Gartner recommendation for IT managers and much more.Open an account today with a few easy steps, and start harnessing the power of Qmarkets for your corporate environment.
If you need help, or are not sure whether this method fits your company - Contact Us, and we will be happy to assist.
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