SALES FORCE ESTIMATION METHOD:
The Sales Force Method is a sales forecasting technique that predicts future sales by analyzing the opinions of sales people as a group.
Salespeople continually interact with customers, and from this interaction they usually develop a knack for predicting future sales.
As with the jury of executive opinion method, the resulting forecast normally is a blend of the informed views of the group.
The sales force estimation method is considered very valuable management tool and is commonly used in business and industry throughout the world.
This method can be further improved by providing sales people with sufficient time to forecast and offering incentives for accurate forecasts.
Companies can make their sales people better forecasters, by training them to better interpret their interactions with the customers.