sales-opportunities

Vocabulary Word

Definition

'Sales opportunities' is a business term for potential sales or deals. Any lead or customer who may be interested in buying your product or service is a sales opportunity.

Examples in Different Contexts

In sales pipeline management, 'sales opportunities' are the qualified leads that have been identified as having a higher probability of becoming customers. A sales manager might state, 'Our focus is on moving sales opportunities through the pipeline efficiently to maximize conversion.'

Practice Scenarios

Business

Scenario:

Our sales team needs to focus on companies that haven't digitalized operations. There might be a ripe market for our software.

Response:

I agree, focusing on companies that need to digitalize their operations could give us a variety of sales opportunities.

Marketing

Scenario:

Our online ads have been gaining a lot of attention. We should be prepared to engage with potential customers.

Response:

Yes, capitalizing on the buzz from our online ads and converting them into sales opportunities should be our next move.