|Bookshelf Home | Contents | Index | PDF|
When you, as a sales representative, accept a lead, you can begin to work on the lead in the Opportunities screen. The records in the Opportunities list include both leads and opportunities. Leads are defined as opportunities that have not yet been qualified.
A sales method is a formalized approach or methodology used during the sales process. A sales method can encompass all activities associated with the sales process, from prospecting to forecasting to closing deals. This approach allows sales representatives to use the method most appropriate for their opportunities.
The application administrator establishes values in your Siebel application that represent the sales methods and sales stages for your company. It is a recommended business practice to designate a default sales method in your Siebel application. This practice allows a sales method to be associated with each opportunity and aids in charting and reporting accuracy.
Sales methods can differ within a company. For instance, a sales method for managing a complex multimillion dollar opportunity might include 15 stages, while a sales method for a simple low-dollar opportunity might require only four stages.
Your application administrator creates and implements the sales stages that your company uses. For more information about creating or implementing sales methods, see Defining a Sales Methodology.
Table 83 shows sales methodologies (Accelerated, Default, Standard), and the associated sales stage for each methodology (for example, 01 - Prospecting). The table also shows if the record is a lead or is an opportunity at each sales stage.
NOTE: The Portfolio Management Process sales methodology does not focus on opportunities and so is not present in Table 83.
|Siebel Applications Administration Guide||Copyright © 2013, Oracle and/or its affiliates. All rights reserved. Legal Notices.|