Opportunity Type

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Overview

Opportunity Type — Business Overview

Opportunity Type is a simple but important setup document used in Dafater to classify and organize sales opportunities based on their nature or source. It helps businesses clearly understand what kind of opportunity they are dealing with before committing time, effort, and resources.


What Opportunity Type Is Used for

In daily business operations, Opportunity Type allows organizations to: - Categorize sales opportunities in a meaningful way (for example: New Business, Existing Customer, Renewal, Upsell, Referral, etc.) - Standardize how sales teams describe and analyze opportunities - Improve reporting and decision-making by grouping opportunities under consistent categories

Although it contains only one field, Opportunity Type plays a strategic role in structuring the sales pipeline.


Prerequisites and Setup Requirements

Before using Opportunity Type effectively, the business should: - Define the common types of sales opportunities relevant to its sales strategy - Agree internally on clear naming and definitions for each Opportunity Type - Ensure sales leadership aligns on how each type should be handled and prioritized

This setup is usually done once and reviewed periodically as the business evolves.


Typical Workflow and Business Fit

  1. Setup Phase
    Business or sales managers create a list of Opportunity Types that reflect how opportunities arise in the organization.

  2. Opportunity Creation
    When a sales opportunity is created, the user selects the appropriate Opportunity Type.

  3. Sales Management & Analysis
    Managers use Opportunity Type to:

    • Compare performance across different opportunity categories
    • Identify which types convert faster or generate higher value
    • Adjust sales strategies based on opportunity mix
  4. Reporting & Planning
    Opportunity Type supports better forecasting and planning by showing where growth is coming from.


Key Business Scenarios Where Opportunity Type Is Essential


Important Considerations for Users


In summary, Opportunity Type is a foundational classification tool in Dafater that brings structure, clarity, and insight to the sales opportunity process, enabling better decisions and more effective sales management.

Basic Information

Fields

Field Name Label Type Required Options Description
description Description Small Text - Detailed explanation of opportunity type for Dafater sales classification

Permissions

Role Read Write Create Delete Submit Cancel
Sales Manager
System Manager
Sales User
DocType Relationship Module
Opportunity Linked from CRM