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KMK91KMK91 

How opportunity object works in salesforce?

Best Answer chosen by KMK91
Always ThinkinAlways Thinkin
The Opportunity object connects Accounts to Products. Products are organized in Pricebooks and selected as Opportunity Line Items to create a list of items the customer wants to buy. The Opportunity is also related to Forecasts through the Stage and Percentage fields. This helps predict Opportunities that are going to be "Closed Won". Closed Won Opportunities are those that the customer has agreed to buy all the products. 

Many Opportunities can be created for one Account if the customer is interested in different packages of products. For new customers, typically the Opportunity is created when the new customer is converted from a Lead to an Account (and Contact too).

Please explain what further information will help you.

All Answers

Always ThinkinAlways Thinkin
The Opportunity object connects Accounts to Products. Products are organized in Pricebooks and selected as Opportunity Line Items to create a list of items the customer wants to buy. The Opportunity is also related to Forecasts through the Stage and Percentage fields. This helps predict Opportunities that are going to be "Closed Won". Closed Won Opportunities are those that the customer has agreed to buy all the products. 

Many Opportunities can be created for one Account if the customer is interested in different packages of products. For new customers, typically the Opportunity is created when the new customer is converted from a Lead to an Account (and Contact too).

Please explain what further information will help you.
This was selected as the best answer
KMK91KMK91
Thank u Always Thinkin
 
Always ThinkinAlways Thinkin
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Deep_thinkerDeep_thinker
The opportunity object is defined as the pending deal that could be converted to the profits later. Actually it is considered as optional because - someone is associated with your business but there is no intention of selling them anything at that particular time span. Later, you decided to target the same customers that were left behind earlier.
Brij LalBrij Lal
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Gary RalstonGary Ralston
Hello KMK91,

Opportunities, an object in Salesforce, is where your sales team manage their deals and store information about a deal that is still ongoing. It stores all relevant information about an active deal, such as the closing date, potential customer's name, acquisition date, activities performed, amount to be paid and many more. Also, the Opportunity object plays a crucial role in linking Accounts to Products in Salesforce.​​​​​​

To know more about the Opportunity object in Salesforce, read the article at https://arrify.com/ultimate-guide-on-opportunity-in-salesforce/. This article offers a complete understanding of opportunities.