What is deal in SAP CRM-MKT - Marketing?

SAP Term: deal

• Component: CRM-MKT

• Component Name: Marketing

• Description: A means of communicating proposed promotional activities from upper management to those tasked with executing it, such as key account managers KAMs. The deal contains information relating to the account, products, dates, and trade spends that a KAM can use to generate trade promotions.

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• Key Concepts: 
  A deal in SAP CRM-MKT Marketing is a sales opportunity that is tracked and managed throughout the sales process. It is a record of the customer's needs, the proposed solution, and the expected outcome. Deals are used to track progress and ensure that all stakeholders are kept informed of the status of the sale. 
  
  How to use it: 
  In SAP CRM-MKT Marketing, deals can be created and managed in the Deals tab. Here, users can create new deals, assign them to sales reps, and track their progress. Deals can also be linked to other objects such as contacts, accounts, and opportunities. This allows users to easily access related information and keep track of all relevant data. 
  
  Tips & Tricks: 
  When creating a deal in SAP CRM-MKT Marketing, it is important to include as much detail as possible. This will help ensure that all stakeholders have a clear understanding of the customer's needs and the proposed solution. Additionally, it is important to keep track of any changes or updates to the deal so that everyone is kept informed of its progress. 
  
  Related Information: 
  For more information on deals in SAP CRM-MKT Marketing, please refer to the official documentation here: https://help.sap.com/viewer/product/CRM_MKT_MARKETING/7.0/en-US