===== What are wild ass guess (WAG) techniques for revenue prediction? ===== Wild ass guesses (WAG) are really not techniques per se. They are, well, just wild ass guesses. They: * Ask you to estimate how many units you will sell (or customers you will have) each month (or year). * Educated third parties will not believe WAGs. However, a WAG may be all you have when you create your first financial plan. I highly recommend that you replace the WAG with something more reasonable before you show your financial plan to anybody else! Many WAG approaches exist; for example: * Predict number of units sold per month (or year) * Predict number of customers you will have per month (or year) * Predict how much revenue you will generate per month (or year) – the WAGgiest of the WAGs. Contrast these with bottom-up and top-down techniques for the same purpose. **Related Questions:** **[[faqs:sales:what-are-top-down|What are top-down techniques?]]** **[[faqs:sales:what-are-bottom-up|What are bottom-up techniques?]]** {{keywords>sales model, WAG, revenue prediction, sales forecast, revenue forecast}}