Revenue Operations GTM Glossary

What is Opportunity?

A qualified prospect who has entered the formal sales process and represents a potential deal.

TL;DR

A qualified prospect who has entered the formal sales process and represents a potential deal.

Full Definition

An Opportunity is a formally qualified prospect that has been accepted into the sales pipeline as a potential deal. Unlike leads or MQLs which exist pre-qualification, an opportunity represents a specific company, contact, and deal that is being actively worked by an Account Executive. Opportunities track estimated deal value, expected close date, current stage, and key stakeholders — the core data the CRM uses for forecasting. Deal hygiene, including keeping opportunity data current and moving deals appropriately between stages, is fundamental to accurate pipeline management.

FAQs

Opportunity: Common Questions

What is Opportunity in B2B sales?

An Opportunity is a formally qualified prospect that has been accepted into the sales pipeline as a potential deal. Unlike leads or MQLs which exist pre-qualification, an opportunity represents a specific company, contact, and deal that is being actively worked by an Account Executive. Opportunities track estimated deal value, expected close date, current stage, and key stakeholders — the core data the CRM uses for forecasting. Deal hygiene, including keeping opportunity data current and moving deals appropriately between stages, is fundamental to accurate pipeline management.

Why does Opportunity matter for revenue teams?

Opportunity is a critical concept for any B2B revenue team because it directly impacts pipeline predictability and revenue growth. Without a clear understanding of Opportunity, teams often make decisions based on incomplete information or misaligned frameworks — leading to poor forecasting, wasted outreach effort, and missed quota. DevCommX incorporates Opportunity thinking into every Revenue Operations engagement we run.

How does Opportunity relate to GTM Engineering?

Opportunity is closely connected to Pipeline and SQL (Sales Qualified Lead), and several other core GTM concepts. In the context of GTM Engineering, Opportunity typically informs how revenue systems are designed, what data is tracked, and how performance is measured. Modern GTM Engineers treat Opportunity as a quantifiable lever — not just a concept — building automation and reporting that makes it visible and actionable.

Related Terms

Understanding Opportunity is more powerful when combined with these related concepts:

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