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Lesson: 13 | Opportunity Line Item

Notes
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Notes

In Salesforce, Opportunity Line Item is a child object of the Opportunity object that represents a specific product or service being sold as part of an Opportunity. An Opportunity Line Item includes information such as the product name, quantity, price, and total price. It is used to track the products or services that are being sold, the quantity of each item, and the price that the customer is expected to pay.

Opportunity Line Items are important because they allow sales teams to track the specific products or services being sold as part of an Opportunity. This can help sales reps to better understand the needs of their customers and to tailor their sales pitch to those needs. It also allows sales teams to accurately calculate the total value of an Opportunity and to forecast their sales revenue.

Opportunity Line Items can be created manually by a sales rep or automatically through integrations with other systems such as an e-commerce website. Once an Opportunity Line Item has been created, it can be updated with changes to the product or service being sold, the quantity, or the price. The total price of an Opportunity Line Item is automatically calculated based on the quantity and price.

In summary, Opportunity Line Items are an important part of the sales process in Salesforce. They allow sales teams to track the specific products or services being sold as part of an Opportunity, and to accurately calculate the total value of the Opportunity.

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Lesson: 13 | Opportunity Line Item

Notes

Administrator Course