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In this video tutorial, the speaker addresses new business owners seeking to evaluate their business idea and predict sales. They will guide viewers through three steps for sales forecasting. The speaker, Feeble Lame, emphasizes the importance of subscribing for weekly content. The first step involves researching the industry average conversion rate, which varies by sector. For instance, a typical conversion rate might be 2%, meaning that 2 out of every 100 viewers of a sales video become buyers. The tutorial promises more detailed strategies in the subsequent steps.