Answer to Question #159261 in Management for Kamal

Question

1.Explain factors affecting sales forecasting?( please give at least 10 factors in detail)

2.Describe marketing and sales forecadting? (please answer in 150 to 200 words )

3.explain the components of sales analysis in marketing research?( please elaborate in points)

4.explain briefly different elements of advertising research ?( Please explain in points )

5.explain the importance of sales promotion research ? (please give at least 7 points of importance )

6.explain importance of sales analysis ? (please give at least 6 points of importance)

7.discuss the factors taken into account during product research?(please give at least 10 factors )

8.differentiate between market potential and sales analysis ?(please give at least 10 points of difference)

Answer 1

The factors that may affect the sales forecasting it determined by the methods of sales that applied in the business namely

Political condition

Budget allocation

Economic conditions

Customer satisfaction

Weather

 Marketing spend

These are the major things to be considered and to ensure an accurate and understanding the shortcomings for forecast also Time and Data is a serious factor that affecting forecasting in business.