Chap 5, forecasting demand
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Transcript of Chap 5, forecasting demand
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Prepared by
PROF. RAJESH KUMAR(MBA IMT, GBD,SIX-SIGMA BLACK BELT CERTIFIED)
Prof. of IMT-CDL(DIMS)IP UNIV
(Ex. HOD-MARKETING,BSD)E:[email protected]
P:9810275444www.marketingandbrandingguru.com
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The Measures of Market Demand
PotentialMarket
PenetratedMarket
TargetMarket
AvailableMarket
Demand Measurement
MARKET BASED DEMAND• Market demand• Market forecast• Market potentialCOMPANY BASED DEMAND• Company demand• Company sales forecast• Company sales potential
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Product Penetration Percentage
Market Demand:
Market Demand:
Market demand of the product is the total volume that would be bought by defined customer group in a defined geographical area in a defined marketing environment
Market Demand:
Market Forecast:
• Market Forecast:
At one level the demand of marketing actually occur. The marketing demand correspondence to this level is known as Market Forecast
Market Forecast:
Market Potential:
• Market Potential:
Market potential is the limit approached by the market demand. As we understand that the market potential is unlimited.
Market Potential:.
.Organization
Market
Company Demand:
• Company Demand:
This demand is estimated by the actual share of company in the market. It is estimated by the analysis of product, services, price, and communication in comparison with the competitors.
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Company Demand:
Company Sale Forecast:
Company Sale Forecast:
Within the define Company Demand, now company used to forecast the sale. It is the estimated sale of the product that one company try to sale in on season.
Company Sale Forecast:
Company Sales Potential:
Company Sales Potential:
It is the sales limit approached by the company demand.
Company Sales Potential: