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:9810275444 www.marketingandbrandingguru.com

description

This slide will give complete view of company & market demand & forecast

Transcript of Chap 5, forecasting demand

Page 1: 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

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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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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

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Market Demand:

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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

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Market Forecast:

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Market Potential:

• Market Potential:

Market potential is the limit approached by the market demand. As we understand that the market potential is unlimited.

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Market Potential:.

.Organization

Market

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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:

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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.

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Company Sale Forecast:

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Company Sales Potential:

Company Sales Potential:

It is the sales limit approached by the company demand.

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Company Sales Potential: