Forecasting- predict future sales based on historical information
about previous marketing and sales activities.
Input data: historical data about marketing budget, number of ads, special offers and other factors affecting sales.
Marketing- reduce costs by targeting a particular marketing campaign
to the group of people which have the highest response rate. Avoid wasting money
on unlikely targets.
Input data: information about customers and their response rate.
Usage Forecasting- forecast the number of service calls, customer
transactions, customer arrivals, reservations or restaurant covers (patrons) in
order to effectively schedule enough staff to handle the workload.
Input data: season, day-of-week, hour of the day, special events in the city/area, marketing budget, promotional events, weather, etc.
Margins Forecasting- forecast the behavior of margins in the future
to determine the effects of price changes at one level on returns at the other.
Input data: retail prices, expenditures at the retail level, marketing costs, past margin values, price variability and other market characteristics.
See Also: Neural Network Software Index & Forecaster & Neuro Intelligence Or, All Software
Instant Download and Money Back Guarantee on Most Software
Excel Trader Package Technical Analysis in Excel With $139.00 of FREE software!
Microsoft ® and Microsoft Excel ® are registered trademarks of Microsoft Corporation. OzGrid is in no way associated with Microsoft
GIVE YOURSELF OR YOUR COMPANY 24/7 MICROSOFT EXCEL SUPPORT & QUESTIONS