Quizzes & Puzzles1 min ago
Projected sales
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Can anyone tell me how I would calculate (guess at) projected sales for a new product?
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Ah! good question cos this can determinates if the product or service" you" are offering is long term viable and profitable.
* look at the long term prospect too.
* look at the population change and demands,trends.
* most of all, tetchnology.
*Trends, seasonal,cyclinalor random and patterns.
most of businesses are not surviving because their ideas are there most of the time but the lack of survey and marketing are not taking seriously.
you have to understand what is a projective sale!
Look at the long term product distribution, possibly up to 2 to 5 years first,if it is a new business . how many are you able to distributate, where, is it seasonnal, trend, random, cyclinal?
And of course the retail value of the product , with this to give you a gross profit margin.
*
* look at the long term prospect too.
* look at the population change and demands,trends.
* most of all, tetchnology.
*Trends, seasonal,cyclinalor random and patterns.
most of businesses are not surviving because their ideas are there most of the time but the lack of survey and marketing are not taking seriously.
you have to understand what is a projective sale!
Look at the long term product distribution, possibly up to 2 to 5 years first,if it is a new business . how many are you able to distributate, where, is it seasonnal, trend, random, cyclinal?
And of course the retail value of the product , with this to give you a gross profit margin.
*
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