Remove Comparison Shopping Remove Payment Services Remove Promotions Remove Retail Marketing
article thumbnail

How to Forecast Demand in Retail (2020)

Retalon

Forecasting is a statistical process that uses existing data to predict future performance. That’s because many retailers start with the wrong question when attempting to forecast: “How much do I need to sell?”. Demand forecasting is, as mentioned above, the process that generates forecasts of customer demand.