Top 3 Challenges in Demand Forecasting, and How Analytics Solves Them (2022)
Retalon
FEBRUARY 15, 2022
Price elasticity of demand, meaning the effect that a set price will have on demand, is an important consideration when setting prices, running promotions, or markdowns. Customer experience. Consider just a few things that change from year to year: Changes in product mix Channels and locations open, close, or move.
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