There are four methods to forecast market demand.
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Market Demand Forecast Methods

Forecasting the Market Demand of certain products is obviously important. Though it might be a hassle, it will surely pay to have the correct market demand forecast. Why? This is because the more accurate your forecast is, the better the outcome of your business will be or the better your business plan may be.
There are numerous methods that will help you in forecasting the market demand of a product. Most of these business methods fall under four categories; quantitative, qualitative, time series method and casual methods.
In Market demand Forecast, the Quantitative Method take numbers of product sold in the past to predict how much will be sold in the future. This may seem easy but it isn’t as it will require a lot of thinking and researching to accurately point out a range of numbers where the market demand will fall on. Some examples of quantitative forecasting methods include last period demand, multiplicative seasonal indexes, and simple and weighted moving averages.
Next in line for Market Demand Forecast Methods is Qualitatively Forecasting it. This method revolves around how the customers viewed the product in the past to point out how they will feel about it in the future. Many use this method when there is a lack of data for a quantitative method which basically applies to newly opened business.
On Market Demand Method using Time series, the market demand is gauge using frequency in the frequency domain method and the purchases in regards to time using the Time domain. Lastly, Casual Method gauges the market demand with the underlying possibilities that may affect the sales which include holidays and seasons and even climate or weather.
Market Demand Forecasting helps a business in a lot of ways, that is why it is very important to have an accurate one. Failing to do so may give a huge disadvantage to the business which may result to a great loss or even the fall of your business.