Question

Assess how markerters undertakes forcasting and demand measurements

Assess how markerters undertakes forcasting and demand measurements

Homework Answers

Answer #1

Forecasting and demand is done using sophisticated algorithms through Big data analytucs and Artificial intelligence based technologies.

Where data from past is crunched and trends are plotted using predetermined algorithms and thus marketers predict demand. More and more volumes of data from different sources both Qualitative and quantitative lead to accuracy in predictive analytics and help in effective forecasting.

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