Adopting and adapting techniques for forecasting revenues
Often, the best results come from combining techniques to handle both data reduction and prediction. Two key factors matter most: accuracy & reliability (sometimes referred to as sensitivity & specificity). When these are done well, management and investors can have more confidence in the business’s sales projections and strategic plans—especially when forecasting demand for budgets, capital and internal investment.
- Basic Sales Forecasting Methods
- Sales Forecasting over time with a seasonal component
- Sales of new product in a new market
- The Bass Diffusion Model (New Product Adoption Rate)
- Sales Forecasting in a Volatile market
- Sales Forecasting in a Turbulent market
The example below is for illustration purposes only (Forecasting quarterly sales with a seasonal component).

