June 13, 2022

Forecasting Offer

Incoming messages from Professionals on Twitter are centered around interrelated issues (and it is interesting that this is happening on Twitter - it means this is something younger professionals in e-commerce are running into):

  • We have too much inventory.
  • We may have forecasted sales improperly.
  • We increased prices, significantly, and customer response is declining.
  • New customer counts are in free-fall, is this due to the COVID bump or inflation or something else?
  • What does Christmas look like, as a consequence?
So, let's create a mini-project, as we've done so often in the past. Send me five years of purchase transactions and for $7,000 I'll forecast the rest of the year and next year as well. We'll see where you are headed and see what kind of "downside" there is if things get worse.

Contact me now (kevinh@minethatdata.com) ... I'll take four (4) projects at this price. Get in line now. Project work will begin on July 1.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Upsets

On Saturday night, long after most of you went to bed, New Mexico scored what would become a game-winning touchdown with twenty-one seconds ...