How to estimate future demand of a product

  1. Observing the current market trends
  2. Through a survey of buyers
  3. Obtaining expert opinion e.g. dealers, distributors who already have information
  4. By interviewing the sales representatives since they have direct contact with consumers
  5. By analyzing the technological trends
  6. By conducting an industry focused chain and this in order projecting the future trend of a given industry
  7. By conducting a market survey
  8. Through sales forecasting

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