7. Sales Planning 7
Types of Data Available
Requirements of the Software
Experience of the Company
8. Sales Planning 8
Criteria for Effective Forecasting
Accuracy
Plausibility
Durability
Flexibility
Availability of Statistical Indexes
Organizational Participation
Demand patterns in the Market for the Product
9. Sales Planning 9
Difficulties Associated with Forecasting
Lack of Adequate Sales History
Lack of Time, Money and Qualified Personnel
Changing Customer Attitude
Fashions and Fads