#Past #Sales (Historical Method)Personal judgment of sales forecasting can be beneficially supplemented with statistical and quantitative methods. Past sales are a reasonable basis; on this basis, future sales can be formulated and forecasted.According to Kirkpatrick, today's sales activity flows into tomorrow's sales activities; last year's sales extend into this year's sales. This approach is adding or deducting a set of percentages to the sales of the previous year(s). For new industries and

We will discuss these methods in the following: The Jury Method, Salesforce Opinion, #Test #Marketing #Result, Consumers' Buying Plan, & #Market #Factor #Analysis.The Survey of Experts Opinion, Econometric Model Building, Past Sales (Historical method), & #Statistical #Methods, the Delphi Method, End of Use Method, Market Share Method, Substitution Method, Market Test, & Market Survey Method.#Jury of #Executive #Opinion: This method of sales forecasting is the oldest. One or more of

#Build #RelationshipsYou can build relationships over time rather than asking for a sale upfront. More than 44% of internet users use social networks to research brands. Part of that discovery is getting to know who you are as a brand and what you stand for.When people engage with your organic content or ads, it's a great idea to engage them. This process helps to build trust and form a loyal following. Then, as fans share and like your content, you rise in the social algorithms and gain new, f

#Creating #New #Processes. How? #DMADV (Define—Measure—Analyze—Design—Verify)The application of these methods is aimed at creating a high-quality product that focuses on customer requirements at every stage:#Define: Identify the wants and needs most important to customers.#Measure: All processes required for success are assigned metrics for later evaluation.#Analyze: The result of the manufacturing process (finished product or service) is tested by internal teams to crea

Persistence and Tenacity! Drive required to succeed and work on your plan!Write a business, marketing, and social media strategy plan!Pick your business name, get your EIN from the IRS, and then pick your business type, Sole Proprietor, LLC, Inc, or S-Corp. Research those in your home state at the Division of Corporations. Remember, with picking sole proprietor, you take on all liability, that's why you use a corporation type above as a shield. Money, SBA, alternative business loans, use person