Industry Forecasting

Forecasting Automobile Sales

In the United States (U.S.) an automobile seems to be a household necessity for most families in most parts of the country. In some urban areas of the country an automobile is considered a luxury, because of public transportation.. Although automobile is a necessity for families in most parts of the country, forecasting sales is a difficult task. Forecasting automobile sales in the current economy is extremely difficult mainly because of the uncertainty of the job market and the rising price for gas.

Marketing

When marketing a product, the four most important factors in successful marketing are price, product, promotion and position. The trends in the market will influence each of these four marketing strategies. Trends in the market will change the price of the product, directly correlating to sales. Demands in the market will change the product; suppliers alter their products to meet the...
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