The importance of sales forecasting in establishing marketing strategies

This paper contains a research aiming at identifying the factors that have a significant influence on the sales of a company. Starting from the literature review, we defined a theoretical model by considering along with the causal variables some factors that could lead to the existence of various...

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Main Author: Cristinel CONSTANTIN
Format: Article
Language:English
Published: Transilvania University Press 2016-07-01
Series:Bulletin of the Transilvania University of Brasov. Series V : Economic Sciences
Subjects:
Online Access:http://webbut.unitbv.ro/Bulletin/Series%20V/2016/BULETIN%20I%20PDF/01_Constantin_C.pdf
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spelling doaj-3ae72841010d480cb7b31ecc03f70e512020-11-24T21:18:47ZengTransilvania University PressBulletin of the Transilvania University of Brasov. Series V : Economic Sciences2065-21942065-21942016-07-019(58)138The importance of sales forecasting in establishing marketing strategies Cristinel CONSTANTINThis paper contains a research aiming at identifying the factors that have a significant influence on the sales of a company. Starting from the literature review, we defined a theoretical model by considering along with the causal variables some factors that could lead to the existence of various outliers (changes in the level of dependent variable and seasonal pulse). Using the Multiple Regression we tested the theoretical model and retained in the analysis only the significant factors, which can help the decision makers to design the marketing strategies according to the sales’ forecast for the next period of time.http://webbut.unitbv.ro/Bulletin/Series%20V/2016/BULETIN%20I%20PDF/01_Constantin_C.pdfmarketing strategiessales forecastingMultiple RegressionDummy variables
collection DOAJ
language English
format Article
sources DOAJ
author Cristinel CONSTANTIN
spellingShingle Cristinel CONSTANTIN
The importance of sales forecasting in establishing marketing strategies
Bulletin of the Transilvania University of Brasov. Series V : Economic Sciences
marketing strategies
sales forecasting
Multiple Regression
Dummy variables
author_facet Cristinel CONSTANTIN
author_sort Cristinel CONSTANTIN
title The importance of sales forecasting in establishing marketing strategies
title_short The importance of sales forecasting in establishing marketing strategies
title_full The importance of sales forecasting in establishing marketing strategies
title_fullStr The importance of sales forecasting in establishing marketing strategies
title_full_unstemmed The importance of sales forecasting in establishing marketing strategies
title_sort importance of sales forecasting in establishing marketing strategies
publisher Transilvania University Press
series Bulletin of the Transilvania University of Brasov. Series V : Economic Sciences
issn 2065-2194
2065-2194
publishDate 2016-07-01
description This paper contains a research aiming at identifying the factors that have a significant influence on the sales of a company. Starting from the literature review, we defined a theoretical model by considering along with the causal variables some factors that could lead to the existence of various outliers (changes in the level of dependent variable and seasonal pulse). Using the Multiple Regression we tested the theoretical model and retained in the analysis only the significant factors, which can help the decision makers to design the marketing strategies according to the sales’ forecast for the next period of time.
topic marketing strategies
sales forecasting
Multiple Regression
Dummy variables
url http://webbut.unitbv.ro/Bulletin/Series%20V/2016/BULETIN%20I%20PDF/01_Constantin_C.pdf
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