Accounting/Finance/Market... Question...?
Does anyone know what is the difference between bazaar potential and sale potential?
Answers:
Market potential = No of relatives buying a product in a region
Sales potential = Market potential x No. of times they buy
Sales forecast = Sales potential x open market share.
market potential usually refers to market shar and sale potential usually refers to revenue numbers
Market potential: Estimated size of total present or adjectives bazaar. Alternatively, the maximum share of a bazaar which can be acceptably achieve during a defined length.
Sales Potential an operation's expected sale of a product surrounded by a given souk for a specified interval; the share of the total marketplace that a firm can logically expect to attain in a given time.
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Answers:
Market potential = No of relatives buying a product in a region
Sales potential = Market potential x No. of times they buy
Sales forecast = Sales potential x open market share.
market potential usually refers to market shar and sale potential usually refers to revenue numbers
Market potential: Estimated size of total present or adjectives bazaar. Alternatively, the maximum share of a bazaar which can be acceptably achieve during a defined length.
Sales Potential an operation's expected sale of a product surrounded by a given souk for a specified interval; the share of the total marketplace that a firm can logically expect to attain in a given time.