MindMap Gallery The purpose of market forecasting
This is a mind map about the purpose of market forecasting. It tells stories about the purpose of market forecasting. If you are interested in the story about the purpose of market forecasting, you are welcome to collect and like this mind map~
Edited at 2021-10-01 17:08:26This Valentine's Day brand marketing handbook provides businesses with five practical models, covering everything from creating offline experiences to driving online engagement. Whether you're a shopping mall, restaurant, or online brand, you'll find a suitable strategy: each model includes clear objectives and industry-specific guidelines, helping brands transform traffic into real sales and lasting emotional connections during this romantic season.
This Valentine's Day map illustrates love through 30 romantic possibilities, from the vintage charm of "handwritten love letters" to the urban landscape of "rooftop sunsets," from the tactile experience of a "pottery workshop" to the leisurely moments of "wine tasting at a vineyard"—offering a unique sense of occasion for every couple. Whether it's cozy, experiential, or luxurious, love always finds the most fitting expression. May you all find the perfect atmosphere for your love story.
The ice hockey schedule for the Milano Cortina 2026 Winter Olympics, featuring preliminary rounds, quarterfinals, and medal matches for both men's and women's tournaments from February 5–22. All game times are listed in Eastern Standard Time (EST).
This Valentine's Day brand marketing handbook provides businesses with five practical models, covering everything from creating offline experiences to driving online engagement. Whether you're a shopping mall, restaurant, or online brand, you'll find a suitable strategy: each model includes clear objectives and industry-specific guidelines, helping brands transform traffic into real sales and lasting emotional connections during this romantic season.
This Valentine's Day map illustrates love through 30 romantic possibilities, from the vintage charm of "handwritten love letters" to the urban landscape of "rooftop sunsets," from the tactile experience of a "pottery workshop" to the leisurely moments of "wine tasting at a vineyard"—offering a unique sense of occasion for every couple. Whether it's cozy, experiential, or luxurious, love always finds the most fitting expression. May you all find the perfect atmosphere for your love story.
The ice hockey schedule for the Milano Cortina 2026 Winter Olympics, featuring preliminary rounds, quarterfinals, and medal matches for both men's and women's tournaments from February 5–22. All game times are listed in Eastern Standard Time (EST).
The purpose of market forecasting
Observe historical data
Analyze the market situation in the past few years, including data on sales, supply and demand, etc.
Study the causes and influencing factors of past market fluctuations
Examine current market conditions
Research current market demand and supply conditions
Understand the current economic environment and policies
Predict future market trends
Analyze the possibility of future trends based on historical data and current conditions
Use statistical analysis and model building to predict the future direction of the market
Assist decision making
Provide decision-making basis
Provide market forecast results to decision makers and provide reference and basis for their decision-making
Help decision makers better understand market conditions and trends
Determine strategic direction
Determine strategic directions such as product development, marketing and sales strategies based on market forecast results
Make corresponding adjustments to market changes to adapt to the competitive environment
Optimize resource allocation
Based on market forecast results, rationally allocate resources and improve resource utilization efficiency
Avoid resource waste and overinvestment, and reduce risks and costs
Discover business opportunities and competitive advantages
Discover potential market opportunities
Based on the results of market forecast, discover potential markets and product needs
Seize market gaps and emerging areas to find new business opportunities
Analyze the competition
Analyze competitors’ strategies and market shares based on market forecast results
Explore the strengths and weaknesses of competitors and find your own competitive advantages
Develop a differentiation strategy
Develop differentiated product and brand strategies based on market forecast results
Create differentiated competitive advantages with competitors through featured and personalized products
Assess investment risk and return
Determine return on investment
Evaluate the expected rate of return of each investment project based on market forecast results
Choose projects with higher return potential for investment
Analyze market risks
Analyze risk factors and potential uncertainties existing in the market based on market forecast results
Assess the impact of market fluctuations on investment projects
Optimize investment portfolio
Optimize the allocation ratio and objects of the investment portfolio based on market forecast results
Reduce investment risks and improve the stability and sustainability of returns