Brightwork Explorer How to Access Forecast Promotion Management
… What are Promotions?
The following are the generally agreed-upon categories of promotions:
Customer Promotions: The most common type of promotion is directed at customers and what people typically think about when they think of a promotion.
Sales Promotions: These are promotions directed by the producer to a supply chain partner.
Trade Promotions: Promotions directed towards a retailer or wholesaler are referred to as trade promotions.
About Promotions Management
Generally, promotional forecasting is not a significant focus of forecasting books, forecasting classes, or statistical forecasting. However, promotions can be a potent influence on demand and a significant factor in reducing …