Sunday, May 16, 2010

Forecasting based on Trendsetters

An attentive shop owner notices those who lead the purchasing patterns of others. The shop owner can purchase and plan based on the buying patterns of these early buyers.

With the data of an online store, a well designed system can track the early buyer. This individual buys early and is an indicator for purchasing trends of other buyers. Tracking this buyer’s patterns can lead to better forecasting of buying patterns for all customers.

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