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Marketing approach to forecasting of regional market consumption potential


Affiliations
1 Orel State Institute of Economics and Trade, Orel, Russian Federation
 

Consumption potential is one of the key elements of the investment climate in the region. It determines the amount of effective demand in the region and is the basis for the manufacturers’ assortment policy formation. The article represents the results of the study of the consumption potential as a fundamental element of the investment climate in the region. The models reflecting the dependence of the quantity demanded for the commodity lines on the main factor indices have been developed as results. Practical implementation of the formed models consists in forecasting the region's needs for basic food products.

Keywords

Consumer Demand, Consumption Potential, Forecast, Market, Region
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  • Marketing approach to forecasting of regional market consumption potential

Abstract Views: 170  |  PDF Views: 0

Authors

Yuliya Pavlovna Soboleva
Orel State Institute of Economics and Trade, Orel, Russian Federation
Inna Grigorievna Parshutina
Orel State Institute of Economics and Trade, Orel, Russian Federation

Abstract


Consumption potential is one of the key elements of the investment climate in the region. It determines the amount of effective demand in the region and is the basis for the manufacturers’ assortment policy formation. The article represents the results of the study of the consumption potential as a fundamental element of the investment climate in the region. The models reflecting the dependence of the quantity demanded for the commodity lines on the main factor indices have been developed as results. Practical implementation of the formed models consists in forecasting the region's needs for basic food products.

Keywords


Consumer Demand, Consumption Potential, Forecast, Market, Region



DOI: https://doi.org/10.17485/ijst%2F2015%2Fv8iS10%2F123475