How can I forecast sales for my e-commerce store?
You can use historical sales data, market trends, and seasonality to create a sales forecast.
What tools can I use for this forecasting?
Popular tools include Google Analytics, Excel, and specialized software like Tableau or Forecastly.
How accurate are these forecasts usually?
Accuracy can vary, but with good data and methods, you can achieve 80-90% accuracy.
What factors should I consider in my forecast?
Consider factors like marketing campaigns, economic conditions, and competitor actions.
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