Forecasting Methods for Marketing:* Review of Empirical Research
J. Scott Armstrong (),
R. Brodie and
S. McIntyre Additional contact information R. Brodie: University of Canterbury
S. McIntyre: Santa Clara University
Abstract:
This paper reviews the empirical research on forecasting in marketing. In addition, it presents results from some small scale surveys. We offer a framework for discussing forecasts in the area of marketing, and then review the literature in light of that framework. Particular emphasis is given to a pragmatic interpretation of the literature and findings. Suggestions are made on what research is needed.