Machine Learning for Business: The Ultimate Artificial Intelligence & Machine Learning for Managers, Team Leaders and Entrepreneurs by Hurst Harrison
Author:Hurst, Harrison [Hurst, Harrison]
Language: eng
Format: epub
Published: 2020-04-01T16:00:00+00:00
Research
Doing the right research is essential to predict the future of your products. There are several methods for researching product trends.
1. Social Media: Always keep an eye on the trends that appear on the social media pages. You will find that some people behave and communicate in a certain way, and they make a decision about some buying options. An example is posting opinions, content or web links all over the FB walls. Some special social groups are created on different platforms that are active followers of the specific product or industry.
2. Product Tracking Software: You must also conduct some current product sales surveys before you can more accurately predict product trends. For example, you can easily find out how ASIN is doing by entering ASIN in the "Trendster". Use the metrics you find along with the insight to develop your understanding of market behavior.
If you went through all of these resources, you would have gathered the information needed to move to the next step.
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