A sales forecasting template trained on historical data for new product launches. By inputting product specifications, pricing strategies, and pre-launch traffic data, the model outputs a projected sales range for the first month, channel distribution ratios, and inventory turnover recommendations. The deliverable is an Excel tool featuring a pre-built Bass Diffusion Model and a Monte Carlo simulator.
The toolkit also includes a companion template for monitoring competitors’ new products, allowing users to track price trends and shifts in sentiment within customer reviews following a product’s launch. This tool is ideal for product managers at consumer electronics and FMCG companies looking to optimize initial inventory allocation.