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What is Estimated Forecasting Profit

Managerial Challenges and Social Impacts of Virtual and Augmented Reality
A projection of how much money you will bring in by selling products or services and how much profit you will make from these sales.
Published in Chapter:
Smart Store Base Grocery: Facilitating Future Forecasting Profit
Amit Roy (NOVA University of Lisbon, Portugal & Instituto Universitário de Lisboa (ISCTE-IUL), Portugal)
DOI: 10.4018/978-1-7998-2874-7.ch016
Abstract
Marketing Intelligence is a new topic in marketing with scarce work published. Physical store base grocery is not transmitted digitally. In terms of reason the profit is lower in Portugal or other countries where the app is not available. Therefore, grocery store owners are less engaged with customers. Store owners are losing business interest and, finally, many stores have shut down. The information can emerge from several bases to analyze different kinds of e-commerce roles to show how e-commerce brings more profit and how physical store base grocery transmits digitally to engage customers and increase profit. The chapter uses different types of tools for effective decision making. Software marketing makes vital tactical decisions to exploit profits and success of the business. As a result, the chapter offers a digital model of smart store base Grocery app to engage customers and store owners in one platform for service of excellence, as well as facilitating future forecasting profit.
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