What is 'demand factor' in SAP CA-RT-PMR - SAP Promotion Management?

demand factor - Overview

• Component: CA-RT-PMR

• Component Name: SAP Promotion Management

• Description: The multiplicative factor of a particular aspect affecting total demand for a retail product.

demand factor - Details

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  Key Concepts: 
  Demand factor is a feature of SAP Promotion Management that allows users to adjust the demand for a product or service based on certain criteria. This feature allows users to adjust the demand for a product or service based on factors such as seasonality, customer preferences, and market trends. The demand factor can be used to adjust the demand for a product or service in order to maximize profits and minimize losses.
  
  How to use it: 
  In order to use the demand factor feature, users must first define the criteria that will be used to adjust the demand for a product or service. This can include factors such as seasonality, customer preferences, and market trends. Once the criteria have been defined, users can then adjust the demand for a product or service by setting the demand factor accordingly. The demand factor can be adjusted manually or automatically depending on the user's preference.
  
  Tips & Tricks: 
  When using the demand factor feature, it is important to keep in mind that it should be used in conjunction with other features of SAP Promotion Management in order to maximize profits and minimize losses. Additionally, it is important to monitor the results of any changes made to the demand factor in order to ensure that they are having the desired effect.
  
  Related Information: 
  For more information about SAP Promotion Management