Browse by:

More Intuitive Bass Model Parametes Designed for Managers and Forecast Publishers

 More Intuitive Parameter Options The usual Bass Model parameters are the potential market M, the innovation parameter p and the imitation parameter q. The potential market M is easy to understand as the ultimate number of adopters that will adopt the product. The number chosen for M may require much discussion, but at least management…

What Is the Bass Model that Is Used by the Forecast Joy App?

In a Nutshell The Bass Model is the most widely cited and applied new-product diffusion model.  It has been used to forecast the diffusion and sales of many types of new products (including services) and technologies.  The Bass Model was developed and published by Professor Frank M. Bass. What Do I Have to Do with the Bass Model?…

Wearable Smart Glove Annual Shipments Will Pass 300 Million Units in 2100

Samsung Launches the Wearable Smart-Glove Category Today, Samsung and HTC showed the first wearable smart gloves.   forecastjoy.com is forecasting that wearable smart-glove annual shipments will pass 300 million units in 2100 and will be commonplace in homes and business around the world. However, because new software apps will be required to make use of these products,…

Wearable Computing Unit Sales Will Decline 20% in 2015. Really?

This Wearable Computing Forecast Makes a Common Mistake Why do professional forecasters do it?  Are they lazy or just ignorant?  I don’t know, but here is how it goes. Consider the forecast published recently by Business Insider in the article The ‘Internet Of Things’ Will Be Bigger Than The Smartphone, Tablet, And PC Markets Combined.  The BI  graph…

Announcing a New Gadget for Exploring Product Life Cycle, Penetration and Sales Forecast Curves with the Bass Model

 A New Gadget Is Born Change the Bass Model parameters M, p and q to explore.  Use the sliders to watch the curves change. How I Built this Gadget To make this little jewel, I used Microsoft Visual Studio 2013 to create a Silverlight gadget, which is hosted in this blog page.  The Silverlight gadget…