Demand Metric

Demand metric refers to the measurement and analysis of consumer interest and demand for a product or service. It helps businesses understand how much of a particular item people want, how that demand changes over time, and what factors influence it. By tracking demand metrics, companies can make informed decisions about production, marketing, and sales strategies, ensuring they meet customer needs effectively. This information is essential for maintaining inventory levels, forecasting future sales, and optimizing pricing to maximize revenue and customer satisfaction.