Comparison of demand analysis approaches in auction sales and marketing management: The Case of Çerkeş Forest Enterprise

Research areas of the study is Çerkeş Forest Enterprise. In the study, demand of logs of third class normal length (3SNB) Austrian pine, Scotch pine, and fir logs included in the 13 sales by auction conducted between 2017 (May) and 2018 (June) were investigated. The main aim of the research is to ca...

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Main Authors: Kenan Ok, Güven Kaya
Format: Article
Language:English
Published: Isparta University of Applied Sciences Faculty of Forestry 2023-06-01
Series:Turkish Journal of Forestry
Subjects:
Online Access:https://dergipark.org.tr/tr/download/article-file/3089176
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author Kenan Ok
Güven Kaya
author_facet Kenan Ok
Güven Kaya
author_sort Kenan Ok
collection DOAJ
description Research areas of the study is Çerkeş Forest Enterprise. In the study, demand of logs of third class normal length (3SNB) Austrian pine, Scotch pine, and fir logs included in the 13 sales by auction conducted between 2017 (May) and 2018 (June) were investigated. The main aim of the research is to calculate the demand functions of the products examined, to compare the functions regarding characteristics of statistic and economic by using two different approaches defined as “total sales volume” and “total offer level” and the data sets produced from the same sales. Secondary aim of the study is to discuss the possibilities of using the appropriate demand functions for improving the marketing programs. Multiple correlation and multiple linear regression analysis were used in the research. As a result, it has been determined that multiple correlation and regression analyzes based on the data produced with the total offer levels approach can produce the log demand equations for Austrian pine, Scotch pine, and fir with a higher statistical confidence level and that the equations can reflect the economic rules more accurately. Negative cross elasticities calculated from demand equations generated for the Çerkeş Forest Enterprise show that the fir logs and Austrian pine logs are the complementary goods. Positive values of cross elasticities prove that Austrian pine - Scotch pine logs and fir - Scotch pine logs are substitute goods in the Çerkeş.
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spelling doaj.art-b3529f13707f43a1941b60c405a10b012023-08-01T19:47:57ZengIsparta University of Applied Sciences Faculty of ForestryTurkish Journal of Forestry2149-38982023-06-012429911010.18182/tjf.12844151656Comparison of demand analysis approaches in auction sales and marketing management: The Case of Çerkeş Forest EnterpriseKenan Ok0Güven Kaya1İSTANBUL ÜNİVERSİTESİ-CERRAHPAŞA, ORMAN FAKÜLTESİMarmara Ormancılık Araştırma Enstitüsü MüdürlüğüResearch areas of the study is Çerkeş Forest Enterprise. In the study, demand of logs of third class normal length (3SNB) Austrian pine, Scotch pine, and fir logs included in the 13 sales by auction conducted between 2017 (May) and 2018 (June) were investigated. The main aim of the research is to calculate the demand functions of the products examined, to compare the functions regarding characteristics of statistic and economic by using two different approaches defined as “total sales volume” and “total offer level” and the data sets produced from the same sales. Secondary aim of the study is to discuss the possibilities of using the appropriate demand functions for improving the marketing programs. Multiple correlation and multiple linear regression analysis were used in the research. As a result, it has been determined that multiple correlation and regression analyzes based on the data produced with the total offer levels approach can produce the log demand equations for Austrian pine, Scotch pine, and fir with a higher statistical confidence level and that the equations can reflect the economic rules more accurately. Negative cross elasticities calculated from demand equations generated for the Çerkeş Forest Enterprise show that the fir logs and Austrian pine logs are the complementary goods. Positive values of cross elasticities prove that Austrian pine - Scotch pine logs and fir - Scotch pine logs are substitute goods in the Çerkeş.https://dergipark.org.tr/tr/download/article-file/3089176aggregate demandbidlogelasticitycomplementary goodssubstitute goodstoplam talepfiyat teklifitomrukelastikiyettamamlayıcı mali̇kame mal
spellingShingle Kenan Ok
Güven Kaya
Comparison of demand analysis approaches in auction sales and marketing management: The Case of Çerkeş Forest Enterprise
Turkish Journal of Forestry
aggregate demand
bid
log
elasticity
complementary goods
substitute goods
toplam talep
fiyat teklifi
tomruk
elastikiyet
tamamlayıcı mal
i̇kame mal
title Comparison of demand analysis approaches in auction sales and marketing management: The Case of Çerkeş Forest Enterprise
title_full Comparison of demand analysis approaches in auction sales and marketing management: The Case of Çerkeş Forest Enterprise
title_fullStr Comparison of demand analysis approaches in auction sales and marketing management: The Case of Çerkeş Forest Enterprise
title_full_unstemmed Comparison of demand analysis approaches in auction sales and marketing management: The Case of Çerkeş Forest Enterprise
title_short Comparison of demand analysis approaches in auction sales and marketing management: The Case of Çerkeş Forest Enterprise
title_sort comparison of demand analysis approaches in auction sales and marketing management the case of cerkes forest enterprise
topic aggregate demand
bid
log
elasticity
complementary goods
substitute goods
toplam talep
fiyat teklifi
tomruk
elastikiyet
tamamlayıcı mal
i̇kame mal
url https://dergipark.org.tr/tr/download/article-file/3089176
work_keys_str_mv AT kenanok comparisonofdemandanalysisapproachesinauctionsalesandmarketingmanagementthecaseofcerkesforestenterprise
AT guvenkaya comparisonofdemandanalysisapproachesinauctionsalesandmarketingmanagementthecaseofcerkesforestenterprise