Category Development Index Calculator
Introduction
Calculating the CDI (Category Development Index) is crucial for businesses aiming to understand the performance of a product category in a specific market compared to its overall sales. To simplify this process, we will create a user-friendly CDI calculator using HTML and JavaScript. Follow the guidelines to seamlessly integrate the calculator into your webpage.
How to Use
- Input the actual sales of a product category in the designated field.
- Enter the expected or target sales of the same category in another field.
- Click the “Calculate” button to obtain the CDI.
Formula
The CDI is calculated using the following formula:
���=(Actual Sales in the MarketExpected Sales in the Market)×100CDI=(Expected Sales in the MarketActual Sales in the Market)×100
Example Solve
Suppose the actual sales are $50,000, and the expected sales are $75,000.
���=(50,00075,000)×100=66.67%CDI=(75,00050,000)×100=66.67%
Introduction
Calculating the CDI (Category Development Index) is crucial for businesses aiming to understand the performance of a product category in a specific market compared to its overall sales. To simplify this process, we will create a user-friendly CDI calculator. Follow the guidelines to seamlessly integrate the calculator into your webpage.
How to Use
- Input the actual sales of a product category in the designated field.
- Enter the expected or target sales of the same category in another field.
- Click the “Calculate” button to obtain the CDI.
Formula
The CDI is calculated using the following formula:
Example Solve
Suppose the actual sales are $50,000, and the expected sales are $75,000.
FAQ’s
Q1: What is CDI?
A1: CDI stands for Category Development Index, a metric used to evaluate a product category’s performance in a specific market.
Q2: How is CDI calculated?
Q3: Can I leave the input fields empty?
A3: No, both actual and expected sales fields must be filled for accurate CDI calculation.
Q4: Why is CDI important for businesses?
A4: CDI helps businesses assess the effectiveness of their product categories in different markets.
Conclusion
Integrating a CDI calculator into your website provides a quick and efficient way to evaluate category development. This tool aids businesses in making informed decisions to optimize their product strategies.