Syndicated Services “Standardized Solutions”

Types of Secondary data  External Data *Syndicated Sources *Published Sources *Database Sources  Internal Data

SYNDICATED DATA …a form of external, secondary data that is supplied from a common database to subscribers for a service fee. Such information is typically detailed information that is valuable to firms in a given industry and is generally not available in libraries.

Syndicated Suppliers Systematically collect data, expecting there to be demand for the information. Different clients are charged different prices to clients on schedules developed through “trial and error.” Just low enough to discourage a client from attempting it themselves. May produce published reports for sale to periodicals, libraries, and other subscribers.

Advantages of Syndicated Data Shared Costs High Quality Current Information Reliable Service

Potential Disadvantages  Must Evaluate it for Appropriateness  Commitment Cost  Availability to Competitors

Major Areas of Standardized Defining Market Segments – Information on Members of the Business to Business (B2B) Market – Information on Members of the Consumer Market Conducting Market Tracking – Retail Level Tracking – Household Level Tracking – Wholesale Level Tracking Monitoring Media Usage and Promotion Effectiveness – Television – Radio – Print – Multimedia

Defining Market Segments – Providing Information on Members of the Industrial Market (Dun and Bradstreet) – Providing Information on Members of the Consumer Market (Claritas)

Defining Industrial Market Segments Dun and Bradstreet – Dun and Bradstreet (D&B) Million Dollar Directory® Series – – Alphabetically; cross referenced geographically and by industry classification. Evaluating Financial Credit Customer Targeting for Promotions Managing Supplier Relationships

“Make Informed Business Decisions” “For your company to minimize risk and maximize revenue, checking a customer or prospect's financial position is an essential business practice. Staying informed of any changes in a customer's status is the only way to make the most informed business decisions. “

“Deliver Your Sales and Marketing Messages to the Right Prospects” “D&B's Marketing Services can help you understand your customer base and find more prospects who are likely to buy your products and services. From lists and labels, to corporate family linkage identification, to sophisticated online database marketing services, D&B offers solutions that you can use to improve your sales and marketing efforts.”

Market SpectrumTM - Web Database “D&B Market Spectrum is a Web-based service that enables you to conduct virtually unlimited database marketing activities using D&B's global marketing database of more than 17 million companies.”

Defining Market Segments Consumer Markets – PRIZM TM is a geodemographic segmentation system licensed by Claritas, a leading provider of demographics for marketing and media. “You are where you live.” – Links with hundreds of databases - including your customer files - and may be applied to any geography - such as your expansion markets. – Links it to geography, demographics and hundreds of marketing and media databases.

Prizm Clusters Segments/Default.jsp Segments/Default.jsp If you choose to work with Zips, look up the names of the top following your sort (descending).

Conducting Market Tracking Retail Tracking – ScanTrack (A.C. Nielsen) – InfoScan (Information Resources Inc.-IRI) Retail scanning provides accurate measurement of product movement linked to store types and locations.

Retail Measurement “The cornerstone of ACNielsen's business, Retail Measurement Services is the industry standard for quality data on product movement, market share, distribution, price and other market-sensitive information in more than 80 countries across six continents.”

SINGLE SOURCE DATA Single source data is recorded continuously from a panel of respondents to measure their exposure to promotional materials (usually TV as well as in-store promotions) and subsequent buying behavior.

Information Resources, Inc. (IRI) BehaviorScan® TV Advertising Testing - CPG Brands m

Components of Single Source Databases Panel of households Media viewing Uniform Product Code (UPC) Check-out Scanners Computer Technology

Monitoring Media Usage and Promotion Effectiveness Television: ACNielsen – Radio: Arbitron – Print effectiveness: NOP World – l/ l/ –

Syndicated Sources Strengths Cost advantages Speed advantages Provides a complete assessment of the market

Conducting Market Tracking Consumer Panels – Homescan (A.C. Nielsen) – InfoScan Combined Outlet Consumer Panel (IRI) In-home consumer panels with scanners link consumer demographics with store and purchasing.

POS (scan) data tells you what sells in a retailer’s stores -- Homescan consumer panel data tells you who buys what in the stores and what they buy elsewhere A group of households selected to be demographically and geographically representative Continually providing information about their purchases From all outlets using in-home scanners Understanding your customers’ preferences allows you to tailor merchandising and operations to better meet customer needs

Homescan collects more than just demographic information allowing you to understand more about customer lifestyles Female/male head of household – Age – Employment – Occupation – Education Other household members – Age – Relationship to panel member – Employed for pay Household income Race Hispanic descent Cable TV Type of residence Own/rent residence Length of residence Pet ownership (dog/cat and number owned) Vehicle ownership (car/truck and number owned) Appliance ownership

Homescan’s allows you to look at your business globally and locally 61,500 households Geographically dispersed Demographically balanced Projected to U.S. Census at the national, regional, and market level Estimates are updated monthly to reflect changes in the Buffalo/Rochester Boston Charlotte Chicago Columbus Denver Houston Los Angeles Miami Minneapolis New York Phoenix Detroit Sacramento St. Louis Seattle Tampa Dallas Atlanta Baltimore/Wash. San Antonio Philadelphia San Francisco

Pacific Mountain West South Central West North Central East North Central New England Mid- Atlantic South Atlantic East South Central 9 U.S. Census Divisions

CONSUMER*FACTS How do consumers purchase a brand or a category? CHANNEL*FACTS How do consumers shop and buy the category in a particular retailer? CROSS OUTLET* What categories are Wal-Mart’s shoppers buying elsewhere? ACCOUNT SHOPPER PROFILER What do Wal-Mart’s shoppers look like? Which opportunities do core vs occasional shoppers hold? Which brands match with their important customers? Homescan syndicated databases