New, owned dataset tracks product-level online business sales of 800 global brands
Nasdaq’s Quandl, a dominant elective data supplier, introduced the E-Commerce Intelligence (ECI) dataset, which enables speculators to follow product-level e-commerce transactions on a close to the real-time premise. The specific dataset pursues the everyday exchanges of 800 brands and 500 firms throughout 350 e-retailers in North America and EMEA, catching US$15 billion worth of product sales yearly.
ECI data is accessible every day with a seven-day slack, offering a particular speed advantage over customer sales datasets as of now available on the market. Financial specialists can screen early footing on new products, pursue the whole lifecycle of a product, examine same-store sales and evaluate products against their rivals.
An advancement over e-receipt, Visa card and Mastercard datasets, ECI gives global inclusion, is sourced at the e-commerce store level and is gathered using direct feed. It additionally has a negligible panel bias, which implies the information assortment is wide and differed enough to be illustrative of the overall public. The dataset excludes individual data subject to GDPR or other privacy laws. ECI incorporates brand-level ticker mapping, comprising subsidiaries.
“Inspecting e-commerce data is one of the most instant approaches to decide the achievement or disappointment of a purchaser product,” said Tammer Kamer, CEO of Quandl. “Our group has made meticulous strides to guarantee that the basic traps of other option datasets concentrated on shopper buys are absent in ECI. It is our most recent proprietary, amalgamated, and alpha-creating dataset concentrated on surfacing knowledge that was recently covered up to investors.”