Question

1. Identify sources of syndicated data that would be useful in forecasting the demand for supplemental health and life insurance.

Answer 1

Sources of syndicated data that would be useful in forecasting the demand for supplemental health and life insurance are advertising evaluation, retailers, media panel, ad agency, and experimental surveys.

Syndicated information is an amassed gathering of item retail deals action over a picked set of parameters. It's frequently contrasted with retail direct information, however, it can possibly follow industry drifts along with any size based on your personal preference.

For instance, retail direct information gives data about a particular item from a specific retailer. Syndicated information looks at item data over all stores, nourishment classes, dispersion channels, or geographic market Syndicated information must be made accessible to CPG brands on account of the endeavors of information syndication organizations. These outsider associations gather exhaustive CPG measurements over a wide scope of retailers and clients, total applicable information focuses, and give access to CPG producers.

Given the huge size of syndicated information prerequisites, few organizations can handle the extent of information accumulation with solid exactness. It requires solid expert associations with retailers overall CPG channels — most eminently Food, Drug, Dollar, Mass Market, Convenience, Club, and Military. These syndicated information suppliers additionally require information from many markets and item classifications.