HundredX fills in the blanks left by traditional data providers

HundredX helps fill in the blanks left by traditional data providers

In a recent feature, Reuters highlights HundredX’s role in helping investors navigate the holiday season’s winners and losers. The article emphasizes the growing trend of investors and retailers leveraging alternative data to refine their strategies and gain a competitive edge.

It points to HundredX’s partnership with Goldman Sachs to underscore this shift.

HundredX founder and CEO Rob Pace, quoted in the article, says HundredX data reveals that “the sale is not the outcome.” While traditional sources like credit card data may indicate a completed purchase, they often miss the crucial insights into customer sentiment and future shopping intentions—insights that HundredX effectively captures.

For a deeper look into how alternative-data sources are helping investors, check out "Investors mining new data to predict retailers' results" on Reuters.com.

Crowd-Powered Business Advantage

Leveraging the power of The Crowd, HundredX continuously monitors consumer perceptions, providing businesses with essential information to maintain their market position. We tap into real consumer feedback to understand industry trends like fast fashion, as one example. With our extensive coverage of 85+ industries and 3,500+ brands, we analyze the collective opinions of everyday customers to uncover what really matters to them. Moreover, we evaluate how their priorities influence purchasing decisions and attitudes toward businesses. These insights empower business leaders to craft customer-focused strategies and gain a competitive edge in their markets.

Please contact our team to learn more about how HundredX data can augment traditional investing tools.

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Consumer spending muted amid rising prices

November 7, 2024

Consumers are navigating still-high prices with resilience. HundredX analysis, based on millions of pieces of customer feedback from July 2021 through April 2023 across 3,200+ companies, indicates inflation remains persistent, but consumers are cautiously hanging on. New Consumer Price Index (CPI) data shows prices increased 3.4% in April from a year ago, compared to 3.5% in March, which highlights a slight easing in inflation month-to-month. Still, HundredX data shows that consumers still feel negative about prices in general, pointing to inflation’s stickiness and consumer frustrations over the consistently high prices of everyday goods. Generally, we’ve seen that changes to HundredX’s Price favorability index are typically inversely correlated with movement in the CPI levels (i.e., inflation) reported by the US government.