Question
How are marketing data and economic data transformed into trends and insights for merchandising teams? Select all that apply. a) Marketing market size and forecast
How are marketing data and economic data transformed into trends and insights for merchandising teams? Select all that apply.
a) Marketing market size and forecast data provide information on expected total US retail sales and forecast and informs merchandising in many areas including product forecasting
b)Economic factors provide information on consumers financial health, employment picture and consumer confidence levels and informs merchandising about disposable personal income levels
c)Population dynamics provide information on generational size and informs merchandising decisions on sales channels
d) Marketing consumer survey data provide information on consumer needs and preferences
e)Sales data provides product sales performance information for seasonal merchandise strategy and tracking budgeted volume and profit goals
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