This is information gathered that includes demand for goods and services comprising of the unit sold and the value of the amount that was sold. If you as an investor, you are looking for a lucrative but risky market, this is the place that you need to go. This is because they offer information the information necessary to venture in the kind you want. However, there are very many data vendors around the world. These vendors present information to investors, establishment among other interested parties collected from different sources such as the stock exchange market. The following are classifications of types of the market of data vendors according to the line of concentration.
A different vendor at intrinio.com is classified according to the kind of data they deal with. As earlier indicated, there are various sources of information for this suppliers. This, therefore, creates a difference in the type of information they provide. For example, there are those that deal with stock and bonds currencies among others. There are those that sell pricing data which is sold separately from all other connected data like valuation information and reference Data.
Marketing data vendors. This is the type of financial data api vendors who deal in line with providing information about marketing and the forecasted changes in the commercialization styles. This kind of suppliers is approached by companies that want to boost their sales. They deal with information of what approach in marketing to be used by the business to receive a maximum return in the end. They deal in metrics like how to acquire a customer, customer lifetime value, brand awareness among others.
Competitive intelligence data vendors. This is market data suppliers who deal with information about the business competitors and product or service offered. This is very helpful to business that is suffering as a result of competition. They sell data to the company on how the business will be able to apply a strategy that will help them out do the competitors. They help the business to forecast expected future changes. Check out http://en.wikipedia.org/wiki/Foreign_exchange_market to learn more about stock market.
Preference and interest data vendors. This is a category of a supplier that deal will information about what the company is to produces or changes to make to meet the needs and the requirements of the customers. They advise the business on the changes that the clients may want in a product in the future to ensure that the customer’s taste and preference are met.