First Data SpendTrend provides unique US consumer spending trends for merchants and financial institutions through a suite of proprietary analytical tools.
First Data Advantages
SpendTrend supports better-informed decisions related to forecasting, sales performance benchmarking, regulating inventory levels and tactical deployment of promotions.
Key components
SpendTrend offers a variety of analytical options to meet your specific needs:
- SpendTrend Macro—First Data’s flagship analytics tool—macro-economic indicator provides insight into real US consumer buying behavior at the point-of-sale and tracks same store sales growth data by industry, payment type and geographic region
- SpendTrend Web—Web-enabled format provides faster delivery, 24x7 access, extensive data sets along with interactive querying tool—enables subscribers to filter specific regions, industries or payment types for more granular analysis
- SpendTrend Closed Loop Prepaid Cards—Monthly indicator provides 13 month trend tracking on key prepaid closed loop metrics of activations, redemptions and reloads. Insights in the four major prepaid categories are invaluable for forecasting, sales stimulation or tactical promotions deployment during key retail seasons
