NUMERATOR ANNOUNCES 200,000 PANEL WITH NEW TRANSPARENCY STANDARD

CHICAGO, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Numerator, a data and tech company serving the market research space, today announced its Total Commerce Panel will expand to 200K U.S. households in April 2025. This represents a doubling of Numeratorโ€™s panel in two years from 100,000 to 200,000. Numerator is also introducing increased visibility into quality standards given the proliferation of panel data in the market.ย 

โ€œNumerator is uniquely focused on single-sourced consumer panel data while other providers are offering multiple panels, often conflating metrics across data sets which can be misleading,โ€ said Kelly Dotson, President, Numerator. โ€œWe recognize an opportunity to help the industry move beyond the โ€˜black box formulationโ€™ era and provide a leading level of visibility to support industry-wide clarity.โ€

Numeratorโ€™s commitment to bringing a new level of transparency to panel standards and quality includes:

  • Consecutive Monthly & Highest Participation Standards
    • On average, each of the 200K panelists submits 30+ trips per month and has at least 12 consecutive months of longitudinal history -- providing a clearer understanding of switching behaviors, loyalty, seasonal behavior and more.
    • Numeratorโ€™s Total Commerce Panelโ€™s minimum participation standard is two trips per month for 12 consecutive months, while the industry standard is one trip per month for 10 out of 12 months.ย 
  • Retailer Diversity Requirement
    • The expanded Numerator Total Commerce panel is expected to sustain an average retailer diversity of 55+ retailers shopped annually per household.
    • Numeratorโ€™s Total Commerce Panelโ€™s minimum retailer diversity is 5 per year.
  • Census Alignment
    • Numerator organically attracts consumers to its app to avoid professional market research respondents. Static panelists are selected based on their alignment to 35+ U.S. Census demographic attributes.
    • Numerator has panelists submitting information from ~90% of all U.S. residential zip codes.
  • Panelist Coverage Standard
    • Numerator maintains significant overage (about double) of panelists that qualify for its static standards.
    • This healthy coverage allows Numerator to quickly adjust the panelist composition to meet market changes or turnover, ensuring it remains representative.
  • Digital Collection Diversity & Engagement
    • Numerator offers direct digital collection for over 45 national and regional retailers โ€“ 9x more than other consumer apps.
    • Over 86% of Numerator panelists share data via permissioned digital access. Over a third of the Numerator panel is already sharing via four or more digital pathways.
  • Omnichannel Item-Level Coverage
    • Numerator has a diversified approach to collecting item-level attributes that works with or without a UPC (universal product code).
    • This unlocks item-level insights across all channels including Food-Mass-Drug Stores, Dollar Stores, Club Stores, online purchasing, Convenience Stores and more.
  • Year-over-Year Reporting Available at Scale
    • The 200,000 panel expansion will be retroactive into 2023 to ensure year-over-year analysis at 200K households.
    • Numeratorโ€™s prior expansion to 150,000 panelists allows trending back to 2019 for pre-COVID alignment at the 150K household scale.

โ€œOur first priority is to maintain a representative panel that captures natural consumer behavior without influencing purchase decisions,โ€ said Patrick Rice, SVP of Data, Numerator. โ€œOur user-friendly app makes it easy for panelists to share all of their purchasing, creating a larger, more representative raw data set as the foundation. Demographic representation will continue to be an imperative to keep up with the countryโ€™s evolving landscape.โ€

About Numerator

Numerator is a data and tech company bringing speed and scale to market research. Numerator blends first-party data from over 1 million US households with advanced technology to provide 360-degree consumer understanding for the market research industry that has been slow to change. Headquartered in Chicago, IL, Numerator has 2,000 employees worldwide; 80 of the top 100 CPG brandsโ€™ manufacturers are Numerator clients.


Bob Richter
Numerator
212-802-8588
press@numerator.com

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