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Glossary / Lexicon

What are news sources?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
News sources are sources that provide news, information and reports about events. They can be categorized into print, online, and broadcast media. Examples of print media include newspapers, magazines, and trade journals. Examples of online media include websites, blogs, social media platforms, and podcasts. Examples of broadcast media include television, radio, and live streaming.
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What is Ecommerce?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
E-commerce (also e-business or electronic commerce) is the exchange of products, services and information by means of the Internet. This includes online stores, online auctions and other forms of so-called electronic commerce. The term e-commerce is also used to describe all types of business activities that are directly or indirectly related to the sale and marketing of goods or services.
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What is coverage?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Reporting is a general term for the publication of information, usually by a news agency or medium such as a newspaper, magazine, radio, television station, or website. Coverage can be local, regional, national or international and can cover news, sports, entertainment, business, weather, events and more.
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What is an online store?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
An online store is a web store where customers can buy goods and services over the Internet. This type of store is usually operated through a website that offers an assortment of products or services in a very similar way to a traditional store. Online stores offer a convenient way for consumers to purchase goods without leaving their homes. Most online stores also offer the ability to pay for products by credit card or other electronic payment methods.
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What is trend monitoring / tracking?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Trend monitoring/tracking is a method that allows companies to track and analyze the development and behavior of trends over time. It is widely used in advertising, marketing, and other fields where trend data is an important part of decision making. It allows companies to make important decisions about advertising, products, and services by keeping track of current trends.
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