Consumers are growing increasingly frustrated with the in-store shopping experience that offers little of the convenience of online counterparts, with four in ten claiming shopping in-store is a chore and a third (32%) saying they would rather be at home…
Category: Shopping & Spending
6 in 10 Say It’s Important to Buy From Socially Responsible Companies
Roughly two-thirds (64%) of American adults admit to having made purchases from socially responsible companies in the past year, according to an annual survey from Good.Must.Grow. The survey also indicates that roughly one-quarter (26%) have avoided making a purchase…
Americans Spent $28 Billion on Gift Cards for Others, $11 Billion on Gift Cards For Themselves
The winter holidays are over, but America’s retail sector has likely only begun to see the full influx of shoppers wielding gift cards given to them as Christmas presents or for some other special occasion during 2016 (or 2015, or…
Retail Sales Expected to Rise 3.7% This Holiday Season
Retailers have their work cut out for them during the 2015 winter holiday season. In 2014, retailers experienced one of the strongest holiday seasons in recent years, according to a report by Mintel International provided by MarketResearch.com. And this year,…
Americans Anticipate Going $140 Over Budget for Holiday Gifts
Sixty-two percent of Americans who set a holiday budget go over their limit by an average of $140, marking a 20% increase from what people estimated they would overspend last year, according to a new holiday shopping survey released by…
Cyber Monday Surpasses $3 Billion in Total Digital Sales to Rank as Heaviest U.S. Online Spending Day in History
For the holiday season-to-date, $27.9 billion has been spent online, marking a 6% increase versus the corresponding days last year, according to comScore. Cyber Monday reached $2.28 billion in desktop online spending, up 12% versus year ago, representing the heaviest…
Black Friday is Better Online
Consumers will spend a record $630.5 billion during the 2015 shopping season, the National Retail Federation predicts. Nearly half of these people will either browse or buy online, spending $105 billion and using multiple devices in the process, including desktops,…
8 Key Trends Shaping the U.S. Co-Branded Credit Card Market
Nearly 43% of U.S. adult consumers own at least one co-branded or affinity credit card, according to market research publisher Packaged Facts. By year-end 2014, co-branded credit cards alone generated 31% of general purpose credit card purchase volume, or $809…
Top Stated Reasons For Abandoning A Mobile Transaction
A majority (56%) of U.S. smartphone owning adults have abandoned a mobile transaction, according to Jumio, though this figure is down from 66% in a similar survey conducted in 2013. Among those who have abandoned a mobile transaction, purchase uncertainty…
Which Digital Tools Impact Online Shoppers?
Retailer sites, printable coupons, and retailer emails are the most commonly used digital tools by online shoppers, but they don’t yield the greatest impact on shoppers’ journeys. That’s the conclusion of a new study by Epsilon, which found the digital…