Measured at a base value of 100, the Consumer Confidence Index takes consumers’ expectations and sentiments about their financial futures into account to indicate household consumption and saving patterns in the future. Read more in visual capitalist The Global Decline…
Although eco-consumerism is clearly on the rise, PwC’s most recent survey reveals that some consumer segments haven’t fully embraced sustainable shopping: 44% of survey respondents say they have no opinion about or disagree with three or more statements about shopping…
The ability for our smartphones to function as a supercomputer has begun to facilitate unlimited business possibilities. Think about the location services of a smartphone for a moment. How often do you consider what goes into the functionality and reliability…
Three developments in the global environment are particularly significant in favoring ecosystem strategies: the fact that customers are increasingly demanding solutions and experiences rather than products, the rising knowledge content of many products and business activities, and new opportunities being…
Many researchers tell us that one-on-one interviews are superior to focus groups. That is, even a few conventional one-on-one interviews yield essentially the same data as several focus groups. Additionally, there is now a lot of evidence that personal interviews…
Average daily traffic to Walmart’s online grocery site reached 1.1 million between March 1 and March 20, according to SimilarWeb—a 55% increase on average daily visitor numbers during the previous two months. Read more in Zdnet Online grocery shopping numbers…
By studying the habits of 2,000 UK adults, our research revealed that 53% of shoppers are now more likely to use their phone for online shopping than any other device. Strikingly, this figure was only at 22% in the same…
When Toyota introduced the Prius, the first mass-produced hybrid car, the initial consumer buzz put the car’s future in some jeopardy. The design looked odd to consumers. The public and auto critics panned its unique features and user interface. But…
Trying before you buy has become a major part of our shopping experiences. It’s one of the reasons that the store exists. But it’s also one of the big challenges for ecommerce as once a product has been bought online…
Unemployment is seen as related to the choice that workers make between working and leisure. And entrepreneurship is seen as a result of such individualized choices rather than of the productive system surrounding entrepreneurs – or, to put it another…
