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Winning Back the Impulse Spending Mojo

Retail TouchPoints

Our research found that Amazon Prime members are not habitual impulse buyers when online shopping — yet they turn to impulse buying when they make trips to physical stores. Prime members impulse purchase 30% more at department stores than non-Prime members, our study showed.

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How Coronavirus (COVID-19) Is Impacting Ecommerce [August 2021]

ROI Revolution

Total retail sales were up 11% year-over-year this June, a 10.4% Jewelry, lodging, and department stores saw the biggest yearly sales growth compared to the other sectors measured in Mastercard’s SpendingPulse Report. When it comes to large retailers and department stores, 58.2% increase over 2019.

eCommerce 197
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How Coronavirus (COVID-19) Is Impacting Ecommerce [March 2021]

ROI Revolution

With consumers more concerned about their discretionary spending, the online resale apparel market is projected to double by 2024 ( Statista ). Social media advertising stats + trends in the face of COVID-19. US adult social media users spent 7 more minutes per day on social media in 2020 than 2019 – total of 82 minutes.

eCommerce 195
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Will Prime Day’s Rising Tide Lift All Boats, Or Swamp Them?

RTP blog

For retailers, though, I do see Prime day as an opportunity to take advantage of the attention around the event. based family business built by social media guru Gary Vaynerchuk) sent out a recent email promo that stated: July 16th is Amazon Prime Day. July 10th and 11th is Wine Library’s Library Pass 2 Day Event!

Events 150
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How Coronavirus (COVID-19) Is Impacting Ecommerce [July 2021]

ROI Revolution

month-over-month in April while department stores saw 68.2% Social media has also proved itself as an extremely viable channel for ecommerce brands – especially for impulse purchases. In fact, 7 6% of Instagram users have made an impulse buy on social media simply due to ease of purchase. sales growth.

eCommerce 148
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How Coronavirus (COVID-19) Is Impacting Ecommerce [June 2021]

ROI Revolution

Social media has also proved itself as an extremely viable channel for ecommerce brands – especially for impulse purchases. In fact, 7 6% of Instagram users have made an impulse buy on social media simply due to ease of purchase. Online grocery sales are projected to have jumped 53% in 2020 to reach $89.22

eCommerce 158
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How Coronavirus (COVID-19) Is Impacting Ecommerce [December 2021]

ROI Revolution

Retail sales as a whole still saw significant yearly growth on Black Friday according to data from Mastercard SpendingPulse. In-store sales were up nearly 43% over Black Friday 2020, with department stores up 86.4%. Total retail sales were up 11% year-over-year this June, a 10.4% increase over 2019. sales growth.

eCommerce 148