Technology has transformed our lives in many ways—most notably, the way people shop. Back then, there were not that many options when it comes to the process of purchasing. You must go to a store, ask for more information, check for the lowest prices, and then make the decision. Nowadays, with help from a smartphone and a good internet connection, you can do all of these steps and more within the comfort of your home, or just about anywhere else.
The retail industry is in a constant state of evolution. But is it evolving fast enough? Overall, retail footfall is decreasing year-on-year with no signs of picking up any time soon. With physical retail, stores now need to position themselves differently, offering something valuable that consumers cannot get online. 2019 will demand this.
Started as an American tradition, Black Friday has made its way through the majority of the western markets and the Internet. Online shopping has increased its revenue in the past 5 years, and Black Friday has adapted to the new customers’ preferences. The webstore of a company during Black Friday has to be as flawless as possible. A delay or malfunction of even one second can reduce the conversion rate by 7%.
Black Friday is the biggest shopping bonanza and comes a day after the Thanksgiving. It first started in America and now becoming more popular in the UK year by year. In fact, Black Friday is regarded as Biggest Shopping Day in the UK and most of the festive shoppers begin their some serious Christmas Shopping from this day.
Black Friday is an informal name for the day following Thanksgiving Day in the United States, the fourth Thursday of November, which has been regarded as the beginning of the country’s Christmas shopping season, although the term Black Friday. In this infographic, Multichoice Insurance Services provides some tips on how to make the most out of Black Friday.
Previous generations look at Millennials and see that they have bad spending habits but the truth is that Millennials are dealt a bad hand with rising living costs and wages that aren’t keeping up. This infographic by Savebly provides some Millennials spending statistics and reveals how Millennials choose to spend their money.
With the modern digital world constantly evolving, the way in which the majority of us shop has been directly impacted. From the increased convenience and options of online shopping, to the impressive selection of subscription boxes now available; it’s clear to see how shopping has changed over the years. This infographic outlines the main ways in which shopping has changed over the years
Black Friday is getting bigger and bigger each year – and despite numbers seemingly shrinking in department stores across the globe, the increased dominance of e-commerce and mobile shopping shows up in these stunning numbers behind the world’s favorite shopping day. In the following infographic, AppInstitute looks at some statistics behind the biggest shopping day in the world.
This infographic, courtesy of the folks at Elastic Path, shows how Millennials are driving some dramatic changes in how shopping is done. It’s good to note that Millennials currently account for 50% of the world’s retail spending.
Whether you’re just clearing out your closet or trying to make a living, selling clothing online is not an easy task. Sure, people online make it look effortless, but the truth is: there is a lot that happens behind-the-scenes to make it successful. The team at CashNetUSA found everything you need to know about selling clothes online, and put together a step-by-step visual guide to second-hand selling on Poshmark.
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