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The Eaton Center in Toronto, Canada during the holiday season The holiday season 2024 and how it’s shaping up While many shoppers are ready to open up their wallets for the holiday season – savings are top of mind in 2024 and the most important retail season of the year is no exception. from 2023’s numbers.
Social has evolved into consumers’ favorite holiday marketing resource: a one-stop destination for discovering gifts, finding the latest deals and seeking customer service. A significant 42% of shoppers are turning to social to find the perfect gift more this year compared to 2023.
Advertisers in the US will invest over $350 billion this holiday season, bringing customers in-store for the most important retail period of the year. While shoppers are still looking to save, they are also expected to spend the same amount as in 2023. Savvy shoppers will be on the lookout for good deals.
Retailers over-email their customers, with frequency being both the top reason for unsubscribes and a major driver of unopened emails. Younger demographics are more likely to delete after briefly skimming the preview text — 26% of Millennials and 28% of Gen Z. This trend is even more pronounced among younger shoppers.
Unwrapping This Season’s Shopper Spending Plans ” points to a robust upcoming fourth quarter for retailers overall with 76% of shoppers planning to maintain or increase gift purchases this holiday season. Coveo’s “ Gift or Grinch? Of these respondents, 20% say this is an increase to their typical online grocery shopping routine.
Shein is one of the largest fast-fashion retailers worldwide, shipping to customers in over 150 markets. Known for its relatively low-priced apparel and wide variety, Shein became one of the most popular shopping destinations among Gen Z and millennial consumers across the world. In 2023, shoppers worldwide downloaded Shein 261.94
The brand integrated its entire product catalog into its account and created Pinterest Shopping ads to encourage customers to checkout. Affirm Affirm is a buy now, pay later service shoppers use to buy products from their favorite brands online.
The previous year proved difficult for retailers, with low consumer confidence and increasing cost of living tightening shoppers’ purse strings. This number was higher for millennial respondents, where three-quarters said they considered sustainability when making purchase decisions. A recent survey from McKinsey & Co.
Social media platforms are portals to deep, meaningful engagement with customers. For marketers looking to meet customers where they are , social media cant be overlooked. Customer service on social media We dont know what shape TikTok will take in the U.S., as the date for a likely ban approaches.
A majority of online beauty shoppers will wait for lower prices and risk items going out of stock, a new study from D2C ecommerce company ESW finds. But there is also a sizeable number of “super shoppers” who will pay full price to get exclusive items. The majority of online beauty shoppers are looking for bargains, the study found.
“The 18- to 34-year-old cohort, specifically, has grown up with digital and mobile, and they not only value innovation in customer experiences that address their needs, they demand it.”. For example, more than half of online shoppers across age groups said they expect to receive an emailed receipt following a purchase.
According to the Q1 2024 Sprout Pulse Survey, Gen Z is most likely to use social to discover new products, keep up with the news and seek customer care from brands. According to The 2023 Sprout Social Index, Gen Z are impulsive social shoppers. Like Millennials, Gen X value originality in branded social media content.
Or that 73% of customers expect companies to understand their unique needs and expectations – a 7-point rise in just two years? Creating personalized experiences based on collected customer data, also known as first-party data, is an increasingly critical part of retail data strategy. Make the holidays happier for shoppers.
Follow the data to get insights about what consumers want Despite the chaos, the customer journey still involves specific moments that matter most, like when consumers have a problem they need help solving. Dig deeper: The new blueprint for customer experience: Always on, always listening 2.
More Control D2C brands handle every stage of the buyer’s journey , which means they have total control over how things are done and the customer experience. It also enables them to provide a better customer experience through personalization. For brands, this means longer-term repeat business and even referrals to new customers.
If you have happy customers, you can even ask them to review your business on Facebook so prospects researching you can see how you've pleased your customers in the past. Once you create a business page, you can begin to share posts about your products and offerings.
In recent years, artificial intelligence has significantly enhanced the capabilities of various technologies in the retail sector, improving the way businesses interact with their customers. As part of these systems, AI allows businesses to anticipate and respond to customers’ needs before explicitly expressing them.
Given that young people are Australias most active social shoppers, TikTok is an ideal platform for brands to connect with and sell to these users. Further, the 2024 Social Media Content Strategy Report reveals that 73% of Millennials have TikTok accounts. Half of global TikTok tech shoppers are open to buying directly through TikTok.
Millennials (survey respondents ages 24-39). From active brand conversations to personalised shopping experiences, Gen Z shoppers know what they want. Consequently, they gravitate towards brands who use their data responsibly to create convenient and immersive customer experiences. The full scoop on Millennials and social media.
The future of marketing and business will be more diverse, inclusive, and connected to real customer needs. Generation Z Will Influence Marketing More than Millennials. The marketing industry has been obsessed with Millennials for the past two decades. The first millennials are now approaching their 40 th birthday.
Key Takeaways Facebook remains the top choice for businesses, offering extensive advertising tools, customer engagement options, and effective community-building through groups. For businesses, it’s a goldmine of opportunities, offering essential tools for customer service, advertising, and community engagement.
It’s not about being Gen Z or Millennial anymore—it’s about how technology and global events like the pandemic have rewired all of us.” Today’s shoppers demand seamless transitions between their online and in-store experiences. From Uber to curbside pickup, customers now expect speed and convenience in every interaction. “If
Research from Sprout’s How to Reach Digital Natives report found that both Gen Z and Millennials want to see brands make more use of Instagram. It’s the top social network among Gen Z audiences and the third most popular among Millennials. Loop in your customer care team. Will Instagram Drops work for my brand?
One industry that recently got on my radar was the casino world and how those marketers have an extreme upper-hand when creating long-term customer relationships. Customers who come back not only deliver more lifetime value , but they give the brand a boost by sharing that affinity with others. What Is Casino Marketing? Be generous.
Email automation takes tedious tasks off of your team’s plate and frees up valuable time for mission-critical activities, like answering customer questions and improving your product. Email automations increase the relevancy of your messaging, which then contributes to a more personalized customer experience. Click-through rate.
Downtown Pet Supply, an Illinois-based company that makes its own products and sells them both online and in their store, wanted to improve its e-commerce sales and expand customer reach. However, shoppers also appreciate being able to find a larger selection and compare prices more easily than in brick-and-mortar stores.
Here, we'll explore the shopping trends of 2022 to ensure you're able to meet customers where and when they'd prefer to shop. When it comes to millennials and Gen X, retail stores and searching the internet are two popular options for discovering new products. Plus, we'll uncover the shopping differences between generations.
Googles internal data demonstrates that brands should deploy YouTube across the customer journey. Trends impacting ROI in 2025 These trends make one thing clear: Social delivers marketing ROI when it functions as a product education, customer support and community channel all at once. The competition isn’t even close.
Why should you customize ads for a Generation X target market? Your customers are individuals, but they also belong to a group based on what year they were born. Generation X has often been ignored as marketers instead targeted the larger baby boomer and millennial generations. What is Unique About Generation X?
If you are still focused on millennials, it’s time to start paying attention to a new generation of consumers. Here are five ways to attract and keep Gen Z customers. Gen Z customers value one thing above all else: flexibility. Trust matters to Gen Z shoppers. Research Gen Z Culture.
Even 65% of marketers think that their executives see the value of creator marketingunderscoring just how valuable its become in the customer journey. For younger shoppers, its abundantly clear that influencer marketing is a full-funnel activationnot just an awareness play.
In other words, social media is the next frontier of e-commerce, and DMs are the future of customer service. In July, Instagram revealed that the app will let shoppers place and track orders directly in their DMs. 1 in 4 people age 18-24 have used social media DMs for customer service in the past three months.
Rather than employ the spray and pray method, identifying which social media platforms a brand’s customers use is a more effective way to connect with one’s target audience. For brands looking to increase their reach and grow their business, there’s a good chance their next customer is on Facebook. Key Stats: Over 2.1 Hey, Rachel.
Shoppers coming into your store know you, trust you, and are more likely to purchase from you. Fewer shoppers are out about when the weather’s bad or the heat’s too intense. You’ve got customers coming into your store every day. According to the stats : Sixty-nine percent of millennials have FOMO.
If you’re looking for higher-spending millennials, for example, try Pinterest. Pinterest recognized that their 2020 surge in active users was likely down to shoppers staying home. Still, the millennial generation remains the platform’s median age. There’s a near-even split between Generation X, Gen Z, and Millennials.
YouGov ) Some groups are more comfortable with the metaverse than others: 40% of Gen Zers and 40% of millennials, would be interested in shopping for real or virtual products in metaverse environments that brands create. Obsess ) Nearly 75% of Gen Z shoppers have purchased a digital item within a video game.
Moreover, these Pinterest shoppers invest in what they’re passionate about. 50% of millennials use Pinterest every month. One out of every two millennials use Pinterest every month. Even when your customers are walking around stores in-person, they’re still looking for help on Pinterest. million followers.
Meeting the expectations of so many new customers is no small feat. Delight your customers and improve conversion rates. Customers expect deals and promotions from their favorite retailers. In 2021, US shoppers spent $9.03 This will help customers discover your products when searching and ease the user experience.
34% of shoppers would look at dipping into their savings, and 1 in 3 would consider starting a side hustle to offset the costs. Dig deeper: How Shake Shack measures experience and activates customer insights This is why most companies will be marketing around price.
At INBOUND 2016, HubSpot shared Facebook Live interviews with speakers so our followers who couldn’t join us in Boston still had the opportunity to learn from the experts: Brands can also use live video for customer service by hosting Q&A sessions and product demonstrations. Another idea? Product demonstration videos on social media.
Having a pulse on what young customers want not only opens you up to new business but also ensures that you aren’t missing out on key social media trends. Marketing to younger customers has historically been tricky. Younger customers want to do something when they land on your posts. With that, let’s dive in! Translation?
But my “problem” is really the product of Amazon’s secret sauce and why they’ve been able to retain me (an admittedly extremely fickle shopper) as a loyal customer. What goes into this “secret sauce” of customer retention ? But customer retention goes past simply staying top-of-mind.
It’s up to brands to move to social to find new customers. In terms of customer care, more people turn to social than phone or email support when they have a problem or issue with a product or service. To handle the influx of incoming messages, some businesses like Amazon created separate social customer support channels.
Statista , 2023) The global conversion rate of online shoppers is 1.9%. Statista , 2023) Free delivery is the main reason 45% of shoppers head online. Statista , 2023) Consumer Behavior and Demographic Ecommerce Statistics 19% of consumers have reached out to customer service via DMs in the past 3 months, up 45% from 2022.
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