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Unveiling the Secrets Behind Pricing Strategies in Consumer Electronics

Wiser

The report highlights how Best Buy stands out as the retailer with the best deals – in-store and online – when comparing 15 key consumer electronics products. They are most often the cheapest in-store retailer; while, Walmart tends to be the cheapest online retailer.

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Banner Black Friday Sales Bode Well for Holiday Season

Retail TouchPoints

retail sales (excluding automotive) up 3.4% on Black Friday according to Mastercard SpendingPulse , which measures in-store and online retail sales across all payment types. Online sales saw an even bigger bump, with Adobe Analytics reporting a new milestone for ecommerce on Black Friday as consumers spent a record $10.8

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How Consumer Electronics Brands Can Reduce Holiday Shopping Returns

ESW

trillion in online retail sales in 2022, yet roughly $212 billion worth of products — more than 16% of sales — were sent back in the form of online returns. Unfortunately, electronics rates are not exempt from the increasing return rates — and the return blitz of the 2023 holiday season is just around the corner.

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How Online Retail Can Maximize Google Search In Uncertain Times

Retail TouchPoints

The uncertainty created by COVID-19 and the gradually loosening lockdowns mean it’s harder than ever for online retailers to know how and where to focus their energies when it comes to search. Can you reduce spend on brand terms that you might already be targeting through organic search?

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Extended Back-to-School Season Spotlights Need for Tactical Markdowns

Retail TouchPoints

on clothing, shoes, school supplies and electronics this year, down slightly from the $890.07 Retailers should plan for an extended back-to-school season.” If [consumers] see [a BTS item] as more of a ‘want’ than a ‘need,’ that would put more pressure on retailers.” they spent in 2023. billion spent last year.

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Ecommerce Trends: 147 Stats Revealing How Modern Customers Shop in 2017

BigCommerce

In the last year, shoppers have spent the most with ecommerce marketplaces ($488), closely followed by major online/offline brands ($409) such as Nordstrom or Best Buy. When shopping online, nearly half (48%) of online purchasers first turn to a mass commerce marketplace. Types of online goods purchased.

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Holiday 2022 Recap: Promotions, BOPIS Drove Late-Season Engagement as Overall Growth Slowed

Retail TouchPoints

The 2022 holiday season showed slow, but steady, improvement for the retail industry. As economic headwinds curbed spending capacity, online retail grew in the U.S. For example, it would appear that spending on electronics decreased during this holiday season compared to a similar time frame in 2021.”.