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This halo effect makes it critical to have a strategy that encompasses all of your marketing channels. We’ve prepared a four-week webinar series to ensure your brand is completely prepared to weather the storm and vastly increase your overall revenue. According to a recent survey by global payments network Veem, 81% of U.S.
In light of coronavirus, nearly one-quarter of shoppers are looking for contactless payments or delivery options, with 36% of shoppers saying they won’t return to brick-and-mortar stores until a vaccine is available , according to a recent survey of 3,558 consumers from Salesforce Research. Learn more and save your spot here!
Increase in contactless payments. Another result of stay-at-home orders is a huge surge in demand for digital payment services. Despite the success of paymentprocessing companies so far, there are signs of the internet reaching capacity during this crisis. Time will tell if this will be a lasting change in behavior.
billion in revenue. Revenue from ecommerce is expected to reach $469.3 US retail ecommerce revenue was just $285.9 Latest stats: Consumer electronics + COVID-19. In line with that increased digital time, the consumer electronics industry has seen some significant growth. growth this year. million by 2022.
Mastercard reports that their Q2 2021 revenue surged 36% over last year, a confident indication that consumer spending is rebounding after the pandemic made shoppers wary of making discretionary purchases. It’s not just that shoppers are spending more – it’s also that they’re making more digital payments and fewer cash payments.
Hotel occupancy dropped by over 24% year-over-year for the week of March 8-14, with revenue per available room down more than 32%. On the other side of these closures stand grocers, big-box stores, and electronic stores that are seeing huge boosts. The good: The canals of Venice have become clear for the first time in centuries.
Alternative payment options have surged over the past year and a half after the coronavirus pandemic pushed consumers to be wary about high-contact shopping. Buy now, pay later (BNPL) is one of the myriad alternative payment methods that has seen the most growth since last year, with BNPL adoption up more than 81% year-over-year.
in 2021, making up for some brick-and-mortar revenue lost around the onset of the pandemic. Connected TV ad revenue is rising in light of the pandemic, with Hulu leading the way among streaming providers at $3.1 Revenue was just $269 billion in 2019 and $207.15 billion in revenue. After declining 0.2% of all retail sales.
Touchless payment continues to grow. Contactless payment methods surged last year with the pandemic and consumers’ concerns around safety. Touchless transactions like proximity mobile payment, buy now pay later, & BOPIS all surged with COVID-19 and are continuing to see growth even as the pandemic subsides. June 1 update.
Revenue from ecommerce is expected to reach $469.3 US retail ecommerce revenue was just $285.9 Latest stats: Consumer electronics + COVID-19. In line with that increased digital time, the consumer electronics industry has seen some significant growth. Digital ad spend in the electronics category will account for 9.2%
Amazon grew its advertising business by 52.5% last year , increasing its share in the US digital ad market from 7.8% of digital ad revenue share in 2020, down from 37% in 2019 in light of Amazon’s significant increase. Pandemic accelerates digital real-time payment adoption. What is real-time payment? of all U.S.
Latest stats: Consumer electronics + COVID-19. In line with that increased digital time, the consumer electronics industry has seen some significant growth. In line with that increased digital time, the consumer electronics industry has seen some significant growth. Consumer electronics saw nearly 16% revenue growth last year.
Furniture and homeware ecommerce revenue grew by 14.5% COVID-19’s impacts on the consumer electronics industry. The electronics sector is one of the many industries that witnessed significant growth online in 2020, with ecommerce up across the board due to COVID-19. The computer and consumer electronics industry brought $156.5
YouTube ad revenue grew to $6.89B in Q4 2020 from $4.72B in Q4 2019 as the pandemic fueled video growth. billion in revenue in Q4, a 22% year-over-year increase that beat projections by nearly $4 billion. Total paid searchrevenue from mobile increased 93% year-over-year for ROI clients (ROI client data). ( Statista ).
Ecommerce accounted for 45% of Gap’s revenue in 2020, up from only 25% in 2019. s revenue in 2020, up from 33% in 2019. Paid search + the pandemic. Paid searchrevenue was up 101.3% Here’s a hint: being agile and adaptable in your paid search strategy will remain critical in 2021. . March 31 update.
According to eMarketer data , as of June 2020, 30% of consumers indicated interested in mobile payments up from 17% just three months before in March. Cyber Monday 2020 was projected to bring more online revenue than ever due to the pandemic. Interest in contactless checkout abilities have surged since the start of the pandemic.
Grocery, office supplies, electronics, and, of course, essential goods are some of the categories that have grown the most online during the pandemic. Online purchases of clothing, however, are up 76.7% , with online revenue up 22.2% – but average order value down 54.5%. . billion in revenue in Q2 2020. decline in Q1.
Cyber Monday 2020 was projected to bring more online revenue than ever due to the pandemic. The brands surveyed in this research spanned verticals including home, fashion, beauty, electronics, food, and more. Online purchases of clothing, however, are up 76.7% , with online revenue up 22.2% – but average order value down 54.5%.
Grocery, office supplies, electronics, and, of course, essential goods are some of the categories that have grown the most online during the pandemic. Online purchases of clothing, however, are up 76.7% , with online revenue up 22.2% – but average order value down 54.5%. . billion in revenue in Q2 2020. decline in Q1.
Online purchases of clothing, however, are up 76.7% , with online revenue up 22.2% – but average order value down 54.5%. . The market for handcrafted items like masks and home furnishings has exploded during the pandemic, with sales spiking 146% on Etsy’s marketplace as a result. . billion in revenue in Q2 2020.
billion in revenue in Q2 2020. This halo effect makes it critical to have a strategy that encompasses all of your marketing channels. We’ve prepared a four-week webinar series to ensure your brand is completely prepared to weather the storm and vastly increase your overall revenue. Learn more and save your spot here! 8/4 update.
Total paid searchrevenue from mobile increased 93% year-over-year for ROI clients (ROI client data). Total paid search impressions on mobile increased 78% year-over-year for ROI clients (ROI client data). 70% of mobile marketers say the pandemic has strengthened their promotional efforts ( Liftoff ). 12/29 update.
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