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Always-On Shopping Fuels Brand Advertising as a 24/7 Sales Force

Rangeme

Worldwide, the average consumer between the ages of 16 and 64 spends 145 minutes per day on social media. 1 Daily time spent on social networking by internet users worldwide from 2012 to 2020. Digital advertising is surging, as consumers’ media consumption and product consumption habits migrate to online. Retail Dive.

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Retail Statistics You Should Know

Small Biz Trends

Here are interesting data from the National Retail Federation report to help you assess how big the retail industry is: Retail supports 1 in 4 American jobs, which is over 50 million American workers. The contribution of the retail industry reaches around $1 trillion Direct Labor Income. economy is retail, now you know.

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2023: The Year of Customer Retention? Retail Tech Predictions

Retail Assist

And yet it turned out to be another challenging year, particularly for retail. Quick commerce, social commerce, marketplaces, greenwashing of brands, a resurgence in physical retail and a rebalancing of ecommerce were key themes during the year. Got you thinking about retail trends for 2023?