Amazon’s ‘Buy With Prime’ Program Emerges as Prime Day Triumph

October 20, 2023

During Amazon’s recent Big Deal Days event, the Buy With Prime checkout feature played a significant role in driving sales for brands. This tool, which allows shoppers to use their Amazon accounts for purchases, was utilized effectively by several companies. While the program aids in customer conversion rates and trust-building, its impact on a brand’s position on Amazon.com remains less clear.

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Premium and Healthier Food Options Gain Traction

As consumers become more mindful of their spending, the global sales of cooking ingredients and meals saw a notable increase of 4.4% in 2023, driven by inflation and higher commodity prices, according to Euromonitor International. This trend underscores a shift in consumer behavior towards more economical choices while still showing a preference for premium, healthier, and environmentally sustainable options.

Dairy Manufacturers Inc. Issues Voluntary Recall of Baby Formula

In a significant move, Dairy Manufacturers Inc., a Texas-based company, has initiated a voluntary recall of several baby formula products after they were found to be noncompliant with U.S. Food and Drug Administration (FDA) regulations. The recall encompasses all lot codes of three specific products: Crecelac Infant 0-12, Farmalac 0-12, and Farmalac 0-12 Low Lactose. This announcement was officially published on the FDA’s website on Saturday.

Fitness Equipment to Become $18.4 Billion Market

The global fitness equipment market is projected to reach $18.4 billion by 2033, growing at a CAGR of 3.02% from 2024 to 2033, according to Allied Market Research. Key drivers include the integration of Internet of Things (IoT) technology in fitness devices and the rise of corporate wellness programs. IoT-enabled equipment captures workout metrics in real time, enhancing user engagement and offering personalized insights. Corporate wellness initiatives promote physical activity in the workplace, increasing demand for fitness equipment in corporate gyms.