20 Must Know Statistics About Today’s Consumer Shopping Trends

Infographic | July 21, 2022

Why Should Business Leaders Opt for Advanced POS Solutions? Automated sales processes Sales and inventory tracking Robust card-reading capabilities

Infographic | June 28, 2022

This makes the banking sector the next frontier in the metaverse. With time, customers can visit banks through a virtual reality device, all without stepping out of their homes. Even major financial corporations are making heavy investments given the potential of banking in the metaverse, thus positively influencing digital banking market dynamics.

Infographic | December 5, 2019

Returns hit the bottom line in multiple ways: the value of returned merchandise was $369 billion in 2018, and it takes, on average, more than seven people to handle processing a return. Additionally, 80% of first-time customers who return their order will never buy from that retailer again.

Infographic | December 7, 2019

Retailers face a number of challenges getting shoppers to download and use their mobile apps, but when they do succeed, the rewards are high: shoppers spend, on average, 30% more when using branded apps. Omnichannel efforts also pay off handsomely: consumers spend 17% more when their shopping experience is matched on multiple devices.

Infographic | January 16, 2020

So, you have a startup? You have an idea that is sure to turn into the next Facebook, or Snapchat? Hundreds of people are in the same boat. Just starting a business or having an incredible idea is not what makes you an entrepreneur. Being a successful entrepreneur is about getting the most out of yourself and your employees. It is about knowing what your strengths are, how to make the right decisions, and when to think about the future.

Infographic | January 8, 2020

Modern retail is being influenced as much by younger, tech-savvy ‘millennials’, who increasingly shop online and on their mobiles, as by older baby-boomers (over 60s) who wield greater spending power and still prefer to shop in stores. Both groups are equally important to retailers in a world where consumers increasingly shop on their own terms. Oracle Retail's 2016 consumer research study 'The Power And The Money' took a closer look a how these different age groups are approaching shopping in the digital age.