Retailers
spend most of their budget and energy on the in-store experience.
It only makes sense: upwards of 95% of revenue is generated inside
the bricks and mortar. However, retailers should also consider the
following:
The path to purchase often begins online. 73%-83% of US consumers research online before buying in-store, per a Pricewaterhouse Coopers survey.
Shoppers leave stores to buy online. Per a Harris Interactive Poll, 43% of adults report that they’ve visited a brick and mortar store to examine a product before purchasing it elsewhere.
Customer expectations of online/in-store...
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Perfect information, for you
non-Econ majors, is a state in which prices and quality of products
are assumed to be known to all consumers and producers.
Charitable Marketing builds brands
and bottom lines. Research in neuroscience shows why, with a
fascinating look into the mind of the consumer.
