Consumption Junction
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Consumption Junction
Consumerism meets marketing; who & what manipulates the free market of goods & services. See also: http://www.kitsch-slapped.com/category/ze-big-mouth-promotions-stuff/
Curated by Deanna Dahlsad
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Which Country Spends the Most Online? #Infographic

Which Country Spends the Most Online? #Infographic | Consumption Junction | Scoop.it
Residents of Hong Kong are the ecommerce champions of the world. By far.

The average consumer spends $2,868 per year online shopping in Hong Kong, according to data from the German statistics firm Statista. The country next in line for the most online spending is Norway, with an average of $2,448 spent per consumer. And Israel rounds has the third most online spending per capita with $2,171 spent per year.

To be sure, online spending correlates with a country’s wealth. And only countries that are reasonably well connected to the Internet are included in this research.

Via Brian Yanish - MarketingHits.com
Dazzling D's curator insight, November 9, 2015 8:09 PM

Interesting...

Caroline Doughty's curator insight, November 10, 2015 8:56 AM

Cyber Monday is coming up.  1 day sales anticipated to top $3Billion - a 12% growth in online sales over 2014 for the one day.  What are your plans for holiday shopping? Online or keep it local? 

Megan Katherine's curator insight, November 10, 2015 11:48 AM

Will shopping malls become irrelevant?

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How Many E-Commerce Shopping Carts Are Abandoned? #INFOGRAPHIC

How Many E-Commerce Shopping Carts Are Abandoned? #INFOGRAPHIC | Consumption Junction | Scoop.it

Here’s some key facts:

  • Almost 68% of online shopping carts are abandoned
  • There is a $100 “psychological barrier” when it comes to online purchases that causes many to abandon their carts
  • 90% of leads go cold after one hour

How has abandoned shopping carts affected your e-commerce business?


Via Brian Yanish - MarketingHits.com
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How Our Brain Determines if the Product is Worth the Price

How Our Brain Determines if the Product is Worth the Price | Consumption Junction | Scoop.it
Are consumers more likely to buy if they see the price before the product, or vice versa? Uma Karmarkar and colleagues scan the brains of shoppers to find out.
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Rescooped by Deanna Dahlsad from book publishing
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Amazon Quietly Launches Its Consumer-Facing Mobile Wallet App, Amazon Wallet | TechCrunch

Amazon Quietly Launches Its Consumer-Facing Mobile Wallet App, Amazon Wallet | TechCrunch | Consumption Junction | Scoop.it
Amazon's first attempt at its own mobile wallet application, designed for use at the point-of-sale, has made a quiet debut on the Amazon Appstore and on..

Via Ware-Pak LLC
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Rescooped by Deanna Dahlsad from Brain Tricks: Belief, Bias, and Blindspots
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Consumer Psychology & the E-Commerce Checkout

Consumer Psychology & the E-Commerce Checkout | Consumption Junction | Scoop.it
We all love a bit of online shopping but what goes through our head before we click to buy items over the web?

Via Jocelyn Stoller
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Shoppers Look for Quality—Not Deals

Shoppers Look for Quality—Not Deals | Consumption Junction | Scoop.it
Shoppers aren’t too concerned with getting items at a low price. Instead, they’re looking for “superior quality products”—something consumers are increasingly prioritizing when looking to purchase.
Deanna Dahlsad's insight:

Hurray!

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MediaPost Publications Why People Don't Use Smartphones to Shop 02/27/2014

MediaPost Publications Why People Don't Use Smartphones to Shop 02/27/2014 | Consumption Junction | Scoop.it

There are plenty of reasons consumers use smartphones to shop, ranging from access to product information to finding competitive pricing.

And many shoppers find their own preferred path to purchase and their own reasons why.

For example, as I wrote about earlier this week, consumers use both apps and mobile websites to shop and more find mobile browsers to be more convenient (More Mobile Shoppers Like Convenience of Websites Over Apps).

Almost half (46%) of mobile shoppers say their shopping experience would be better if they could check available stock while in a store and almost a third (31%) want in-store Wi-Fi with a simple login.

But some consumers don’t use any online tools to buy, primarily because they like to shop in a store where they can see and touch their desired products.

Based on a large global study by PwC, of those who did not purchase online, here are the top reasons:

54% -- Prefer to touch/try the product52% -- Just prefer to shop in store43% -- Worried about security of personal data35% -- Don’t trust online payment methods25% -- Don’t have a credit/debit card

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Rescooped by Deanna Dahlsad from Consumer behavior
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What’s Empowering the New Digital Consumer?

What’s Empowering the New Digital Consumer? | Consumption Junction | Scoop.it

Via Francisco Teixeira
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'Webrooming' this holiday season's biggest shopping trend

'Webrooming' this holiday season's biggest shopping trend | Consumption Junction | Scoop.it

Last year it was showrooming – the practice of checking out merchandise in a store, then ordering it online, usually from some place else.


Retailers hate that and geared up this holiday season to try and counter it with aggressive online deals of their own. But consumers are on to a new trend – webrooming – according to a new survey from Harris Interactive.


Webrooming is just the reverse. A consumer will use a desktop or mobile device at home to check out deals, then head for the store to make the purchase.

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Rescooped by Deanna Dahlsad from A Marketing Mix
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PCs Still Tops for Web Shopping Across Categories

PCs Still Tops for Web Shopping Across Categories | Consumption Junction | Scoop.it
There’s no question mobile devices are more important than ever in the online shopping landscape, but people still prefer PCs for researching and purchasing products and services.
Deanna Dahlsad's insight:

Note how completing a purchase via a mobile device was less common.

Deanna Dahlsad's curator insight, December 5, 2013 11:45 AM

Note how completing a purchase via a mobile device was less common.

malek's curator insight, December 8, 2013 9:01 AM

Against rhetoric. Probably more research and more readings will explain the findings

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People Shopping on Mobile Devices Visit More Sites Than Those on a PC

People Shopping on Mobile Devices Visit More Sites Than Those on a PC | Consumption Junction | Scoop.it

Mobile devices have made it possible for people to shop anywhere, anytime, and apparently, they’re taking advantage. According to Millward Brown Digital, people who shop from their mobiles visit more retailer sites than those who shop from their PCs (6.2 retailer visits per month on mobiles versus 2.9 on PCs). Mobile shoppers also use search engines and social media sites more than PC shoppers do. With all that opportunity to capture mobile purchases (or lose them to rivals), there’s all the more reason for retailers to make sure their mobile strategy is airtight.

Deanna Dahlsad's insight:

It is nearly impossible not to notice some (more than) probably gender differences here; it sure looks like the men are shopping via mobile phone and tablet, while women are at the pc. This likely means big differences in terms of social sites, such as Pinterest, as well as in the shopping categories themselves.

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Happy shoppers spend more

Making it easier for shoppers to find and buy what they want to buy is the key to unlocking category and brand growth. Discover TNS’s three principles for making shoppers happy.

Deanna Dahlsad's insight:

Likely not a surprise; at one time or another, most of us have gotten so frustrated we walked out of a store. Ditto abandoned online shopping carts.

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Golden phallus so popular museum to sell replicas

Golden phallus so popular museum to sell replicas | Consumption Junction | Scoop.it

The Roman gold pendant in the shape of a phallus that was discovered in 2011 in Hillington, Norfolk, has become such a popular exhibit at the Lynn Museum that replicas will be sold at the gift shop.

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Curated by Deanna Dahlsad
An opinionated woman obsessed with objects, entertained by ephemera, intrigued by researching, fascinated by culture & addicted to writing. The wind says my name; doesn't put an @ in front of it, so maybe you don't notice. http://www.kitsch-slapped.com
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