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You are here: Home / Archives for Consumer Trends

Consumer Trends

Red Alert for Multiplex Owners, Almost Half of all Moviegoers are Gone

December 16, 2021 by Ted Leave a Comment

Just about half of moviegoers are back in the theater

And Many of Them are Gone for Good

Market researchers are sounding the alarm as new research indicates that almost half of all moviegoers are no longer buying tickets to see movies at the theater. They say theater owners must “‘urgently’ rethink the experience.”

Where have all the movie fans gone? Read on to find out…

[Read more…] about Red Alert for Multiplex Owners, Almost Half of all Moviegoers are Gone

Filed Under: Consumer Trends, News, Statistics Tagged With: commercial theaters, consumers, movie business, movie theaters, movies

What Amenities Do Million Dollar Home Buyers Desire? ‘Wellness’ Tops the List

December 8, 2021 by Ted Leave a Comment

Beautiful luxury villa with pool by the sea

‘Wellness’ is Most Requested Amenity by Luxury Buyers

In a recent interview in a business newsletter, James Harris of the reality TV show Million Dollar Listing chatted about the latest trends in the luxury home market. The interview offered some interesting insights on the most desired amenities by today’s luxury home buyer, aka the primary target client for most custom integrators. Of the long list of available options, wellness is said to top the list as today’s most desired amenity.

See more on the latest trends from Million Dollar Listing’s James Harris

[Read more…] about What Amenities Do Million Dollar Home Buyers Desire? ‘Wellness’ Tops the List

Filed Under: Consumer Trends, Integrators, Pivot Point, Technology Tagged With: Delos, health & wellness, Pure365, wellness

Brrrr, There’s a Chill in the Air; Consumer Confidence Hits a 9-Month Low

December 2, 2021 by Ted Leave a Comment

While there’s no question that the economy continues to expand, certain indicators are sending chills down economists’ spines – and the latest Consumer Confidence Index is one of those indicators. According to the latest data from The Conference Board (TCB), the Consumer Confidence Index (CCI) declined in November in a sign that consumers’ attitudes about the economy are turning cold.

See more on the November Consumer Confidence Index

[Read more…] about Brrrr, There’s a Chill in the Air; Consumer Confidence Hits a 9-Month Low

Filed Under: Consumer Trends, Economic Trends, News Tagged With: consumer confidence, Consumer Confidence Index

Inflation Impact: November Consumer Sentiment Drops to 10-Year Low

November 15, 2021 by Ted Leave a Comment

Logo for Index of consumer sentiment from the University of Michigan

In spite of the fact that the economy is continuing to grow as it powers away from the days of COVID shutdowns, a preliminary November reading of consumer sentiment shows a dramatic drop to a 10-year low, as consumers fret about growing inflation. While economists have long warned that transitory inflation would be a temporary part of our overall economic recovery, consumers are clearly concerned that this inflation may be hanging around for a while and it is already crimping their lifestyle.

Learn what the University of Michigan chief economist had to say about this result

[Read more…] about Inflation Impact: November Consumer Sentiment Drops to 10-Year Low

Filed Under: Consumer Trends, Economic Trends, News, Research, Survey Tagged With: consumer sentiment, Index of Consumer Sentiment, University of Michigan

Amazon Founder Bezos No Longer the World’s Richest; You Should Be Concerned

August 4, 2021 by Ted 6 Comments

[Photo: Gutierrez/Associated Press]

Last Friday, Amazon founder and now former CEO Jeff Bezos woke up the richest man in the world. He has been the richest man in the world for quite some time now. Yet when he went to bed Friday evening, he was no longer. And the reason that’s so should serve as a warning to you and all of us in the tech biz in 2021.

See why you should take warning from the Jeff Bezos situation

[Read more…] about Amazon Founder Bezos No Longer the World’s Richest; You Should Be Concerned

Filed Under: Consumer Trends, Financial, Management, News, Strategy Tagged With: Amazon, e-Bay, Etsy, Jeff Bezos, Pinterest, Wayfair

After Strong 2020, Researchers Project Further eCommerce Growth in 2021

July 7, 2021 by Ted Leave a Comment

Sonos for sale on Onkyo USA before closing
Sonos for sale on Onkyo USA before it closed

In 2020, the year of COVID-19, there was much death and devastation in the U.S. and around the world. But one business segment soared during the pandemic as a result of local municipalities and states around the country putting their citizens into 24/7 lockdown at home – and that business was eCommerce. With in-person retail stores closed by local government orders, consumers had no option but to shop online to obtain the things they needed.

So what do experts expect will happen to the growth rate for eCommerce in 2021, now that all states have removed most or all of their restrictions and in-person retail stores are all open for business? You might be surprised…

See the latest forecast for eCommerce growth & Total Retail growth in 2021…

[Read more…] about After Strong 2020, Researchers Project Further eCommerce Growth in 2021

Filed Under: Consumer Trends, Economic Trends, Retailers, Sales Tagged With: ecommerce, retail

How Big is Amazon in E-Commerce? Bigger Than You May Realize

June 24, 2021 by Ted Leave a Comment

Amazon logo on sign

In new data from market researcher eMarketer, we learn more details on just how well e-commerce sales are doing both overall and for specific players such as Target and Amazon. It is pretty well known that as the pandemic rolled out in early Spring of 2020, Americans were thrust into quarantine and a 24/7/365 existence at home. This caused many to order their supplies from online retailers, even those consumers who had not previously ever purchased online before. Clearly, COVID was horrible for America (and the world) but good for the e-commerce business.

All online retailers did well, with companies like Walmart and Target seeing their e-commerce operations really gain some traction. But did some do better than others? Oh yeah…

See more on the current state of Amazon and e-commerce

[Read more…] about How Big is Amazon in E-Commerce? Bigger Than You May Realize

Filed Under: Consumer Trends, Dealers, News, Sales, Statistics Tagged With: Amazon, e-commerce, ecommerce, Target

Congress Prepares to Regulate Big Tech, Yet They Top ‘Most Trusted Brands’ Poll

June 18, 2021 by Ted Leave a Comment

>Learn How to Improve Consumers’ Trust in Your Brand

Many political observers have declared the end of bi-partisanship, as the political right and left seem further apart than ever before in the history of the country. Yet there is one area where both parties agree, it is time to rein in the big tech players. Ironically, in a new poll of the 15 most trusted brands in the world, we find a lot of tech represented – including some of the Big Tech players. Is Congress out of step with the American people? And how important is “trust” to a company or brand anyway?

See the most trusted brands & how to improve yours…

[Read more…] about Congress Prepares to Regulate Big Tech, Yet They Top ‘Most Trusted Brands’ Poll

Filed Under: Brands, Consumer Trends, Management, Marketing, News, Statistics, Survey Tagged With: trust

US Consumer Media Usage Hits All-Time High in 2020; What Happens Now?

June 8, 2021 by Ted 1 Comment

Consumers media usage - Watching TV

Whether you are a manufacturer designing tech gear for the residential market, or an integrator designing systems for your client’s homes, it can be helpful to better understand how they wish to use the gear or systems to consume media content. New statistical research shows that – no surprise – the average daily time U.S. consumers spent consuming media hit an all-time high in 2020…the year of COVID-19. You probably already knew this fact or at least suspected it to be the case. Now the data is in and between digital media and traditional media, the average consumption moved up by almost an extra hour a day.

But what you likely don’t know is – which specific media category saw increased use, which specific media category saw decreased use? And, most importantly, what happens now?

See the latest data forecasting of consumer media consumption…

[Read more…] about US Consumer Media Usage Hits All-Time High in 2020; What Happens Now?

Filed Under: Consumer Trends, Media, News, Research, Statistics Tagged With: media

New Insights on Americans Expectations for Post-Pandemic Life & Work

May 26, 2021 by Ted Leave a Comment

Americans expectations for the post-pandemic include ditching their masks

What a Difference a Year Makes!

New research from global researcher IPSOS and published by Quirks shows Americans are anxiously anticipating the post-pandemic period with a strong desire to reconnect with a ‘normal’ lifestyle. What do they crave? In some cases, the answer to that is predictable – and in other cases the answer is a surprise. But I found one thing interesting, the mood of their answers changes dramatically when Americans are asked about the topic of returning to work.

See the latest data on Americans expectations for the new ‘normal’

[Read more…] about New Insights on Americans Expectations for Post-Pandemic Life & Work

Filed Under: Consumer Trends, Statistics, Survey Tagged With: consumer, consumer sentiment, COVID-19

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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