Consumers’ outlook on the economy and their household finances has spurred a number of consequential buying trends that are shaping retail today. Join us as we discuss findings from The Consumer Spend Report for 2024 and beyond.
What we covered:
- Economic sentiments and behavior changes: Despite positive economic indicators, a majority of Americans see an economy in decline. How is that affecting their spending?
- Price sensitivity breeds “uncommitted customers”: Shoppers with everything they need at their fingertips are comparing prices across stores to maximize value for their real-time needs.
- Loyalty and pricing: Areas ripe for growth: We polled thousands of consumers on loyalty programming and dynamic pricing, so retailers can plan their investments accordingly.