Highlights
- E-commerce has grown 2-5x during the pandemic. However, the growth came to a halt in Q1 2022 and began to fall off in Q2
- The biggest concerns for consumers right now are the rapidly rising prices and inflation and the vast majority have already changed their behavior towards money saving
- Marketplaces seem to be more resilient and actually are still trending up or sideways in most categories. The flywheel effect that helps stand out: stock, price, selection, life-time-value
- Audience questions including: should we diversify our target markets to expand our customer base? Navigating decreasing Amazon prices as a retailer? Media driving panic and influencing our choices? …and more, answered live by our hosts
Want more on this topic? Join us at our follow-up roundtable on August 10th to discuss your questions, concerns and experiences with experts and fellow vendors and sellers.
Want to know more about FACTOR-A/DEPT®? Follow us on LinkedIn and download our one-pager.