Consumer Spending Trends: Deal-Seeking Behavior Prevalent

source: http://www.marketingcharts.com/wp/traditional/consumer-spending-trends-deal-seeking-behavior-prevalent-44358/?utm_campaign=rssfeed&utm_source=mc&utm_medium=textlink

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Moreover, 58% have used coupons when shopping and 55% have followed a strict budget.

Interestingly, though, a majority 58% also report having purchased more at the store than originally intended, despite only 38% saying they’ve made an impulse purchase. Few have gone shopping (31%) or made a major purchase that cost at least one week’s pay (27%).

The study release comes after a survey from Harris Interactive, fielded during a similar period, found a year-over-year decrease in the percentage of consumers cutting back on various small-ticket purchases such as print subscriptions. Nevertheless, a majority of respondents reported having purchased more generic brands during the prior 6 months to save money.

Meanwhile, data released separately by Gallup examines spending trends by category, finding that:

  • 59% report spending more on groceries than they did a year ago, versus 10% spending less;
  • 32% are spending more on telephone services, compared to 11% spending less (the balance spending about the same);
  • 33% spending more on cable or satellite, versus 15% spending less;
  • 25% spending more on clothing, compared ! to 30% s pending less;
  • 20% spending more on consumer electronics, against 31% spending less;
  • 26% spending more on both travel and dining out, versus 38% spending less on each.

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By: Dr. Augustine Fou Sunday, July 27th, 2014 news No Comments

drag2share: THE CLOUD COMPUTING REPORT: How Different Cloud Services Are Competing For Users And Pushing Up Usage

source: http://feedproxy.google.com/~r/businessinsider/~3/5vUOKMRUYZY/cloud-report-competing-for-users-and-pushing-up-usage-2014-7

CloudStorageMobileUse

Consumers are already using the cloud widely, even if a lot of them don’t know it. Approximately 90% of global internet users are already on the cloud in some manner, and that number will remain steady as internet usage spreads globally. 

But mobile has led to explosive growth in cloud usage. Mobile consumers leverage the cloud to store and consume media, and sync their apps, files, and data across devices. BI Intelligence estimates traffic to the cloud from mobile devices will grow at a compound annual rate of 63% between 2013 and 2018.

Even as cloud usage is exploding, though, consumers remained confused about the cloud, and services specifically aimed at cloud storage still only reach a small share of U.S. internet users. That means companies like Dropbox and Google Drive have a big opportunity to grab users. To do so, they’re slashing prices and upping storage space. 


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By: Dr. Augustine Fou Friday, July 25th, 2014 news No Comments

Most Popular Facebook Ad Targeting Criteria

source: http://socialfresh.com/facebook-ad-options/

Here is a glimpse at how popular the different Facebook ad targets were amongst those we surveyed.

facebook ad targeting criteria

By: Dr. Augustine Fou Friday, July 25th, 2014 news No Comments

Global B2C E-Commerce Sales Forecast to Grow by 19.3% This Year

source: http://www.marketingcharts.com/wp/online/global-b2c-e-commerce-sales-forecast-to-grow-by-19-3-this-year-44300/?utm_campaign=rssfeed&utm_source=mc&utm_medium=textlink

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By that point, a slight majority of internet users aged 14 and older in the Asia-Pacific region will be purchasing items on digital devices, per the forecast, though buyer penetration will be greatest in Western Europe (69%) and North America (68.8%).

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By: Dr. Augustine Fou Thursday, July 24th, 2014 news No Comments

Social Media Sites Ranked by User Satisfaction

source: http://www.marketingcharts.com/wp/online/social-media-sites-ranked-by-user-satisfaction-44257/?utm_campaign=rssfeed&utm_source=mc&utm_medium=textlink

ACSI-Customer-Sat-Social-Media-Sites-2014-v-2013-July2014

    Source: American Customer Satisfaction Index (ACSI) [download page]

      Notes: Customer satisfaction with social media websites improved by 3 points year-over-year to an average score of 71 on the ACSI’s 100-point scale, which nevertheless ranks 4th-lowest of the 43 industries measured. This year, Pinterest led the social rankings with its users giving it an average score of 76. Despite each improving by 5 points, LinkedIn and Facebook (both with a score of 67) had the lowest ratings (the survey was conducted before news of Facebook’s emotion study). Meanwhile, social media users were most satisfied with site performance (index score of 84) and least satisfied with the amount of ads on the sites (75).

      !

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      By: Dr. Augustine Fou Thursday, July 24th, 2014 news No Comments

      How CMOs and CIOs Feel About Collaboration

      source: http://www.marketingcharts.com/wp/traditional/how-cmos-and-cios-feel-about-collaboration-44304/?utm_campaign=rssfeed&utm_source=mc&utm_medium=textlink

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      Some positive developments from the CIO perspectives include:

      • 51% agreeing that their marketing employees understand technology (up from 48%); and
      • 41% agreeing that the marketing department does not provide adequate levels of business requirements, down from 46% in 2012.
      By: Dr. Augustine Fou Thursday, July 24th, 2014 news No Comments

      Facebook Ad CTRs Up in Q2

      source: http://www.marketingcharts.com/wp/online/facebook-ad-ctrs-up-in-q2-43985/

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      According to the report, mobile captured 56% of Facebook ad budgets in Q2, a substantial increase from less than 40% share a year earlier.

      Facebook reported in Q1 that mobile represented 59% share of its ad revenues. Recent data from comScore suggested that in May, almost 1 in every 10 minutes spent online was with the Facebook app. Indeed, 94% of mobile time spent with Facebook was in-app rather than via browser, per comScore figures examining April 2014 data.

      Meanwhile, singling out a couple of major verticals, the Nanigans study reports that CTRs more than doubled year-over-year among its e-commerce customers (to 0.3%), while increasing more than six-fold among its gaming customers (to 0.58%).

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      By: Dr. Augustine Fou Thursday, July 24th, 2014 news No Comments

      Facebook in Q2: Mobile Accounts For 62% of Ad Revenues; 81% of MAUs

      source: http://www.marketingcharts.com/wp/online/facebook-in-q2-mobile-accounts-for-62-of-ad-revenues-81-of-maus-44332/?utm_campaign=rssfeed&utm_source=mc&utm_medium=textlink

      Facebook-Mobile-MAUs-Ad-Revenues-Q32012-Q22014-Jul2014

        Source: Facebook [pdf]

          Notes: Facebook’s advertising revenues grew by 67% year-over-year in Q2 to almost $2.7 billion, of which mobile comprised 62%, up from 41% share a year ago. Some 63% of Facebook’s more than 1.3 billion monthly active users accessed the site daily, translating to 829 million daily active users (DAUs); roughly 79% of those were mobile DAUs.

          By: Dr. Augustine Fou Thursday, July 24th, 2014 news No Comments

          drag2share: NASCAR Is In Big Trouble As Team Values Continue To Shrink

          source: http://feedproxy.google.com/~r/businessinsider/~3/lHf3a-4M6v0/nascar-values-2014-7

          Things are going well for NASCAR’s top team, Hendrick Motorsports, which includes some of the sport’s top drivers, including Jeff Gordon, Kasey Kahne, Jimmie Johnson, and Dale Earnhardt Jr. But a closer look at the value and profit of the other top teams reveals a sport that is trending in the wrong direction.

          According to Forbes.com and its valuations of NASCAR’s top nine teams, the current value of Hendrick Motorsports ($348 million) is relatively unchanged since 2010 ($350 million). However, the average team has seen a 31.1% drop in profit since 2010 which has translated into an average team value of $139.7 million, down 16.4% during the same span.

          FORBES Value

          NASCAR’s popularity surged up until 2007, but then the bubble burst. Forbes blames the recent decline in values on plummeting attendance and TV ratings.


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          By: Dr. Augustine Fou Wednesday, July 23rd, 2014 news No Comments

          eBay’s ticket site StubHub says it’s the victim of a ‘global fraud ring’

          Source: http://www.engadget.com/2014/07/23/stub-hub-fraud-victim/

          StubHub has revealed that it’s been the victim of a global fraud operation that’s lasted longer than a year. Rather than being hacked, however, criminals obtained user details from other websites and keylogging software, then proceeded to make purchases on the eBay-owned ticket site. Company official Glenn Lehrman has told Reuters that authorities in the US, Canada and the UK will conduct arrests later today, at which point more details will be released. Worried users of the service should relax, for the moment at least, since the company has promised that any unauthorized transactions were spotted and refunded back in 2013.

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          Via: WGGB

          Source: Reuters

          By: Dr. Augustine Fou Wednesday, July 23rd, 2014 news No Comments

          Dr. Augustine Fou is Digital Consigliere to marketing executives, advising them on digital strategy and Unified Marketing(tm). Dr Fou has over 17 years of in-the-trenches, hands-on experience, which enables him to provide objective, in-depth assessments of their current marketing programs and recommendations for improving business impact and ROI using digital insights.

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