The cryptocurrency market has been one of the more disruptive elements of the finance industry since it sprung to stardom in 2017. Where once cryptocurrencies seemed like a figment of the future, they’re now a household name. As key currencies rise and fall and the pundits have their say, the question is: How does the buzz surrounding cryptocurrencies translate into customer behavior online?
COVID-19 will be remembered in history as a pandemic. One of the things it may or may not be remembered for is the mental health pandemic that it induced. Mental Health Awareness Day this year is a stark reminder that, although there is a vaccine for COVID-19, there is no such thing for mental health and personal well-being. And while the need for mental health services has soared, the pandemic halted traditional support and treatment.
Following what’s trending and trendspotting are not the same. Trendspotters identify the coming trends and capitalize on them early. They stay market leaders. Think about the top brands in the market now. They are the names others turn to prepare for what’s coming. It’s why there is hype around every new iPhone launch. Yet, being on the cutting edge of the industry isn’t just reserved for the current market leaders. By keeping an eye out for industry data, you can anticipate which trends are fleeting (think clubhouse vs. TikKok), and which have lasting power to disrupt your market.
Today, 60% of U.S. consumers stock up on groceries online. In the wake of the pandemic, traditional grocers now compete with disruptors like Instacart and megaretailers like Walmart and Amazon. To help these retailers thrive in the cutthroat online grocery business, we use Similarweb Shopper and Research Intelligence, to compare Amazon, Walmart, Instacart, and traditional grocers. Web traffic to the U.S. grocery industry spiked 47% year-over-year (YoY) since the onset of COVID-19.
With the pandemic spurring more and more people to move into new, and often larger homes, outfitting these living spaces has become top-of-mind. However, with the rise of eCommerce, in-store furniture shopping has become passé – consumers are going digital instead. To help brands and retailers navigate this changing landscape, we’ll analyze the digital performance of top online furniture sites, using our eCommerce solutions, Research and Shopper Intelligence.
In May 2021, Shein made headlines by overtaking Amazon as the number one shopping app on iOS and Android. The June announcement that Shein may IPO at a $47 billion valuation rattled public attention again. How did this Chinese app seemingly emerge out of nowhere to become the most downloaded in the U.S.? In this article, we’ll use data from our eCommerce solutions Research Intelligence and Shopper Intelligence, to analyze Shein and see if it’s truly a threat to retailers like Amazon and Walmart. Hold your breath for the Shein vs. Amazon face-off.
An earnings report gives investors the opportunity to assess a company’s alpha-generating potential. Some of the critical questions that earnings can answer are: Is the company growing fast enough? How profitable is it? Which are the best-performing segments? And ultimately, is the company poised for long-term success? Based on this information, an investor may decide to hold the stock long-term or to sell as soon as possible.
Your CEO says it’s too aggressive, the product manager says it’s too vague, the sales rep says it’s too long, and support? Well, they feel it doesn’t do much to answer the main questions customers usually ask. For digital researchers or market analysts, this scenario is all too familiar. You just can’t please everyone…or can you? With market segmentation, companies can optimize their digital strategies using an array of targeted messages and content specific to their audience, making sure that everyone, from C-levels to marketers, and customers included, are happy and on the same page.
Chewy is coming out of an exceptionally strong Q1 due in large part to the 2020 national trend towards pet adoption. With investor expectations high and very bullish management guidance in their last call, Chewy will need to deliver dazzling results to satisfy the market. Aggregate active customer growth is strong. However, Similarweb data suggests that the share of the all-important active customers versus non-Autoship customers (Chewy’s subscription program) is in clear decline.
Much like the timeless album cover of Dark Side of the Moon, the pandemic has been a prism for online retailers. It’s now July 2021, and a lot of us are locked up inside with nothing but Pink Floyd’s sampled sounds – like coins in a cash register at the start of Money – to remind us of the outside world. Online shopping has become the norm, and Australians are buying groceries, clothes, and recreational items with a click of their mouse or a swipe of their screen in never-before-seen numbers.
Walmart and Amazon, the largest retailers in the world, brought in nearly $1 trillion combined revenue last year. Though Walmart’s $559 billion edged out Amazon’s $386 billion, the retailers are neck-and-neck. Who will win in the battle of Amazon vs. Walmart? To analyze this nail-biting race and determine which retailer may be the best fit for your brand, we’ll dig into the history, strategies, and digital performance of Amazon and Walmart, pulling in insights from Research Intelligence, one of our eCommerce tools for online sellers and brands. Let’s see how the battle plays out.
Zoom Video Communications (ZM) is on the cusp of its fiscal second quarter earnings report on August 30. As expected, Zoom’s momentum is fading as lockdowns ease and on-site activity returns. Shares are underperforming year-to-date, even when compared to the overall video conferencing space. That’s despite an easy FQ1 earnings beat with 191% sales growth. In short, Zoom’s risk-reward ratio has now undeniably shifted. Even though many organizations now offer a more flexible work environment, especially with the COVID resurgence, Zoom will naturally struggle to replicate its 2020 growth levels.
It’s been a wild ride for the travel industry as we try to enter post-pandemic territory. And we’re not there yet. While current COVID travel trends indicate that some areas have recovered, others have much further to go with a future that’s complicated by new variants. Our industry consultant, Alisha Kapur, featured in Yahoo Finance, teamed up for a webinar with Tim Davis, the Managing Director of travel industry consulting group PACE Dimensions to give businesses insights using our travel intelligence tool on how you can prepare what’s next for the travel and tourism space.
Walmart (WMT) is heading into second quarter earnings on the back of a surprisingly positive first quarter. In its last earnings release, the click-and-mortar retail giant delivered impressive grocery sales and better-than-expected eCommerce growth. It also boosted its outlook for the full fiscal year. Now the key question is: Can the world’s largest retailer ensure that eCommerce sales growth stabilizes in the coming quarters? Walmart needs digital sales to stay strong even as multi-device in-store shopping picks up again.
According to Gary Shapiro, CEO of the Consumer Technology Association, the pandemic “pushed the fast-forward button on tech adoption.” We agree. So, we recently released the State of Consumer Electronics report. Using our eCommerce solutions (Research and Shopper Intelligence), we’ve identified the consumer trends propelling the U.S. electronics industry in H1 2021. Plug into our highlights, and power up with top takeaways to help you successfully navigate and thrive in the ever-evolving consumer electronics industry.
With the games sprinting ahead in Tokyo, it’s all about scoreboards these days. In the spirit of healthy competition, we used Shopper Intelligence to break down top brands and onsite-search terms for select Amazon categories. Check out who ranked first, second, and third based on units sold in June 2021, plus, get powerful insights so your brand can win a medal next month.
After skyrocketing during the pandemic, Etsy is up just 6% so far this year. That’s despite the eCommerce stock smashing first quarter earnings estimates. But Etsy also warned of slowing revenue growth and gross merchandise sales. As global lockdowns ease and on-site activity returns, what will happen next for the handmade and vintage online marketplace? In this report, we analyze Etsy’s digital footprint as a window into 2Q21 earnings, using Similarweb’s powerful Stock Intelligence data.
Heading into Peloton earnings on August 26, Peloton (PTON) is in a tricky spot. Shares are down 27% year-to-date, as investors question the sustainability of elevated pandemic growth levels. Negative headlines around the safety of its new high-end treadmill Tread+ have also weighed on the stock, with the repercussions already filtering through into next quarter’s guidance. But PTON is fighting back, moving into the lucrative corporate wellness space, with big names like Wayfair and Samsung already on board.
For many, there’s an inherent thrill that comes with online gambling. The risk, the high stakes, the rewards can be addicting. And like so many other popular pastimes, gambling has not been impervious to the digital revolution. Think about it, there’s really no need anymore to drive to the local casino or take a trip to Las Vegas to get your fix. Technology has transformed our living rooms into our own personal casino royales filled with Texas Hold ‘Em, Roulette, Blackjack, and more.
2021 has already seen a number of initial public offerings (IPOs) from the fashion industry, including Dr Martens, Poshmark and ThredUp. Shein is expected to be the next one to go public in what Forbes reports to be a possible $47 billion valuation IPO. If this happens, it could make the Shein IPO the largest IPO in history to date, wiping the floor with the current title holder, Alibaba, and its $25 billion IPO back in 2014. Shein, the Chinese eCommerce company targeting Gen Z customers, is the fastest of fast fashion retailers, apparently adding over 5,000 new products to its site every single day!