Tag: Consumer

ITCAN Adapts To Changing Consumer Needs Amidst Accelerated Shift Towards Online Platforms During The COVID-19 Crisis


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Established in 2015, ITCAN, a full-service technology and digital marketing company, was founded by Mansour Althani and Abdallah Althani. The two Saudi nationals, who started the company with zero funding, today have a firm with workforce of over 70 employees dispersed across four offices. With its main office headquartered in the UAE, the remaining are ITCAN offices are based in KSA, Egypt, and a recently opened one in India.

After winning the Young Entrepreneurship Contest (YEC), which was presented by the Mohammed Bin Rashid Establishment for SME Development, in 2012, for an online clothing store concept, the Althani’s still felt they lacked the required experience to successfully run a startup. After having gained practical experience in the marketing field over the next few years, Mansour

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Weekly High Frequency Indicators: Consumer Spending Negative For The Second Week In A Row

Purpose

I look at the high frequency weekly indicators because while they can be very noisy, they provide a good nowcast of the economy, and will telegraph the maintenance or change in the economy well before monthly or quarterly data is available. They are also an excellent way to “mark your beliefs to market.” In general, I go in order of long-leading indicators, then short-leading indicators, then coincident indicators.

A Note on Methodology

Data is presented in a “just the facts, ma’am” format with a minimum of commentary so that bias is minimized.

Where relevant, I include 12-month highs and lows in the data in parentheses to the right. All data taken from St. Louis FRED unless otherwise linked.

A few items (e.g., Financial Conditions indexes, regional Fed indexes, stock prices, the yield curve) have their own metrics based on long-term studies of their behavior.

Where data is seasonally adjusted,

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The Future Of Consumer Buying Will Drive The Reinvention Of Your Business

Any firm that sells to consumers must understand how four factors will influence their customers as well as their own business, and they need to start planning now to harness these trends to maximize the value of customer relationships. 

Forrester recently explored changes in how consumers buy products and services. The relationship between consumers and businesses is undergoing a multifaceted transformation based on four factors: the economic impact of marketplaces, next-generation product experiences, consumers’ perception of brand values and brands’ adoptions of business models. Any firm that sells to consumers must understand how these factors will influence their customers as well as their own business, and they need to start planning now to harness these trends to maximize the value of customer relationships. 

The effects will be far-reaching. Firms must not only navigate the four broad and interconnected forces of change, but they must be prepared to innovate continuously as

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Aroma Chemicals Market – Post Pandemic Recovery Plan Strategies and Processes | Change in Consumer Preferences to Boost Market Growth

The aroma chemicals market is expected to grow by USD 1.70 billion during 2020-2024. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. We expect the impact to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200914005789/en/

Technavio has announced its latest market research report titled Global Aroma Chemicals Market 2020-2024 (Graphic: Business Wire)

Request challenges and opportunities influenced by COVID-19 pandemic – Request a Free Sample Report on COVID-19 Impacts

Changing lifestyles and the growth in disposable incomes have increased the consumer spend on quality products. Also, consumers are increasingly becoming aware of personal care and grooming. Besides, since 2015, the market has witnessed an increase in the preference for personal care products with enhanced perfumes, both from

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Weekly High Frequency Indicators: First – Ambiguous – Evidence Of Consumer Spending Downturn

Purpose

I look at the high frequency weekly indicators because while they can be very noisy, they provide a good nowcast of the economy and will telegraph the maintenance or change in the economy well before monthly or quarterly data is available. They are also an excellent way to “mark your beliefs to market.” In general, I go in order of long-leading indicators, then short-leading indicators, then coincident indicators.

A Note on Methodology

Data is presented in a “just the facts, ma’am” format with a minimum of commentary so that bias is minimized.

Where relevant, I include 12-month highs and lows in the data in parentheses to the right. All data taken from St. Louis FRED unless otherwise linked.

A few items (e.g., Financial Conditions indexes, regional Fed indexes, stock prices, the yield curve) have their own metrics based on long-term studies of their behavior.

Where data is seasonally adjusted,

Read More

World Consumer Durables & Apparel Analysis 2020 – Coverage of Top 50 Companies Ranked by Sales and Revenue

DUBLIN, Sept. 11, 2020 /PRNewswire/ — The “Top 50 Reports for Consumer Durables & Apparel” report has been added to ResearchAndMarkets.com’s offering.

The Global Top 50 Reports for the Consumer Durables & Apparel Industry service contains a comprehensive report for each of the top 50 companies in the industry (ranked by sales or revenue).

These fundamental data reports are derived from the Worldscope Database which covers over 98% of the world’s market capitalization and represents the leading public companies in over 100 countries. The proprietary Quality Rating – a measure of corporate risk – is assigned to each company.

Product Features:

  • Timely and accurate information on the leading companies in the global industry
  • Unified Format across the world (consistent format for all companies and countries)
  • Deep research content (up to 10-years of historical analysis)
  • Broad base of research (up to 40 unique sub-reports on each company)
  • Proprietary Quality Rating
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World Consumer Durables & Apparel Analysis 2020

DUBLIN, Sept. 11, 2020 /PRNewswire/ — The “Top 50 Reports for Consumer Durables & Apparel” report has been added to ResearchAndMarkets.com’s offering.

The Global Top 50 Reports for the Consumer Durables & Apparel Industry service contains a comprehensive report for each of the top 50 companies in the industry (ranked by sales or revenue).

These fundamental data reports are derived from the Worldscope Database which covers over 98% of the world’s market capitalization and represents the leading public companies in over 100 countries. The proprietary Quality Rating – a measure of corporate risk – is assigned to each company.

Product Features:

  • Timely and accurate information on the leading companies in the global industry
  • Unified Format across the world (consistent format for all companies and countries)
  • Deep research content (up to 10-years of historical analysis)
  • Broad base of research (up to 40 unique sub-reports on each company)
  • Proprietary Quality Rating
Read More

London consumer spending soars during cheap meal scheme : CityAM

The Eat Out to Help Out scheme gave London restaurants a huge boost in August, with spending jumping to just 10 per cent below its 2019 level, according to the latest data provided exclusively to City A.M.

Food and beverage spending in London in July was a whopping 39.1 per cent lower than a year earlier, showed figures from Fable Data, which tracks card payments and bank transactions.

Read more: More than 100m meals eaten through Eat Out to Help Out scheme

But chancellor Rishi Sunak’s cheap meal scheme helped push up spending in the sector to only 9.8 per cent below its 2019 level last month.

In London overall, total consumer spending was 10.6 per cent higher in August than a year earlier. It had been 27.2 per cent lower in July.

“The scheme was undoubtedly a widespread success for those businesses that were open and chose to take

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Jifiti Partners with Mastercard to Scale Point of Sale Consumer Financing Solutions

The MarketWatch News Department was not involved in the creation of this content.

As more people enter the digital economy, credit and consumer financing is evolving – providing increased flexibility for more people, catering to new shopping trends and behaviors, and empowering retailers with new experiences. To meet shifting consumer demands, Jifiti has today announced the expansion of its partnership supporting both merchants and issuers with Mastercard, to scale its point of sale installments offering to provide more options for consumers at checkout.

“We’re proud to be expanding our partnership with Mastercard, a global payment and technology company that is so committed to delivering value to merchants and consumers,” shared Yaacov Martin, Co-Founder and CEO at Jifiti. “Together, we are bridging the gap between merchants, consumers and lenders by offering a minimal-integration platform. The key to success in the retail space is the ability to quickly test, launch and roll

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Global Consumer Durables & Apparel Analysis 2020 – Coverage of Top 50 Companies Ranked by Sales and Revenue

The “Top 50 Reports for Consumer Durables & Apparel” report has been added to ResearchAndMarkets.com’s offering.

The Global Top 50 Reports for the Consumer Durables & Apparel Industry service contains a comprehensive report for each of the top 50 companies in the industry (ranked by sales or revenue).

These fundamental data reports are derived from the Worldscope Database which covers over 98% of the world’s market capitalization and represents the leading public companies in over 100 countries. The proprietary Quality Rating – a measure of corporate risk – is assigned to each company.

Product Features:

  • Timely and accurate information on the leading companies in the global industry
  • Unified Format across the world (consistent format for all companies and countries)
  • Deep research content (up to 10-years of historical analysis)
  • Broad base of research (up to 40 unique sub-reports on each company)
  • Proprietary Quality Rating (provides a measure of corporate risk)
  • Deeply
Read More