Tag Archive for Consumer Behavior

Global DOOH Revenue Growth Continues to Accelerate

Global DOOH Revenue Growth Continues to Accelerate

Global Revenue for Digital Place Based Networks Grows 8.4% in 2013; Strong Gains By Transit and Healthcare

STAMFORD, CT — Digital out-of-home (DOOH) media will continue to see double-digit growth, according to the latest forecast by PQ Media. PQ Media’s latest report, Global Digital Out-of-Home Media Forecast 2014-18, found that key indicators for the first-half of 2014 are pointing to accelerated growth for DOOH media of 11.3% by year’s end. DOOH advertising spending has been boosted by a combination of global economic momentum, two sporting mega-events, and increased healthcare, political, and transit advertising spending.

According to PQ Media, both developed and emerging markets stuttered in 2013 due to challenges posed by debt issues, asset bubbles, political tensions and slower economic growth. Digital out-of-home (DOOH) media operators defied the economic and political headwinds worldwide grinding out a 9.3% revenue gain to $8.86 billion in 2013. These issues filtered down to ad-driven media, which also faced tough comparisons with 2012 as a result of the even-year boost from pivotal sporting and political events. Roadside digital billboards and cinema-based video networks, the two largest location categories, were the most affected verticals in 2013.

While global DOOH revenue growth decelerated again in 2013, consumer exposure to DOOH increased at the same rate as in 2012, rising 7.2% to an average of 14 minutes per week. Key growth drivers included new deployments and the expansion of existing DOOH media in high-traffic areas of the world’s largest cities. Average consumer exposure is pacing for accelerated 9.5% growth in 2014, driven by higher engagement with newly launched DOOH networks, particularly during the Winter Olympics in Russia and the World Cup in Brazil.

US DOOH media revenues rose at an accelerated 8.7% in 2013, driven by strong growth in healthcare nets, which benefited from new ad dollars related to the Affordable Care Act. DPN revenues increased 9.5%, as the transit and entertainment categories joined healthcare to offset slower growth in retail and cinema. US DBB revenues were up 7.2% in 2013, the lowest growth rate since PQ Media began tracking DOOH.

Asia-Pacific was the largest of the four global regions in 2013, with aggregate revenues of $3.83 billion, fueled by surging growth in Australia and a strong rebound in Japan. The US remained the world’s largest DOOH market, with $2.37 billion in revenues, followed by China at $1.87 billion. The injection of ad spending and new deployments ahead of the World Cup helped Brazil’s DOOH industry grow at the fastest rate, rocketing 41.9%, followed by Australia at 23.6%.

Global Digital Place Based Media Faces Challenges

PQ Media’s forecast defines DOOH media by two major platforms, digital place-based networks (DPN) and digital billboards and signage (DBB). In addition, the forecast includes more than 10 key indoor/outdoor locations, including roadside, cinema, retail, transit, healthcare and entertainment.

DPNs generated 71% of global DOOH revenues in 2013, growing 8.4% to $6.26 billion, a slight deceleration from 2012. Slow-moving economies weighed on cinema, the largest DPN vertical, resulting in several global markets to post revenue declines. Global cinema networks had the worst year in recent memory produced the weakest years on record, although some slack was picked up by US cinema nets, which had their best year since 2010, as well as strong gains by transit and healthcare DPNs.

Although global revenue is on pace for faster growth in 2014, several challenges continue to shadow DPN operators, including issues related to standardized measurement, planning and buying systems, mobile media integration, and operator consolidation and its impact on network scale.

Mergers and Acquisitions Accelerating

“From the Americas to Asia-Pacific, financial transactions involving DPN operators continued unabated in 2013 and the first-half of 2014,” said Patrick Quinn, CEO, PQ Media. “A diverse group of deals were consummated across the vertical spectrum, including cinema, healthcare, corporate and transit networks, reaffirming that consolidation is accelerating and likely to churn for several more years.”

Among the major M&A deals announced in 2013-14 were National CineMedia’s proposed acquisition of Screenvision; Captivate Network’s planned purchase of the Wall Street Journal Office Network; and Cineplex’s acquisition of EK3 Technologies. Notable equity investments included those involving Captivate, GSTV, Mood Media and Eletromidia. And while the enigmatic RMG Networks went public, the esoteric Focus Media went private.

Mobile and Digital Place Based Media

The rapid growth of mobile media has created the proverbial “frenemy” for DPN operators, as it has become imperative to integrate mobile technology into ad campaigns, particularly those aimed at post-Boomer generations. Driving consumer engagement through mobile interactivity will only become more important with each passing year. DPNs are already being squeezed by mobile, with brands increasingly demanding mobile components to their integrated media campaigns.

“To put this juggernaut into perspective, our research indicates that mobile media revenues from the US alone will be larger than the entire global DOOH industry by year-end 2014,” Quinn said, referring to data from PQ Media’s Global Digital Media & Technology Series.

Digital Billboards Revenue Rebounds

Meanwhile, DBB growth slowed for the second consecutive year in 2013, rising 11.5% to $2.6 billion. The sharp deceleration was mainly due to local government rulings that led to digiboards being shuttered in major metros, such as Los Angeles and Moscow. Nevertheless, OOH operators continue to transition static signs to digital for the simple reason that digisigns generate higher revenues and margins.

In addition, digital screens placed in and around transit hubs, sporting venues and busy roadside locations have become must-buys for brands during major sporting events and political campaigns because they reach on-the-go consumers with a combination of dynamic ads and real-time results. For example, the increasing amount of soft money and third-party groups involved in US elections drove double-digit increases in political ad spending on OOH media in 2010 and 2012. DBBs were a key contributor due to their ability to tail

Free 10 Page Report Aimed at CMOs, Media Strategists, and Digital Place-based Network Operators Provides Insight Into Programmatic Buying Solutions for Digital Place-based Advertising

Programmatic systems have transformed the media buying process, enabling brands and their agencies to simplify and streamline the purchase of online audiences. While programmatic buying accounts for more than half of all online display purchases today, it’s still a relatively new concept for the digital place-based advertising space.

ScreenMedia Daily’s report examines the issues surrounding the planning and buying process for Digital Place Based media. Digital Place Based (DPB) media, also known as Digital Out-of-Home (DOOH) advertising utilizes strategically placed, networked digital signage displays to reach on-the-go consumers while they are outside their home with highly targeted messages. Digital Place Based networks typically broadcast targeted content along with advertising in venues that have high dwell time. DPB media is part of a larger multi-screen campaign planning ecosystem that includes mobile, desktop and television.

Programmatic Buying and Digital Place-based MediaThe report, Programmatic Buying and Digital Place-based Media, is aimed at CMOs, media strategists, and digital out-of-home operators, and provides insight into how programmatic buying solutions can help make the medium easier to transact.

Highlights from this report include:

•    Challenges in buying digital place-based media

•    Insight into programmatic initiatives aimed at making transactions easier

•    Q&A with industry thought leaders surrounding programmatic buying

Download your free copy here

The post Global DOOH Revenue Growth Continues to Accelerate appeared first on ScreenMedia Daily, the source for Digital Out-of-Home Media and Location-based Mobile Advertising News

DPB Media Recaptures Lost TV Viewers

DPB Advertising Delivers More Impressions Than Leading Network Primetime Shows

DPB Media Networks Deliver More Ad Impressions Than Leading Network Primetime Shows and Top Basic Cable

NEW YORK, NY — Advertisers looking for greater campaign reach will find the latest DPB Media report by the Digital Place Based Advertising Association (DPAA) of interest. According to the DPAA, Digital Place Based (DPB) networks deliver more ad impressions among 18-49 year-olds on a monthly basis, compared to the top 25 network primetime shows and top 20 basic cable networks. The information is based on an analysis of reported Nielsen data.

DPB Networks vs. Top 25 Primetime Network TV Shows, Adults 18-49 Monthly Impressions*

Monthly DPB Impressions (1) Top 25 Primetime TV Programs (2)
Millions Millions DPB Index
Adults 18-49 619.2 480.4 129

 

DPB Networks vs. Top 20 Basic Cable Networks, Adults 18-49 Monthly Impressions*

Monthly DPB Impressions (1) Top 20 Basic Cable Networks, Primetime (2)
Millions Millions DPB Index
Adults 18-49 619.2 375.5 165

Source:
(1) Nielsen On Location Place-based Video Reports for Top 20 networks; (2) Nielsen for Basic Cable Network Viewers in Primetime (from deadline.com)

“These eye-opening numbers illustrate the ability of DPB networks to extend the reach of television campaigns. Consumers are no longer tethered to their television screens, and so the challenge for advertisers is figuring out how to make sure their video campaigns maintain high levels of effectiveness,” said Barry Frey, president & chief executive officer, DPAA. “As our analysis shows, incorporating DPB media into the video ad mix is one way to recapture those ‘lost’  as well as light TV viewers.”

Scott Marden, vice president, marketing and research, Captivate Network and chairman of DPAA’s research and standards committee, said, “The significant growth in delivery for our industry now provides advertisers the scale they desire, while continuing to provide the quality audience and programming they’ve come to rely on. DPB networks are benefiting nicely from their consistent growth in audience and impressions.”

Digital place based media’s ability to deliver substantial impressions is one of the many topics that will be examined at the DPAA’s 7th annual Video Everywhere Summit on Tuesday, Nov. 4 at Crowne Plaza Times Square in New York.

This year’s event will feature its deepest-ever lineup of ad agency speakers, including  Chris Boothe, chief executive officer, Spark; Martin Cass, chief executive officer, Assembly and MDC Media Partners; Jeff Dow, global executive vice president, digital, data & analytics, SMG; Lori Hiltz, chief executive officer, Havas Media NA; Sallie Mars, senior vice president, chief diversity officer, McCann Worldwide; Anush Prabhu, partner, chief channel planning & investment officer, Deutsch; Jay Sears, senior vice president marketplace development, The Rubicon Project; Stephen Tisdalle, senior vice president, head of brand marketing, Oppenheimer Funds; Antony Young, president, Water Cooler Group; and Shelley Zalis, chief executive officer, IPSOS OTX.

The Video Everywhere Summit is the only conference truly dedicated to video neutral planning, activation, clients’ use of multi-screen strategies and the role of digital place-based in today’s media ecosystem. In addition to the wide range of dynamic panels, presentations and sessions, the Summit will feature an expansive, hands-on exhibit hall that will enable attendees to experience and interact with digital place-based media.

Registration is open at www.videoeverywheresummit2014.com. The Summit will be held in New York the same week as two other major media and advertising events: Ad-Tech New York and Customer Engagement Technology World, both slated for Nov. 5-6.

* Methodology for DPAA Analysis of Reported Nielsen data

DPB Impressions: Monthly impressions for the top 20 DPB networks are for typical ad schedules of Nielsen-measured networks included in various Nielsen On Location Place-Based Reports.  Month is defined as 28 days in these reports.

TV Impressions: Monthly impressions for the top 25 primetime TV programs were calculated by multiplying each program’s average audience by four for monthly impressions and summing across the top 25 TV programs (Nielsen, from deadline.com, May 22, 2014 for full 2013/2014 TV season). Monthly primetime impressions for the top 20 basic cable networks were calculated by multiplying each cable network’s average audience by 28 for monthly impressions and summing across the top 20 networks (Nielsen, from deadline.com, December 29, 2013).

Free Trend Report: Why Location Is the New Currency of Marketing

Free Trend Report: Why Location Is the New Currency of MarketingTraditional methods of advertising have become less effective as consumers spend less time in places where marketers have traditionally had an advantage in reaching them. Consumer attention has fragmented across multiple channels as media options and device platforms increasingly diversify. Finding effective ways to deliver branded messages in today’s complex media environment is one of the biggest challenges facing advertisers.

Active consumers spend money, and while they are going about their daily routine, they are also actively looking for information. According to Google, more than 50% of all mobile searches have local intent, and 17% of search happens while consumers are on the go.

There has never been a better time for marketers to reach on-the-go consumers. This special report provides detailed information on Digital Place Based (DPB) media and Location-based Mobile (LbM) marketing. Digital Place Based media, also known as Digital Out-of-Home (DOOH) advertising utilizes strategically placed, networked digital signage displays to reach on-the-go consumers while they are outside their home with highly targeted messages. Digital Place Based networks typically broadcast targeted content along with advertising in venues that have high dwell time. Location-based mobile and digital place-based media are part of a larger multi-screen campaign planning ecosystem that includes desktop and television.

Why Location Is the New Currency of Marketing is aimed at CMOs, media buyers and strategists and provides insight into why marketers are increasingly shifting their advertising dollars to these rapidly emerging media platforms.

Highlights from Why Location Is the New Currency of Marketing include:

  • The Connected Consumer
  • Leveraging the Moment
  • Multiscreen Campaign Planning
  • Amplifying Reach With DPb Media

Download your free copy here

The post DPB Media Recaptures Lost TV Viewers appeared first on ScreenMedia Daily, the source for Digital Out-of-Home Media and Location-based Mobile Advertising News

MediaPost Digital Out-of-Home Awards to be Presented in Conjunction With DPAA’s 2014 Video Everywhere Summit

MediaPost's Digital Out-of-Home Awards to be Presented in Conjunction With DPAA’s 2014 Video Everywhere Summit

MediaPost Award Program to Cap Off Full-Day Event; DPAA Announces Additional Speakers to Address Topics Including Programmatic, Cross-Media, Mobile Activation and More

NEW YORK, NY — The Digital Place Based Advertising Association (DPAA) and MediaPost announced today that the 6th annual MediaPost Digital Out-of-Home Awards ceremony will be presented in conjunction with the DPAA’s annual Video Everywhere Summit. The 7th annual Summit will be held Tuesday, Nov. 4 at Crowne Plaza Times Square in New York. Registration for the Summit is open at www.videoeverywheresummit2014.com, with early bird pricing available until August 1.

MediaPost’s Digital Out-of-Home Awards honor the most creative, innovative and effective advertisements in the realm of digital out-of-home media, covering 32 categories including the digital place based sector. The awards recognize the best work in out-of-home venues, innovative work by industry verticals and the best uses of the platforms themselves.

Barry Frey, DPAA’s president & chief executive said, “The addition of the MediaPost Digital Out of Home Awards program brings an exciting new dimension to our Video Everywhere Summit and will be a terrific showcase for our industry’s best work.”

As for the additional speakers, Frey said, “This is the deepest lineup of marketing experts that we’ve ever lined up to speak at our Summit. We’re going to hear some very provocative discussions and keen insights on important topics including programmatic, cross-media, digital place based success stories, mobile activation, managing growth and more.”

Kenneth Fadner, chairman of MediaPost, sees a great fit between the DPAA’s Video Everywhere Summit and the 6th Annual Digital Out of Home Awards. “We are delighted to be presenting our awards that evening,” he said. “It should make a great pairing for the industry.”

In addition to announcing its collaboration with MediaPost, DPAA today released the latest list of senior industry leaders who have committed to speak at the event.

New additions to the speaker roster include:

  • Martin Cass, chief executive officer, Assembly and MDC Media Partners
  • Jeff Dow, global executive vice president, digital, data & analytics, SMG
  • Cat Greenleaf, host, “Talk Stoop with Cat Greenleaf” and USA Network Daytime
  • Rob Griffin, executive vice president, global head of digital, Havas Media
  • Lori Hiltz, chief executive officer, Havas Media NA
  • Greg Kahn, chief executive officer, GKmediaBUZZ
  • Anush Prabhu, partner, chief channel planning & investment officer, Deutsch
  • Stephen Tisdalle, senior vice president, head of brand marketing, Oppenheimer Funds
  • Antony Young, president, Water Cooler Group
  • Julian Zilberbrand, executive vice president activation standards, insights & technology, Zenith

Go to www.videoeverywheresummit2014.com for the full roster of speakers.

The Summit is the only conference truly dedicated to video neutral planning, activation, clients’ use of multi-screen strategies and the role of digital place based in today’s media ecosystem and will feature an expansive, hands-on exhibit hall that will enable attendees to experience and interact with digital place based media. A record crowd in excess of 600 is expected.

Free Trend Report: Why Location Is the New Currency of Marketing

Free Trend Report: Why Location Is the New Currency of MarketingTraditional methods of advertising have become less effective as consumers spend less time in places where marketers have traditionally had an advantage in reaching them. Consumer attention has fragmented across multiple channels as media options and device platforms increasingly diversify. Finding effective ways to deliver branded messages in today’s complex media environment is one of the biggest challenges facing advertisers.

Active consumers spend money, and while they are going about their daily routine, they are also actively looking for information. According to Google, more than 50% of all mobile searches have local intent, and 17% of search happens while consumers are on the go.

There has never been a better time for marketers to reach on-the-go consumers. This special report provides detailed information on Digital Place Based (DPB) media and Location-based Mobile (LbM) marketing. Digital Place Based media, also known as Digital Out-of-Home (DOOH) advertising utilizes strategically placed, networked digital signage displays to reach on-the-go consumers while they are outside their home with highly targeted messages. Digital Place Based networks typically broadcast targeted content along with advertising in venues that have high dwell time. Location-based mobile and digital place-based media are part of a larger multi-screen campaign planning ecosystem that includes desktop and television.

Why Location Is the New Currency of Marketing is aimed at CMOs, media buyers and strategists and provides insight into why marketers are increasingly shifting their advertising dollars to these rapidly emerging media platforms.

Highlights from Why Location Is the New Currency of Marketing include:

  • The Connected Consumer
  • Leveraging the Moment
  • Multiscreen Campaign Planning
  • Amplifying Reach With DPb Media

Download your free copy here

The post MediaPost Digital Out-of-Home Awards to be Presented in Conjunction With DPAA’s 2014 Video Everywhere Summit appeared first on ScreenMedia Daily, the source for Digital Out-of-Home Media and Location-based Mobile Advertising News

Screen Shifting Increases, But Behavior Varies With Content and Device Type

Multiple Device Usage On the Rise, But Behavior Varies With Content and Device Type

Faster Network Access Combined With Multiple Device Ownership Fueling Cross-Screen Behavior, Mobile Only Usage Accelerates

BALTIMORE, MD — Faster network access across the globe along with access to multiple devices is accelerating screen shifting behavior. A new study reports that more than 70 percent of people now access the Internet using both mobile and desktop computers, up from 63 percent a year ago, due to consumers’ increased comfort moving across a number of devices to stay connected and consume content, according to a report by Millennial Media and comScore.

Millennial Media’s study, Cross-Screen Consumer Behavior Decoded, explores how demographics, content, and time of day influence cross-screen consumer behavior. The study analyzed cross-screen behaviors and content consumption among four key demographic groups: 18- to 24-year-olds, men aged 25-49, women aged 25-49, and people over the age of 50. Among the study’s findings include:

  • Mobile-only users ages 18-24 grew six percentage points in the last year, while their time spent on smartphones grew 20 percent.
  • The number of mobile users aged 50+ grew 17 percent, while the number of 50+ desktop-only users decreased by the same amount.
  • Mobile-only users have grown at nine times this rate, while desktop-only users have decreased 45 percent during the same period. Internet use continues to expand – up four percent since April 2013 to 201 million users.

“The challenge for marketers is to understand how to communicate effectively with today’s cross-platform customers and uncover the right opportunities to reach them,” said Mollie Spilman, EVP, Global Sales and Operations at Millennial Media. “Our cross-screen report is designed to educate the industry on user behavior and how to best reach audiences as they move across screens throughout the day. To be successful marketers, we must create consistent experiences, independent of the media we use in our daily lives.”

Buyers See Smartphones, Tablets, and PCs as a Single Continuum of Connected Devices Separated Primarily By Screen SizeThe study also reveals that cross-screen behavior varies dramatically by the type of content consumed:

  • More than 60 percent of online time spent with weather content occurs on a smartphone. Other top smartphone content usage includes Streaming Radio (79%), Games (79%, and Social Media (61%).
  • Eighty percent of time spent with B2B content is still accessed on a desktop. Other top desktop content types include Business/Finance (62%) and Sports (56%).

Free Trend Report: Why Location Is the New Currency of Marketing

Free Trend Report: Why Location Is the New Currency of MarketingTraditional methods of advertising have become less effective as consumers spend less time in places where marketers have traditionally had an advantage in reaching them. Consumer attention has fragmented across multiple channels as media options and device platforms increasingly diversify. Finding effective ways to deliver branded messages in today’s complex media environment is one of the biggest challenges facing advertisers.

Active consumers spend money, and while they are going about their daily routine, they are also actively looking for information. According to Google, more than 50% of all mobile searches have local intent, and 17% of search happens while consumers are on the go.

Digital place-based (DPb) media is unique because it intercepts on-the-go consumers with relevant, highly targeted messages as they move through the day. Location-based mobile and digital place-based media are part of a larger omnichannel ecosystem that effectively amplifies brand messages to create a deeper level of engagement with active consumers.

Why Location Is the New Currency of Marketing is aimed at CMOs, media buyers and strategists and provides insight into why marketers are increasingly shifting their advertising dollars to these rapidly emerging media platforms.

Highlights from Why Location Is the New Currency of Marketing include:

  • The Connected Consumer
  • Leveraging the Moment
  • Multiscreen Campaign Planning
  • Amplifying Reach With DPb Media

Download your free copy here

The post Screen Shifting Increases, But Behavior Varies With Content and Device Type appeared first on ScreenMedia Daily, the source for Digital Out-of-Home Media and Location-based Mobile Advertising News

Real-time Transit information Increases Use of Public Transportation Alternatives

Real-time Transit information Increases Use of Public Transportation Alternatives

TransitScreen and Engrain Helps Commuters See Nearby Transit Options, Including Bus, Train and Subway Information

DENVER, CO — One of the most important aspects to slowing the effects of climate change is encouraging people to change their day-to-day behavior to lower their overall carbon footprint. However, changing behavior takes time and often requires incentives to compel people to change established routines and use patterns.

One of the most effective behavioral incentives is figuring out better ways to provide convenience and easy of use. And that’s exactly why transit agencies and local municipalities around the globe have introduced smartphone apps in recent years to encourage residents and visitors to use mass transit systems. Transit apps can help daily commuters and tourists determine the best routes to take and provide up-to-the minute transit line status and advisories.

Because of digitization, people now have more than one channel in which to retrieve information. In addition to mobile applications, street-level kiosks now provide interactive digital signage displays with local information and wayfinding assistance.

A new partnership between TransitScreen, a San Francisco-based developer of real-time transit information displays and Engrain, a developer of touchscreen-based property tours and resident interaction systems, has announced the release of a new service called TouchTour Transit, to provide up-to-the-minute information on local public transportation. The system provides a live feed that will show details on all nearby transit options, including bus, train and subway lines as well as bikeshare and carshare availability.

“Many people are reluctant to use public transportation simply because they don’t have easy access to comprehensive information on the choices available,” said Melissa Pasquale, vice president of product development at Engrain. “TouchTour Transit will remove that hurdle in communities that have our panels. We’re excited to be working with the TransitScreen team.”

Engrain’s TouchTour panels, along with standard digital signage screens, are being installed in apartment and condominium communities in a growing number of U.S. cities.

“Our immediate goal with TransitScreen data is to help a person get from point A to point B,” said Ryan Croft, vice president of business development at TransitScreen. “But the broader vision is about educating people, encouraging behavior change and getting more cars off the streets. Our partnership with Engrain, and the ability to inform residents in multifamily communities as they begin their travels, is perfectly aligned with that vision.”

Free Trend Report: Why Location Is the New Currency of Marketing

Free Trend Report: Why Location Is the New Currency of MarketingTraditional methods of advertising have become less effective as consumers spend less time in places where marketers have traditionally had an advantage in reaching them. Consumer attention has fragmented across multiple channels as media options and device platforms increasingly diversify. Finding effective ways to deliver branded messages in today’s complex media environment is one of the biggest challenges facing advertisers.

Active consumers spend money, and while they are going about their daily routine, they are also actively looking for information. According to Google, more than 50% of all mobile searches have local intent, and 17% of search happens while consumers are on the go.

Digital place-based (DPb) media is unique because it intercepts on-the-go consumers with relevant, highly targeted messages as they move through the day. Location-based mobile and digital place-based media are part of a larger omnichannel ecosystem that effectively amplifies brand messages to create a deeper level of engagement with active consumers.

Why Location Is the New Currency of Marketing is aimed at CMOs, media buyers and strategists and provides insight into why marketers are increasingly shifting their advertising dollars to these rapidly emerging media platforms.

Highlights from Why Location Is the New Currency of Marketing include:

  • The Connected Consumer
  • Leveraging the Moment
  • Multiscreen Campaign Planning
  • Amplifying Reach With DPb Media

Download your free copy here

The post Real-time Transit information Increases Use of Public Transportation Alternatives appeared first on ScreenMedia Daily, the source for Digital Out-of-Home Media and Location-based Mobile Advertising News

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