From Black Friday to Cyber Monday to Singles Day, to say that online shopping is booming around the globe would be a far, far understatement.
US shoppers may have earned a notorious reputation across the globe with their holiday shopping, but experts are predicting that this year’s numbers won’t match even half of what Chinese shoppers spent this Singles Day. Reports say the event, which is celebrated every November 11 and has turned into the planet’s largest online shopping day, raked in $9.3 billion this year.
But new research from marketing agency Razorfish says there’s more to these ballooning numbers than great online deals. The company’s latest report, Digital Dopamine, suggests that consumers actually get more gratification from waiting for online purchase to arrive at their doorstep than when those products are immediately obtained through in-store purchases....
Interesting trends in online shopping, showrooming and retail.