The clothing industry is the most powerful one today. No wonder: Many people invest a lot of money in their wardrobe. How much people spend on clothes depends on their gender, financial background, line of work, and how interested they are in keeping their wardrobe up to date. Here’s the scoop: Apparel industry statistics confirm […]
The world market for jewelry has been dominating the apparel industry for the last few decades. Diamonds are forever, and the fashion jewelry industry will have a bright and shiny future! This is the reason why the largest jewelry companies never cease to invest in opening brand new stores across the world. In the end, […]
The global apparel market is expected to increase in value to around $1.5 trillion in 2020, the latest fashion industry statistics tell us. At the same time, both consumers and brands are becoming increasingly aware of the importance of sustainable fashion. The thing is: While the size of the fast fashion market keeps growing, more […]
Jack Ma and 17 others founded Alibaba, a multinational conglomerate that specializes in ecommerce, internet, retail, and technology, from his small apartment in China. One day this former English teacher grew bored and decided he could do more than spend his days explaining the difference between present simple and present continuous to bored teenagers. Jokes […]
Mention online shopping, and most people will instantly think of Amazon. Why is that? Quite simply: Amazon is the biggest ecommerce company in the world. It’s not a fluke that the online retail giant is the go-to option for suppliers, consumers, and sellers alike. Now: Free shipping, low prices, the ability to shop 24/7, and […]
We buy products online for various reasons, ranging from price to convenience and delivery options. The thing is: Global internet access, connectivity, and the ability to shop from any device anytime anywhere have all contributed to the steady rise in the percentage of shopping done online. In terms of payment methods: Ecommerce shoppers prefer […]
Have you ever dreamed of going grocery shopping? If you have, you should know that this dream symbolizes your desire to feel alive. So, the groceries in your dream represent items that you need to sustain life. Anyhow, shopping for groceries is something that no one can skip. For most people, it’s dull, repetitive, and […]
Couponing is one of the oldest tricks that marketing experts pulled out of their hats. Coca Cola co-owner Asa Candler came up with the brilliant idea to hand out hand-written tickets to consumers that they could exchange for a free glass of Coke in 1887. Even though everyone thought he was crazy, this marketing strategy […]
Some people argue that cash is still king in the US. But there’s no denying that Americans love plastic more than paper. Debit cards may be the most popular form of payment in the country, but credit cards are not that far behind. Actually, the US financial system incentivizes consumers to shop on credit. The […]
The human need to look and feel their best has always provided a lucrative branch for business, and not even the global financial crisis managed to significantly reduce the growth and expansion of cosmetics as the famous lipstick effect took over. When in crisis, put on the red lipstick and keep moving, it’s been said. […]