Tony D'Onofrio
Infographics
- February 13, 2023
E-commerce Trends 2023: Top 15 stats + aspects shaping online shopping
Experts predict worldwide retail e-commerce sales will soar from about 5 trillion US dollars to just over 8 trillion dollars by 2026. The average American checks their phone once every 10 minutes.Mobile devices account for 71% of retail traffic and generate 61% of online shopping orders. - From The Future of Commerce
- February 06, 2023
2023 Gartner CIO Agenda Insights for the Retail Industry – How your peers are investing in tech to deliver digital initiatives
The 2023 Gartner CIO and Technology Executives Survey shows Retail CIOs are prioritizing growth and customer experience. This infographic will show you how your peers are investing in tech to deliver on digital initiatives.
- January 30, 2023
DataRePortal Digital Expansion Around the world
There are 4.76 billion social media users in the world or 59.4% of the global population. It grew by 137 million over the past 12 months. Average time spent 2 hours and 31 minutes per day on social media. Added together, the world spends close to 12 hours using social media every day. - From DataRePortal
- January 23, 2023
The Biggest Global Risks of 2023
One telling observation from the data above is that none of the risks left a majority of experts feeling confident in our ability to prevent the risk from occurring, or prepared to mitigate its impact. As the 2020s are shaping up to be a turbulent decade, that could be a cause for concern. - From Visual Capitalist
- January 09, 2023
The U.S. Stock Market: Best and Worst Performing Sectors in 2022
The markets in 2022 were characterized by a lot more pain than gain. In absolute terms, Apple is the biggest loser on the year, shedding $846 billion from its market cap. Meta, which is in the midst of building out its vision for a “metaverse”, also saw one of the biggest declines, shedding $464 billion in market cap. - From Visual Capitalist
- January 02, 2023
Data Dive: 2022 in Review
By the end of 2022, COVID-19 dropped from the No. 1 concern (35%) in January to the No. 10 spot with a mere 11% saying it was a top worry in their country in December. The cost of living passed the pandemic as the No. 1 concern. - From IPSOS
- December 19, 2022
The Most Innovative Countries in the World in 2022
In 1960, the U.S. made up nearly 70% of global R&D spending, and by 2020 this had fallen to 30%. Switzerland ranks at the top for the 12th year in a row—above the U.S., South Korea, and Israel. Globally, four of the five top R&D spending companies are in America: Amazon ($42.7 billion), Alphabet ($27.6 billion), Microsoft ($19.3 billion), and Apple ($18.8 billion). - From Visual Capitalist
- November 28, 2022
The Best Countries to Retire In 2022
The global population is getting older. By 2050, the OECD predicts that 30% of people worldwide will be aged 65 or over. North America only has two countries included in the ranking: Canada (#15) and the U.S. (#18), which both rank relatively high. - From Visual Capitalist
- November 21, 2022
89% of Shoppers Will Pay for Home Delivery
Shoppers are back in stores (76%) and their expectations are creating the “next normal.” But it won’t be the same as the old one. Today’s connected consumers have adapted to having purchases available for pickup and delivery, using self-checkout, and mobile payments. Tech-savvy retailers and associates can impress customers with expertise and efficiency. – From Retail Touch Points
- November 07, 2022
Gen Z’s Favorite Brands, Compared with Older Generations
Overall, the report found that it’s hard for brands to win with Gen Z. Across all brands that were scored, 33% of the general American public rated them as favorable, but for Gen Z respondents the number dropped to 27%. - From Visual Capitalist
- October 31, 2022
Online Holiday Sales to Grow 6.1% in 2022
Inflation will magnify consumer price-consciousness and leave many online shoppers less willing to spend as much on holiday gifts as in the past. Shoppers expect deeper discounts and will rely more on comparison shopping and price matching. - From Digital Commerce 360
- October 24, 2022
The World's Population at 8 Billion
In just 48 years, the world population has doubled in size, jumping from four to eight billion. Of course, humans are not equally spread throughout the planet, and countries take all shapes and sizes. When will the world's population reach 9 billion? - From Visual Capitalist
- October 17, 2022
A Statistical Analysis on Why eCommerce Businesses Fail
The ratio of failed eCommerce businesses to the successful ones is at declining levels, as 8 out of 10 online stores get abandoned within 24 months of their early growing stages. 23% shoppers are most happy to pay nothing more than the price of the product they are buying, i.e. free shipping. - From Business2Community
- October 10, 2022
Retail Survival Through Personalized Experiences
52% of consumers are more likely to be loyal to a retailer if they receive a personalized experience. 84% of consumers believe that in order for physical stores to survive, they need to make it all about customer experience. 62% of shoppers are more loyal to brands which send promotions while in-store. - From Infographic Journal
- October 03, 2022
How do Americans Spend the Money by Generation?
In 2021, the average American spent just over $60,000 a year. But where does all their money go? One category that varies the most between generations and relative needs is spending on healthcare. - From Visual Capitalist
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It is a Small World
“Even monkeys can fall from their trees.” – Japanese Proverb
Continuing our global learning journey, our next stop is Tokyo Japan. Founded, in 1603, this city was once a small fishing village called Edo. In 1890, it became Tokyo which means Eastern Capital in English.
In Tokyo, you will find the world’s busiest intersection, the Shibuya crossing where 2,500 people cross the intersection, every time the lights turn green. This city also holds the record for the most Michelin starred restaurants at 212 places to enjoy amazing food.
Tokyo is the most populous city in the world with 37 million people. Uniqueness is everywhere, even in vending machines, where you can buy hot meals, fresh produce, and even umbrellas. There is one vending machine in the city for every two people.
Have lost count on the many times I visited Tokyo to experience their modern retail industry. This picture is from the New Otani Hotel gardens, a favorite during multiple visits.
As the Japanese proverb that opened this summary reminds us, no matter how accomplished we become, you can always make a mistake. Overconfidence can lead to missteps. Life is one sweet ride and Japan provides many reminders on how to enjoy it.
Categories
Brilliant Research
Deloitte Global Retail Outlook 2024
After a prolonged period of suppressed consumer spending, macroeconomic and geopolitical uncertainty, and rapid changes in consumer behavior (among other things), the global retail industry stands at a crossroads; forced to make decisions about long term investments in new technology and business models while at the same time managing the rising cost of doing business and a decline in the spending power of consumers. - From Deloitte Insights Read more
Smart Infographic
The World's Top Flight Routes by Revenue
In 2024, a record 4.7 billion people are projected to travel by air—200 million more than in 2019. While revenues surged to an estimated $896 billion globally last year, airlines face extremely slim margins. On average, they made just $5.44 in net profit per passenger in 2023. Today, the industry faces pressures from high interest rates, supply chain woes, and steep infrastructure costs. - From Visual Capitalist
Insightful Videos
The World Ahead 2024: five stories to watch out for
From the biggest election year in history, to how to control AI and even taxis that fly, The Economist offers its annual look at the world ahead. Read more
