Companies like Amazon and Starbucks have actively sought ways to communicate and connect more effectively with customers, creating mobile amps that provide immediate discounts and useful features to consumers. This is confirmed by August Nonstore retailers’ sales figures, the measure of money spent on internet shopping, showing an increase of 0.5% seasonally-adjusted month-to-month and an increase of 8.8% unadjusted year-over-year. The job market and wages are stagnant, rates of interest and costs edging higher, record numbers of Americans on food stamps and the crisis of higher taxes - all factors that Zimmerman believes mean on-line shopping growth will quicken as consumers turn to How to start investing if you have $100 or less - The Washington Post their mobile devices seeking ways to maintain lifestyle choices at lower cost. Retailers and consumers are resilient but not overly optimistic about the broader economy,” said NRA President Matthew Shay, but “positive retail sales growth continues month-after-month.” According to the Michigan Index, U.S. consumer confidence for August slid from a six-year high. Retailers and consumers are resilient but not overly optimistic about the broader economy, but positive retail sales growth continues month-after-month. “The positive retail sales report indicates that the economy is primed for growth,” NRA President and CEO Matthew Shay said. 2 With parabolic commerce sales trends, optimizing for mobile shoppers by developing a mobile commerce website or responsive design site, and possibly a mobile Lapp - is a must today for retailers of all sizes. This is proof that low consumer confidence doesn't equate to weak consumer spending.
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Michael Zimmerman, CEO of Pr entice Capital Management feels today's consumer is stretched thin. Additionally, The Blomberg Consumer Comfort Index plummeted four straight weeks to its lowest level since April. The data implies that consumers remain cautious with their pocketbooks and purchases. As consumers evolve companies must follow suit, engaging their customer base with new and innovative methods. Michael Zimmerman, CEO of Pr entice Capital Management believes today's consumer is stretched thin - yet increasing on-line sales figures demonstrate that low consumer confidence doesn't always equate to weak consumer spending. About Pr entice Capital Management Pr entice Capital Management BP focuses on private and public equity investments in the U.S. consumer and retail sectors. Retailers and consumers are resilient but not overly optimistic about the broader economy,” said NRA President Matthew Shay, but “positive retail sales growth continues month-after-month.” Intelligent use of Social media and Smartphone data allows forward thinking companies to analyse customer behaviour and quickly address needs and concerns, adapting as necessary. 2013 could become a breakthrough year for mobile shopping, especially if smart phone prices continue to plummet and strong consumer uptake of the devices continues.