The State of Consumer Trends in 2024 [Data from 700+ Consumers]

Shopper tendencies are altering on a regular basis, reflecting the “never-sleeping” nature of markets and society.

From the rise of AI to the rising recognition of purchasing on social media, heightened knowledge privateness issues and customers tightening budgets as a result of recession fears, occasions are altering quick.

However one factor is definite — companies want to trace all these tendencies to keep away from getting misplaced within the shuffle.

To assist entrepreneurs sustain and keep forward of the curve, we’ve run our biannual Shopper Tendencies Survey of 700+ U.S. adults. Maintain a pulse on:

• What tendencies they’re following.
• How they spend their time on-line.
• How and the place they like to buy.
• What requirements they’re holding their favourite manufacturers to.

Prime Shopper Tendencies

Earlier than leaping into all of the tendencies, let’s spotlight those who stand out in 2024:

• Belief in AI stays low regardless of its widespread use, calling for extra transparency.
• Social media has remodeled into purchasing hubs, with influencers enjoying a giant function in shopping for selections.
• Newer social platforms acquire recognition, whereas established ones see slower development.
• Social search and AI shake up conventional engines, however individuals nonetheless belief them.
• Financial uncertainty prompts tightening budgets and job safety worries.
• Information privateness turns into a fundamental proper and calls for clear guidelines and management.
• Manufacturers standing for social points and variety earn shopper loyalty.
• Assist for small companies grows as customers search neighborhood connection.
• Folks want human assist, social connections, and cell searches.
• Versatile work preparations grow to be important and strongly affect job selections.
• Workers prioritize corporations with inclusive cultures and optimistic environments.
• Folks love genuine and relatable video content material.
• Shopper spending on non-essentials drops as individuals go for high quality over amount.
• Gifting methods and voice search alternatives acquire traction.
• Metaverse pop-up outlets and digital shops are rising as tendencies.
• Gen Z units itself aside in purchasing habits and social media utilization.
• Customers stay cautious about investing in Web3 and digital currencies.

Digital Media Tendencies

1. Customers don’t belief AI, however one-third nonetheless use it.

AI is palms down the highest pattern of 2024, with one in three customers already utilizing chatbots and platforms like ChatGPT.

However right here’s the plot twist — solely 33% of customers really belief content material created with AI.

As companies leverage AI, constructing belief and sustaining transparency are key to fostering shopper confidence in AI-driven experiences.

Regardless, 39% of full-time staff use AI at work, and 74% of them say it’s efficient.

The highest use instances for AI chatbots at work revolve round aiding individuals of their work reasonably than doing their job for them — serving to with duties like getting concepts or inspiration, summarizing textual content, and studying new issues.

These are additionally among the many only makes use of for AI within the office.

Staff are saying AI is only for analyzing and reporting knowledge, studying new issues, creating photographs/movies, getting concepts and inspiration, and conducting analysis.

Lastly, we requested customers which AI they plan on utilizing sooner or later.

Regardless of ChatGPT’s head begin, virtually half of customers see themselves primarily utilizing Google’s Gemini (previously generally known as Bard) — adopted by ChatGPT — with Bing in third place.

Uncover how HubSpot AI could make your work simpler, streamline processes, and generate nice content material effortlessly.

2. Social media is the way forward for purchasing.

Social media is rapidly turning into the way forward for ecommerce, with social purchasing rising in recognition throughout all ages. Influencers are impacting extra buy selections, whereas prospects more and more sliding into DMs for customer support.

Simply up to now three months, 41% of customers have found a product on social media.

In reality, Gen Z, Millennials, and Gen X want discovering merchandise on social media over another channel.

On the subject of really buying these merchandise, 25% of social media customers have purchased one thing instantly on a social media platform up to now three months, rising to 43% of each Gen Z and Millennials since our January replace.

On prime of that, 21% of social media customers have purchased a product based mostly on an influencer’s suggestion up to now three months.

For Gen Z, 27% have purchased a product due to an influencer up to now three months, they usually say suggestions from influencers are extra impactful to their buy selections than suggestions from their mates or household.

Of social media customers, 17% have additionally despatched DMs to get customer support up to now three months. Not solely that, however 1 in 4 Gen Z, Millennials, and Gen X say DMs are how they like to get customer support from an organization.

In previous Shopper Tendencies pulse surveys, we continued to see that buyers don’t fully trust social shopping.

In the present day, they appear to be coming round.

Whereas simply 47% of social media customers really feel snug shopping for via social apps and solely 45% belief social media platforms with their card info, each of those are enhancements over final 12 months’s numbers.

3. Youthful social platforms acquire steam as legacy apps stall.

Regardless of being essentially the most used social media platforms, Fb, YouTube, and Instagram noticed the least development in customers in our survey group year-over-year.

Fb utilization remained flat, Instagram utilization dropped by 5%, and YouTube utilization dropped by 2%. In the meantime, BeReal grew 333%, Twitch grew (43%), and TikTok grew (21%).

(Observe: We ran this survey simply earlier than Threads launched and count on it to be a giant dialogue level in our subsequent bi-annual survey.)

Nonetheless, Fb is the most well-liked social media app, utilized by 71% of customers, adopted by YouTube (61%), Instagram (42%), TikTok (37%), and X, Snapchat, and Pinterest (all at 23%).

Though LinkedIn is in the direction of the underside of the checklist, B2B entrepreneurs shouldn’t panic or depend it out.

Though it noticed a slight lower in customers 12 months over 12 months, the utilization on this platform can fluctuate (and even is likely to be seasonal in response to how workplaces rent or promote).

For instance, in our January 2023 replace, we noticed that LinkedIn had 20% extra customers who reported lively utilization.

Total, this knowledge aligns fairly carefully with knowledge we’ve seen from App Shops, platform analytics corporations, and stories instantly from the respective platforms.

4. Social search and generative AI are disrupting conventional search engines like google and yahoo.

Whereas there’s no denying search engines like google and yahoo are nonetheless dominant, social search is rising in recognition, particularly amongst Gen Z, Millennials, and Gen X.

Not solely do 32% of customers flip to social media to seek for solutions to their questions, however practically one third of 18 to 54-year-olds want to go looking on social media over search engines like google and yahoo.

Between search engines like google and yahoo, social search, and AI, customers nonetheless say search engines like google and yahoo are the simplest strategy to get their questions answered.

Finally, whereas social search and generative AI are gaining popularity, conventional search isn’t going anyplace simply but.

Budgeting Tendencies

5. Customers are tightening recession budgets.

Of customers, 57% suppose the U.S. is at the moment in a recession, and 55% are tightening their budgets in response. About half (47%) of U.S. adults have taken steps to plan or put together for a recession.

Moreover, 42% of customers count on the recession to final for over a 12 months.

6. Customers proceed to worry layoffs and recession impacts.

Though many corporations will save hundreds, and even hundreds of thousands, on lowering workplace area and services prices with hybrid and distant work, half of customers are nonetheless rightly involved about being laid off from their present jobs.

For entrepreneurs, earlier analysis from 2023 confirmed that their departments have been already working with much less resourcing, headcount, and budget than in previous years. As some industries are nonetheless seeing the brunt of financial tendencies, this has doubtless continued.

Many additionally fear that AI — the very software that streamlines their busy work — might take over their work totally.

At HubSpot, we predict AI ought to be used as a software to assist staff lower out busy work and drive outcomes, not as a method to economize by chopping employees. And, heads of different AI platforms, like Jasper.AI, agree.

Nonetheless, it’s comprehensible to fret about what the mixture of AI and economics might do to job safety. In spite of everything, most staff we’ve surveyed evaluate AI to a modern-day Industrial Revolution.

Should you’re involved about your function, zone in on expertise AI can’t substitute — like critical thinking. In the meantime, use AI to present you and your staff extra time to earn a high-performance monitor file.

This manner, in case your function does shift or dissolve, you’ll be capable of pivot and adapt to vary.

Information Privateness Tendencies

7. Information privateness as a human proper.

Of customers, 75% say knowledge privateness is a human proper. And it truly is — particularly these days when our private info is extra susceptible and accessible than ever.

Fortunately, each laws and tech are frequently enhancing to make sure our knowledge stays non-public and safe on the Web.

8. Clients want belief.

Not solely are 76% of customers nervous about how corporations use their private knowledge, however 72% say they’re extra doubtless to purchase from corporations they belief with it.

Additionally, 71% of individuals say their belief in an organization impacts their determination to share private info.

Professional tip: I not too long ago watched an awesome YouTube video about shopper tendencies by Rabeea Hasan, ex-brand supervisor at P&G. Rabeea advises manufacturers to make use of hyper-personalization in advertising and marketing and be clear about knowledge practices in the event that they need to earn buyer belief.

9. Clients need to have management over knowledge.

We requested what would make customers extra snug sharing knowledge with corporations, and it comes all the way down to transparency, safety, and possession.

Of customers, 75% need to be in charge of what’s taking place with the data they supply — what knowledge is collected, the way it’s used, and with whom it’s shared.

10. “Pay to get my private info.”

Of individuals surveyed, 37% strongly agree (+ 25% considerably agree) that corporations ought to pay for entry to their knowledge. Alternatively, solely 3% of respondents utterly disagree with that.

Nevertheless, let’s contemplate that private knowledge like buy historical past, looking habits, and site could be extremely helpful for advertisements, new merchandise, and market analysis. Paying for such “golden information” apparently is sensible, proper?

Total, it is a complicated subject with no simple solutions. Each firm ought to try to discover a stability between consumer privateness, knowledge worth, and truthful compensation.

11. CEOs influencing prospects’ selections.

Of customers, 48% say the proprietor/CEO of an organization influences their determination to share knowledge.

The CEO’s actions and statements can form how the general public perceives the corporate’s knowledge practices. A CEO “in style” for privateness scandals might make individuals cautious of sharing their info.

On the intense aspect, a CEO with a status for moral enterprise practices might encourage confidence.

12. No knowledge sharing with third events.

40% of shoppers don’t want their knowledge to be shared with third events below any circumstances.

Additionally, practically half (42%) of shoppers count on you to have the ability to delete their knowledge totally in the event that they determine they now not need you to have it.

13. 50% of customers don’t enable knowledge monitoring.

Corporations have a number of work to do to construct that belief, with half of U.S. adults saying they normally decline to have their private knowledge tracked.

Simply 17% normally enable their knowledge to be tracked, whereas 33% say it depends upon the corporate.

Finally, embracing at this time’s privacy-first world will likely be optimistic on your model notion — and most significantly — for buyer belief and security.

In a current put up, our CMO, Kipp Bodnar, explains why knowledge privateness is much from only a passing fad:

14. Customers more and more assist manufacturers dedicated to social points.

Corporations taking a stance on social points has grown extra necessary and influential on customers’ buying selections, with 51% of U.S. adults saying manufacturers ought to do extra concerning social advocacy.

Reasonably priced healthcare, revenue inequality, local weather change, and racial justice are a very powerful points respondents need to see corporations take a stance on.

For Gen Z particularly, inexpensive healthcare, racial justice, and local weather change are a very powerful points.

In comparison with final summer season’s Shopper Tendencies outcomes, respondents more and more assist manufacturers dedicated to variety and inclusion, in addition to small companies.

15. Extra customers assist small companies.

52% of customers say a product being made by a small enterprise makes them extra prone to buy, whereas 46% have chosen to purchase a product as a result of it was made by a small enterprise (each up 18% from final 12 months).

Shopper Conduct Tendencies

16. Customers nonetheless need human assist.

There are two foremost methods prospects want to get assist — with a human agent or by themselves.

Apparently, 72% of individuals nonetheless want speaking to an actual particular person after they want help. This exhibits a want for the “human contact” in customer support.

Alternatively, 28% of customers would reasonably remedy issues on their very own.

As an illustration, I want tackling challenges solo, particularly when websites lay out clear directions.

However when issues get tough, a human contact is the way in which to go.

17. Folks primarily use social media to remain linked with household & mates.

Despite the fact that all of us hop on social media for enjoyable, right here’s a cool pattern: About 61% of individuals principally use it to remain linked with family members.

Meta undoubtedly wins on this discipline with over one billion month-to-month lively customers on Fb, WhatsApp, Messenger, and Instagram.

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I actually love this pattern — it exhibits that, above all else, social media is all about protecting these private connections sturdy.

18. Cellphones stay a favourite for Googling.

On the subject of Googling, customers clearly favor their cell phones, with a whopping 63% selecting them over computer systems and tablets.

Whereas solely 26% go for laptops or computer systems, Boomers emerge because the champions, with 41% nonetheless preferring desktop looking out.

19. Many customers contemplate themselves “creators.”

When taking a look at our survey outcomes for the query, “Would you contemplate your self a creator?” we discovered that 46% of 18- to 24-year-olds and 50% of 25- to 34-year-olds name themselves content material creators.

What’s nice for manufacturers right here? Your very personal audiences would possibly soar on the probability to create content material for you, which might, in flip, assist them construct on-line affect.

However what precisely IS a “creator”? Take a look at this deep dive by Caroline Forsey to study extra: If Everyone’s a Content Creator, Is Anyone?

Shopper Shopping for Tendencies

20. Customers principally belief Fb purchasing.

Many social media customers have made purchases instantly inside social media apps up to now three months.

For instance, 46% of respondents have used Instagram for in-app purchases, 58% used Fb, and 51% TikTok.

Additionally, an enormous 47% of respondents stated they really feel snug making purchases instantly on social media.

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On the subject of belief, Fb leads the pack, with 37% of respondents expressing full belief in it. Boomers are the most important followers of Fb purchasing — 42% purchase instantly from the platform.

This pattern showcases the rising integration of purchasing options inside SM platforms, which is certainly nice. As a result of, let’s be trustworthy, we’ll all purchase extra stuff if we don’t want to go away the app (the laziest technology to this point?).

21. Many customers belief influencers.

About 21% of our 700 respondents are swiping their bank cards based mostly on influencer suggestions — millennials are winners right here, with 36% saying that influencers are actually influencing their buying selections.

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That is very true for the influencers they actually love, have adopted for a very long time, and belief.

I’ll be the primary to confess guilt right here as a result of I merely can’t resist shopping for merchandise really useful by my favourite SM personalities, akin to Zach King. 😎

22. Shops and on-line retailers aren’t going away regardless of the expansion of social commerce.

In January 2024, 64% of customers most popular to buy a product in-store, whereas 50% most popular to buy via a web based retailer promoting a wide range of manufacturers (e.g., Amazon.com).

Take Pink Tag Boutique, for instance. The Kentucky-based clothes and niknaks enterprise noticed immense development in Fb outlets.

They attribute $44,448 in incremental sales from the software and have seen 66% greater average order value from social commerce patrons in comparison with those that purchased instantly from the corporate website.

For extra examples of manufacturers which can be already excelling in social commerce, try this post.

It’s also possible to discover extra purchasing pattern knowledge on this follow-up report from Caroline Forsey: The Shopping Trends of 2024 & Beyond [State of Consumer Trends Data]

23. Customers have excessive expectations that merchandise will match descriptions/depictions.

Once they purchase stuff straight from social media, 53% of individuals imagine that will probably be simply as described. This statistic exhibits how a lot belief we put in these purchasing platforms.

That is why sellers ought to be extra cautious when describing objects and never make them look higher than they really are as a result of 45% of consumers count on a refund.

24. Customers in the reduction of on non-essential spending.

Of respondents, 45% are spending much less cash on non-essential objects and focusing solely on purchases vital for survival or well-being.

There’s additionally a giant demand for long-lasting merchandise. When individuals purchase one thing, they need it to endure and never have to get replaced quickly after.

“Right here‘s a significant value of dwelling disaster, and other people worth high quality over amount. They’re shifting away from low-cost, disposable merchandise and on the lookout for higher-quality, longer-lasting objects, even when they’re barely dearer. Manufacturers ought to deal with growing higher-quality merchandise with timeless designs to draw prospects.”

– Rabeea Hasan, Model Supervisor

Shopper Work Tendencies

25. Many individuals will go away their jobs as a result of the pay shouldn’t be aggressive sufficient.

The primary cause most individuals are contemplating leaving their jobs is non-competitive pay.

Particularly, 38% of people are desirous about making a change, with Gen X main the pack at 48%.

Truthfully, I’m glad to see this pattern rising as a result of individuals, greater than ever, acknowledge the worth of their work and, extra importantly — the time they make investments, which must be pretty paid.

26. Virtually 50% of staff are usually not nervous about dropping their job.

A shocking pattern has emerged in job safety issues.

Roughly 18% of full-time staff are very involved about being laid off, whereas 33% are considerably involved.

However right here’s one thing attention-grabbing — chunk, about 27%, aren’t very nervous, and 22% aren’t nervous in any respect.

This confidence would possibly come from a powerful ability set, excessive demand of their discipline, or feeling tremendous safe of their firm’s place.

27. Folks need versatile & distant work.

Our survey highlights how a lot distant work issues to individuals these days.

Are you able to imagine that 11% of respondents stated they’d take into consideration leaving their jobs if distant work wasn’t on the desk? It exhibits simply how necessary flexibility and work–life stability are to of us.

What’s much more shocking is that the dearth of versatile work choices is straight away behind burnout as a cause to go away.

To the query “Would you contemplate leaving your job if your organization made you go into the workplace 5 days every week?” 42% stated sure!

It’s a transparent signal that corporations must take versatile and distant work critically.

28. Firm tradition issues.

Not solely do customers must see flexibility to remain loyal to employers, however additionally they must see efforts made to construct a optimistic and wholesome firm tradition.

A whopping 65% of staff say it’s necessary that the corporate they work for has a various and inclusive tradition.

And it is sensible. As extra persons are requested to return to the workplace, even part-time, they’re extra closely placing their work experiences into perspective.

In spite of everything, why would you need to return to an workplace related to negativity, pointless stress, non-inclusive siloes, or lack of psychological security?

If poor tradition, versatile work, or different detrimental issues like overwork, lack of upward movement, or poor recognition of fine efficiency aren’t dealt with, groups might run right into a pattern some leaders worry — quiet quitting.

At this level, one-third of staff surveyed are actively doing it — nonetheless on par with our analysis from the previous 12 months.

Tendencies Found in January 2023

Whereas the checklist above displays knowledge from our most up-to-date shopper pulse checks in early 2024, beneath you’ll discover highlights (which nonetheless might influence entrepreneurs) from an earlier survey one 12 months prior.

1. Customers are investing much less cash into digital worlds, objects, and currencies.

Regardless of the waning hype across the metaverse, attitudes haven‘t modified a lot over the previous 12 months. Each Might and January’s surveys discovered solely 8% of U.S. adults have ever visited a metaverse.

Public opinion on the metaverse has improved barely over the previous 9 months. Of customers, 36% now say the metaverse is the way forward for expertise. And 33% say the metaverse is an extension of actuality.

Nevertheless, investments in digital currencies have seen a decline. In reality, amongst those that‘ve ever visited a metaverse, solely 50% reported shopping for cryptocurrency in January 2023 — which is a 35% lower since Might 2022.

Moreover, 60% of metaverse guests reported shopping for NFTs in January 2023 … 13% decrease than Might’s respondents.

The lower in buying digital currencies might need to do with at this time‘s financial panorama. If persons are typically extra conservative with their spending, this might trickle into the digital ambiance, as effectively.

Nevertheless, it’s necessary to pay attention to the lower as a possible signifier that digital foreign money is not as in style because it was in 2022.

2. Gen X and Boomers are warming as much as social media product discovery.

In January 2023, we discovered that 46% of Gen X and 24% of Boomers had found a brand new product on social media up to now three months — that is a ten% and 41% enhance since Might 2022, respectively.

All of which is to say: Persevering with to put money into social media advertising and marketing as a chance for product discovery is a good suggestion to maintain up in 2024.

3. Gen Z more and more differentiates itself from others.

Some of the fascinating issues to dig into when taking a look at survey outcomes have been the huge variations between Gen Z and different age teams — together with their closest predecessor, Millennials.

When taking a deeper dive into our generation-by-generation knowledge, we discovered that Gen Z:

• On the subject of purchasing, generations are extremely influenced by value, high quality, and product critiques. Gen Z particularly values manufacturers which have lively communities round them.
• TikTok and Instagram are essentially the most used social media apps amongst Gen Z ladies, whereas males spend way more time on YouTube.
• Gen Z is all about YouTube, Instagram, and TikTok. Not just for social networking and leisure but in addition for locating (and shopping for) merchandise.

The findings above weren’t the one attention-grabbing factors to name out. Our lead researcher and analyst, Maxwell Iskiev, explores the variations between how all age teams store and uncover merchandise with this follow-up information:

How Each Generation Shops in 2024 [New Data from Our State of Consumer Trends Report]

4. Some customers are getting into Web3, however most do not even know what it’s.

Whereas some customers, particularly these in youthful generations like Gen Z and Millennials, are able to throw their entire pockets into the metaverse and cryptocurrency, most are nonetheless getting their first style of the Web3 world.

Whereas Web3 specialists imagine this expertise will proceed to develop within the coming years, companies don’t must pivot their entire technique to get forward of it proper this second.

Nevertheless, because the expertise will get extra distinguished and accessible, it’s nonetheless useful to study in regards to the potential alternatives and dangers of the Web3 area.

That is why Caroline Forsey interviewed a handful of Web3 specialists to study extra about the way it might influence how customers use the world huge net sooner or later.

Here’s a fast, overarching abstract of what Web3 might imply for future web utilization from Anna Seacat, VP of Advertising and marketing and Web3 Neighborhood at Proxy:

Whereas Web3 is likely to be a brand new idea to many, count on to listen to extra about it because the expertise turns into extra accessible to customers and companies within the coming years.

For extra skilled predictions round this, hear what our CMO Kipp Bodnar and Kieran Flanagan, our SVP of Advertising and marketing, need to say about it on this episode of Advertising and marketing Towards the Grain.

For extra insights, try these guides:

5. Customers crave video, and efficient manufacturers are taking discover.

By now, you already know that video has performed a strong function within the lives of customers.

Not solely do customers stream extra video than ever, however year-over-year, HubSpot researchers discover that almost all manufacturers contemplate it to be their most effective type of marketing content.

However, not simply any video will end in a conversion, buy, or view. Whilst you don‘t want an enormous finances to woo your audiences, you’ll need to create content material they’ll really take pleasure in, preserve their consideration on, and be persuaded by.

In reality, 69% of our January 2023 respondents say it’s extra necessary {that a} advertising and marketing video be genuine and relatable than polished with high-quality video/audio.

This video interview and post from Wistia CEO, Chris Savage, goes into nice element on his ideas for leveraging video to humanize your model.

For extra info on how entrepreneurs benefited from video in 2023, check out our 2023 Video Marketing Report.

What’s Subsequent for Customers, In accordance with Pattern Analysts

Now that you just’ve learn via the most important findings of our Consumer Trends Report, you may also be asking, “What tendencies and themes might come within the subsequent six months — or past?”

To present you a style of only a few tendencies to maintain in your radar, we reached out to Julia Janks of Tendencies.co to study what she and her staff of pattern analysts will likely be specializing in. Listed below are three of the nine trends they’re protecting on their radar.

1. Gifting methods might catch the eyes of customers.

Overlook loyalty factors — gifting is the brand new buyer retention technique. As distant all the things continues to rise, protecting linked to shoppers and family members will likely be key.

As an illustration, after beginning a gifting program, &Open shoppers noticed gross sales go up by as a lot as 20% from existing customers in simply three months.

Additionally, after they gave considerate presents to staff, HR leaders seen that their Worker Engagement scores and buyer satisfaction rankings improved so much.

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2. Voice search and audio website positioning alternatives will develop.

The world of podcasts is rising quicker than your complete web did within the early 2000s. Spotify alone now hosts 6 million+ podcasts!

3. Customers will go to pop-up outlets — within the metaverse.

Pop-up outlets within the metaverse are a factor now. And, manufacturers like Roblox & Walmart are already testing them out and gaining increasingly recognition this fashion.

Walmart‘s new enterprise, Walmart Found, is shaking up the world of digital retail by promoting real-world merchandise within the Roblox metaverse.

This transfer is critical for 3 causes — Walmart’s clout, Roblox‘s large consumer base, and Walmart’s curated product choice tailor-made for the metaverse.

We might see the metaverse purchasing business proceed to develop with shopper curiosity, as 30% of customers HubSpot surveyed suppose extra manufacturers ought to contemplate digital shops.

Dive Deeper Into Shopper Tendencies

Within the put up above, I gave only a few highlights of our State of Shopper Tendencies Survey, in addition to predictions for what’s to come back. To study extra attention-grabbing themes, try these follow-up posts:

Wish to see how knowledge has modified since 2023? Click on beneath to obtain the complete findings of that survey in our State of Shopper Tendencies Report.

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Shopper Tendencies Publish Authors