Price – Still the Driving Factor for Purchases

NPD is reporting  85 percent of U.S. consumers say price will be an extremely important/important factor in deciding where to shop in the near future.  This is consistent with CEA research that continuously finds price and feature set are the two primary factors influencing purchasing decisions. While other factors – notably environmental-related factors like use of recycled materials or energy consumption – have increased over time, price and feature set remain the top two factors driving purchasing decisions.

Related

“87 percent of seniors age 65 and older, and 71

As we make the second digital transition into a decade

Vision-language models (VLMs) are AI models that combine both vision