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š7 fresh retail stats
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š7 fresh retail stats
Thought about taking today off. Then, it hit me. Iām not independently wealthy or independently middle class, soā¦ we meet once again.
Glad to be with you, and I bring with me 7 retail stats that stood out to me in this ginormous collection of shopping statistics (at the hottest retail time of the year - now).
Then weāll bathe in Mondayās Marketing News, including a new writing tool and one for pitches. Now, letās get ready toā¦
2024ās Top 7 Retail Stats (& Trends)
Iāve got takes on a few of these after I list them for you.
#7 Dining, events, & wellness spaces in shopping venues are popular with 6 outta 10 survey respondents
#6 Shopify powers 18.76% of ecommerce websites. Wix & WooCommerce power around 12% each
#5 About 57% of U.S. shoppers have bought through social media (itās 90% in China)
#4 Before buying a new item, 64% of Gen Zers look for a secondhand version of the item
#3 A whoppinā 93% of U.S. consumers used recommerce to avoid inflation pain
#2 One-third of consumers bought an item in-store right away after discovering it
#1 Dollar General has 20,583 stores vs. Walmartās 5,321 stores
Source: Fits Small Business report
My Take on Some 2024 Retail Stats & Trends
Starting from the topā¦
#7 I constantly read about people showing interest in āthird spaces.ā No idea what guru came up with that terminology. It means people want to get out of the house to be around other humans.
If not to chat with them, at least to people-watch ā the health benefits of just being around other people are similar to being around trees (aka forest bathing - another idiotic term). You donāt have to whisper to an Oak tree or kiss a Maple tree to feel better. Just be next to one.
#5 I hope I never buy anything directly on social media. Iāve got standards, peopleš„“. Watching a ladyā¦ or dudeā¦ crafting their ābespokeā jewelry on Facebook, well, it makes me nauseous. Also brings out the worst in me, in case you canāt tellš.
However, I get why people buy from a real person selling stuff from their bedroom or garage. Thereās a good-sized chunk of the U.S. population that doesnāt want to give part of their paycheck to a large corporation (for reasons like climate, political stuff, greedy impressions, etc.).
And trust in large entities is non-existent todayā¦ and should be. Large entitiesā own fault if people prefer buying artisan bread via TikTok (or Craigslist - yeah, it lives - 2024 stats).
#1 Does shopping at Dollar General suck? Yeah, a little. However, the messy aisles, broke-down self-checkouts, and space-cadet human cashiers get erased by the quick convenience of Dollar General.
Youāre 4x more likely to drive by a Dollar General than a Walmart (says the stat above). And you donāt have to walk 400 yards to grab a gallon of milk from the back of a warehouse-size superstore. And, somehow, youāre less encumbered by idjits in Dollar General which helps you get in and out faster, too.
Convenience trumps a lotta retail downsides, folks.
(Easy content creation tip hiding in the above story. If you canāt guess it, Iāll hand it to you in the P.S. at the end of this message).
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Monday Marketing News
š”Swipe this siteās headline tactics (via Email Players)
Never before: High school baller girl gets NIL deal
šGiant data set on SBA disaster loans (via Wonder Tools)
Overlooking gift cards for your brand? ($200B market)
š¤”āWhat the media has to do to fix trust crisisā - by šBrian Stelter
Overcome dire Black Friday predictions w/ these 6 holiday sales tactics
šLecture: Putting your brand out front
āI'm going to Blueskyā... the new āIām moving to Canadaā
š¤Tool: rewrite, proofread, & translate your writing
Backlinko dude recommends Pitchbox for your pitches
Thanks for reading Inbox Hacking. Please share it with a friend or co-worker or crush. Iāll take āem.
Shane McLendon - Copy Kingpin
P.S. When you run outta content ideas, seek the power of the muse rant. The muse likes to sleep late sometimes. But a rant is always available. Just wake it up by thinking about things that annoy you. Then, let the rant spill all over your Google Document. If the content sounds too negative, thatās what editingās for. I didnāt edit mine because yāall are grown and can handle the truthš.
P.P.S. Black Fridayās 11 days away. Itās the best time of year to capture leads & retarget them. Smart Recognition captures anonymous website visitors for you. No sign-up form needed. Book a demo if you have roughly 15k in US-based monthly traffic.
*In partnership with Smart Recognition. Thanks for supporting our sponsors.