For millions of American consumers, the COVID-19 pandemic has brought financial concerns to the forefront. At the end of 2019, about 10% of consumers in the United States expected their personal finances to get worse in the following six months. By June — three months after COVID-19 was declared a global pandemic, that number grew to 21%. Even now, an additional 27% of consumers say their financial situation is tight or struggling.
5 Things to Know About Consumer Finances in 2020
Dec 1, 2020 5:57:38 PM / by Rob Patterson posted in Insights, Financial Services
Infographic: Thanksgiving Plans Amid the Pandemic
Nov 20, 2020 11:00:30 AM / by Rob Patterson posted in Insights, Infographics
Amid a year defined by social distancing and the pandemic that brought it, millions of Americans are preparing to celebrate Thanksgiving, a holiday defined by coming together with loved ones to show thanks. However, with cases on the rise across the nation, the CDC has recommended that people avoid traveling for the holiday — casting doubt on plans that were already in place. Below, we take a look at what consumers plan to do for a Thanksgiving unlike any other, where they’ll travel, and how they’ll be taking precautions along the way.
Jeff Snyder Shares Digital Strategies that Experiential Should Adopt
Nov 10, 2020 12:19:31 PM / by Rob Patterson posted in Insights
As e-commerce and brick-and-mortar retailers adapt to a new reality characterized by remote work and social distancing, they must build trust by creating a unique and authentic brand experience across all touchpoints. Fortunately, the techniques used by many leading brands can serve as a blueprint for effectively engaging people — no matter where they are.
7 Things to Know About Holiday Shopper Habits
Nov 4, 2020 5:27:43 PM / by Rob Patterson posted in Insights
As the calendar flips to November, the holidays are quickly approaching. And, while this year has been anything but ordinary, the fact of the matter is that almost nine in ten consumers will still be celebrating in spite of the pandemic. As brands and retailers seek to win over those consumers as they shop for gifts, it’s important to understand how their behavior will differ from past years. Below, we take a look at seven things you need to know regarding shopper habits for this holiday season.
Jeff Snyder on Promoting Sustainability Through Digital Experiences
Oct 15, 2020 4:58:43 PM / by Rob Patterson posted in Insights, Inspira News
Consumers across all demographics are showing support for environmentalism, and businesses across the spectrum are taking notice. However, you can't just say that you're environmentally responsible. You have to adopt policies and practices in every aspect of your business. In an article on the Trade Show News Network, Inspira's Jeff Snyder shares his thoughts on how you can promote and practice sustainability within a digital environment.
How Beauty Buying is Changing During the Pandemic
Oct 13, 2020 4:23:32 PM / by Rob Patterson posted in Insights, Beauty
Before the pandemic, the beauty industry had already undergone vast change in recent years. Trends like direct-to-consumer disruption, the push towards inclusivity, and personalization — just to name a few — have all made a great impact on how brands engage with their consumers. And, after a year where online sales increased by 18.6% in 2019, brands were in a good position to adapt to store shutdowns and capitalize on digital. Below, we take a look at how the beauty landscape has shifted in 2020 and offer thoughts on the future.
How to Host a Virtual Event that Connects: Your Virtual Event Planning Checklist
Sep 24, 2020 3:45:27 PM / by Rob Patterson posted in Insights
Virtual events have become an important tool for businesses and brands looking to connect with consumers during the COVID-19 pandemic, and it's clear that they're here to stay. However, virtual events are a new frontier for many, and creating one isn't as simple as translating your IRL idea to the internet. That's why we've created the Virtual Event Planning Checklist to help you as you begin your planning process.
Infographic: What to Expect for the Holidays
Sep 22, 2020 3:54:49 PM / by Rob Patterson posted in Insights, Infographics
Like everything else in 2020, the holidays are going to look a lot different than usual due to the nature of the COVID-19 pandemic. Whether it's changing the travel itinerary, shifting amounts of expenditures, or choosing different channels, consumers are adjusting their plans accordingly. To find out what consumers have to say with regard to their pivoting plans, read along below.
10 Stats to Know About Shifting Shopper Habits
Sep 18, 2020 3:53:42 PM / by Rob Patterson posted in Insights
As the COVID-19 pandemic continues on, the effects on people across the globe linger. Not only has it caused a major health crisis, but it has had major economic ramifications and changed the way we go about our daily lives. Below, we take a look at consumer sentiment and behavior from the past six months to understand the shifting shopper landscape.
Previewing the 2020 Holiday Season
Sep 11, 2020 4:15:42 PM / by Rob Patterson posted in Insights
With September already upon us, the holidays are quickly approaching. As with everything else in 2020, they’re going to look different than normal. While some consumers will continue celebrating as usual, the reality is that many are in a tough economic situation given the circumstances of the pandemic. In fact, according to a study from Brandwatch, 44% of consumers say they plan to spend less on gifts and celebrations compared to 2019.