Credit-crunched consumers turn to automatic means of ensuring a good deal
Implications - Automating the process of bargain shopping, apps and browser add-ons that price-check for the consumer make the online market more competitive than ever. Taking out the guesswork and catering to a more tech-savvy shopping market, this shift not only makes online shopping a more attractive option based on price, but also in terms of convenience as well.
Trend Themes
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Automated Price Checking — Automating the process of bargain shopping with automatic price-checking apps and browser add-ons.
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Social Media-integrated Shopping Apps — The Garage and Ok'd apps integrate with social media, making buying and selling online a fun and social experience.
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Image-based Retail Services — Hashbag's image-based marketplace service utilizes Instagram to connect buyers and sellers, and allows for transactions through PayPal.
Industry Implications
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E-commerce — Disruptive innovations like automated price-checking and image-based retail platforms have made online shopping more competitive and convenient.
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Social Media Marketing — The social media-integrated shopping apps are great for business professionals looking to expand their online sales channels.
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Mobile Payment — The Ok'd app's ability to quickly transfer funds through mobile devices is a great example of innovation in mobile payment technology.
4 Featured, 29 Examples:
214,835 Total Clicks
Date Range:
Aug 12 — Oct 13
Trending:
Untested
Consumer Insight Topics:
