07 / April / 2022 : 13-27
Study Shows Significant Shifts in Consumer Behavior
Consumer behavior shifts refer to changes in the way consumers make purchasing decisions and interact with businesses. These shifts can be driven by a variety of factors, including changes in technology, social trends, economic conditions, and global events.
One major consumer behavior shift in recent years has been the rise of e-commerce. With the growth of online shopping, consumers have become more accustomed to making purchases through digital channels and expect a seamless and convenient experience across all touchpoints.
Another shift has been the increasing importance of sustainability and social responsibility. Consumers are now more aware of the impact of their purchasing decisions on the environment and society, and are increasingly looking for products and services that align with their values.
Mobile technology has also led to changes in consumer behavior, with many consumers now using their smartphones to research products, compare prices, and make purchases on the go. This has led to an increased demand for mobile-optimized websites and apps, as well as for personalized and targeted mobile advertising.
The COVID-19 pandemic has also had a significant impact on consumer behavior, with many consumers shifting towards online shopping and contactless payment methods to minimize physical contact. This trend is expected to continue even as the pandemic recedes, as consumers have become accustomed to the convenience and safety of online shopping.
Overall, businesses need to stay aware of consumer behavior shifts in order to remain competitive and meet evolving customer needs and preferences. By understanding these shifts, businesses can adapt their strategies and offerings to better align with the changing landscape of consumer behavior.
Viewed
3185times
Recommended
21 / February / 2020
Where Do The Richest Americans Live?
Have you checked the newest "Forbes 400: The Full List of The Richest People in America" yet?
Surprise, Bill Gates, with a net worth of $81 billion, is ranked No. 1 for the 23rd year running....
17 / June / 2021
Gold loses its shine as Fed hints at rate hikes
The Federal Reserve surprised the market Wednesday with projections that future interest rate hikes will come a bit sooner than expected. Gold bugs in particular were disappointed.The price of gold...
17 / June / 2021
Jobless claims unexpectedly rose last week
Claims for unemployment benefits rose unexpectedly last week, marking the first increase in initial claims since late April.Another 412,000 workers filed for first-time benefits in the week ended...
16 / July / 2021
Abu Dhabi’s maritime sector strategy shifts to diversification, less reliance on oil
“No one is safe, unless everyone is safe” is the thinking behind herculean efforts to immunise the world against Covid-19.Abu Dhabi, capital of the United Arab Emirates (UAE) and a strategic hub...
15 / February / 2022
Ameriabank is the first in Armenia to place green bonds via public offering
Ameriabank announced today public placement of nominal, coupon, book-entry bonds with the total volume of USD 8 million and AMD 3 billion during the period from February 14 to April 22, 2022,...
22 / February / 2022
Ameriabank receives another IFC award in trade-finance sector
Ameriabank CJSC has been named the Best Issuing Bank in the Caucasus for 2021 by International Financial Corporation (IFC), a member of the World Bank Group, in the 10th annual award ceremony in...
02 / March / 2022
Global Finance Names Ameriabank “Best Investment Bank” in Armenia
Global Finance reputable magazine has published the list of winners of the World’s Best Investment Banks 2022 Award, naming Ameriabank the “Best Investment Bank in Armenia” for the seventh year in...
31 / March / 2022
Ameriabank’s ‘Live Armenian,’ ‘Live with a Smile,’ ‘Live Limitless’ promotional draws’ winners...
Ameriabank on Wednesday summed up the promotional draws “Live Armenian”, “Live with a Smile” and “Live Limitless” and announced the results.From December 9, 2021 to March 9, 2022, the Bank offered...