Supermarkets & Retail
Jungle Scout’s Amazon vs. Walmart Report Highlights Battle Over...
AUSTIN, Texas - October 26, 2022 - (Newswire.com)
Today, Jungle Scout, the leading all-in-one platform for ecommerce sellers, released its 2022 Amazon vs. Walmart Report, a study of more than 1,000 U.S. consumers and financial reports that examines the retail giants' race to the top in the changing global economy. The report highlights consumer preferences and how investments in omnichannel strategies and technology are shaping the rivalry.
Key insights include:
Amazon is maintaining its e-commerce dominance — for now.
- 75% of U.S. consumers have purchased from Amazon recently, compared to 43% who have shopped on Walmart.com.
- 63% of consumers begin their search for a product online on Amazon over Walmart.com (43%).
- Consumers are more likely to have an Amazon Prime membership (57%) than a Walmart Plus account (31%).
- Consumers prefer to shop on Amazon over Walmart.com for electronics, books, and clothing.
Consumers turn to Walmart for affordability and everyday items.
- 56% of consumers turn to Walmart for groceries, compared to 15% who prefer to buy them from Amazon.
- 43% of consumers say product prices are the main reason they shop at Walmart over Amazon, followed by familiarity with products.
- 71% of consumers are more likely to make smaller purchases ($0-99) from Walmart.com, compared to 66% on Amazon.
- Consumers prefer to shop on Walmart.com over Amazon for groceries, medicine, and cleaning supplies.
"The retail environment is constantly changing due to economic currents and consumer whims. Amazon and Walmart are both leveraging online and offline technologies as a way for brands to create more dynamic solutions that satisfy their customers," says Michael Scheschuk, President of Small & Medium Business and Chief Marketing Officer, at Jungle Scout. "Investments like Amazon's Dash Cart in Amazon Fresh stores and Walmart's Virtual Try-On in their iOS app will raise the bar for all retailers and improve consumer experiences."
Additionally, the report finds that both Amazon and Walmart's marketplaces are largely dominated by third-party sellers, another area where both retailers are investing for growth. Amazon's marketplace is 82% third-party sellers, compared to Walmart's, which is comprised of nearly 79% third-party sellers.
Read the full report with the methodology here.
About Jungle Scout
Jungle Scout is the leading all-in-one platform for selling on Amazon, supporting more than $40 billion in annual Amazon revenue. Founded in 2015 as the first Amazon product research tool, Jungle Scout today features a full suite of best-in-class business management solutions and powerful market intelligence resources to help entrepreneurs and brands manage their e-commerce businesses. Jungle Scout is headquartered in Austin, Texas, and supports 10 global Amazon marketplaces.
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Original Source: Jungle Scout's Amazon vs. Walmart Report Highlights Battle Over Grocery and Tech
FENLO Announces the Next Generation of Dimmable LED Lamps
Perfect Combination of Lamp and Display Case
Both models are now available at www.shopfenlo.com for purchase.
Today, FENLO, a brand carried by Atamin, is announcing the sale of the next generation of advanced lighting technology. Featuring remote control functionality, gorgeous glass shelving, and integrated LED light modules, this shelf combines 30 years of experience into the ultimate lighting and display shelf solution.
NEW FEATURES:
- Remote operation. There are now multiple ways to control the new series of lamps. Both a three-button remote control and a foot switch offer complete control over the level of lightness.
- All glass shelving. A distinct upgrade from wooden or MDF shelving, the new series of Fantasy lamps now offer all glass shelves. With a reinforced frosted glass underside, these shelves positively glow.
- Easy to assemble. FENLO has designed Fantasy and Fantasy Plus to be as simple to assemble as possible. The professionally produced instructions will make set-up a breeze and customers will have their brand-new lamps assembled in no time.
TWO MODELS:
- Fantasy. The perfect LED light for bedrooms or smaller spaces, Fantasy offers enough room to display items while still maintaining a compact footprint.
- Fantasy Plus. For collectors with more items to display, Fantasy Plus provides the additional space to show off what matters most to them. Ideal for showcasing LEGOs, fragrances, or even sneakers.
Both models are available at www.shopfenlo.com for purchase.
ABOUT FENLO
At FENLO we believe that lighting should be as elegant as it is functional.
FENLO, a brand carried by Atamin, is based in Irvine, California, and was started by people obsessed with excellent lighting. The rooms in your home and the light that fills them are a big part of your life. Our memories are shaped by what illuminates them and the right lighting can define a moment, a space, or a memory. Our responsive customer service, eco-friendly materials, and luxurious designs, all come together to produce a world-class product.
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PR Team
Marketing
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9493986486
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Original Source: FENLO Announces the Next Generation of Dimmable LED Lamps