75% of Consumers opt Online for their Holiday Shopping
$26.46B
In 2021, the US ad revenue would be rose up by Instagram with $26.46 billion which is comparably higher than Facebook the core platform which is $23.84 billion. This was the first-time record and eMarketers forecast that Instagram further widen its range to hit $39.70 billion for ad revenue by 2023.
2.1M
In this fiscal 4Q Disney has added 2.1 million subscribers by the end of October, which is relatively lower when compared with the prior quarter. But Netflix has bounced back in this quarter with 4.4 million subscribers which are comparatively high from the previous quarter. Netflix company is predicting 8.5 million new subscribers in the upcoming quarter. Globally Netflix has 214 million subscribers whereas Disney+ including Hotstar has 118.1 million subscribers and Amazon Prime has 175 million members.
$44.5B
Now Athletics retailers step back from the wholesale partners and opt for individual stores or digital channels to promote their sales. Previously Nike's total revenue would be just 15% but now in this fiscal year, Nike sales rose $44.5 billion and these sales are further predicted to increase by $50 billion by end of 2022. In the present fiscal year, DTC has 40% of the business and is forecast to hit 60% by 2025.
75%
The study commissioned by mobile marketing firm Airship revealed that 48% of the consumers said 75% of them opt online for their holiday shopping in that 47% of them use smartphones rather than desktop computers for their purchases. Research has found that in the U.S mobile commerce would pull up by 19% to $97.2 billion during this holiday season. 64% of the consumers use retailer apps for their shopping and 68% of them visit retailer websites. 70% of US consumers use loyalty cards or coupons.
60.3%
As connected cars usage has increased their manufacturing in the market has raised. In the US they are almost 60.3% of licensed drivers who drive connected cars and this percentage would rise to 70.1% by 2025. These connected cars have the technologies include 5G networks, cloud computing, and AI etc.