Chart of the day Trends & Statistics

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In the game of trust, consumers value data transparency over liking a product or service

In the game of trust, consumers value data transparency over liking a product or service

Article
May 09, 2023

Nearly two-thirds (65.8%) of US consumers said that a company being transparent about how they plan to use personal data would help that company gain their trust, per Razorfish. Over half (55.1%) said a company would be more likely to gain their trust if it didn’t unnecessarily collect personal data. Their satisfaction with a company’s product or service had less of an impact, with 49.1% saying it would earn their trust.

The streamers where brands are allocating upfront spend

Article
May 08, 2023

Hulu was the star of upfront streaming spend in iSpot.tv’s March survey, with 74% of brands and advertisers saying they were allocating spend to the platform. YouTube TV also had a huge showing, with almost half (48%) of respondents saying they were assigning spend to it. Peacock, Roku, and Paramount+ rounded out the top five.

Snap ad revenues will see growth rebound in 2024, boosted by AI

Snap ad revenues will see growth rebound in 2024, boosted by AI

Article
May 05, 2023

Next year, Snapchat’s ad revenues will increase by 10.4% worldwide after a year of almost no growth. Its ad revenues will rise from $3.80 billion this year to $4.20 billion next year, but they’ll still make up just 0.6% of total digital ad revenues worldwide.

Facebook is the top social media platform for US teens, adults

Facebook is the top social media platform for US teens, adults

Article
May 04, 2023

Facebook was the leading social platform among US teens and adults in January, used by 61% of those in an Edison Research survey. Instagram came in second (44%), followed by TikTok (33%) and Pinterest (31%). Twitter and Snapchat tied for fifth, at 27%.

Ad targeting branded concerning by three-quarters of US adults

Ad targeting branded concerning by three-quarters of US adults

Article
May 03, 2023

Concerns surrounding privacy are high, which could weigh on marketers’ efforts to target consumers. US adults under 30 are slightly less concerned (66%) than older consumers about the use of personal information for targeted digital ads, according to the Out of Home Advertising Association of America and Morning Consult.

TV viewing strikes back, with streaming services at the helm

TV viewing strikes back, with streaming services at the helm

Article
May 02, 2023

Time spent is decreasing across cable and broadcast TV but increasing in streaming. In Q4 2022, streaming boosted overall time spent with TV among US adults, reversing the decline in TV viewing over the past few years, according to Nielsen.

Secondhand shopping will boast first-rate growth amid retail slowdown

Secondhand shopping will boast first-rate growth amid retail slowdown

Article
May 01, 2023

The US online resale market is back on the rise this year, following a 6.6% decrease in 2022, according to our forecast. The trend shows no signs of slowing down over the next few years, with ecommerce resale volume surpassing $100 billion in 2026.

Social media may actually boost mental health for millennials

Social media may actually boost mental health for millennials

Article
Apr 28, 2023

Thirty-one percent of US adults said social media has a positive effect on their mental health, per YouGov. However, almost as many (30%) feel it has a negative influence. Across generations, millennials are most likely to report a positive effect, while Gen Xers are more likely to cite a negative impact.

Broad smart TV ownership is a win for retail media

Broad smart TV ownership is a win for retail media

Article
Apr 27, 2023

In the US, 77% of TV-owning households had a smart TV as of Q1 2023, according to Hub Research. Connected TVs, which include smart TVs, streaming sticks, and other devices, will be used in 115.1 million households next year, more than double the number of traditional pay TV households, according to our forecast.

US fashion resale market to top $20 billion online amid a rush of brands and shoppers

US fashion resale market to top $20 billion online amid a rush of brands and shoppers

Article
Apr 26, 2023

US fashion online resale platform sales will increase 15.8% this year, totaling $14.14 billion, according to our forecast. Sales will continue to grow by double-digit rates through 2026, when they will reach $23.92 billion.

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McDonald’s supersizes its app downloads, leaving other QSRs the crumbs

McDonald’s supersizes its app downloads, leaving other QSRs the crumbs

Article
Apr 25, 2023

McDonald’s had the most downloaded app of any quick-service restaurant in the US in March, with 3.5 million downloads, about 2 million more than No. 2 Starbucks, according to Apptopia. Taco Bell, Subway, and Domino’s Pizza rounded out the top five.

TikTok is still teens’ favorite as Snapchat taps AI to win them back

TikTok is still teens’ favorite as Snapchat taps AI to win them back

Article
Apr 24, 2023

In March, 37% of US teens called TikTok their favorite social media app, up from 30% the same month two years ago, according to Piper Sandler. Snapchat dropped to second place, falling to 27% from 31% during that period. In the No. 3 spot is Instagram, which 23% of teens named their top choice.

Taking stock of Amazon’s retail dominance around the world

Article
Apr 21, 2023

Amazon will capture more than half (51.1%) of all retail ecommerce sales in Germany this year, according to our forecast. Canada will have the second-highest share of Amazon ecommerce sales among the countries we track, at 41.5%, followed by the US, UK, Japan, and Mexico.

AI spending will jump to $154 billion worldwide in 2023

AI spending will jump to $154 billion worldwide in 2023

Article
Apr 19, 2023

Global spending on AI-centric systems—including the software, hardware, and services for these systems—will increase 27% this year to reach $154 billion, according to the International Data Corporation (IDC).

Which of the biggest ecommerce companies will grow the fastest in 2023?

Which of the biggest ecommerce companies will grow the fastest in 2023?

Article
Apr 18, 2023

Despite bankruptcy rumors, Carvana will be the fastest-growing retail ecommerce company in the US both this year and next year, according to our forecast. In second place this year is Chewy, signaling the strength of category-focused retailers.

Walmart closes in on Amazon’s retail search lead as its ecommerce bets pay off

Walmart closes in on Amazon’s retail search lead as its ecommerce bets pay off

Article
Apr 17, 2023

US consumers are increasingly turning to Walmart.com, YouTube, Instagram, and TikTok to start their online shopping searches, according to Jungle Scout. Amazon, search engines, and Facebook have lost share since Q1 2022.

Is Lemon8 worth the squeeze for brand marketers?

Is Lemon8 worth the squeeze for brand marketers?

Article
Apr 14, 2023

Social media newcomer Lemon8 racked up about 64,000 US downloads per day, on average, in recent weeks, according to Apptopia. The platform, which comes from TikTok owner ByteDance, capitalizes on the shopability of photos and short videos with its Pinterest-meets-Instagram format.

See how fast TikTok outpaced social media competitors in the US

See how fast TikTok outpaced social media competitors in the US

Article
Apr 13, 2023

TikTok eclipsed Twitter, Pinterest, and Snapchat in US users within just a few years, according to our estimates, and now it’s chasing Instagram. After years of exceptional growth, TikTok will boast more than 100 million US monthly users in 2023—unless lawmakers stand in its way.

Who’s actually buying stuff from podcast ads?

Who’s actually buying stuff from podcast ads?

Article
Apr 12, 2023

Millennials are the age group most likely to buy products or services advertised on podcasts, according to a survey of US podcast listeners by Morning Consult. These ads are also more likely to drive purchases among listeners earning more than $100,000 per year.

Consumers look to AI for help with automating tasks

Consumers look to AI for help with automating tasks

Article
Apr 11, 2023

Nearly half (49%) of US adults are interested in AI-powered online search capabilities, per Morning Consult. Other popular applications of AI technology include recipes, roadside assistance, smart assistants, and product design based on consumer trends.

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