Spikes & Dips May- US Retail Industry Statistics by Intelligence Node
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State of Ecommerce in the US: May 2016 Retail Industry Statistics
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Transcript of Spikes & Dips May- US Retail Industry Statistics by Intelligence Node
Overview
The goal of Intelligence Node’s Spikes and Dips series is to put online retail price movements in the context of macroeconomic factors.
It is aimed at enabling brands and retailers understand how macroeconomic factors influence their day-to-day retail pricing strategies.
Methodology
The Spikes & Dips series tracks the retail price changes of unique product baskets spread across online retailers using our real-time retail analytics software.
It covers the top 1000+ leading North American e-commerce retailers and 750 Mn products daily, using real time data.
Understanding the Market
Retail TrendsCategoriesHome & Decor Category:
+70% Increase in April +4 % Increase in May
Beauty & Care Category
-13% Decrease in May
Food & Grocery Category
-7% Decrease in May
BrandsAmazon retained top spot.
SKUs Added:
62%- Home Decor 30%- Fashion 35%- Electronics
Number of Products
Amazon at the top spot- Product Listings
Average Prices
% change in price by retailers across categories
Average Price & Discount
Average Prices
Home & Decor: Avg. Price Drop
from 30% in April M-O-M to 11% in
May M-O-M.
Food & Grocery: Highest Price
Increase 16% in May M-O-M.
What is Trending?
We looked at various price, discount and
catalog movements to discover trends for various categories.
What is Trending?
Amazon was 23% higher than Walmart.
What is Trending?
Source Article:http://blog.intelligencenode.com/blog/spikes-dips-may-2016-state-of-e-commerce-in-the-us
The activity graph climbed up in May.
1.Retailers started actively focusing on standardizing Promos & Pricing.
2.To know more about Retail Intelligence, visit our Website.
