Baby boomers

New ClearSale Report Illustrates the Staggering Impact of False Declines

Retrieved on: 
Tuesday, April 9, 2024

Global risk technology solution provider, ClearSale ( www.clear.sale ), has released a comprehensive new report that sheds light on the prevalence and consequences of false positives, commonly known as false declines.

Key Points: 
  • Global risk technology solution provider, ClearSale ( www.clear.sale ), has released a comprehensive new report that sheds light on the prevalence and consequences of false positives, commonly known as false declines.
  • The highly anticipated report, Ecommerce False Declines & Consumer Behavior, takes a deep dive into the economy of false declines, uncovering their detrimental effects on both the customer journey and a retailer’s bottom line.
  • Widespread false declines are an issue: In 2022, 25% of respondents experienced false declines, with 36% encountering multiple instances.
  • False declines are impacting retailers' revenue: Alarmingly, 65% of false declines were later validated as legitimate transactions, resulting in significant revenue loss.

eDreams ODIGEO's AI Decade-long Strategy Proves Forward-thinking: 82% of US Consumers Today Embrace AI for Travel, Research Reveals

Retrieved on: 
Thursday, April 4, 2024

Commissioned by the Company, new external market research with 10,000 global shoppers, reveals widespread endorsement and appreciation of Artificial Intelligence (AI) among today's online shoppers, particularly among younger generations.

Key Points: 
  • Commissioned by the Company, new external market research with 10,000 global shoppers, reveals widespread endorsement and appreciation of Artificial Intelligence (AI) among today's online shoppers, particularly among younger generations.
  • The findings further validate eDreams ODIGEO's early commitment to an AI-first approach, showcasing its strategic foresight and alignment with the digital evolution of consumers.
  • As well as being more inclined to use AI for travel, the research highlights how younger people exhibit greater awareness and appreciation of AI.
  • The statistics in this press release are based on a survey of 10,000 global consumers carried out by research firm OnePoll.

Economic Uncertainty Isn’t Stopping Canadians From Planning Major Purchases in 2024, According to New Survey

Retrieved on: 
Wednesday, April 3, 2024

Affirm’s survey polled 2,000 Canadians on their priorities and expectations for their personal finances and found stark differences across age groups.

Key Points: 
  • Affirm’s survey polled 2,000 Canadians on their priorities and expectations for their personal finances and found stark differences across age groups.
  • Vacations were by far the most likely big purchase for Canadians (45%), followed by a car (25%) and furniture or decor (23%).
  • Younger Canadians were more optimistic about their finances, according to the survey.
  • This random double-opt-in survey of 2,000 general population Canadians was commissioned by Affirm between Feb. 1 and Feb. 5, 2024.

New justfly.com Survey Offers a Glimpse into How Americans are Using Social Media Platforms to Plan, Book, and Experience Travel

Retrieved on: 
Wednesday, March 27, 2024

A new survey reveals that social media platforms are playing a role in influencing Americans’ decision making and buying preferences about where we travel.

Key Points: 
  • A new survey reveals that social media platforms are playing a role in influencing Americans’ decision making and buying preferences about where we travel.
  • The national survey of 2000 Americans commissioned by justfly.com™, a leading online travel agency, sought insight into the state of U.S. travel, specifically how travelers perceive and value social media platforms.
  • Social media will continue to have a huge impact in determining how consumers determine when and where they will travel.
  • For younger generations, specifically Gen Z and Millennials, social media is a key element in their travel decision making process.

Ecolab Watermark™ Study Reveals Global Generational Gap on Access to Clean and Safe Water

Retrieved on: 
Friday, March 22, 2024

Data from a global study commissioned by Ecolab, a global sustainability leader offering water solutions and services, and conducted in partnership with Morning Consult, has revealed that the level and immediacy of clean and safe water concerns varies across generations.

Key Points: 
  • Data from a global study commissioned by Ecolab, a global sustainability leader offering water solutions and services, and conducted in partnership with Morning Consult, has revealed that the level and immediacy of clean and safe water concerns varies across generations.
  • Still, safe water emerges as one of the foremost environmental concerns for most generations, alongside other critical global issues such as pollution and climate change.
  • As a global leader in water management and solutions, Ecolab recognizes the role businesses play in forging a safer, more prosperous future.
  • Ecolab continued to grow its Ecolab Water for Climate™ program, which is designed to help companies advance sustainable business growth while meeting climate and water goals.

Candidly Named to Fast Company’s Annual List of the World’s Most Innovative Companies of 2024

Retrieved on: 
Tuesday, March 19, 2024

Candidly, the leading AI-driven student debt and savings optimization platform, has been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024.

Key Points: 
  • Candidly, the leading AI-driven student debt and savings optimization platform, has been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024.
  • To date, Candidly has generated $1.2B of projected student debt impact for the workers it serves.
  • This year’s list of Most Innovative Companies shines a spotlight on businesses that are shaping industry and culture through their innovations.
  • The list of Fast Company’s Most Innovative Companies can be seen here .

More Than 80% of Shoppers Had Poor Experiences With Online Retailers Last Year, According to New Global Consumer Survey

Retrieved on: 
Monday, March 18, 2024

1 concern for global consumers with 42% of U.S. and 44% of U.K respondents planning to shop less online because they need to tighten their budgets.

Key Points: 
  • 1 concern for global consumers with 42% of U.S. and 44% of U.K respondents planning to shop less online because they need to tighten their budgets.
  • “Shoppers expect more from online retailers, demanding free guaranteed on-time shipping and deeper price deals and discounts – or else they will purchase elsewhere,” said Mark Simon, Vice President of Strategy at Celigo.
  • The research provides retailers with a roadmap to boost sales and consumer loyalty as well as win Holiday 2024.
  • Ensure e-commerce systems can handle higher volumes and stress-test new integrations now to avoid logistical issues before Holiday season begins.

Fidelity Investments® Research: Retirement Transforming as 2-In-3 Americans Live More Intentionally Post-Pandemic

Retrieved on: 
Tuesday, March 12, 2024

Across generations, two-thirds look forward to pursuing work for pleasure while in retirement and hope for a phased retirement – working full-time at first, then part-time, before stopping altogether.

Key Points: 
  • Across generations, two-thirds look forward to pursuing work for pleasure while in retirement and hope for a phased retirement – working full-time at first, then part-time, before stopping altogether.
  • “Americans are approaching their ‘golden years’ with more intention and opportunity than ever before,” said Rita Assaf, vice president of Retirement Products at Fidelity Investments.
  • Fidelity also created the Fidelity Retirement Score℠ , which provides a rough estimate of how much people may need in retirement and suggests ways to help improve their score.
  • Plus, for those with Fidelity workplace retirement accounts, there is access to one-on-one appointments, phone consultations and workshops through their employers.

Americans Believe They Will Need $1.46 Million to Retire Comfortably According to Northwestern Mutual 2024 Planning & Progress Study

Retrieved on: 
Tuesday, April 2, 2024

MILWAUKEE, April 2, 2024 /PRNewswire/ -- Americans' "magic number" for retirement is surging to an all-time high – rising much faster than the rate of inflation while swelling more than 50% since the onset of the pandemic. These are the latest top-level findings from Northwestern Mutual's 2024 Planning & Progress Study, the company's proprietary research series that explores Americans' attitudes, behaviors and perspectives across a broad set of issues impacting their long-term financial security.

Key Points: 
  • The hope among Gen Z is that by starting to save sooner, they'll be able to retire earlier.
  • They expect to retire at the age of 60, a dozen years before Boomers+ who say they'll work until they're 72.
  • The 2024 Planning & Progress Study found that among generations closest to retirement, just half of Boomers+ (49%) and Gen X (48%) believe they will be financially prepared when the time comes.
  • In forthcoming data sets, the 2024 Planning & Progress Study will explore wide-ranging issues facing Americans spanning savings and debt, retirement income, emerging technology, professional help and more.

U.S. News 360 Reviews Releases 2024 Internet Service Provider Cost and Speed Data

Retrieved on: 
Tuesday, April 2, 2024

U.S. News surveyed 2,500 U.S. adult consumers about their internet bill costs from sign-up to present day, the internet speed they pay for, their internet service reliability and more.

Key Points: 
  • U.S. News surveyed 2,500 U.S. adult consumers about their internet bill costs from sign-up to present day, the internet speed they pay for, their internet service reliability and more.
  • "360 Reviews' latest consumer research finds that Gen X Americans typically have the fastest internet, whereas Baby Boomers tend to have the slowest internet," said Erica Beimesche, senior editor of Home Services, 360 Reviews.
  • ), as well as the highest average internet bill increase ($28) – from the advertised sign-up cost to current bill.
  • Most (75%) U.S. consumers say their internet service is reliable, with South Carolinians having the most reliable internet.