Jungle Scout’s Amazon vs. Walmart Report Highlights Battle Over Grocery and Tech
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.
Contact Information:
Cathryn Hurdle
Public Relations Strategist
[email protected]
(613) 639 9067
Press Release Service by Newswire.com
Original Source: Jungle Scout's Amazon vs. Walmart Report Highlights Battle Over Grocery and Tech
Ottawa-Based Smart Video Platform Wows UK Dragons With Winning Pitch to Revolutionize Health &...
OTTAWA, Ontario & LONDON - October 26, 2022 - (Newswire.com)
Titled The Big Idea, 130 contestants were whittled down to just six that pitched to a panel of Dragons made up of Tier 1 industry leaders and investors including Morgan Sindall, Bam, Balfour Beatty and Galliford Try. All of the Dragons have the influence and connections to bring a product to the broader market, and collaborations could spell long-term growth for the winners. One of the successful businesses was Ottawa-based LUMA1, which secured a partnership with Galliford Try, whose Managing Director for its Highways business, David Lowery, was impressed with the power of the software and the opportunities for application in H&S training.
The Big Idea contest is part of the Safer Highways group, an organization that brings together industry leaders within highways and construction to set best practices in H&S.
LUMA1's pitch focused on how their offering will digitize the H&S industry - which is notorious for its slower pickup of new technology. Its software uses simple-to-use interactive video that will allow managers to easily and quickly create H&S content specific to individual jobs and locations - making it more relevant and effective.
The software uses cutting-edge technology to overcome barriers to learning - which, in construction, can mean serious injury or huge financial costs.
David Lowery, Galliford Try Highways Managing Director, said: "People are a priority for our business, and any tools or technologies that exist to make our people's lives safer, healthier, and easier will always be of interest to us. Therefore, I was delighted to come across Luma1 at the Big Ideas Final 2022 and I could see quite clearly during their pitch that there was a synergy for our businesses to collaborate. I look forward to exploring how using their digital approach can enhance the lives of our people and how we operate."
LUMA1 CEO John Hudson said the partnership could spark the start of a digital revolution in the sector: "Training is always important whatever the industry, but in highways and construction it's crucial, that's why training practices need to keep pace with the rapid advancements digitization offers.
"As newer technologies emerge, it's often been the case that larger companies look to the agility of growing firms to showcase modern capabilities. At LUMA1 we are at the forefront of this technology - and our offering has the potential to set a new standard for quality training that allows managers to highlight all the nuances of local jobs - alongside industry best practice.
"We are looking forward to collaborating with David and the Galliford Try team to provide industry-leading solutions using Smart Video from LUMA1."
For more information on LUMA1, you can go to www.luma1.com.
Contact Information:
Teira Ellis
VP, LUMA1
[email protected]
+1613-581-2010
Press Release Service by Newswire.com
Original Source: Ottawa-Based Smart Video Platform Wows UK Dragons With Winning Pitch to Revolutionize Health & Safety Industry
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9/11 Family Members, Survivors to Hold Press Conference to Protest Saudi-Funded LIV Golf Series...
MIAMI - October 26, 2022 - (Newswire.com)
A group of 9/11 family members and survivors from the organization 9/11 Justice will hold a press conference vocalizing their objections to the Saudi Arabian-funded LIV Golf series and its tournament being held at the nearby Trump National Doral Golf Club on October 28-30.
The 9/11 family members will address their views and contentions, which include:
- The Saudi government's role in supporting the 9/11 terrorist attacks, including about recently declassified FBI investigative documents;
- The implications of Saudi efforts to "sportswash" its egregious past;
- The willing complicity of professional golfers choosing to take Saudi payouts and look the other way on the country's reported human rights abuses and role in the worst terrorist attacks on American soil.
"As yet another Saudi-funded golf tournament takes place in America this week, Americans must understand that this LIV Golf series, hosted next at Trump Doral, is yet another attempt by the Kingdom to use the beloved game of golf to sportswash its abhorrent behavior and avoid accountability for the murder of my dad and thousands of others," said Brett Eagleson of 9/11 Justice. "The evidence of Saudi government officials' participation in the 9/11 attacks on America could not be clearer, and this event could not be more insulting. That's why we're speaking out and will continue to as the Saudis fund LIV Golf events in America."
Press Conference Details:
When: Thursday, Oct. 27, 2022, 9:00 a.m. ET
Where: Four Points by Sheraton Hotel, 3570 NW 74th Avenue, Miami, FL 33122
Who: Numerous 9/11 family members and survivors who have flown to Miami to express their outrage. Speakers at the press conference and those available for interviews include:
- Brett Eagleson, President of 9/11 Justice and son of John Bruce Eagleson, who was murdered in the South Tower of the World Trade Center.
- Tim Frolich, a 9/11 survivor who was on the 80th floor and was severely injured when the South Tower collapsed.
- Juliette Scauso, daughter of FDNY Hazmat Co. 1 Firefighter Dennis Scauso, who was murdered in the evacuation efforts of the South Tower.
- Dennis McGinley, whose older brother Danny was murdered in the collapse of the WTC South Tower.
RSVP: Media planning to attend the press conference should email [email protected] before 6:00 p.m. ET Wednesday, Oct. 26, 2022.
Contact Information:
Brett Eagleson
Founder, 9/11 Justice
[email protected]
Press Release Service by Newswire.com
Original Source: 9/11 Family Members, Survivors to Hold Press Conference to Protest Saudi-Funded LIV Golf Series at Trump National Doral Golf Club in Miami
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