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Analyst Opinions
NewFactors of Influence for Purchases – Key Trends and Consumer Insights
Factors of Influence for Purchases – Key Trends and Consumer Insights Report Overview The top five factors that influence consumers’ purchases are value for money, quality, price, discounts and promotions, and range. Value for money is the most influential factor among others for most sectors. This is unsurprising given the persistent pressures on consumers’ discretionary incomes and weak consumer confidence. On the other hand, discounts and promotions are generally less influential in purchasing choices but this is relatively more important...
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Thematic Analysis
Frictionless Commerce – Thematic Intelligence
Frictionless Commerce Thematic Report Overview At present, consumers demand instant gratification, and frictionless commerce aims to provide it. Frictionless commerce was pioneered by Amazon. It uses technology to identify the shopper, recognize their chosen objects, and bill them after they leave the store. The Frictionless Commerce thematic intelligence report provides an overview of the current landscape, as well as key players making a mark within it. The report provides an industry-specific analysis based on GlobalData databases and surveys, along with...
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Company Insights
Tesco Plc – Digital Transformation Strategies
Tesco Digital Transformation Strategies Report Overview Tesco Plc. (Tesco) is using big data, artificial intelligence, and the cloud among other disruptive technologies to digitally transform its operations. The annual ICT spending of Tesco was estimated at $1.9 billion for 2023. A major share of this spending is earmarked for acquiring software, hardware, and ICT services from vendors. Tesco is a worldwide retailer of general merchandise. The company carries out business through both offline and online channels. It operates stores in...
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Company Insights
Tesco Plc. – Enterprise Tech Ecosystem Series
Tesco Plc (Tesco) is a worldwide retailer of general merchandise. The company carries out business through both offline and online channels. It operates stores in multiple formats differentiated by size and range of products sold, including large, small, dotcom only, and one-stop. Tesco offers a wide array of food and non-food products, including fresh food, bakery, frozen food, grocery, toys and games, home and entertainment products, consumer electronics and electrical goods, drinks, baby products, garden, clothing, household appliances, pets, and...