Rising banking fees are frustrating consumers, and many are committed to avoiding these fees by switching payment methods. Recent surveys compiled by Mintel Comperemedia shows that 56% of shoppers would stop using their debit card if their bank or other financial institution began charging $2 a month for it. Only 19% of respondents would pay [...]
As Thanksgiving draws year, thousands of shoppers are getting excited for Black Friday, the day after the holiday celebrations. This has become America’s biggest shopping day due to the beginning of the winter holiday shopping season. PriceGrabber, an Experian branch, has surveyed consumers about their feelings towards Black Friday deals for the second winter season [...]
Many small business owners use social media tools for personal enjoyment, but despite their understanding that it has an effect on their business, they don’t know how to properly use these networks to grow their business. Most of these people are also putting off the investment in social media marketing until they fully grasp how [...]
The U.S. Postal Service closed the 2011 fiscal year, which ended in September, with a $5.1 billion net loss. This loss would have been over $10 billion except for legislation that put off the mandated payment that the service must soon make into the retiree health benefits fund to cover current workers. The mail volume [...]
Shopping options from a plethora of online and mobile services will keep gift shoppers spending this year without ruining their budgets, according to new information gathered by the 26th annual survey for holiday consumer spending by Deloitte. 48 percent of consumers responded that they plan to shop online for gifts this year. This is a [...]
Americans share more of their personal lives than ever with the use of social networks, blogs and other online services. However, they remain concerned about their privacy when it comes to the job search. 88% of people polled by TheLadders.com agreed that their privacy was very important to them in a survey devised by Wakefield [...]
The Consumer Report Index for November shows that the overall financial health of consumers is slowly improving, but some setbacks will make the holiday shopping season challenging. Employment is slowly but steadily growing again. New jobs outpaced the loss of employment slightly this month. Unfortunately, consumers sentiment and trusts is falling again, hitting 45.0 after [...]
As banks raise their fees, over 500,000 consumers have been moving their monetary accounts to credit unions in the last month. Billions of dollars of savings and checking account balances have been transferred according to the Credit Union National Association. This is the country’s biggest advocacy group for the credit union industry. CUNA surveyed over [...]
About 200 million consumers will engage in gift shopping this holiday season, according to the new Holiday Shopping Poll from Consumer Reports. Optimism for happiness this holiday season is at 33%, which is slightly lower than the 40% reporting expectations of happiness last year. This lowered level of optimism will affect their spending on travel [...]
As the holiday shopping begins in earnest, Experian’s PriceGrabber has released information from its recent shopping survey. The survey tracked the methods that consumers will be using this year to make gift purchases. 90% of respondents said that they will shop online on a computer, which is a 1% over the rate in 2010. Shopping [...]
