Day: October 26, 2022

Data-Driven Insights Go Beyond Utilization to Assess Market Propensity for Ambulatory Surgery Center Use

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The 2022 Amazon vs. Walmart report explores consumer shopping preferences, third-party selling, and e-commerce strategies, examining the impact on the present and future e-commerce landscape.

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
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Newswire.com

Original Source:

Jungle Scout’s Amazon vs. Walmart Report Highlights Battle Over Grocery and Tech

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ZUG, Switzerland – October 26, 2022 …

The #1 provider of energy rating software revealed that over 60K homes energy rated with their application in 2022 failed to meet the new version of the tax credit’s requirements by a margin of 10% or less.

BOSTON – October 26, 2022 – (Newswire.com)

Ekotrope, the #1 provider of home energy rating tools used to analyze more than 1 in 4 new U.S. homes, announced a new quarterly webinar series titled “The State of the Industry Update.”

The company will utilize energy rating data of nearly 1 million homes to educate industry stakeholders about different residential home energy efficiency market insights to achieve better alignment and allow for more informed decisions.

The first webinar, aired on Sept. 29, centered around the new 45L Tax Credit opportunity. With the new Inflation Reduction Act, in 2023 builders will be able to claim a tax credit of $2,500 for meeting Energy Star 3.1 and $5,000 for meeting DOE Zero Energy Ready. Ekotrope’s analysis revealed that there were over 60 thousand homes rated with Ekotrope in 2022 that failed to meet the new tax credit’s requirements by a compliance margin of 10% or less. If these homes were slightly more energy-efficient, they could claim over $160 million in projected tax credits.

More specifically, the Ekotrope team found that most of these builders only needed to change a few simple specifications in order to pass the compliance threshold in 2023.

This revelation comes at a critical time for industry stakeholders as residential construction starts are projected to decline in the coming months. Not only can builders rely on the 45L Tax Credit through December of 2032, but compliance with the legislation is not as difficult as once thought. 

The State of the Industry Update series represents just one of the many ways Ekotrope is utilizing its wealth of data to strengthen the impact of the new construction industry.

“Ekotrope is committed to using its leadership position and visibility into the market to empower the industry to build more cost-effective, energy efficient homes. We aim to transform the industry by bringing timely, data-backed insights to industry stakeholders.”

– Ziv Rozenblum, CEO and Cofounder

This quarterly webinar series is curated for those interested in learning more about market opportunities associated with home performance, energy efficient building trends and ESG. Anyone whose work is related to energy-efficient new home construction is encouraged to attend. For example, raters, builders, utility representatives and program implementers, building product manufacturers, etc. 

Watch the recording of the September webinar here. Follow Ekotrope on LinkedIn for updates about the next installment of the series, set to air in December. To learn more about Ekotrope, visit ekotrope.com or contact [email protected].

Contact Information:

Sara Bullock

Marketing Associate

[email protected]

7813464395

Press Release Service
by
Newswire.com

Original Source:

Ekotrope Identifies $160M Potential in Homes Nearly Passing the 45L Tax Credit