Category: Business

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

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

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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

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

FPW Media Ranks No. 45 on Adweek 75: Fastest Growing With Three-Year Growth of 122%

SPRINGFIELD, Ore. – October 25, 2022 – (Newswire.com)

Adweek yesterday ranked FPW Media no. 45 in its annual Adweek Fastest Growing Agencies feature. Fastest Growing honors the 75 top agencies — large and small, from all over the world — whose industry presence is on the rise. Accepting entries from every agency and solution provider category, this distinction is awarded to those organizations that have achieved exceptional growth over the past three years. 

“FPW was first named to AdWeek’s fastest growing companies in 2020, and I am honored for FPW Media to have had the privilege of being named a second time,” said Owen Garitty, founder and lead creative. “This is a tremendous achievement that was only possible through the hard work of FPW’s team members as well as our incredible clients who continue to trust us with their brands.”

Complete results of Adweek 75: Fastest Growing, including company profiles, can be found at https://www.adweek.com/fastest-growing-agencies/2022 and in the Oct. 24 issue of the award-winning Adweek magazine. Featured organizations include holding companies, independent agencies, both global and regional focused, as well as organizations providing industry services across the spectrum from mobile to lead-gen. 

“After weathering the pandemic-induced economic crisis of 2020, agencies experienced a new year that saw many shops returning and surpassing their pre-pandemic revenues in 2021. But a new threat looms in 2022: Inflation and a potential recession are driving brands to cut marketing spend — even when most experts recommend increasing ad spend during economic downturns,” said Jameson Fleming, Adweek’s editor. 

“As budget cuts trickle down to agencies, they get a smaller piece of the pie (if they even get a piece at all), which can potentially initiate layoffs,” Fleming added. “This year’s Fastest Growing Agencies are in a unique position to use their rapidly scaling businesses to come out of economic turbulence with their staffs intact and ready to pick off business from agencies that are struggling to get by.”

The FPW Difference

FPW Media was founded on the concept of positioning our clients to stand out amongst their competition in a fast-paced world. We make the impossible possible on a daily basis for our incredible clients by equipping them with cutting-edge strategies that ensure optimal market engagement. Our unique company structure allows us to perform all of our services in-house with a critical eye for consistency and detail. Our team of creatives works with brands across the nation to develop innovative solutions and breathtaking content. From marketing to business services, we provide the perfect solutions for any industry and execute our clients’ goals without compromise. 

MEDIA CONTACT: 
Joe Liebersbach
541.343.1355
[email protected]

4660 Main Street, Suite 160
Springfield OR 97478

More About Adweek 

Methodology  

The 2022 Adweek 75: Fastest Growing is ranked according to percentage revenue growth when comparing 2019 to 2021. To qualify, companies must have been founded and generating a minimum revenue level by 2019.  

About Adweek 

Adweek is the leading source of news and insight serving the brand marketing ecosystem. First published in 1979, Adweek’s award-winning coverage reaches an engaged audience of more than six million professionals across platforms including print, digital, events, podcasts, newsletters, social media and mobile apps. As a touchstone of the advertising and marketing community, Adweek is an unparalleled resource for leaders across multiple industries who rely on its content to help them do their job better. 

For more information on Adweek 75: Fastest Growing, visit https://www.adweek.com/fastest-growing-agencies/2022/.

For more information, contact: [email protected]  

Contact Information:

Joe Liebersbach

Director of Client Strategy

[email protected]

541-343-1355

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FPW Media Announces Ranking on Adweek’s 2022 Fastest Growing Agencies

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