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Luxury gemologists and retailers often refer to the 4Cs as criteria for assessing the quality of a diamond (i.e., color, …
27 Tuesday Feb 2024
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Luxury gemologists and retailers often refer to the 4Cs as criteria for assessing the quality of a diamond (i.e., color, …
21 Thursday Sep 2023
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Environmentally conscious consumers might already plan to use reusable mugs every time they visit their local Starbucks for a brew. …
10 Thursday Aug 2023
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Conscious Marketing, Consumer Beavior, consumer behavior, Corporate Social Reponsibility, ethics, Shoplifting, Target
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For retailers, shoplifting may have always been a concern, but the challenge also is growing disproportionately and to potentially unsustainable …
25 Tuesday Jul 2023
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Confronted with the growing ubiquity of tablet checkout screens that prompt suggested tip amounts, at coffee shops, retail stores, hair salons, and so forth, U.S. consumers are rejecting the hint. Arguably due to their “tipping fatigue,” people have indicated their decreased willingness to tip at all, even in conventional settings like deliveries and sit-down restaurants. Whereas a few years back, an estimated 77 percent of diners tipped every time they ate at a full-service restaurant, a recent survey indicates that only 65 percent do so now. Yet among those consumers who do tip, the amounts they leave have grown larger; the median tip for restaurant servers generally ranges around 20 percent, higher than it was in the past. Demographics have some effect on these trends too: Men and younger adults tend tip less frequently. But when they do tip, they throw down an impressive amount. Furthermore, attitudes toward tipping as a norm continue to grow less positive, with an estimated one-third of adults asserting that the practice simply has grown out of control. It shows no signs of stopping though; consumers must continue to decide how to react when a service provider turns that tablet around and waits expectantly to see which button they click.
Sources: Jared Mitovich, “Fewer Americans Are Tipping, Bankrate Survey Finds,” Yahoo Finance, June 8, 2023
22 Thursday Jun 2023
Posted in Chapter 06: Consumer Behavior
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Just as many conventional wedding traditions have fallen out of popularity (does anyone still do garter tosses?), so has the …
14 Friday Apr 2023
Posted in Chapter 06: Consumer Behavior
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Groceries have gotten expensive. As of March 2023, food prices were up 8.5 percent compared with a year earlier, per …
07 Tuesday Mar 2023
In Europe, consumers who prefer to eat plant-based meals have abundant choices when they visit their local fast-food eateries. Whether …
04 Saturday Mar 2023
Posted in Chapter 06: Consumer Behavior, Uncategorized
In March 2020, many booksellers feared that the advent of the COVID-19 pandemic would ring a death-knell for independent bookstores. …
02 Thursday Feb 2023
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Netflix knows you’ve been sharing your passwords, allowing your mom, your cousin, your ex-boyfriend, a few people in your dorm, …
26 Thursday Jan 2023
Posted in Chapter 06: Consumer Behavior
While on vacation, people often imagine what it would be like to live in their getaway location. Could they be …