Articles by tag: Consumers
How can enterprises build trust with consumers in an age where data privacy and transparency are paramount? At CES 2024, Cindy Warner, the founder and CEO of 360ofme, a company focused on bridging the trust gap between enterprises and consumers, emphasized the importance of transparency in building trust with consumers and navigating the regulatory […]
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A Rapidly Changing Payments Landscape is Demanding Banks and Consumers to Restrategize
The American payments landscape is in an era of profound transformation, driven by technological advancements, changing consumer behavior, and recent global events. The most intriguing shifts aren’t just from physical to digital, but also in the variety of non-cash methods chosen by consumers, reflected in the growth of prepaid debit cards and the declining […]
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Key Indicators Show That Price Increases Have Slowed Since October
Some top inflation indicators have shown that price increases have slowed since the month of October. While that sounds great on paper, experts are hesitant to call this a win. Joshua Wilson, Adjunct Professor at Baylor School of Business, says that he remains unimpressed as these reports come out. He mentions that we’ll need to […]
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Consumers Seek More Value from Travel and Hospitality
A recent report from PwC suggests that revenue for hotels will continue to go up over the coming months. This is great news for hoteliers who survived the 2020 pandemic and are looking to recoup costs. What’s more, studies also suggest that customers are happy to pay for these increased prices, even at inflated rates. […]
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Warehousers Beware: Peak Demand May Occur Outside the Holiday Season
As evidenced by record sales this last Black Friday, consumer demand for online shopping has never been higher. And thankfully for Christmas shoppers all over the world, retail supply chains are rebounded from pandemic levels. Walmart, Sam’s Club and Target all claimed their inventories are primed to meet peak demand, and will now have those […]
Healthcare
The Enforcement of Hospital Pricing Transparency and its Downsides
When it comes to healthcare pricing at hospitals, despite a law in place that requires the listing of procedure costs — they haven’t always been easily accessible. But the Center for Medicare and Medicaid Services (CMS) is now enforcing that rule with some pricey penalties. The discussion surrounding pricing transparency is not new and has been a […]
Reinventing Normal
Why the Rebirth of “Local” is Good for Commerce, Community and Common Sense
It goes without saying that the COVID-19 pandemic has changed so much of the world, and the effects of it will continue to be in conversations in the years to come. In an edition of “Reinventing Normal,” host Mark Landini talked with senior features editor for the U.S. Chamber of Commerce, Barbara Thau, about the […]
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Automation in Action: Robotic Pallet Movers are Enhancing Efficiency and Transforming the Modern Warehouse
The world of logistics is undergoing a major transformation, all thanks to robotic picking and stacking tech. These robotic pallet movers automate the stacking of products, thereby enhancing efficiency and accuracy in warehouses and distribution centers. As e-commerce continues to grow, the demand for quicker and more efficient operations is pushing the adoption of […]
Extended-Stay Hotels Must Analyze Markets & Embrace Flexible Options for Sustained Growth
The extended stay hotel market, once riding high on unprecedented growth, has recently faced a dip in occupancy rates. This downturn marks a significant shift from the robust expansion observed over the past years, driven by a surge in guests who preferred longer stays due to various economic and lifestyle factors. Despite this, the […]
High-Quality Live Events Technology is the Secret Weapon for Unforgettable Experiences
The fusion of technology and creativity is setting new standards for audience engagement and event personalization at live events. Live events technology such as augmented and virtual reality are now at the forefront, offering immersive experiences that bridge the gap between the digital and physical worlds. AI and machine learning are also revolutionizing event […]
Power Over Ethernet Revolutionizes Home Automation by Simplifying Installations and Enhancing Connectivity.
Homes become increasingly connected and Power over Ethernet (PoE) emerges as a transformative technology in residential automation and entertainment systems. By allowing electrical power and data signals to travel over a single Ethernet cable, PoE offers a streamlined approach to powering devices like smart speakers, security systems, and lighting, all while reducing cable clutter. […]