Articles by tag: Consumers
The global competition in the electric vehicle (EV) sector is intensifying and U.S. manufacturers are focusing on innovative strategies just to stay ahead. The key to achieving this effort is educating consumers about the benefits of EVs and fostering collaborations between industries and governments. These initiatives aim to make EVs more accessible and affordable,…
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CES 2024: Transparency is at the Forefront of Consumers’ Trust Concerns in Enterprise Companies
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…
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Leverage Data-Driven Tools and Local SEO for Maximum Search Engine Rankings
As businesses continue to navigate the digital landscape, data-driven tools are more crucial than ever for effective SEO strategies. Understanding and implementing the proper SEO practices can make a significant difference with evolving algorithms and competitive markets. Given that 75% of users never scroll past the first page of search results, this statistic underscores…
On-Device AI is Today’s Tech Innovation, Competition and Market Leadership Driver
On-device AI revolutionizes the tech landscape, making it a critical factor for industry dominance. This cutting-edge technology directly integrates advanced AI capabilities into devices, transforming consumer and enterprise applications. This shift stems from the need for improved performance, reduced latency, enhanced data privacy & security, and personalized user experiences. With advancements in neural processing…
The Role of AI in Modern Supply Chains: Insights from Aaron Hatfield at Arvist
Artificial intelligence rapidly transforms modern supply chains, with companies like Arvist leading the charge. In a recent episode of Hammer Down, hosted by Mike Bush, Aaron Hatfield, the Head of Sales at Arvist, sheds light on AI’s practical applications and benefits in enhancing supply chain operations. Is AI in the supply chain a double-edged…
Training New Semiconductor Manufacturing Professionals is Key to Meet Coming Domestic Manufacturing Demand
Over the past few years, the U.S. has made significant strides in semiconductor manufacturing, driven by substantial investments and strategic policies. With the CHIPS Act expected to triple domestic semiconductor manufacturing capacity by 2032, the need for a skilled workforce is more urgent than ever. This discussion explores the key question: What does the…