Online shoppers spend less, even as conversion rates barely change
Consumers on average spent less online per order in August compared with the same month a year ago, though conversion rates remained virtually unchanged, according to data released today by RichRelevance.
RichRelevance is the global leader in experience personalization, driving digital growth and brand loyalty for more than 200 of the world’s largest B2C and B2B brands and retailers. The company leverages advanced AI technologies to bridge the experience gap between marketing and commerce to help digital marketing leaders stage memorable experiences that speak to individuals – at scale, in real time, and across the customer lifecycle. Headquartered in San Francisco, RichRelevance serves clients in 42 countries from 9 offices around the globe.
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Consumers on average spent less online per order in August compared with the same month a year ago, though conversion rates remained virtually unchanged, according to data released today by RichRelevance.
