Online Grocery Shopping is Popular in Japan

By Staff
Monday, December 10, 2018 12:41 PM Recently, the website Statisa, which specializes in data visualization, examined the popular of online grocery shopping in Japan, a country known for its “well-oiled service industry and its fondness of around-the-clock convenience,” as writer Julia Engelmann noted. Since the busy lifestyle of many of the country’s citizens demands efficiency in both professional and private life, online shopping experiences, including smooth, tailor-made door-to-door delivery provided by highly developed distribution channels, are growing in popularity. Japan is not only one of the world’s largest e-commerce markets, but one of the fastest growing, too. Therefore, it may not come as a surprise that large retail chains are increasingly dipping into the waters of online food retail.

The Impact of Healthcare Mergers and New Entries

By Staff
Monday, December 10, 2018 12:20 PM Health care players are crossing traditional boundaries — and health care providers expect recent combinations to overturn the industry. In light of recent mergers such as CVS-Aetna and Optum-DaVita, we conducted an NEJM Catalyst Buzz Survey, sponsored by BDO, to ask the NEJM Catalyst Insights Council what impact they expect from innovative mergers and potential new entrants. By a large majority, members of the Insights Council, a qualified group of U.S. executives, clinical leaders, and clinicians involved in health care delivery, expect these mergers to disrupt the prevailing order over the next three years.

The Stage Is Set for a Strong Online Holiday Shopping Season

By Staff
Friday, December 7, 2018 2:36 PM Boosted by a solid Thanksgiving weekend and rising consumer confidence, most retail watchers, including Internet Retailer, are predicting a strong online holiday shopping season. As the results of Internet Retailer's analysis of the holiday season thus far indicate, e--commerce sales increased 19.2 percent to $22.55 billion during the five-day period between Thanksgiving and the close of business on Cyber Monday, a period that Internet Retailer refers to as “Cyber 5.” “Our data tells a story of a strong online holiday season, thanks to strong e-commerce growth, [rising] national consumer confidence and consumers' willingness to buy online,” Internet Retailer reported. Among the other key developments in the 2018 holiday shopping season, according to Internet Retailer, are that 76 percent of shoppers planned to purchase more than one-quarter of their gifts online this year, e-commerce accounted for an estimated 15.2 percent of all retail sales during the Thanksgiving weekend and 60 percent of consumers will shop on marketplaces during the holidays.

The 3 Health Care Treatments People Are Most Likely to Put Off

By Staff
Thursday, December 6, 2018 1:35 PM Those patients you haven’t seen in a while may be avoiding you because they can’t afford the visit. Eyecare is among the top treatments people without health insurance will avoid, according to Shawn M. Carter, who, on the CNBC site, analyzed research that combined data from financial web site Earnin and survey results from a recent Harris Poll. According to the research, 54 percent of Americans say they’ve delayed care for themselves in the past year because of cost, and another 23 percent delayed care for more than a year for the same reason. The three types of care that are delayed most: dental work, eyecare and annual exams. Of those who have delayed care in the past 12 months, 55 percent put off dental and/or orthodontic work, 43 percent put off eyecare, and 30 percent put off annual exams.

Social Media Ad Boom Continues

By Staff
Wednesday, December 5, 2018 3:08 PM Despite the fact that platforms such as Facebook and Twitter have come under fire this year for allowing bots and fake profiles to spread false information and sow hatred and division, social media advertising continues to grow in the U.S., according to a recent post from statista.com. IAB’s latest Internet Advertising Revenue Report revealed social media ad revenue in the U.S. amounted to $13.1 billion in the first six months of 2018, up 38 percent from the first half of 2017. Social media advertising now accounts for 26 percent of total internet advertising revenue, a sharp increase over its 8 percent share in 2012. Click here for the full story.

NRF Predicts Rise in Consumer Holiday Spending

By Staff
Tuesday, December 4, 2018 3:53 PM Consumers say they will spend an average of $1,007.24 during the holiday season this year, up 4.1 percent from the $967.13 they said they would spend last year, according to the annual survey released in October by the National Retail Federation and Prosper Insights & Analytics. The consumer survey comes on top of NRF’s annual holiday spending forecast, which takes into account a variety of economic factors to project overall spending rather than per-consumer spending. The forecast estimated that holiday retail sales in November and December will be up between 4.3 percent and 4.8 percent over 2017 for a total between $717.45 billion and $720.89 billion.

Battle of the Sexes: How Millennials' Financial Attitudes, Habits Differ by Gender

By Staff
Monday, December 3, 2018 2:04 PM As the saying goes, "men are from Mars, women are from Venus." But when it comes to how each sex approaches their finances, the two groups might as well be from different universes, according to findings from the recent PNC Investments Millennials & Investing Survey. Compared to their male counterparts, female millennials generally report being much more risk-averse, skeptical of alternative investments – including cryptocurrencies and peer-to-peer lending – and have, on average, only saved about two-thirds as much money for retirement as their male peers. When comparing how millennials invest, the study finds men have greater appetites for higher-risk investing avenues. Fourteen percent of millennial men report that they "embrace" risk—double the number of female millennials reporting similar sentiment.

Looking at the Ways Digital Has Transformed the Creative Landscape

By Staff
Friday, November 30, 2018 1:34 PM In the old days (or perhaps just a few years ago), marketing and advertising teams worked to develop only a few very good ad pieces that would be used in traditional media channels. Well, say hello to the new reality in the creative space, where digital certainly has revolutionized “nearly every aspect of creative, from how it’s made to how it’s distributed,” according to a recent infographic created by MDG Advertising.

Marketing With Stories on Facebook, Instagram and Snapchat

By Staff
Thursday, November 29, 2018 2:02 PM Facebook is making a major push for stories across all of its apps, betting that consumers and marketers will gravitate toward this form of ephemeral communication. Stories are a creative playground, an enticing way to reach mobile-savvy young people and the latest twist on influencer marketing, according to a report from eMarketer. But while they have been a hit on Instagram and Snapchat, few Facebook users have taken to them so far. Hundreds of millions of social users across Instagram and Snapchat are using stories on a daily basis. However, usage is less common outside of the Gen Z/millennial generations, and Facebook hasn’t cracked the code yet.

Black Friday Was a Holiday for Many ODs, Pop-Up Poll Says

By Staff
Wednesday, November 28, 2018 1:20 PM Most of the respondents—64 percent—of a recent Women In Optometry  Pop-up Poll said that their offices were going to be closed for Black Friday. Another 18 percent said that the office would be open, but the respondent was not working that day. However, 69 percent of the respondents to the poll said that they were the owner/partner/boss in their practice, and only 30 percent were employees. Respondents reflected a variety of strategies for whether such holidays are paid days for staff. Fully one-third of respondents said that it is a paid holiday (16 percent said it’s a holiday for all employees, and 18 percent said it’s a paid day for full-time staff). Another 25 percent said that it can be taken as a paid flex-time day for those who have the time remaining and the remainder said it is not a paid holiday.

How Blockchain Technology Could Disrupt Healthcare

By Staff
Tuesday, November 27, 2018 12:53 PM The healthcare industry is plagued by inefficiencies, errors, bureaucracy, and high administrative costs. Could blockchain technology help solve some of these challenges? That’s the question CB Insights, a New York-based market research firm, sets out to answer its new report, ““How Blockchain Technology Could Disrupt Healthcare.” Geared for investors, the report examines how blockchain could solve some of the healthcare industry’s most pressing compliance, interoperability, and data security issues, as well as enable new patient-centric business models. But CB Insights cautions that unlocking blockchain’s potential for healthcare will be a slow process, and change is unlikely to come fast.

Bausch + Lomb Contact Lens Recycling Program Makes Significant Strides

By Staff
Monday, November 26, 2018 11:24 AM Bausch + Lomb announced earlier this month that its exclusive One by One Recycling Program has recycled a combined total of more than five million units of used contact lenses, blister packs and top foils since the program’s inception in November 2016. The program is made possible through a collaboration with TerraCycle, a company that collects and repurposes hard-to-recycle post-consumer waste. Bausch + Lomb and TerraCycle said they have diverted nearly 31,000 pounds of used contact lenses, blister packs and top foils to date, the equivalent of approximately two and a half times the weight of an elephant, from oceans, lakes, streams and landfills.

8 Facts About Americans and Their Relationship With Facebook

By Staff

Tuesday, November 20, 2018 3:46 PM Facebook is one of the most popular social media platforms among adults in the United States. At the same time, it has attracted scrutiny in recent years because of concerns over its ability to keep users’ personal information private and its role in the 2016 presidential election. Here are a few facts from Pew Research Center about Americans’ relationship with Facebook. Around two-thirds (68 percent) of U.S. adults use Facebook, according to a survey conducted in January. Many adult Facebook users have a complex relationship with the platform—a little over half of adult Facebook users in the U.S. (54 percent) have adjusted their privacy settings in the past 12 months. Facebook is used by around half of America’s teens, but it no longer dominates the teen social media landscape as it once did, according to a survey of U.S. teens. For more facts about Americans and Facebook, based on Pew Research Center surveys conducted in 2018, click here.

Shoppers Prefer Mobile, but Not for Payments

By Staff

Tuesday, November 20, 2018 11:57 AM An August 2018 survey by GfK found that 45 percent of U.S. internet users say their mobile device is quickly becoming their most important shopping tool, up from 29 percent in 2015. 36 percent of respondents agreed that mobile social networks were becoming as influential as other information sources when making best product choices versus 27 percent in 2015. However, only 28 percent said they would like to buy more products via mobile payments. Yet that represents an increase of 11 percentage points over 2015. The most common smartphone activity while shopping is comparing prices (36 percent) while 30 percent gather product information and read product reviews. Fewer transact via mobile (26 percent) and far fewer pay in store with a mobile phone (17 percent).

Transitions Optical Research Reveals Consumer Eyeglass Purchasing Habits

By Staff

Monday, November 19, 2018 2:48 PM Transitions Optical and the Center for Generational Kinetics partnered on national research to uncover attitudes and approaches to eyewear, generational-specific eyewear shopping behaviors, purchase influences, and how eyecare professionals can appeal to different generations. Millennials enjoy the eyeglass shopping experience the most across all generations and eyecare professionals have the most influence on their purchasing decisions—according to the white paper, “The Eyeglass Consumer: Generational Shopping Behaviors toward Transitions Light Intelligent Lenses,” released by Transitions Optical.