Upside的动态

?? We’re looking forward to the #NACSShow next month. Want to connect? ?? Find us on the showroom floor at Booth C5952 ?? Join us at AREA15, a multiverse playground with more than two dozen immersive experiences to choose from Still need to save your spot at AREA15? Link in comments!

New government data is out! Today’s CPI report shows that August had the lowest inflation since February 2021, establishing that the Fed is on track for an interest rate cut this month. This could stimulate economic activity and hopefully lead to further cuts over the next year. Of particular note: grocery prices. Grocery inflation is now at 0.9% annually — the lowest rate since June 2021. Consumers still perceive their shopping list as being more expensive, but grocery prices have remained remarkably stable over the past year. Month-over-month changes: ?? Total inflation: 0.2% ? Gas (all types): –0.6% ?? Food at home: 0.0% ?? Food away from home: 0.3% Year-over-year changes: ?? Total inflation: 2.5% ? ? Gas (all types): –10.3% ?? Food at home: 0.9% ? ?? Food away from home: 4.0%

Good news for consumers *and* retailers: new BLS data shows that average wage growth is outpacing inflation. That could encourage cautious, uncommitted consumers to spend more. Unemployment is also ticking down, which increases job security and consumer confidence — leading to larger purchases or more frequent spending. The data: ??Average hourly earnings increased 3.8% year over year, compared to 2.9% inflation over the same period. ??142,000 new jobs were added in August, slightly lowering the unemployment rate to 4.2%. ?? With today’s data in line with expectations, it’s still likely the Fed will begin cutting interest rates in September. This would further increase economic activity, all while inflation is cooling. #consumerconfidence

We analyzed 1 billion transactions and 1,700+ consumer survey responses, uncovering five key trends shaping today’s shopping behavior ?? Together, those five trends add up to the rise of the “uncommitted customer” — a value-driven, digitally savvy shopper who doesn’t mind visiting multiple stores and formats to get what they need. Get the full report here: https://lnkd.in/g8ScrQsj

You might have already seen it on The Today Show: The inaugural Consumer Spend Report analyzes 1 billion transitions and thousands of consumer survey responses to understand what’s shaping the way we shop. The biggest surprise? The rapid rise of the “uncommitted customer.” Whether you call them “infrequent,” “irregular,” “occasional,” or “secondary,” these customers shop around for the things they need and are uncommitted to one retailer or brand. And they’re not rare. In fact, the uncommitted customer is most of us. They’re challenging to win, but they also present a huge opportunity for retailers’ growth. Get the full report: https://hubs.li/Q02NnZsM0

What do you need to help make your revenue teams as efficient as possible? Empathy. At least that’s what Alla Bliskovsky does as an Upside Revenue Enablement Manager! Read our whole interview with her (including her shoutout to colleague Pantea Farhi Stevenson!) here: https://hubs.li/Q02Ncd4K0 #salesenablement #revenueenablement

?? Did you catch us on the NBC News Today Show? Upside’s Thomas Weinandy sat down with Vicky Nguyen to talk about our latest research on consumer spending and the rise of the “uncommitted customer.” https://lnkd.in/gZyPusQj

When it comes to building #customerloyalty in grocery, what are you doing that's different? Your loyalty program + Upside makes it so customers don't have to shop around for the value they need, and you earn more share of wallet.

Shoppers nationwide are driving incremental profit to our network of over 100,000 retailers — and we’re able to channel that incremental profit potential into grocers who join the network. #grocery