Cin7 Releases Winning the Holiday Dollar Report, Finds Consumers Are Willing to Pay for Convenience Despite Tight Shopping Budgets
Summary
Despite the desire to stick to a budget, almost all respondents (94%) agreed that item availability influences where they shop, and 70% have abandoned an entire purchase due to stockouts. "While consumers continue to be budget-conscious heading into the holiday shopping season, our research makes it clear: businesses must be strategic with their inventory planning," said Ajoy Krishnamoorthy, CEO of Cin7. With rich insights into their customers shopping preferences and budgets, they have the greatest potential to meet demand with in-stock items and timely delivery – giving them a competitive edge this holiday season." Cin7s Core and Omni products natively integrate with over 700+ applications, so business owners can consolidate, streamline, automate, and scale their inventory operation from one place. Founded in 2012, Cin7 has grown into a global force, supporting product sellers in 100+ countries, serving 8,000+ customers and processing over 125 million orders annually.