doxoINSIGHTS Unveiled: Inaugural Report Reveals U.S. Households Pay $984, on Average, on Recurring Household Bills
Summary
doxoINSIGHTS analyzes aggregate payment statistics to more than 45,000 billers across 45 different service categories from over 2.5 million users to uncover the actual, unfiltered average cost consumers pay for key household bills and share it in a collective snapshot. doxo’s data is based on anonymized, aggregated statistics from actual payments made by millions of households for key services, and thereby avoids the self-reported estimates and inaccuracies inherent to standard consumer polling methods of typical industry reports. doxoINSIGHTS goes deeper than the standard polling approach of common industry reports, because the data is not based on self-reported estimates of expenses, but rather actual payment trends aggregated across millions of users. doxo’s data is based on anonymized, aggregated statistics from actual payments made by millions of households for key services, and thereby avoids the self-reported estimates and inaccuracies inherent to standard consumer polling methods of typical industry reports.. Whereas an average industry survey will poll a few hundred or a thousand participants, doxo has access to data from more than 2.5 million paying users across the United States, and their aggregated routine, monthly household expenses.