Cost of Acquiring Customers, Small Shops Making Big Marks, Money Isn’t Everything for Job Seekers

By  |  October 26, 2021
 | 
Pop-up Shop

Small shops are improving their physical store experiences as shoppers return. Plus, higher wages aren’t the most important reason for people to seek new employment, and it’s a lot more expensive to acquire new customers than it used to be.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Data:

    60%: Share of Homebase clients that closed their businesses at the beginning of the COVID-19 pandemic.

    61.6%: The U.S. labor participation rate in September 2021, down from 63.4% in January 2020.

    36: Number of Target stores with Apple shop-in-shop experiences.

    59%: Share of customers who prefer to pay for and receive products in stores.

    Advertisement: Scroll to Continue

    10X: One tea seller’s cost increase for acquiring a new customer through Facebook and Instagram ads.


    Recommended

    draft kings

    DraftKings Enters Prediction Markets With Rollout of App and Web Product

    cross-border trade

    How AI and Orchestration Rewired Cross-Border Payments in 2025

    China

    Defense Spending Law Restricts US Investment in Chinese Tech Companies

    subscriptions

    Why the Subscription Business Is No Longer About Content

    See More In: , , , , ,