4min chapter

2X eCommerce Podcast cover image

S07 EP50: Where and What to Focus on in 2023

2X eCommerce Podcast

CHAPTER

Consumers Are Value Driven in 2023

In the UK, 65% of adults are spending less on non-essential items. Consumer confidence remained below minus 40 for the ninth month in a row in January. Sam's Club went up by 5.5% in November 2022 to 9.7% in January 2023. The second is luxury for international brands,. obviously, will still benefit in 2023. Generative AI is a big, big, big macro trend.

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