In the News

Retailers get a handle on how and why eCommerce orders have spiked since stores started closing at the end of February. Quantum Metric’s Tamara Gaffney weighs in.

Data from Quantum Metric shows online apparel revenue growth is up 43% from this time last year

Quantum Metric data shows that the COVID19 e-Commerce uptick appears to have started in February, with online orders surging by 108% year-over-year.

Tamara Gaffney, our VP of Decision Strategy, shares why social is going to be an increasingly important channel for brands during this time.

Almost half of retailers expect some economic downturn due to the pandemic. However, preliminary data from Quantum Metric shows that e-commerce has recently experienced an average revenue weekly growth rate increase of 52% and an 8.8% increase in conversion rates compared to a year ago.

Research from Quantum Metric shows online orders have surged by 108 percent year-over-year in February.

New research from Quantum Metric shows that fashion and general retailers have seen a 106% increase in sales this year compared to the same period last year.

Quantum Metric’s Tamara Gaffney comments on retail brands thinking about an AR strategy and also that AR development is still in early stages.

Quantum Metric data indicates that e-commerce sales for retailers that also have brick and mortar locations saw an average revenue weekly growth rate increase of 52% and an 8.8% increase in conversion rates between January 1 and February 29.

Quantum Metric’s data shows recent clothing shopping revenue is already up 43% at U.S.-based online retailers.