Prosper Consumer Confidence Is Off, How Will It Impact Spending?

The latest from Prosper on Forbes.com

This month, Deborah Weinswig, Executive Director, Head Global Retail & Technology, Fung Business Intelligence Centre, has provided comments on some of Prosper’s leading indicator analytics including Prosper Consumer Confidence, the Prosper Spending Forecast, the Prosper Impulsivity Score, and the Prosper Mood Index.

Prosper Consumer Confidence: At 42.5%, consumer confidence is down nearly four points month-over-month. This month’s reading represents a 15% decline from Jan-15 (50.1%) as well as a 13 month low. “With this survey fielded January 5 – January 12, concurrent with a 3.9% drop in the S&P 500, consumers no doubt were rattled by the week’s stock market performance and its negative impact on household wealth entering 2016,” according to Deborah Weinswig. “It is worth noting that continue reading…

Has Big Data Taken The Human Out Of Human Behavior?

The latest from Prosper on Forbes.com

Consumer Transactions And Clicks Provide Incomplete Picture For Marketers

In junior high school sciences, I learned about Homo sapiens, otherwise known as human beings. I recall that humans are distinguished from other animals by their superior mental development, ability to articulate through speech, think and question, and create things. Later in life, I learned about the human conscious and unconscious mind which determines human actions and reactions to stimuli. No two humans are exactly alike, and I haven’t even gotten into the differences between genders. Continue reading.

Sears: The Good, The Bad And The Ugly

From Forbes on January 26, 2016:

With the challenging holidays officially in the rear view, ‘tis the season for store closures. While Macy seems to be bearing the brunt of the criticism, Sears Holdings, relatively speaking, slipped under the radar with its recent disclosure that it will be shuttering a “small percentage” of Sears (as well as Kmart) stores in 2016. This confirmation appeared to be par for the course for the department store dinosaur, which just might be dying the slowest death in retailing history. But is there any silver lining for Sears? Using consumer insights from Prosper, I’ve analyzed the good, the bad, and the ugly of the Sears predicament to examine whether or not there is anything salvageable for this century-old chain going forward. Continue reading

Is The Macy’s ‘Magic’ Fading? Three Reasons Behind The Retailer’s Holiday Bust

From Forbes on January 11, 2016:

With Macy’s recently reporting a holiday same-store sales decline of 4.7% as well as plans to shutter 40 stores in 2016, one has to wonder if the “Magic of Macy’s” still resonates with consumers. To be fair, the holiday season gave the retail advantage to consumers and was loaded with deep discounts, wild store hours, and, well, Amazon.com. However, competitor JCPenney posted a 3.9% same-store sales gain to the Macy deficit, a reversal of trends we saw during Ron Johnson’s tenure at JCPenney, when Macy’s scooped up JCPenney’s coupon-hungry bargain hunters. So what went wrong at Macy’s over the holidays? A look at consumer insights collected by Prosper Insights & Analytics reveals three key reasons why the hallowed department store went bust during the busiest shopping season of the year: Continue reading

The Internet Of Things Comes To The C-Suite

Prosper Insights & Analytics Streamlines Information Flow For Faster Access And Better Decisions

Worthington, OH – 12/15/15

Top performing executives who wish to have key performance indicators available in real time will now get their wish granted by a new insight and analytic notification service from Prosper Insights & Analytics™. The new service streamlines the delivery of relevant, advanced analytics and insights by circumventing big databases to provide only the most important predictive analytics fast and directly via a notification to a smartwatch, tablet, mobile phone, or laptop.  Continue reading

5 Key Consumer Analytics To Know For The Holiday Season

The latest from Prosper on Forbes.com

With the holiday season in full swing, consumers seem to have a jollier economic outlook in November based on confidence and impulsivity readings. However, it is yet to be determined if the Paris attacks will weigh down consumer confidence in December. The November Spending Forecast (which represents consumers’ intended spending levels over the next 90 days) is up nearly two points from last year. This reading is an improvement over October’s forecast when year-over-year comparables were flat. Continue reading.

Prosper Insights & Analytics Releases “Holiday 2015: Top Trends” at Morgan Stanley Global Consumer and Retail Conference

Updated to include video 11/20:


To download presentation materials, click here.

Worthington, OH – 11/18/2015

Prosper Insights & Analytics, a leading provider of advanced business intelligence, released the Holiday 2015: Top Trends at the Morgan Stanley Global Consumer and Retail Conference today. Pam Goodfellow, principal analyst for Prosper, presented unique trends that are emerging this holiday season. Continue reading