We analysed terabytes of Adobe Analytics data in near real time to uncover powerful insights that help you to understand and act on digital commerce trends.
Over 1 trillion
transactions processed.
Over 100 million
unique product sales analysed.
80 of the top 100
US online retailers evaluated.
What we learnt
Key insights from the Digital Economy Index
The Digital Economy Index measures inflation in what people are buying in the digital world, both in the US and in major global economies. As part of that measurement, we’ve seen that the purchasing power of the online dollar has increased by nearly 20% over the past six years.
Digital purchasing power since 2014
Why this data matters
Knowing purchase power parity informs a consumer’s buying power online for various goods, helping them make better choices on when and what to buy.
Driving Industries
Industries driving digital purchasing power
After analysing the digital economic landscape, we’ve found that three categories are especially influential to the online economy — grocery, electronics and home and garden.
Grocery
Online price change
Demand for groceries has been increasing slightly in recent years, driving online price up by 4.6%.
Electronics
Online price change
Plunging TV prices and wider 4K availability have boosted online purchase power over past years.
Home and garden
Online price change
Prices have been steadily deflating, but they still rise in early summer as demand increases for outdoor furnishing.
How the Digital Economy Index helps everyone
Download the full report to get an in-depth look at the global economy and what it means for businesses and consumers around the world. Here’s what you’ll learn:
Pricing trends
Consumers can learn the best times to buy products like electronics, TVs, groceries and more.
Global impact
Companies can understand how their pricing strategies will affect and be reflected in global pricing trends.
Comprehensive insights
Policy makers can develop plans based on online purchase parity power, urban and rural regions and more.
How the Digital Economy Index helps everyone
Download the full report to get an in-depth look at the global economy and what it means for businesses and consumers around the world. Here’s what you’ll learn:
Pricing trends
Consumers can learn the best times to buy products like electronics, TVs, groceries and more.
Global impact
Companies can understand how their pricing strategies will affect and be reflected in global pricing trends.
Comprehensive insights
Policy makers can develop plans based on online purchase parity power, urban and rural regions and more.
Bringing the Digital Economy Index to life
The index was developed by Adobe Digital Insights (ADI) in partnership with leading thinkers and institutions.
Austan Goolsbee
Robert P. Gwinn Professor of Economics at the University of Chicago’s Booth School of Business and former chairman of the Council of Economic Advisers for President Barack Obama.
Pete Klenow
Professor at Stanford University’s Department of Economics, visiting scholar for the Federal Reserve Bank of San Francisco and member of editorial boards for several financial journals.
Get a complete view of your business
Customer Journey Analytics, available with Adobe Experience Platform, fuels the Digital Economy Index. It can also help you to see and understand the context behind every customer’s interaction with your brand.
