The furniture and mattress industry has faced unprecedented challenges over the past year, but in March 2023, there were signs of improvement.
The furniture industry saw an impressive 11% increase in conversion rates, while the mattress industry experienced a similar 11% boost in average ticket prices.
This week we will take a closer look at what drove these improvements in the industry and what they could mean for the future.
THIS WEEK’S HIGHLIGHTS
- March in the furniture industry: How the furniture industry increased conversion rate by 11%.
- March in the mattress industry: Less foot traffic, higher average ticket, and more time spent with customers.
Q4 Benchmark Report: Click HERE to see how your store compares to the industry average.
FOOT TRAFFIC INDEX
Here’s a look at last week’s foot traffic compared to the same time last year.
FOOT TRAFFIC TRENDS
Industry insights so you can convert your foot traffic into more sales.
March 2023: Furniture industry
March 2023: Mattress industry
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