Consumer specialty eCommerce sales continue to slow from their pandemic high in Q2 2020 due to the gradual reopening of the in-person economy as well as inflationary pressures impacting consumers willingness to make discretionary purchases.
Using Drop’s zero-party transactional data, here are five key shifts specialty eCommerce retailers Etsy, Stitch Fix, and Chewy, are facing post-pandemic.
What the data says.
Inflation slows inspiration: Largely driven by inflation, Etsy’s basket size has increased mid-single digits since last year, but growth in transaction volume has slipped, falling -17% in Q2 2022 alone.
Fixing Stitch Fix: Having fared better than other eCommerce names during the “great reopening” of in-person retail since the pandemic, the last 6 months have been a challenge for Stitch Fix with their transaction growth declining an average of -20% on a YoY basis.
Pandemic puppies are growing up: Compared to other specialty eCommerce retailers, Chewy’s sales growth has decelerated at a relatively slower pace, likely due to the explosion of pet ownership that occurred during the pandemic, paired with the relative price inelasticity of pet supplies.
Get the full report.
Download the Sector Report below to drill down into the data and learn more about how each Specialty eCommerce brand has been performing based on basket size, order frequency and more – up to the last 3 months.
Ready for more? To access up-to-date custom sector reports with a daily cadence, and to view quantitative and qualitative trends that fuel your work, contact email@example.com.