PYMNTS-MonitorEdge-May-2024

Walmart Turns to Social Commerce, Peloton’s Quick Response, Consumers Want Speedy Deliveries

Peloton

Peloton responds quickly to a fictional death with a viral ad for its fitness bikes. Plus, consumers still expect their deliveries to arrive on time for Christmas with 10 days to go, and Walmart is using social commerce videos to enable one-click checkout.

Data:

100M: Number of deliveries Onfleet has made in 80 countries.

60%: Share of U.S. households living paycheck to paycheck.

500%: Walmart’s year-over-year social commerce growth.

$1,500: Average price of Peloton bikes and treadmills

71: Number of Peloton users who have either been injured or died.’

PYMNTS-MonitorEdge-May-2024