Friday, May 29, 2015

The New Mobile Shopper - Latest Research

I am deep into researching mobile consumer behaviors at this time, and am amazed at the impact that mobile technologies are having on us - especially millennials.

Here are some examples from my research:

  • People that use mobile devices to purchase products and services online, shop online far more frequently than those using only desktop/laptops.  In fact, mobile shoppers purchase online once or more a week at a rate 82% higher than desktop/laptop online shoppers.
  • People that use mobile devices to purchase products and services online, conduct research late at night, at a rate 46.1% higher than desktop/laptop online shoppers.
  • People that use mobile devices to purchase products and services online, check store inventories late at night at a rate 66.7% higher than desktop/laptop online shoppers. 
  • People that use mobile devices to purchase products and services online selected "ease of navigating the website or mobile app" as a top factor that influenced their decision to purchase online from a particular retailer/website at a rate 42.2% higher than desktop/laptop online shoppers. 
  • People that use mobile devices to purchase products and services online selected "the ability to buy/reserve online and pick-up in store" as a top factor that influenced their decision to purchase online from a particular retailer/website at a rate 53.4% greater than desktop/laptop online shoppers.
  • People that use mobile devices to purchase products and services online, report they have shopped for an item in a store, but purchased it online from a different retailer, at a rate 22% higher than desktop/laptop online shoppers.

  • This data came from Cognizant's 2015 Shoppers survey of 5,000 people.  It shows that people accustomed to using mobile devices to shop online for products and services represent a category of shopper that behaves very differently than traditional desktop/laptop online shoppers.  Retailers and etailers that don't account for these differences with customized/personalized digital experiences will lose to competitors that do.
    I will be finishing this research and publishing a major study on this data in the next few months.

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    Kevin Benedict
    Writer, Speaker, Senior Analyst
    Digital Transformation, EBA, Center for the Future of Work Cognizant
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    ***Full Disclosure: These are my personal opinions. No company is silly enough to claim them. I am a mobility and digital transformation analyst, consultant and writer. I work with and have worked with many of the companies mentioned in my articles.