E-commerce Meets Omnicommerce to... · 2020. 9. 28. · …but omnicommerce is still challenging....

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…e-commerce is gaining market share. Mobile devices are making this easier… …and consumers are quickly adapting. …consumers are relying on a mix of channels… …and merchants understand that success now means learning how to develop a seamless, multichannel business… …but omnicommerce is still challenging. E-commerce Meets Omnicommerce 60% of consumers use mobile devices as part of the shopping experience 63 % of higher-income consumers prefer to shop online 19 % of consumers frequently showroom but make purchases online 95% of all retail sales are captured by retailers with a brick-and-mortar presence compared to 4 % for in-store sales 69% of smaller merchants see omnicommerce as an area of growing importance 43 % of consumers complain about inconsistent look and feel across channels Young consumers typically use 4.4 devices at the same time 67 % of consumers purchasing online use a store before or after the transaction 46 % of consumers research online and buy in-store 40 % of retailers say back office integration is a hurdle for their omnicommerce efforts While brick-and mortar still dominates… Total retail sales: $4.7 trillion e-commerce sales: $304 billion e-commerce is projected to move from 6.4 % 8.9 % of retail sales by 2018 48% use mobile to pay online retailers with stored account 86% of young consumers use mobile devices to shop 57% of consumers usually shop online for higher-value products But, while e-commerce is making inroads… Sources: Vantiv Insights 2014 Research; Mercator Advisory Group; eMarketer; A.T. Kearney. For more insights, visit vantiv.com/research. © 2015 Comerica Bank. All rights reserved. Member FDIC. C014 01.15 www. 43 % of consumers say with online checkout they encounter difficulties 80 % of smaller merchants are already multichannel businesses 90 % of all retail sales take place in-store e-commerce sales are growing by 15 %

Transcript of E-commerce Meets Omnicommerce to... · 2020. 9. 28. · …but omnicommerce is still challenging....

Page 1: E-commerce Meets Omnicommerce to... · 2020. 9. 28. · …but omnicommerce is still challenging. E-commerce Meets Omnicommerce 60% of consumers use mobile devices as part of the

…e-commerce is gaining market share.

Mobile devices are making this easier…

…and consumers are quickly adapting.

…consumers are relying on a mix of channels…

…and merchants understand that success now means learning how to develop a seamless, multichannel business…

…but omnicommerce is still challenging.

E-commerce Meets Omnicommerce

60% of consumers use mobile devices as part of the shopping experience

63%of higher-income

consumers prefer to shop online

19%of consumers frequently

showroom but make purchases online

95% of all retail sales are captured by retailers with a brick-and-mortar presence

compared to

4%for in-store sales

69% of smaller merchantssee omnicommerce as an area

of growing importance

43% of consumers complain

about inconsistent look and feel

across channels

Young consumers typically use

4.4 devices at the same time

67%of consumers purchasing online use a store before or after the transaction

46%of consumers research online

and buy in-store

40% of retailers say

back office integration is a hurdle for their

omnicommerce efforts

While brick-and mortar still dominates…

Total retail sales:

$4.7 trillione-commerce sales:

$304 billion

e-commerce is projected to move from

6.4 % 8.9% of retail sales

by 2018

48% use mobileto pay online retailerswith stored account

86% of young consumers use mobile devices to shop

57%of consumers usually shop

online for higher-value products

But, while e-commerce is making inroads…

Sources: Vantiv Insights 2014 Research; Mercator Advisory Group; eMarketer; A.T. Kearney. For more insights, visit vantiv.com/research.

© 2015 Comerica Bank. All rights reserved. Member FDIC. C014 01.15

www.

43% of consumers say

with online checkoutthey encounter difficulties

80%of smaller

merchants are already

multichannel businesses

90%of all retail sales

take place in-store

e-commerce sales are growing by

15%