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Future of Global Digital Retail [Infographic]

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Future of Global Digital Retail Infographic

Key takeaways:

  • 21% of consumers conducted a mobile search before making an offline purchase
  • A retailer using data to its full could increase its operating margin by more than 60%
  • 10-25% of social media users use their social networks to make purchasing decisions

ExactTarget’s Kyle Lacy also identifies 4 key consumer trends identified in the infographic:

  • Purchase Journeys Evolution: In the future, the retail customer’s purchase journey will likely put more stock in online reviews and social recommendations. Just take a look at the current state of a customer lifecycle to get an idea of how the purchase process is trending.
  • Multi-Channel Is a Must: 10-25% of social media users turn to their social networks when making purchasing decisions.
  • Expect Mobile Marketing to Grow: More smartphones mean more retail customers browsing the web and price-checking while in stores.
  • Big Data Gets Even Bigger: Big data isn’t going anywhere, and that’s a good thing for retailers.

Via: ExactTarget

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