A new report from Episerver has revealed eCommerce marketing insights from more than 4,500 consumers about the current state of online shopping and how marketers need to adapt to the latest trends. Its findings confirm a few things widely known in the industry, but there are also a few surprising revelations about consumer expectations that eCommerce marketers should pay attention to.
You can download your own copy of the Episerver report here if you want to read it in full, but here’s a quick summary of the key findings:
As you can see, these insights touch on some of the most pressing issues in eCommerce marketing right now – personalisation vs privacy, the constant presence of Amazon and the true role of voice search in online shopping.
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With the average eCommerce conversion rates sitting at around 2.86% (Incespcro, 2018), there’s still a lot of scope to increase the number of visitors who become paying customers. Luckily, the findings above offer up some solid clues about how to go about this in 2019.
The fact that 80% of online
shoppers know they need help with
making purchase decisions should be encouraging for eCommerce marketers. Consumers
are open to marketing messages that genuinely help them buy the right products.
The challenge for marketers is identifying which kind of messages consumers are
open to, influenced by and where to deliver them.
Know the problems your target audiences face when comparing and buying your products because this is where the search process starts. Plenty of studies suggest UK shoppers prefer to research online but then go on to buy in store (85%, according to data from ONS), which means retailers need to bridge the online-offline divide.
inventory ads are a great way to show people in your area that you have the
item they’re interested in, ready for a live demo.
This doesn’t mean eCommerce marketing should focus purely on in-store traffic or that online-only retailers should be discouraged. Other studies indicate more UK shoppers are buying online every year and some even put online purchases ahead. EmpathyBroker found 51% of UK shoppers actually prefer to buy online. Make sure to do your research and understand how your target customers prefer to buy.
Episerver says almost half of online shoppers (46%) say they’ve failed to make a purchase due to being overwhelmed by too many options. This only reinforces the fact that people need help when it comes to making purchases, which should influence the kind of content, messages and experiences you create.
The more varied or complex your range of products, the more important it is you help shoppers make choices without feeling overwhelmed.
However, it’s not only product options consumers say they’re confused by. Today’s constant barrage of marketing messages is also getting in the way of sales, according to Episerver.
“To mitigate the risk of overwhelming customers online, brands and retailers must intentionally decide how and when they reach out to shoppers… they must take care to avoid inundating customers with brand communications.”
Today’s eCommerce brands need to understand how consumer needs change, before and between purchases. The frequency of messages and content they’re going to respond to varies greatly along the way. Generically blasting shoppers with special deals doesn’t cut it anymore.
One of the most telling stats in the Episerver study is that 98% of consumers say incorrect or incomplete content has stopped them from buying products in the past. This is particularly important as today’s shoppers move across different devices and search on various platforms before making a purchase.
“Regardless of where shoppers choose to engage a company, they should
be able to trust the accuracy and completeness of the information they find…
Disjointed content experiences result in major financial consequences.”
Consistent messaging across platforms is crucial so users can pick up the consumer journey where they left off from the previous session. Make sure your campaign messages, special offers and featured products users have seen on one device are still there on others. These are what bring a lot of top-funnel visitors back to your website, social profile or Amazon page.
Visitors further down the sales funnel must be able to get to the parts of your site that matter most. Navigation couldn’t be more important here, especially for users who don’t have an account or aren’t logged in.
Things are a little easier with
repeat visitors who stay logged in. You can personalise the experience with the
products they’ve most recently viewed and product recommendations based on the
items they’ve previously engaged with and/or purchased.
At the very end of the sales funnel, accurate and complete product information is what matters most – and again, this needs to be consistent across every platform/touch point. The same thing goes for shipping details, information about returns and honest transparent pricing.
costs are the top reason shopping carts are abandoned (Baymard Institute,
One of the biggest challenges in eCommerce marketing today is the conundrum of personalisation vs privacy. As Episerver’s study shows, consumers want a personalised experience but they’re understandably concerned about privacy issues.
If consumers want a personalised
shopping experience, they need to hand over personal data and eCommerce brands have
to prove to users that the exchange is beneficial to them. Sadly, GDPR has done
little to improve this relationship in its first year – in fact, most reports
suggest it has only added
to the confusion and frustration for all parties involved.
The common implementations of consent simply aren’t working. Online retailers need to innovate their own solutions for GDPR compliance without adding friction to the shopping experience.
Episerver’s findings on
marketplaces like Amazon probably shouldn’t come as a surprise, but they’re
emphatic regardless. Almost half (46%) of all consumers who know what they want
to buy head straight to marketplaces and 39% of those who haven’t decided still
go to marketplaces to browse first.
Even more telling is that 87% of
online shoppers compare what they find on brand/retailer websites with Amazon.
There’s not much point in trying to fight against Amazon. If you haven’t already, get your brand established on the marketplace and turn it into an eCommerce marketing channel. Amazon’s ad platform is growing faster than both Google and Facebook’s (even if the top two still dominate) but it all comes down to being where your target audience is – and they’re almost certainly on Amazon.
As for Alexa and voice eCommerce in general, more consumer journeys are starting with voice search but only 17% of shoppers are making regular purchases with the technology, according to Episerver.
We have a team of eCommerce SEO specialists in-house who are highly skilled at managing and optimising eCommerce campaigns. Submit your details here if you’d like to chat to us.
Michelle joined Vertical Leap's Portsmouth office in 2011 as Marketing Manager, having spent the previous 15 years of her marketing career in the recruitment, leisure and printing industries. Her passions include dogs, yoga, walking, the beach, mountains and nice food.
Categories: Machine Learning
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