According to a survey, 85 per cent of UK consumers prefer to shop in store, with 94 per cent researching a product online, before heading to the store to purchase
High Street retailers must be savvy with omni-channel technological integration in order to survive in the digital age, new research has warned.
A survey of 1,056 UK adults carried out by leading digital marketing agency, Marketingsignals.com, revealed that 85 per cent of people still prefer to physically purchase products in store, despite the convenience offered by online shopping.
Although the rapid growth of ecommerce has significantly reduced footfall to the high street, the research found that three-quarters of customers would still prefer to make a purchase in a store, with 82 per cent of these saying this is because they prefer to receive the product as soon as theyâ€™ve purchased it. Furthermore, nine in 10 (94 per cent) UK shoppers stated they will always research a product online before going into store to purchase.
The research found that 78 per cent of consumers prefer to go into store to see and feel a product before going online to shop around for the best price.
According to latest ONS figures, retail sales in the UK totalled more than Â£366 billion in 2017, though amazingly, 85 per cent of sales still happen in stores, not online.
Retailers that embrace technology to track their customers from when they are served a digital ad, to when they make an in-store purchase, are able to accurately measure the ROI of their digital spend using a number of specialist technologies.
Gareth Hoyle, managing director at Marketingsignals.com comments: â€œRetailers who utilise digital technologies to drive in-store footfall, whilst tracking and attributing customers to their digital spend are setting themselves up most likely to succeed in the modern age.â€
â€œIn an ideal world, consumers would rather visit a store to make a purchase, though due to time constraints, stock issues and ultimately, convenience, many turn to shopping online. This is a lesson for retailers to ensure their digital presence is working as hard as it possibly can for them, offering an omni-channel journey and an experience that is most convenient for customers.
â€œTechnologies such as Google Store Visits allow retailers to directly attribute digital marketing spend to increased footfall. Retailers that embrace proximity marketing and beacon technology can directly speak to customers in store â€“ for example, if they are in store and go onto Google to shop around, the retailer can force a pop-up notification to the userâ€™s phone (via bluetooth) with the offer of a discount code or similar.â€
He adds: â€œRetailers with a loyalty scheme or e-receipt service are proving to be the most savvy with attributing digital spend to in store footfall as they know who their customer is and can attribute in store sales to their email address â€“ the same email address that Google can link back to their search history and record of which ads they were presented with.
â€œThe retailers who are embracing these kinds of technology are able to much better understand their customer and deliver accurate digital ads to them â€“ keeping themselves front of mind, without overloading them with online ads.â€
Marketing Signals offer a wide range of digital marketing services including paid search, paid social, digital PR and technical SEO. For more information on Marketing Signals please visit www.Marketingsignals.com