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Tech-savvy
buyers are equipped with mobile devices, and they’re using them to research,
purchase, and write online reviews. The modern shopper wants convenience,
personalization, and speed.
Facilitated by technology, modern consumers are empowered by instant information
that gives them the choice of when and where to purchase a product or service.
Shopping habits these days are an evolving interaction between in-store and online
environments. In particular, two shopping behaviors that have come to light in recent
years are showrooming and webrooming.
Showrooming
Showrooming is essentially when a shopper checks out a product in-store, using the
store as a “showroom” but then goes home and purchases the product online (often
for a better price).
This proves that the physical store is still very much a part of the shopping
experience; brick and mortar stores are not at risk of extinction because many
customers still prefer the tangibility of being able to see and touch before they buy.
Webrooming
Empathica’s Dr. Gary Edwards defines webrooming as “the opposite behavior to
‘showrooming.’ With showrooming, retailers are faced with the challenge of
customers coming into the store to browse and test products, only to subsequently
go home and actually complete their purchase online (often through a competitor).
Webrooming, on the other hand, is when consumers research products online before
going to the store for a final evaluation and purchase.”
Modern consumers are informed shoppers, and with a plethora of information at their
fingertips, consumers arm themselves with as much information, via online research,
before making the decision to buy. Webrooming is one more indication of how
frictionless it’s become for shoppers to buy when and how they prefer. It gives the
consumer the power of choice and convenience.
Webrooming continues to grow, even outshining showrooming:
CBRE reports that more than half (55%) of the world’s retailers plan to open
at least 11 new stores this year.
Research shows that consumers still find shopping in-store beneficial
because they can see, touch, and try merchandise, get the product
immediately, and they’re more certain about the fit/suitability of the product.
This only reinforces the fact that businesses need to be both online and offline; big
eCommerce retailers like Warby Parker and ModCloth have expanded operations in
the to include physical locations.
Go omnichannel
According to Retail Touchpoint’s global survey of customers, 60% believe that
multiple retail channels including web, social, mobile, and physical retail will be the
norm for most stores, and 56% of their respondents said they would spend more
money at physical retail stores if those locations enabled shoppers to browse
through their merchandise online first. Merchants need to create a rounded customer
experience, making it easy for consumers to buy from you.
Consumers have begun to expect a seamless transition between online and offline,
and brands are adapting in response. Rebecca Minkoff introduced “magic mirrors” to
her stores that allow shoppers to adjust the lighting in changing rooms and make
online purchases directly from the mirror by selecting the size and color. Makeup
behemoth Sephora is one of the companies paving the way in omnichannel retailing.
The beauty retailer built a large and loyal following with their highly successful loyalty
program, interactive online store, and engaging mobile app that allows customers to
upload a photo and test different products before purchasing. Finally, one of the
more infamous applications omnichannel retailing is Apple, who arms their
salespeople with iPads equipped with up-to-date information.
Below are some methods to help you implement an omnichannel approach:
Be social
Consumers are always connected – even in-store so why not take advantage of the
fact consumers are always connected by increasing mobile engagement. Ask them
to:
82% of shoppers say they consult their phones about a purchase they’re
about to make in-store.
People are 4x more likely to make a purchase when referred by a friend, and
there’s an 18% boost in loyalty from a referred customer versus the ones
acquired via a different method.
90% of customers admit their buying decisions are influenced by online
reviews