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Consumers Say Digital Influences up to 75% of Pre-store Visits and is Leveraged in 46% of In-store Shopping Experiences, According to Recent BRP Study

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Retail's Digital Crossroads: The Race to Meet Shopper Expectations Report Identifies Gaps Between Retail Execution and Customer Expectations

BOSTON (PRWEB) July 24, 2018

According to a new report from BRP and Windstream Enterprise, rapidly evolving customer expectations and digital technologies are driving a major transformation in the retail industry. The Retail's Digital Crossroads: The Race to Meet Shopper Expectations report, based on research conducted by Incisiv, combines findings from surveys of 1,212 retail consumers and 60 retail executives to understand the effect digital has on the shopping experience.

"The digital divide in retail is growing, as over 75% of retail shopping traverses the digital realm, but less than half of retailers deliver on the most important digital capabilities that customers desire," said Brian Brunk, Principal, BRP. "Further, very few retailers offer the next generation digital technologies, like automated returns and proximity-triggered mobile coupons, that could significantly influence future purchase decisions. Retailers must transform and quickly close the digital gap to remain relevant with their customer.

"Mobile devices and the capabilities they enable are the primary catalyst for the continued evolution of the customer experience," said Ryan Grogman, SVP and Practice Lead, BRP. "The majority of today's consumers research products and brands digitally prior to visiting a physical store and, once they are in the store, about half of them use their mobile devices toperform price comparisons, read product reviews, and even validate inventory."

Consumers are no longer confined to a linear buying journey and expect greater convenience and empowerment to shop the way they want and where they want. Digital sits at the core of that promise and it's no surprise that most consumers research prices, reviews and product information before they set foot into a store and when they are in the store they perform these actions on their mobile devices.

Consumers are more likely to shop at retailers that align next-gen technologies to their digital preferences; however, in many cases, retailers don't offer the capabilities that impact consumers' shopping preferences.

Proximity-triggered Mobile Coupons – Consumers value digital discounts and promotions on their mobile devices.

  • 65% of customers would more likely shop at a retail brand that offered this capability
  • 8% of retailers offer this capability

Augmented Reality Experience – Many consumers appreciate the opportunity to see products in a virtual environment.

  • 48% of customers would more likely shop at a retail brand that offered this capability
  • 15% of retailers offer this capability

Automated Returns Process – Consumers expect the returns process to be easy and frictionless.

  • 68% of customers would more likely shop at a retail brand that offered this capability
  • 8% of retailers offer this capability

To download the complete Retail's Digital Crossroads: The Race to Meet Shopper Expectations report, visit:
https://brpconsulting.com/download/2018-retail-research-report/.

About BRP
BRP is an innovative retail management consulting firm dedicated to providing superior service and enduring value to our clients. BRP combines its consultants' deep retail business knowledge and cross-functional capabilities to deliver superior design and implementation of strategy, technology, and process solutions. The firm's unique combination of industry focus, knowledge-based approach, and rapid, end-to-end solution deployment helps clients to achieve their business potential. BRP's consulting services include:

Strategy | Business Intelligence | Business Process Optimization | Point of Sale (POS)
Mobile POS | Payment Security | E-Commerce | Store Systems and Operations | CRM
Unified Commerce | Customer Experience | Order Management | Networks
Merchandise Management | Supply Chain | Private Equity

For more information on BRP, visit http://www.brpconsulting.com.

For the original version on PRWeb visit: https://www.prweb.com/releases/consumers_say_digital_influences_up_to_75_of_pre_store_visits_and_is_leveraged_in_46_of_in_store_shopping_experiences_according_to_recent_brp_study/prweb15642408.htm

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