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How to Provide the Solutions Merchants Need to Stay Relevant in this Ever-Changing Retail Environment Guiding Merchants to Success in the 21st Century Know Thy Customer European consumers opt to eliminate delivery time when they can, with 48% of shoppers frequently choosing to pick up items in a local shop or pickup point. Mind the Millennial Millennials are more likely than older generations to visit retail stores (35% vs 22%) and are more than twice as likely to use mobile devices to find items (44% vs 18%) Create “Instagrammable” Experiences 43% of global online shoppers said interaction with their favourite brands on social media made them respect/value the brand more. Unify Your Brand More than 70% of shoppers browse online before making in-store purchases, and two-thirds will check prices on their phones. Think Outside the Queue 80% of European shoppers say retailers should use technology to make the experiences more compelling, including things that help reduce queues. Spread Out Investments Three billion loyalty cards will operate as mobile-only or be integrated into mobile apps by 2020. Stay Secure 96% of data breaches in the world focus on payment card data.
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Guiding Merchants to Success

Jan 21, 2018

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Economy & Finance

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Page 1: Guiding Merchants to Success

H o w t o P r o v i d e t h e S o l u t i o n s M e r c h a n t s N e e d t o S t a y R e l e v a n t

i n t h i s E v e r - C h a n g i n g R e t a i l E n v i r o n m e n t

Guiding Merchants to Success in the 21st Century

Know Thy CustomerEuropean consumers opt to eliminate delivery time

when they can, with 48% of shoppers frequently choosing to pick up items in a local shop or pickup point.

Mind the Millennial Millennials are more likely than older

generations to visit retail stores (35% vs 22%) and are more than twice as likely to use

mobile devices to find items (44% vs 18%)

Create “Instagrammable” Experiences

43% of global online shoppers said interaction with their favourite

brands on social media made them respect/value the brand more.

Unify Your BrandMore than 70% of shoppers browse online before making

in-store purchases, and two-thirds will check prices on their phones.

Think Outside the Queue 80% of European shoppers say retailers

should use technology to make the experiences more compelling, including things

that help reduce queues.

Spread Out Investments Three billion loyalty cards will operate

as mobile-only or be integrated into mobile apps by 2020.

Stay Secure 96% of data breaches in the world

focus on payment card data.