AUSTIN, Texas, April 30, 2019 /PRNewswire/ -- Physical retail stores still play a major role in most Americans' shopping journey, according to a recent survey conducted by Kelton Global on behalf of RetailMeNot, Inc. In fact, 85% of Americans shop in a non-grocery physical retail store during a typical week, and on average, they visit up to three stores. That average goes up to four stores per week among millennial shoppers and 5.25 among Generation Z, excluding grocery and convenience stores.
"In-store retail is still the most important channel for consumers, and the role that mobile plays in the shopping journey is notable to retailers who want to reach in-store shoppers," said Marissa Tarleton, CEO, RetailMeNot, Inc. "The mobile device is the number one in-store shopping companion, which is a marketing opportunity for retailers to drive in-store footfall, incentivize sales and understand online-to-offline behavior."
Consumers today do almost nothing without a mobile device in hand, and survey data shows this is especially true when shopping in stores:
- Most in-store shoppers (69%) would rather consult a product review on their phone than ask a store associate.
- More than half (53%) would rather use a mobile device to find deals and offers on products they are considering purchasing than discuss promotions with an in-store associate.
In addition to using their phones as assistants in stores, consumers are leveraging their devices to seek out deals:
- Nearly half (49%) of Americans have an app that collects and provides deals and discounts across retailers on their smartphones.
- 65% of Americans say receiving mobile coupons they can redeem in-store is important when shopping in physical stores.
- Even more significant, 69% say receiving a personalized offer on their phone that they can use in-store would make them more likely to visit a physical retail location.
The Omnichannel Journey
While retail marketers continue to focus on driving e-commerce and mobile sales, there is still plenty of opportunity to drive revenue through offline channels at the physical store level.
While 64% of shoppers are completing their purchase in a physical store, they don't always start there. Data shows 39% of Americans are starting their shopping journey on a mobile device and 14% begin on a desktop.
- Americans are 30% more likely to complete a purchase in person than on their smartphone when they find a deal on their phone.
- 38% of shoppers who begin their journey on a smartphone and 43% of shoppers who begin their journey on a desktop complete their purchase in a physical store.
"Mobile browsing and research are standard for most shoppers, and a substantial number of consumers are comfortable converting on either that same smartphone device or in a physical store, based on what is convenient to their needs at the time of their journey," said Tarleton.
Retailers who dedicate marketing resources to engaging mobile shoppers with both online and offline content will be better poised to meet consumer needs, including that of younger generations, wherever they are in their shopping journey. Visit www.retailmenot.com/corp to learn how to work with us.
About RetailMeNot, Inc.
RetailMeNot, Inc. is a leading savings destination bringing people and the things they love together through savings with retailers, brands, restaurants and pharmacies. RetailMeNot makes everyday life more affordable through online and in-store coupon codes, cash back offers, discount gift cards and the RetailMeNot Genie browser extension. Savings are also provided in consumers' mailboxes through the RetailMeNot Everyday™ direct mail package, and at the pharmacy with RxSaver by RetailMeNot.
RetailMeNot is a wholly owned subsidiary of Harland Clarke Holdings. To learn more, visit http://www.retailmenot.com/corp or follow @RetailMeNot on social media.
SOURCE RetailMeNot, Inc.