• Advertise
  • Contact Us
  • About Us
  • Supplier Directory
  • Login
  • Subscribe
  • Logout
  • My Profile
  • LOGISTICS
    • Air Cargo
    • All Logistics
    • Express/Small Shipments
    • Facility Location Planning
    • Freight Forwarding/Customs Brokerage
    • Global Gateways
    • Global Logistics
    • Last Mile Delivery
    • Logistics Outsourcing
    • LTL/Truckload Services
    • Ocean Transportation
    • Rail & Intermodal
    • Reverse Logistics
    • Service Parts Management
    • Transportation & Distribution
  • TECHNOLOGY
    • All Technology
    • Artificial Intelligence
    • Cloud & On-Demand Systems
    • Data Management
    • ERP & Enterprise Systems
    • Forecasting & Demand Planning
    • Global Trade Management
    • Inventory Planning/ Optimization
    • Product Lifecycle Management
    • Sales & Operations Planning
    • SC Finance & Revenue Management
    • SC Planning & Optimization
    • Sourcing/Procurement/SRM
    • Supply Chain Visibility
    • Transportation Management
  • GENERAL SCM
    • Business Strategy Alignment
    • Education & Professional Development
    • Global Supply Chain Management
    • Global Trade & Economics
    • HR & Labor Management
    • Quality & Metrics
    • Regulation & Compliance
    • SC Security & Risk Mgmt
    • Sustainability & Corporate Social Responsibility
  • WAREHOUSING
    • All Warehouse Services
    • Conveyors & Sortation
    • Lift Trucks & AGVs
    • Order Fulfillment
    • Packaging
    • RFID, Barcode, Mobility & Voice
    • Robotics
    • Warehouse Management Systems
  • INDUSTRIES
    • Aerospace & Defense
    • Apparel
    • Automotive
    • Chemicals & Energy
    • Consumer Packaged Goods
    • E-Commerce/Omni-Channel
    • Food & Beverage
    • Healthcare
    • High-Tech/Electronics
    • Industrial Manufacturing
    • Pharmaceutical/Biotech
    • Retail
  • REGIONS
    • Asia Pacific
    • Canada
    • China
    • Europe
    • Latin America
    • Middle East/Africa
    • North America
  • BLOG
  • PODCASTS
  • VIDEOS
  • WHITEPAPERS
Home » Retail Trends in Data Capture, Mobile Commerce, Delivery & Global Expansion

Retail Trends in Data Capture, Mobile Commerce, Delivery & Global Expansion

Mobile_Commerce_1.gif
September 25, 2014
eBay Enterprise

The 2014 Holiday Retail Audit, a U.S. survey of more than 1,000 ecommerce and marketing professionals from retailers with revenues of $5m to $250m, examined planned investments in retail infrastructure ahead of the holiday season. The results revealed key trends consumers can expect this season across consumer data capture, mobile commerce, delivery optimization and global expansion.

Retailers aim to optimize, protect consumer data

Retailers identified a renewed focus in marketing efforts, investing in tools with greater data capture and analytical capabilities, including social media (29 percent), email promotions (22 percent) and search engine optimization (12 percent). These investments also help retailers feel better prepared to capture in-store consumer data (87 percent). Online and in-store data analysis empowers retailers to create more meaningful customer interactions that drive online and offline purchasing.

While brands continue to aggregate consumer data within their organizations, security is top of mind for large-scale online retailers with projected revenue of $50m to $250m. Large retailers reported heightened concern around data security at their company (65 percent) while 77 percent have not experienced a security breach to date.

“The 2014 Holiday Retail Audit underlined the short-term focus retailers have on investing in tools that allow them to compete with their peers,” said Steve Denton, vice president of marketing solutions. “Nimble retailers need to be laser focused on consumer data as they head into executing holiday strategy in order to map investments back to ROI while maintaining strong margins. There is still time to implement display, retargeting, attribution and social solutions capable of ensuring that a retailer’s brand message reaches new and lost prospects with commitment to the consumer’s privacy.”

Mobile commerce retailers’ Achilles’ heel

Although respondents revealed mobile commerce as their top competitive weakness and the area of infrastructure in which they are least confident, 68 percent did not express plans for new or continued investments in mobile infrastructure for holiday 2014. One in three online retailers cited mobile commerce as an investment priority for holiday 2014, ranking ninth, signaling a lack of urgency in solidifying a long-term mobile infrastructure and strategy despite mobile commerce continuing to be the fastest-growing segment of ecommerce.

Retailers should expect new mobile and tablet devices to disrupt their existing Q3 and Q4 retail strategies and brand experiences. Responsive web design is a critical tool that allows retailers to adapt their brand experience and site content to new mobile operating systems or devices swiftly without needing to re-architect infrastructure or reinvest in application development.

“As mobile purchasing continues to grow exponentially, a lack of investment in mobile commerce this holiday season provides retailers who have made this a priority an opportunity to capture significant market share if they can provide the best mobile experience,” said Mark Lavelle, senior vice president of global product, eBay Enterprise. “Responsive web design can be a strategic investment for retailers that want to offer a seamless mobile experience across desktop, mobile and tablet devices.

Many factors determine the time needed to implement responsive design but we have seen this successfully done on the Magento platform within a month.”

Retailers don’t realize they can compete on delivery

Fifty-one percent of retailers viewed Amazon as a direct competitor heading into the 2014 holiday season, citing Amazon having a perceived competitive edge in mobile commerce (60 percent), inventory (56 percent), shipping (54 percent) and returns (44 percent). Surprisingly, retailers prioritized price, customer service and marketing in place of infrastructure investments capable of increasing shipping speed and optimizing fulfillment.

“Retailers have an opportunity to win this battleground by increasing their delivery speed. Multichannel retailers can optimize their brick-and-mortar locations as distribution points to fulfill orders closest to customer location, reducing shipping times and cost through inventory and order management solutions,” said Tom Barone, head of omnichannel operations, North America. “Retailers have implemented these omnichannel solutions in as little as 99 days, experiencing greater customer satisfaction, improved margins and increased sales.”

Ease of entry vs. global market opportunity

While 45 percent of large online retailers detailed plans to invest in global expansion for holiday 2014, the investment priorities contradicted market opportunity. This study revealed the top markets for global ecommerce expansion were Canada (23 percent), followed by the U.K. (16 percent), China (15 percent), Australia (7 percent) and Mexico (5 percent), respectively.

Large online retailers cited a lack of reliable local partners (33 percent), diminished market demand (32 percent) and hampered inventory capabilities (31 percent) as top barriers for pursuing new global opportunities. Although Canada provides easy entry into global expansion, the market opportunity globally is immense and retailers have options to help them take that first step.

Source: eBay Enterprise

RELATED CONTENT

RELATED VIDEOS

Technology Global Supply Chain Management Business Strategy Alignment Logistics Logistics Outsourcing Retail Transportation & Distribution
KEYWORDS analytics BI Business Strategy Alignment eBay Enterprise Ecommerce fulfillment Global Supply Chain Management Logistics Logistics Outsourcing Mobile Commerce omnichannel retailing Retail retail supply chain Supply Chain Analysis & Consulting Supply Chain Management Supply Chain Management: Retail Technology Transportation & Distribution
  • Related Articles

    Four Trends in Food & Beverage Consumption Drive Retail Center Expansion, Study Says

    Mobile Commerce Was Very Bright Spot in Holiday Retail Sales

  • Related Events

    How Neiman Marcus Transformed Ticketing for a Faster Time to Market

eBay Enterprise

Ship-from-Store SaaS Solution Introduced by eBay Enterprise

More from this author

Get regular updates!
Subscribe to our newsletter

Enjoy curated articles directly to your inbox.

Popular Stories

  • 1115_chinarareearthminerals

    Podcast | Can China’s Monopoly on Rare Earth Minerals Be Broken?

    Sourcing/Procurement/SRM
  • 1111_makeorbreakblockchain

    The Element That Can Make or Break Blockchain for the Supply Chain

    Technology
  • 1125_themodernfactory

    The ‘Modern’ Factory Remains a Dream for Many Manufacturers

    Technology
  • 1118_howconsumerproductscompanies

    How Consumer-Products Companies Are Wasting Their Digital Spend

    Technology
  • 1122_forcedlaborinindia

    Podcast | This Campaign Is Out to Stop Forced Labor in India

    Sourcing/Procurement/SRM

Digital Edition

55746

Subscribe today and receive the latest issue

Start Your Subscription

Case Studies

  • Manufacturer Slashes Shipping Costs With AI Packaging Solution

  • Apparel Retailer Saves $45 Million With Reverse Logistics Solution

  • QuestaWeb Configures Fragrance Company’s Complex Procedures Into Its Advanced FTZ Software

  • Business Turnaround: Integrated Business Planning as a Management Tool

  • How a 3PL Reduced Rejected Deliveries Using LoadProof

Visit Our Sponsors

  • More From SCB
    • Featured Content
    • Video Library
    • Think Tank Blog
    • SupplyChainBrain Podcast
    • Whitepapers
    • Webinars
  • The Magazine
    • Digital Issue
    • Subscribe
    • Manage Your Subscription
    • 100 Great Partners Form
  • Resources
    • Newsletters
    • Events Calendar
    • SCB's Great Supply Chain Partners
    • Supplier Directory
    • Case Study Showcase
    • Supply Chain Innovation Awards
  • SCB Corporate
    • Advertise on SCB.COM
    • About Us
    • Privacy Policy
    • Contact Us

All content copyright © 2016 - 2018 Keller International Publishing Corp All rights reserved. No reproduction, transmission or display is permitted without the written permissions of Keller International Publishing Corp

Design, CMS, Hosting & Web Development :: ePublishing