Do You Price Check First?

65% of Consumers Look Up Price Comparisons on Mobile While in a Physical Store



Statistic Info

I think most of us have done this.

You want to buy a product, but you want to make sure you don’t overpay for it.

So, you go online and see if the product is available elsewhere at a lower price.

To avoid prospects abandoning a store (online or offline), a lot of businesses use price matching.

With price matching, you can prevent prospects from buying the product from a competitor because of pricing.

If a consumer is in your physical store, the chances of them going elsewhere to buy a product if you offer price matching are slim.

Takeaway: If you offer to match competitor prices, you need to make this visible in your store, both online and offline. Have it appear on your front page, or as a sign in your physical store for greater visibility.

More eCommerce Strategy Stats

Mobile Traffic Represents 53% of all Ecommerce Traffic

40% of Millennials Have Used Voice Search Before Making a Purchase Online, According to Studies

About 9% of US Online Retailers have Added Amazon Pay as a Payment Alternative to their Websites

There are Expected to be 600,000 Commercial Drones in use by 2018, and Almost Half of Americans would be Willing to Receive Deliveries by Drone

Americans Spend 36% of their Shopping Budget Online

59% of 16-36 year-olds Head to Amazon Before Any Other E-Commerce Website

8% of Online Shoppers Engage in a Live Chat Conversation before Placing an Order

Apple Pay Orders have a 1.8% Transaction Share on B2C Websites Accepting Apple Pay at Checkout

Americans Spend 64% of their Shopping Budget In-Store

51% of Consumers Trust Companies Who Make It Easy for Visitors to Contact the People behind the Company