Do you Research Prices Before Buying In Store?

65 Percent of Shoppers Look up Price Comparisons on their Mobile Device While in a Physical Store

Source
Oberlo

Year
2019

Statistic Info

This is great news for ecommerce businesses.

Why?

Well, without the costs of maintaining a physical store and large inventory, ecommerce dropshipping businesses are able to keep overheads low.

This means they’re often able to provide lower prices for customers.

So how can ecommerce entrepreneurs take advantage of in-store shoppers comparing prices online?

The Key Takeaway: Advertise your products where shoppers who look up price comparisons will see them.

How?

Get your products to appear in Google’s Shopping search results. Remember, Google is by far the largest search engine and many shoppers will use it to quickly compare prices.

More 2019 Stats

In 2019, Ecommerce Sales are Expected to Account for 13.7 Percent of Retail Sales Worldwide

The Number One Reason People Shop Online is Because They Can Shop 24/7

23% Shoppers Added More Items to their Order at Checkout to Qualify for Free Shipping

It’s 7 Times More Expensive to Acquire a New Customer via Paid Advertisement than Retain an Existing One

On Average, 52 Percent of Online Stores have Omnichannel Capabilities

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

The Average Number of Form Fields on Landing Page Conversion Forms is 11

Nearly Half of American Small Businesses do not have a Website

The Average Conversion Rate in AdWords Across all Industries is 2.7% on the Search Network and 0.89% on the Display Network

Companies see a 55% Increase in Leads when Increasing their Number of Landing Pages from 10 to 15

More eCommerce Strategy Stats

Online Stores are Offering an Average of 3 Payment Methods at Checkout Including Digital Wallets

Americans Spend 36% of their Shopping Budget Online

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

Longer Mobile Page Load Times Drastically Increase Bounces

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

80% of Respondents Said They Had Stopped Doing Business with a Company Because of a Poor Customer Experience

22% of Online Retailers Still Don’t have a Mobile-Friendly Website

58% of the Top 1000 US Online Retailers Send Welcome Emails

A ReadyCloud Report Finds that 45% of Retail Internet Minutes were Spent Using a Desktop

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