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

Topic
eCommerce Strategy

Year
2019

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

Cyber Monday Emails Generated 53 Percent Higher Conversion Rate than Black Friday Emails

Longer Mobile Page Load Times Drastically Increase Bounces

Landing Pages with Multiple Offers get 266% Fewer Leads than Single Offer Pages

85 Percent of Consumers Conduct Online Research Before Making a Purchase Online

28% Shoppers Abandon Carts because of Unexpected Shipping Costs

The Average Conversion Rate of a Facebook Ad is 9.21%

Today, 97% of consumers go online to research products and services.

33% of B2C Ecommerce Website are also Conducting B2B Transactions

Users who have a Negative Experience on a Mobile Website are 62 Percent Less Likely to Purchase from that Business in the Future

Nearly Half (48 percent) of Online Shoppers Simply Head Straight to a Large Ecommerce Marketplace

More eCommerce Strategy Stats

85 Percent of Consumers Conduct Online Research Before Making a Purchase Online

88% of Shoppers Characterize Detailed Product Content as Being Extremely Important to their Purchasing Decisions

81% of Shoppers Research their Product Online before Purchasing

The Average Order Value of B2C Online Order is $52

E-Commerce Sales Accounted for 11.9% of All Retail Sales Worldwide

Average Open Rate of Newsletter Campaigns from Ecommerce Stores to Customers is 18.45%

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

Mobile Traffic Represents 53% of all Ecommerce Traffic

9% of Ecommerce Sites are Offering a Rewards Loyalty Program to Customers

An Inconvenient Returns Policy Deters 80% of Shoppers

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