1 in 10 retailers expect more than 50% of their online sales to come via mobile by the end of 2014
Highlights from the IMRG e-Retail Survey April 2014:
Nine out of 10 fashion retailers now offer international delivery
Two thirds (67%) of multichannel retailers now offer click and collect, up from 54% in October 2013
7 April 2014: As many as 11% of retailers said they expect over 50% of online sales to be made on a smartphone or tablet device by the end of this year, according to the latest IMRG e-Retail Survey published today.
This figure is up from just 4% in 2013, when the last e-Retail Survey was conducted, highlighting the growing importance of the mobile channel for UK e-retailers.
Tina Spooner, chief information officer at IMRG, said: “Mobile continues to dominate the e-retail landscape, with sales via mobile devices now accounting for a third of UK e-retail sales. The latest survey results also reveal that mobile has a key part to play in the multichannel retail environment, with three-quarters of high street / multichannel retailers now having a mobile-optimised website, compared with just over half of pureplay merchants.
“With an increasing number of consumers now using their mobile devices to browse and compare products while in-store, it is no surprise that mobile has become an integral part of retailers’ multichannel strategies.
“Our latest survey results also reveal an increasing optimism among retailers around their expectations of online sales growth during 2014. While almost all merchants surveyed said they expect to see positive year-on-year sales growth, a significant proportion (42%) forecast sales growth to reach in excess of 20%”.
We also learned that 72% of e-retailers surveyed offer international delivery – this is unchanged from October 2013’s findings. This rises to 88% for clothing and apparel retailers.
In addition, around two thirds (67%) of multichannel retailers surveyed now offer click and collect, a significant increase from 54% in October. The convenience of click and collect and certainty of not missing deliveries encourages customers to opt for this method, enhancing the overall customer experience.