Retailers failing shoppers, smartphones could be the answer

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You are not alone if you walk into brick and mortar stores to check out a product only to turn around and buy it online later. According to a new study from Retrevo, 66% of all shoppers and 78% of smartphone owners “look at a product in a store” and then purchase the product online from a different outlet. Consumer electronics stores are taking the biggest hit; 58% of smartphone owners decide to buy products first spotted in a store online. Retrevo suggests that is because consumers feel overwhelmed with the amount of products on display. 53% of the respondents who walked into a retail electronics store could not decide what to buy. 30% of those shoppers said it was because they did not have an adequate amount of information on the products they were searching for and sales staff were of no help. Smartphones could help save stores such as Best Buy, however. 42% of shoppers use their phones to check prices while in store, 25% use smartphones to find coupons and 29% read reviews and product specs on their phone. Retrevo suggests that a carefully crafted application that provides access to the aforementioned information could help consumers stay in stores instead of heading home and buying goods online.

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10 Comments
  • http://www.searingarrow.com AlienSix

    Amazon Wireless and Wirefly are killing it for retailers

  • Anonymous

    the only thing i buy on my smartphone are movie tix…don’t really feel comfy putting my debit card info into all these apps.

    • http://www.daverea.com/ Dave

      This isn’t [necessarily] talking about people buying things *on* their smartphones. Just people who elect to purchase things from online sellers after visiting a brick-and-mortar store. I’m sure a small percentage of those sales are actually completed on smart phones, and a small percentage of those are actually completed while still in the store, but that’s not the point being made.

  • RH

    This is what I use Best Buy for.  If there is something I want, and don’t need it today, I check to see if BB has it, then “window shop, kick the tires” at BB, then order it from Amazon or another online retailer.  Usually for a LOT less, with free shipping most of the time.

  • Rob Meyer

    Maybe if there wasn’t such a price disparity between B&M stores and the internet there wouldn’t be such a problem. I understand the overhead of operating a store with more employees, but when those employees are inadequately trained and pushing a sale for commission the stores lose 9 out of 10. Why would I buy from a store, pay state sales tax (up front) and pay more then a online retailer I can get for a considerable discount with free shipping? Its sad to say, but this is just another casualty of technology, as most industries have had to deal with over the past century or two. Adapt and make your experience more personal, pleasurable, and informative then buying from the internet, or close up shop.

  • http://www.daverea.com/ Dave

    Online shopping: No pushy salespeople, better prices, wider selection and (in some cases) no tax. Where it falls down? Products I need to try before I buy, and products that require service and maintenance. I wouldn’t dream of buying a bicycle online, even if I’d been fitted at my local shop – because that’s where it’s going to go for service and tune-ups.

    Local retail isn’t adding value for mass-market products – and the local retailers who survive this decade will be the ones who add value through face-to-face interaction.

  • http://twitter.com/bcarcio Ben Carcio

    This is only true in the certain verticals, like electronics. It works the other way with large considered purchases like flooring, power equipement, boats, bikes, etc. Its web then in-store.  

  • http://twitter.com/AngstKeiner AngstKeiner

    Send your surrogate to the store and when whatever isn’t available: Pause curiously inside the store while you disengage; check the web; Make purchase; then resume; head off to the club.

    Oh wait . . .you haven’t experienced that movie/reality yet . . . .

    [/sarcasm]
    (I thought it was funny)

  • Ronl12

    To be honest, I hate shopping in brick and mortar stores because I can never find anything. Whomever stocks the store doesn’t think like I do and whether electronics, department store, or grocery store, I have to wander the aisles even though I know exactly what I want.

  • Anonymous

    I’m guilty. If its not something I need right now, I will order off eBay or Amazon without a second thought.

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