Brick and Mortar Retail Store Statistics Douglas

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No, this is not an emotional narrative that’s conveniently ignoring the reality, but it’s a reflection of what consumers think and how the traditional (offline) retail market has been performing in the past few years, despite the presence of online retail stores growing every year. Rutgers University Estimates for 2018 still project over 91.2% of all sales will happen in a retail store, leaving just 8.8% of sales occurring online This infographic was created by Rutgers University’s Online Bachelor of Arts in Business Administration program, and illustrates the statistics and how retail stores are adapting with improved customer service, customer experience, mobile technology, mixed reality, and store ambience.


You may already see the transformation happening, where stores look much more like showrooms Fax Lists than storerooms.  Karr Douglas Karr Did you see what I did there? This Midwesterner used the British spelling of behaviour rather than behavior. I just wanted to prove to everyone how worldly I am… or not. I’ve actually never been to the United Kingdom despite Scottish and British heritage on my Mum’s side of the family. (See that? I did it again!) Ok, humour aside (doh!), this is some great information captured by CM Brand. I actually believe this is probably a more accurate depiction of urban purchasing behavior here in the United States as well. Understanding consumer behaviour is not just about finding out what products or promotional gifts appeal to a demographic. From a marketer’s perspective, it should be about getting down to specifics like why a customer acts a certain way in a unique gift store, how people share information with each other, and what cultural or societal influences are at work in shaping their perceptions.




Max Baumber Here’s a rundown of behaviors to keep in mind as you’re developing your marketing strategies abroad (and even here): UK Shoppers are Loyal – capture their data, keep in touch, and personalize marketing efforts. UK Shoppers Value Free, Reliable Delivery and Product Returns – resolve delivery issues and provide free returns to thrive in online retail. UK Shoppers Research Products Online – ensure customers can find information about your products online through search, social, and a comprehensive product-focused site. Stores Are Still Essential to the Brit’s Buying Journey – Integrate your online and offline stores for a seamless shopping experience and reward in-store purchases and loyalty. Product Knowledge of Sales Associates and Ability to See Products Are Important – Provide a smooth in-store experience to customers by investing in training and developing in-store sales representatives.