🛒💥 Are you struggling with abandoned #payments? If so, you need to delve into this to grasp the latest #retail trends and the habits of future shoppers! 👇 WE ARE ALL #GENZ NOW! What does this mean for payments? 💡 Did you know that 44% of sales are at #risk if the preferred payment method is unavailable during checkout? 🚫💸 That's quite a significant figure, isn't it?! In addition to shopper attitudes aligning across different demographics, there is a convergence of age groups open to adopting new technologies: - 47% of shoppers over 71 were willing to use checkout-free stores 💳 - 43% of those aged 59-70 were open to initiating a retail subscription. 🗣️🤝 Watch an ENGAGING presentation from #mpe2024 by Pinar Koygun, the Senior Director of Retail Vertical Growth at Worldpay, and uncover why it's crucial to: - Understand the preferences of future #shoppers - Embrace an #omnichannel approach - Provide diverse payment options to remain relevant to #future shoppers 🛍️ 🔍 Gain insights into shopper personas and master the art of capturing their attention and, most importantly, their purchase by watching this presentation: 📈 https://lnkd.in/eZ6ER3-B 💬 😲 Did you find this enlightening? Let us know in the comments below. Want to access more valuable content from this series? Subscribe to our channel and stay abreast of the discussions from mpe: https://lnkd.in/ep9CQur5 #mpeBerlin #mpe2025 #Shoppers #Survey #DigitalWallet #BNPL #Sales #Shopping #Preferences
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Exciting news! The latest Shopper Experience Index from Bazaarvoice is out now! We've gathered insights from over 8,000 shoppers across seven countries to explore what influences shopping choices, differences by age or generation, and shifts in preferences by product category. Check out the new SEI report and download it here: https://my.ugc.bz/klHgTe #bazaarvoicesei
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📣Big news! We doubled the UK Homescan panel to 30,000 households, enhancing the Consumer Panel Services (CPS) 🎉https://lnkd.in/grk5psST Karl Brady, Consumer Panel Market Leader at NIQ, said: “Our latest data shows UK households shopping for groceries almost five times a week, visiting 8 different grocery stores and shopping across 70+ categories in just 12 weeks.” You can use the data from our expanded sample to track, diagnose and analyse shopping behavior to understand how brands, retailers and categories perform, and identify the key drivers behind that performance. Discover more about NIQ’s latest enhancements and how it can help you find and win the shoppers you need to grow. #CPS #ConsumerPanelServices #ConsumerBehavior
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Attention FMCG manufacturers! Now is the perfect time to reach out to Karl Brady and Martin Hanscombe at NIQ. Discover how our new enhanced consumer panel can drive significant efficiencies and elevate your business performance. By integrating our consumer panels with the Discover platform, we can now provide a comprehensive measurement of the total store, consumer, and omnichannel journey. With NIQ’s “Full View,” you can tackle business questions without the hassle of data source discrepancies. This allows you to focus on optimizing performance and seizing growth opportunities, rather than worrying about trend alignment or product attribution differences.
📣Big news! We doubled the UK Homescan panel to 30,000 households, enhancing the Consumer Panel Services (CPS) 🎉https://lnkd.in/grk5psST Karl Brady, Consumer Panel Market Leader at NIQ, said: “Our latest data shows UK households shopping for groceries almost five times a week, visiting 8 different grocery stores and shopping across 70+ categories in just 12 weeks.” You can use the data from our expanded sample to track, diagnose and analyse shopping behavior to understand how brands, retailers and categories perform, and identify the key drivers behind that performance. Discover more about NIQ’s latest enhancements and how it can help you find and win the shoppers you need to grow. #CPS #ConsumerPanelServices #ConsumerBehavior
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As shopper behaviours evolve, brands and retailers are working hard to catch up, using tools to connect with a new generation of increasingly demanding and informed shoppers. In today's challenging economic environment, South African shoppers have become savvier and more selective, seeking good quality at reasonable prices rather than just the cheapest options. This shift has weakened traditional brand loyalty, leading consumers to explore multiple retailers for better value, both in-store and online. Follow the link to find out more: https://lnkd.in/dC-vVDsr #SouthAfricaGroceryShopperReport #KnowledgeShare
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🛒🇿🇦 Retail in South Africa is evolving rapidly! With fewer grocery trips and more online shopping, consumer behaviors are shifting... 📉 Discover the key trends shaping the future of shopping and what it means for consumers and businesses: https://bit.ly/3XlvF36 💡 #AkinonBlog #RetailChange #SouthAfricaRetail #SouthAfrica #FutureOfShopping #ConsumerInsights Ivan Grobler
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The face of Retail is changing in South Africa! In my latest article, I explore the evolving retail landscape in South Africa and the impactful shifts in consumer behaviour. The State of the Retail Nation report by NIQ South Africa reveals crucial trends that retailers must consider as they navigate the changing retail environment. Key findings from the report highlight positive growth in the South African FMCG sector, reaching 452 billion rand annually. However, changing consumer habits, such as fewer trips to grocery stores and a preference for own-brand products, necessitate retailers to adapt and innovate to meet evolving consumer demands. As online shopping and emerging brands gain traction, the importance of leveraging technology to enhance customer experiences and stay competitive becomes evident. Retailers need agile and scalable technologies to deliver seamless omnichannel experiences that align with modern consumer expectations. At Akinon, we prioritize aligning with these trends, driving innovation, and providing competitive solutions to support retailers in meeting their customers' evolving needs and thriving in the dynamic retail landscape. To dive deeper into the future of retail in South Africa, read the full article here https://bit.ly/3XlvF36. #RetailTrends #ConsumerBehavior #InnovationInRetail #Akinon #SouthAfricaRetail Miguel de Nobrega Ross Griffin Marc Davids Baha Tugrul Altiner Tayfun Topkoc Nurcan Bicakci Arcan
🛒🇿🇦 Retail in South Africa is evolving rapidly! With fewer grocery trips and more online shopping, consumer behaviors are shifting... 📉 Discover the key trends shaping the future of shopping and what it means for consumers and businesses: https://bit.ly/3XlvF36 💡 #AkinonBlog #RetailChange #SouthAfricaRetail #SouthAfrica #FutureOfShopping #ConsumerInsights Ivan Grobler
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This was a very interesting read on the South African Grocery Shopper Report. Today's South African shoppers are redefining value, focusing on quality over just price. It will be interesting to see how brands and retailers that invest in understanding these evolving preferences through detailed research thrive in this competitive landscape.
As shopper behaviours evolve, brands and retailers are working hard to catch up, using tools to connect with a new generation of increasingly demanding and informed shoppers. In today's challenging economic environment, South African shoppers have become savvier and more selective, seeking good quality at reasonable prices rather than just the cheapest options. This shift has weakened traditional brand loyalty, leading consumers to explore multiple retailers for better value, both in-store and online. Follow the link to find out more: https://lnkd.in/dC-vVDsr #SouthAfricaGroceryShopperReport #KnowledgeShare
South Africa Grocery Shopper Report: Understanding SA’s evolving shoppers
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Do politics impact shopping? At the start of the summer, 45% of shoppers cited being extremely concerned about the divisive political climate, and 19% said it already changed the way they shop. Kantar is your reliable partner to understand who those shoppers are, where they shop, what shopping strategies they adopt, and if the impact is increasing during these unprecedented times. Stay in the know and anticipate what’s next. Access more about Kantar Shopper Sightlines here: https://loom.ly/DktPwQ0 #ShopperInsights #Shopping #Retail
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Understanding how consumers shop, especially in uncertain times, can make a big difference between your product making it in their baskets or not. NIQ’s guide helps bring clarity regarding what consumers consider essential in their shopping lists
As we gear up for the back-to-school season, understanding the shopping mindset of Canadian consumers is crucial. Shoppers may be navigating the marketplace with a vulnerable mindset, impacting their shopping basket decisions significantly. With inflation and economic uncertainty at play, knowing what categories are deemed essential to consumers is more important than ever, as businesses come to the aid of consumers in key shopping occasions. Dive deep into the Essential Shopping guide to discover how to better connect with Canadian consumers during these challenging times: 👉 https://lnkd.in/dtzMz-2Q #ConsumerBehavior #BackToSchoolShopping #EssentialCategories
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💥 Bazaarvoice's NEW Shopper Experience Index is LIVE! 💥 We surveyed over 8,000 shoppers across seven global markets to explore questions like: → What drives shoppers between online and offline channels? → Do these motivators change by age or generation? → How do preferences vary across product categories? 🙌 Get the answers to these questions and many more in our latest SEI report. Download it NOW: https://my.ugc.bz/dFlNu5 #bazaarvoicesei
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