Mobile Audience Insights Report Q2 2014 Spotlight on Retail Mobile Audience Insights Report Q2 2014 Spotlight on Retail Research Overview Shop Now Mobile Path to Purchase Trends................................................2-5 Mobile Ad Influences on Consumer Behavior.......................6-7 Mobile Ad Effectiveness: LCI™ Analysis......................................8 Retail Consumer Profiles........................................................... 9-10 Conclusion.......................................................................................... 11 $49.99 $24.99 $14.99 $59.99 $149.99 $74.99 110 % growth in consumers who research retail products via smartphones from 2013 Source: NinthDecimal, Q2 2014 Our Q2 research report focuses on understanding how mobile is impacting consumers’ path-to-purchase behaviors within the retail industry. Specifically, the report analyzes key trends and important industry insights in consumers’ location and mobile adoption. Our report delves into several key areas of analysis. The first examines how growing mobile usage is reshaping consumer behavior with respect to researching and purchasing items across the retail spectrum. The second assesses how timing, proximity, mobile ads, and in-store engagement affect consumer path-to-purchase decision-making. The third looks at ROI from retail-based mobile ads, using our Location Conversion Index™ and proprietary data to pinpoint key trends. Key Findings • Retail mobile ads drove 51% more store traffic than non-retail mobile ads in 2014 (p. 8). • Smartphones have replaced tablets as the leading mobile device that consumers use to research retail items, with a 110% growth in usage from 2013 (p. 4). • Mobile engagement for retail consumers occurs earlier in the path-to-purchase than in other verticals, with 73% engaging with mobile ads and 81% researching items via mobile before they go on shopping trips as opposed to on-the-go (p. 5 & 6). • While in-store, 61% of consumers would prefer to receive mobile ads with discounts or sales information, but only 49% are actually receiving these ads, indicating an opportunity for advertisers to refine their in-store strategy (p. 7). NinthDecimal.com 1 Source: NinthDecimal, Q2 2014 Mobile Audience Insights Report Q2 2014 Spotlight on Retail How Retail Consumers Use Mobile for Research & Purchasing 43% 40% 37% 33% 25% 24% 19% 12 % Entertainment Electronics Clothing 13 16% % 9% Shoes & Accessories 9% Sporting Goods Household Items 11 % 14% Children’s Items 7 % 10% 7% 6% Beauty Jewelry Source: NinthDecimal, Q2 2014 Research Purchase • Retail consumers use their mobile device to research (37%) and purchase (43%) entertainment-related products more so than any other retail product. • Retail consumers are less inclined to use their mobile to purchase specialty items (beauty, jewelry, children’s items) than generic items (entertainment, electronics, clothing). • For all retail categories except jewelry, consumers are more likely to use their mobile to purchase items than to research them. NinthDecimal.com 2 Source: NinthDecimal, Q2 2014 Mobile Audience Insights Report Q2 2014 Spotlight on Retail Cross-Device Path-to-Purchase Behavior Retail Consumer Research Behavior by Device 72% research on their smartphone Of that 72% 58% research on their tablet Of that 58% 78% research on their laptop Of that 78% 66% research in-store Of that 66% Retail Consumer Purchase Behavior by Device Purchase on smartphone Purchase on tablet Purchase on laptop Purchase in-store 23% 20% 21% 38% 8% 34% 25% 33% 7% 13% 46% 34% 8% 12% 17% 63% Indicates top purchasing method Source: NinthDecimal, Q2 2014 • Retail consumers who research on their smartphones tend to purchase almost equally across smartphones (23%), tablets (20%) and laptops (21%), whereas consumers who research via laptops and tablets tend to purchase on the same device (46% and 58%, respectively). • While the majority of retail consumers (63%) who research in-store also purchase in-store, 20% rely on mobile devices (smartphones and laptops) to make their final purchases. • Approximately 1/3 of retail consumers who research items on their mobile devices or laptops still prefer purchase these items directly in-store. NinthDecimal.com 3 Source: NinthDecimal, Q2 2014 Mobile Audience Insights Report Q2 2014 Spotlight on Retail Consumer Preferences for Researching Retail Products What devices do you use to research retail products? How do you prefer to research retail products? Retailer’s Website % % 3% 2 1 2013 20% 7% 37% 1 % 45% Word of Mouth 8% Smartphone Shopping Aggregator’s Website Email Notifications Tablet Retailer’s Mobile Site Retailer’s Branded App Shopping Aggregator’s Mobile Site 15% 2014 45% Smartphone 18% 16% Tablet Shopping Aggregator’s App Push Notifications & Alerts Source: NinthDecimal, Q2 2014 Source: NinthDecimal, Q2 2014 • Smartphones have replaced tablets as the leading device for researching retail items, with a 110% growth in usage from 2013, while tablet usage has declined 57%. • While the majority (63%) of consumers prefer to research retail products via traditional online tools (retailer’s/shopping aggregator’s websites), the use of mobile as a research tool is continuing to grow, up 46% from 2013. • Consumers prefer retailers’ own branded resources over shopping aggregators’ resources – they are 3.5x more likely to research items using a retailer’s mobile site than a shopping aggregator’s mobile site. NinthDecimal.com 4 Source: NinthDecimal, Q2 2014 Mobile Audience Insights Report Q2 2014 Spotlight on Retail When & Where Retail Consumers Engage With Mobile Along the Path-to-Purchase Where do consumers engage with mobile to research retail items? What is the average lead time for researching retail products via mobile? Item Price 69% At Home At Work 12 % While Commuting 7% While Shopping 6% In a Store Before a shopping trip Days $1 - $49 10 $50 - $99 12 $100 - $249 19 $250 - $499 During a shopping trip 28 $500 - $999 6% 37 $1000+ 45 Source: NinthDecimal, Q2 2014 Source: NinthDecimal, Q2 2014 • 81% of retail consumers use their mobile devices to research items before they before they go on a shopping trip (either at home or at work), as opposed to on-the-go (19%). • Retail consumers engage with mobile earlier in the path-to-purchase process than consumers in other verticals, beginning research of items over $1000 as much as 45 days in advance. NinthDecimal.com 5 Source: NinthDecimal, Q2 2014 Mobile Audience Insights Report Q2 2014 Spotlight on Retail How Retail Consumers Engage with Mobile Ads What information are you most likely to respond to in a retail-related mobile ad? In the last 30 days, have you purchased a retail product as a result of seeing a mobile ad? 55% 60% 45% Yes No 36% 35% Source: NinthDecimal, Q2 2014 25% When are you most likely to engage with a retail mobile ad? 7% s Ti p St yl e to St th Off or e e Ne er Lo a s/ In ca res fo tio t n Ot rma he tio rP n A M rod bo ig uc u ht ts t Li I ke ve aw ay s Gi Di Source: NinthDecimal, Q2 2014 ns While in a Store re ct io Di sc ou While on a Shopping Trip Pr od Before You Shop uc tR ev Pr iew od s uc tI nf or m at io n 73% /S al es 15% 13% nt s 12% 21% Source: NinthDecimal, Q2 2014 • While the majority of retail consumers are most likely to respond to a mobile ad containing discount or sales information, at least 1/3 of consumers also prefer mobile ads with product reviews (36%) and product information (35%). • Retail consumers are 6x as likely to respond to a retail-related mobile ad before they shop as opposed to when they are in a store. NinthDecimal.com 6 Source: NinthDecimal, Q2 2014 Mobile Audience Insights Report Q2 2014 Spotlight on Retail In-Store Mobile Advertising: How Advertisers Can Increase Engagement Discount-driven mobile ads 61% 49% 42% Advice-driven mobile ads 28% 17 20% % A Coupon for a Discount on Items in that Store Notification of What Items are on Sale 25% 13% Store Reviews 20% 8 % Product Reviews Retailer-initiated Mobile Engagement 7 % Style Tips 12% 9 % 10% Comparison Pricing Product Recommendations from Competing Retailer Based on Past Purchases Consumers’ Preferred Mobile Engagement Source: NinthDecimal, Q2 2014 • Retail consumers are 37% more likely to respond to discount-driven mobile ads than advice-driven mobile ads while in-store. • 61% of retail consumers want to receive mobile ads with discounts while in-store, but only 49% are actually receiving them, indicating a huge opportunity for mobile advertisers to refine their mobile ad strategy. • Similarly, 42% of consumers want in-store ads telling them which items are on sale, while only 28% actually receive them. NinthDecimal.com 7 Source: NinthDecimal, Q2 2014 Mobile Audience Insights Report Q2 2014 Spotlight on Retail Mobile Ad Effectiveness: How Do Retail Ads Affect Drive-to-Location? Lift in store visits for 2014 retail mobile ads Lift in store visits for non-retail mobile ads 51% Lift in store visits 193 200 180 160 160 128 140 120 100 100 106 65% Increase from control group 140 21% Increase from control group 28% Increase from general pop. 80 80 60 60 40 40 20 20 General Audience Matched Exposed Population LCI™ Control LCI™ Audience LCI™ Increase from general pop. 117 120 100 93% 100 General Audience Matched Exposed Population LCI™ Control LCI™ Audience LCI™ Source: NinthDecimal, Q2 2014 Source: NinthDecimal, Q2 2014 • Retail mobile ads drove a 51% greater lift in store visits than all other 2014 mobile ads. • Consumers exposed to retail mobile ads visited stores 65% more than the control group of consumers who didn’t see the ads. NinthDecimal.com 8 Source: NinthDecimal, Q2 2014 Mobile Audience Insights Report Q2 2014 Spotlight on Retail Consumer Brand Engagement: Where Retail Shoppers Are Using Their Mobile Device Where do retail consumers engage with their mobile device the most? Retail venues: 5% 8 % Non-retail venues: 33 7 % % 3% 31% 9% 10% 13% 18% 17% 26 % Clothing Big Box Retailer Entertainment Venues Auto 20% Restaurants & Cafés Electronics Sporting Goods Hotels/Hospitality Source: NinthDecimal, Q2 2014 Gyms Banks/Credit Unions Colleges & Universities Beauty Salons Other Source: NinthDecimal, Q2 2014 • The top retail venues where consumers connect with their mobile devices are clothing stores (33%), big box retailers, (26%) and electronics stores (18%). • Approximately 1/3 of retail consumers engage with their mobile devices while in restaurants & cafés (31%), followed by gyms (20%), and colleges & universities (17%). NinthDecimal.com 9 Source: NinthDecimal, Q2 2014 Mobile Audience Insights Report Q2 2014 Spotlight on Retail Understanding Today’s Consumer: Profiles of Electronics & Fashion Shoppers Electronics Consumer Profile Fashion Consumer Profile Demographics: Demographics: Average HHI: $50-$75K 61% 39% Male Female Average Age: 25-34 Average HHI: 31% 69% Male Female $75-$100K Average Age: 35-44 Top venues where they use their mobile device: Top venues where they use their mobile device: Electronics consumers are also: Fashion consumers are also: 45% 42% 31% Green Consumers Casual Diners 28 32% % Do-ItYourselfers 21 % Business Travelers 19% Sports Enthusiasts 18% Students Health Enthusiasts Source: NinthDecimal, Q2 2014 NinthDecimal.com 27% Fine-Dining Enthusiasts Parents 25% Leisure Travelers 18% 14% Entertainment Enthusiasts Auto Intender Source: NinthDecimal, Q2 2014 10 Source: NinthDecimal, Q2 2014 Mobile Audience Insights Report Q2 2014 Spotlight on Retail Q2 2014 Mobile Audience Insights Report The Q2 2014 Insights Report highlights recent mobile market audience usage trends for advertisers to apply to their mobile strategies and campaigns. This quarter focused on the retail industry. NinthDecimal is the leading mobile audience intelligence platform building the most comprehensive understanding of people by connecting their digital and physical lives. Our audience data is built on 1 trillion data points from over 1 billion devices, allowing us to create hundreds of customized audience segments with the scale to drive meaningful business results. NinthDecimal’s precision, scale, and advanced data science allow us to build the most accurate understanding of audiences, providing clients with actionable intelligence and massive campaign reach. Our core capabilities differentiate us from any other player in the industry: • Precise audience intelligence – We build audiences with location as the foundation, and manage this data with the most accurate and precise approach in the industry. • Audience scale – With 1 billion profiled devices and 1 trillion data points from these devices, we provide relevant, recent data to create marketable moments to drive campaign success. • Top-tier measurement and performance capabilities – We are the only company able to measure incremental lift in foot traffic per campaign. Our audience precision delivers a 4x lift in campaign performance over other mobile targeting approaches. • One audience and one integrated solution – Unlike with other mobile platforms, we help marketers reach the same audience across display, video, online, and programmatic media channels. Methodology NinthDecimal’s Mobile Audience Insights Report research is based on data compiled from a survey of 1,511 randomly selected mobile users, as well as the billions of data points from NinthDecimal’s proprietary mobile audience intelligence platform. Location Conversion Index™ measures ROI by finding the normal visit rate for the general population, then comparing it against audiences both exposed and not exposed to mobile campaigns in order to measure incremental store visits. The survey data was collected from May - June 2014 while the platform data was analyzed throughout Q2 2014. The Mobile Ad Effectiveness Benchmark results were from 1H 2014. NinthDecimal.com 11 Source: NinthDecimal, Q2 2014
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