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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > STUDY REVEALS BRITISH ONLINE SHOPPERS DEMAND FLEXIBILITY
    Top Stories

    STUDY REVEALS BRITISH ONLINE SHOPPERS DEMAND FLEXIBILITY

    STUDY REVEALS BRITISH ONLINE SHOPPERS DEMAND FLEXIBILITY

    Published by Gbaf News

    Posted on March 10, 2015

    Featured image for article about Top Stories

    Survey Highlights Preferences for Alternate Delivery Locations and Free Shipping

    UPS (NYSE: UPS), a global leader in logistics and transportation services, and comScore, Inc. (NASDAQ: SCOR), a leader in measuring the digital world released the second UPS Pulse of the Online Shopper™ Europe study, analysing what drives an online shopper’s full path to purchase, including over 1,000 British respondents. Results show the advent of the ‘flex shopper’ – an online buyer who easily switches channels and devices when evaluating and purchasing products.

    The European version is part of a global study that examines emerging trends from Asia, Brazil, Mexico and the U.S. Key global findings include:

    • Online shoppers want alternative delivery locations and more payment options.
    • Mobile is a catalyst to omnichannel shopping and retailers should address limitations.
    • Free shipping is still important along with a greater emphasis on returns.

    Convenience Dominates the Shopping Landscape

    British consumers expect a compelling online and in-store shopping experience, and the flexibility to choose when and how they receive their items. Online shoppers across markets are looking for alternative delivery options, including in the UK where 26% said they would prefer their online order be delivered to locations other than their home, an increase from the previous edition of the survey.

    “As technology develops and consumer expectations change, these ‘flex shoppers’ want convenience and comprehensive information when making purchases online,” said Matt Guffey, marketing manager for UPS UK. “To meet these challenging expectations, UPS is well positioned to help retailers develop innovative logistics solutions that make them successful with their online customers, especially with UPS My Choice® and the UPS Access Point™ Network – a combination that helps personalize the package delivery experience.”

    Comprehensive Information is Essential

    Detailed product information and online content may never replace a well-informed sales associate, but it can support consumer research in advance of store visits. Only 59% of UK shoppers are satisfied with the amount of product detail offered to help them determine if a product meets their needs. In response to questions related to delivery information, more than half (52%) of British respondents said they prefer seeing the expected arrival date rather than the number of days it will take for the product to arrive.

    Technology Changes Shopping in Unexpected Ways

    With new web and mobile technology making it easier to comparison shop, 33% said they compare prices on their smartphones while in store. Social media also influences online purchases for 27% of British online shoppers.

    Logistics Plays a Key Role

    Providing delivery options at checkout and flexible returns are also important – only 52% of British shoppers are satisfied with the ease of making online returns/exchanges. Delivery times are also a factor, as 56% of UK shoppers have abandoned a cart due to lengthy delivery times or a delivery date not being provided. Free shipping continues to drive purchasing decisions as 51% of British online shoppers said they chose a slower transit time to qualify for free shipping – the highest percentage of the European countries surveyed.

    Click on this animated map to learn more about each market.

    comScore-Infographic2

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