Study: 66% of global online consumers now shop across borders
Shopping outside of one’s own domestic market is becoming increasingly prevalent in global ecommerce, especially in developed offshore markets such as Singapore and Hong Kong, according to a new survey conducted by Pitney Bowes.
The survey delineates the tendencies of certain shoppers to leverage an increasingly interconnected ecommerce marketplace, and also highlights growth in mobile ecommerce in emerging markets, where mobile is both preferred and necessary for connectivity. The information provided in the report will be of use to marketers who are looking to organically penetrate international markets.
“Consumers want to shop the way they want to shop, and increasingly that means shopping on a mobile device,” said Kathy Raymond, communications director at Pitney Bowes. “What we saw in the study is that throughout the shopping journey, mobile devices are playing an increasingly greater role.
“Roughly half of shoppers in Singapore at 58 percent, India at 50 percent, Mexico at 49 percent and China at 47 percent were most likely to use a mobile device (including tablets and phones) for browsing. These are countries that also have high frequencies of online shopping domestic and cross-border.”
The report confirms what many in online marketing already know: that the ubiquity of ecommerce is approaching more rapidly than previously thought. Nearly one-third of surveyed consumers reported that they make domestic online purchases on a daily or weekly basis, with the number being over two-thirds in China.
Pitney Bowes’ report also focuses on the role mobile platforms play in the evolution of the ecommerce experience.
Roughly half of shoppers in both established markets such as Singapore and emerging markets such as India, Mexico and China self-reported as being likely to use a mobile device for ecommerce purposes. When tracking orders, the figure jumps to more than half of users who use mobile.
The U.S. follows a similar paradigm: while only one-third of shoppers self-report using mobile to complete ecommerce purchases, mobile usage increases significantly to almost half when tracking a purchased item.
Mobile is also at the forefront of marketing and lead generation, with roughly two-thirds of respondents from emerging markets such as India, China and Mexico reporting that they received relevant mobile notifications from retailers based on location.
Source: Mobile Commerce Daily
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