GLOBAL RESEARCH SYNDICATE
No Result
View All Result
  • Login
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights
No Result
View All Result
globalresearchsyndicate
No Result
View All Result
Home Consumer Research

How Online Merchants Can Win Consumer Trust

globalresearchsyndicate by globalresearchsyndicate
September 6, 2020
in Consumer Research
0
How Online Merchants Can Win Consumer Trust
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter

Share

Tweet

Share

Share

Share

Print

Email

It has now been six months since the coronavirus outbreak was declared a pandemic on March 11, and consumers are more likely than ever to shop and pay online, not only for retail goods, but for groceries and food orders from restaurants.

Half of all consumers now say they have switched from shopping in stores to shopping online, with an estimated 114 million U.S. adults now purchasing food, groceries and retail items online.

With reopening phases doing little to quell consumers’ appetite for online shopping experiences, grabbing consumers’ attention and earning their trust is of utmost importance for merchants looking to survive in this new digital economy. But how can retailers stand out from the crowd and enhance their websites in ways that helps build trust in these digital shoppers and entice them to buy their products, rather than those on competing sites?

In the Inspiring Trust In The New Digital Economy report, PYMNTS examines what site features can help eTailers earn consumers’ trust in the current digital-first economy. We surveyed 2,437 U.S. consumers to find out what they expect trustworthy eCommerce sites to look like, how eTailers can improve their sites to build trust with their shoppers, and the importance of establishing trust with eCommerce shoppers in an economy in which digital commerce is the default.

PYMNTS research shows that merchants are facing mounting pressures to equip their sites with the visual and social cues that consumers rely on when deciding whether a new-to-them merchant gets their business. A total of 20 percent of consumers consider whether they have heard of the site before, whether they accept name brand digital wallets, if the site is visually appealing and easy to use, and other cues such as these when determining whether to trust eCommerce sites enough to buy their items.

Standing out is only half the battle, however. Once consumers have made purchases on new eCommerce sites, they expect that the rest of their shopping experience – from status updates, to delivery and additional customer service – to be just as simple and enjoyable as the payments process. So, which types of shopping features can merchants adopt to transform first-time buyers into loyal customers?

Inspiring Trust In The New Digital Economy seeks to answer these questions and many more in a roadmap for eTailers looking to enhance their digital presence and boost revenues.

To learn more about what consumers expect from their eCommerce merchants in this increasingly digital-first economy, download the report.

——————————

NEW PYMNTS DATA: HOW WE SHOP STUDY – SEPTEMBER 2020

The How We Shop Report, a PYMNTS collaboration with PayPal, aims to understand how consumers of all ages and incomes are shifting to shopping and paying online in the midst of the COVID-19 pandemic. Our research builds on a series of studies conducted since March, surveying more than 16,000 consumers on how their shopping habits and payments preferences are changing as the crisis continues. This report focuses on our latest survey of 2,163 respondents and examines how their increased appetite for online commerce and digital touchless methods, such as QR codes, contactless cards and digital wallets, is poised to shape the post-pandemic economy.

Consumer Spending, D2C, digital commerce, digital wallets, ecommerce, economy, groceries, Inspiring Trust In The New Digital Economy, loyalty rewards, Main Feature, News, privacy, Retail

Related Posts

How Machine Learning has impacted Consumer Behaviour and Analysis
Consumer Research

How Machine Learning has impacted Consumer Behaviour and Analysis

January 4, 2024
Market Research The Ultimate Weapon for Business Success
Consumer Research

Market Research: The Ultimate Weapon for Business Success

June 22, 2023
Unveiling the Hidden Power of Market Research A Game Changer
Consumer Research

Unveiling the Hidden Power of Market Research: A Game Changer

June 2, 2023
7 Secrets of Market Research Gurus That Will Blow Your Mind
Consumer Research

7 Secrets of Market Research Gurus That Will Blow Your Mind

May 8, 2023
The Shocking Truth About Market Research Revealed!
Consumer Research

The Shocking Truth About Market Research: Revealed!

April 25, 2023
market research, primary research, secondary research, market research trends, market research news,
Consumer Research

Quantitative vs. Qualitative Research. How to choose the Right Research Method for Your Business Needs

March 14, 2023
Next Post
Tuning Fork Crystal Resonator Market with Future Prospects, Key Player SWOT Analysis and Forecast To 2025

Radio Over Fiber Market Share, By Product Analysis, Application, End-Use, Regional Outlook, Competitive Strategies & Forecast up to 2025

Categories

  • Consumer Research
  • Data Analysis
  • Data Collection
  • Industry Research
  • Latest News
  • Market Insights
  • Marketing Research
  • Survey Research
  • Uncategorized

Recent Posts

  • Ipsos Revolutionizes the Global Market Research Landscape
  • How Machine Learning has impacted Consumer Behaviour and Analysis
  • Market Research: The Ultimate Weapon for Business Success
  • Privacy Policy
  • Terms of Use
  • Antispam
  • DMCA

Copyright © 2024 Globalresearchsyndicate.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights

Copyright © 2024 Globalresearchsyndicate.com