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Yotpo Survey of Consumers Pinpoints Changing Online Shopping Behaviors and Priorities Amidst Global Coronavirus CrisisNEW YORK, March 25, 2020 /PRNewswire/ -- Yotpo, the leading eCommerce marketing platform, today released its Consumers & Commerce 2020 Coronavirus Trends Report, showcasing findings from a global survey that examines the changing behaviors, priorities, and shopping trends of consumers in the US, UK, and Canada since they have been encouraged to self-isolate or asked to shelter-in-place. David vs. Goliath in the Battle for Consumer Loyalty "Amazon's relationship with consumers is just one of speed and convenience and lacks human connection or community. Now only Prime members are being prioritized and, of course, that comes with a fee," said Tomer Tagrin, CEO & Co-founder of Yotpo. "Today's D2C brands are the world's Mom & Pop shops of eCommerce, and they truly care about their customers and their communities. Consumers are rallying to support their local small businesses, and we encourage them to rally their support around D2C brands as well, especially as they could be the most heavily impacted during this pandemic." Additionally, consumers will take extra measures to access the products they need. If an item is out of stock, 40.55% of consumers will turn to a less familiar brand to help meet their need, which means it's critical for D2Cs to double down on thei brand and customer retention. Survival Essentials are Top of Mind for Consumers With food prioritized at the forefront, 46.05% are purchasing non-perishable items such as canned goods and other pantry staples like beans and rice. If the pandemic disruption continues, half of consumers (50.95%) say they plan to cook more often. Health & Wellness items, as well as household items, are also significantly important, with consumers buying more personal sanitizers (40.15%), medical care items such as thermometers (22.75%), and other wellness items like vitamins, superfoods, or CBD products (21.60%). While 30.85% of consumers said they were buying more toilet paper, they also noted they were focused on buying water, camping gear, frozen food, beer, and liquor. The Silver Lining for D2C Brands At the same time, many consumers (35.65%) are starting to pay more attention to brand marketing (via email, SMS, social ads, etc.). Consumers are watching brands and their messages closely, as 79.55% of consumers are looking to maintain spend (22.80%) or spend less (56.75%) because of the pandemic. What does this mean? "The rub for D2C brands is that their digital marketing budgets are likely being slashed," said Raj Nijjer, VP of Marketing, Yotpo. "It's the perfect time for brands to lean on eCommerce marketing best practices to reconnect with existing and new customers in a meaningful way. Examples could range from displaying reviews that provide purchase confidence in this time of massive uncertainty, to creative rewards programs that spur referrals and bolster community, to making every purchase worthwhile by offering support to a current, relevant charity or cause." Yotpo's Consumers & Commerce 2020 Coronavirus Trends Report presents findings from a survey of 2,000 U.S., Canadian, and U.K. women and men (ages 14 - 73) administered via Pollfish on March 17, 2020. A blog post about the survey can be found at Yotpo and the full data (by region, age, and gender) is available by request at [email protected]. ABOUT YOTPO Press Contact: | [email protected] View original content to download multimedia:http://www.prnewswire.com/news-releases/yotpo-survey-of-consumers-pinpoints-changing-online-shopping-behaviors-and-priorities-amidst-global-coronavirus-crisis-301029672.html SOURCE Yotpo |