SlideShare una empresa de Scribd logo
1 de 18
Descargar para leer sin conexión
2020 US holiday
shopping research
Implications for Post and
Parcel organizations
October 2020
Overview of findings
Due to the COVID-19
pandemic, online
shopping is on the rise
Most people want
home delivery of their
purchases
Shoppers want fast,
flexible and inexpensive
delivery options
Consumers want to
shop early this
holiday season
75% of the respondents
indicate they will be doing at
least some of their shopping
online this holiday season.
53% will buy more online to
some extent or significantly
while 12% will make all their
purchases online.
40% want fast and free
delivery while 18% are willing to
pay reasonable shipping costs
for personalized options.
20% indicate that return
shipping are a big challenge.
More than 80% want to shop
with retailers who have flexible
delivery and contactless
delivery options.
30% will start shopping earlier
for fear of not getting what they
want in time.
Many are not interested to shop
on typical shopping/ discount
days such as Black Friday, Cyber
Monday, Thanksgiving day.
Consumers may gift and be
gifted e-cards/ gift certificates
that will be redeemed post the
holiday season.
77% prefer home delivery
when shopping online.
50% get one to three deliveries
of online purchases every week.
27% want to avoid using
plastics while 18% want to
opt for greener packaging
for deliveries.
Key trends
& imperatives
for delivery
IMPERATIVES FOR DELIVERY
Integrate with retailers as they
localize inventories and partner
with delivery startups
Stress test systems to prepare
for increased load
Augment delivery workforce and
train them to meet increased
safety and hygiene mandates
01
02
03
The digital shift continues
The pandemic has fast-tracked the shift
to online. This is visible across age
groups and shopping categories.
75% will buy online (compared
to 65% in 2019).
43% will shop exclusively online
and 12% now buy everything
they can online and actively
avoid going into stores.
About 50% get one to three deliveries
of online purchases every week.
New purchasing habits adopted during
the pandemic are expected to continue.
Increasing online sales for fashion and
beauty retailers, department stores,
electronics and homeware retailers.
IMPERATIVES FOR DELIVERY
Accelerate move towards
automated micro-fulfilment
centers
Leverage Continuous Delivery
to increase route density and
reduce the cost of last-mile
delivery
Explore innovative pricing models
as retailers seek to offset increase
in delivery costs (and consumers
are not always willing to pay)
01
02
03
Conscious consumers,
expecting immediacy
Fast and free delivery that is reliable and
predictable is now expected, by default.
40% consumers expect fast
and free delivery.
Only 8% expect to have to
wait for their items.
27% want to avoid using plastics
while 18% want to opt for greener
packaging for deliveries.
57% find green delivery preferable,
and 48% are willing to pay for
environmentally friendly delivery
options (not only US, from October
2019 survey).
IMPERATIVES FOR DELIVERY
Enhance and communicate safe
handling and contactless
delivery of packages
Reinforce real-time track and
trace capabilities, delivery
notifications, flexible delivery
windows
Ramp-up customer support
(including bots) to address
increased consumer queries
01
02
03
Delivery is the deal
maker/breaker
Consumers tend to be unforgiving of a bad
delivery experience. This leaves retailers
with one chance to make a first impression.
56% will not shop with a
retailer again following an
unsatisfactory delivery.
77% of shoppers want their
purchases delivered directly
to their homes.
Just 11% are willing to pick up
purchases instore. And only the
same number are happy to use
contactless options like locker or
curbside pick-up).
IMPERATIVES FOR DELIVERY
Enhance analytics capabilities to
measure delivery performance
and identify opportunities to
further increase efficiency
Prepare for multiple ‘peaks’
even beyond the holiday
season (as gift cards are
redeemed)
Incentivize off-peak deliveries
with differentiated pricing
options
01
02
03
Everyday is “prime” day
Retailers will offer holiday deals early and for
longer as consumers seek to beat the rush.
30% will start shopping earlier
for fear of not getting what they
want in time.
Consumers are no longer
waiting for special days to shop -
45% are less inclined to shop as
they believe they can get equally
good discounts on other days.
Customers may gift and be gifted
e-cards/ gift certificates that will be
redeemed post the holiday season –
23% plan to buy more gift cards than
last year.
Appendix:
Select survey
findings
Clear shift in favor of online shopping
Q. Has Covid-19 changed your online buying behavior?
People are scared to physically shop from shops for fear of getting infected. More and more people are
resorting to online shopping. The demand is driven by urban neighborhoods of big cities.
Big city: suburban
areas
Big city:
urban areas
Rural area
Small/medium
town
Returned shipping costs perceived too high
Q. What poses the biggest challenge when trying to return an item you ordered online?
Consumers want fast and free shipping
Q. When shopping online, which one of the following is closest to your delivery expectations?
Majority get at least one (online purchase)
delivery every week
Q. On average, how many deliveries of online purchases do you get per week?
Customers don’t forget or forgive
unsatisfactory experiences
Q. When you have an unsatisfactory experience, how likely are you to shop with that retailer again?
Most people want their orders home delivered
Q. When buying online, what is your preferred method to receive the item?
Flexible, contactless delivery and commitment
to environment and sustainability important
parameters of choice
Q. Consumers will prefer to shop with those who offer the following
Rise of the ‘conscious consumer’
Q. Thinking about how you live and shop today, do you do any of the following?
Contact us for
more insights
Robert B. Buhler Andre Pharand
It's time to reinvent the delivery experience.
Read more here.
About Accenture
Accenture is a global professional services
company with leading capabilities in digital,
cloud and security. Combining unmatched
experience and specialized skills across more
than 40 industries, we offer Strategy and
Consulting, Interactive, Technology and
Operations services—all powered by the
world’s largest network of Advanced
Technology and Intelligent Operations
centers. Our 506,000 people deliver on the
promise of technology and human ingenuity
every day, serving clients in more than 120
countries. We embrace the power of change
to create value and shared success for our
clients, people, shareholders, partners and
communities.
Visit us at www.accenture.com.
robert.b.buhler@accenture.com andre.pharand@accenture.com
/brodybuhler /andre-pharand
Thank You

Más contenido relacionado

La actualidad más candente

Digital Shopping Behavior in an Internet of Everything World
Digital Shopping Behavior in an Internet of Everything WorldDigital Shopping Behavior in an Internet of Everything World
Digital Shopping Behavior in an Internet of Everything WorldCisco Consulting Services
 
Optimizing the Content Supply Chain: What Manufacturing Can Teach the Broadca...
Optimizing the Content Supply Chain: What Manufacturing Can Teach the Broadca...Optimizing the Content Supply Chain: What Manufacturing Can Teach the Broadca...
Optimizing the Content Supply Chain: What Manufacturing Can Teach the Broadca...Cognizant
 
Accenture global-consumer-pulse-research-study-2013-key-findings-131217014256...
Accenture global-consumer-pulse-research-study-2013-key-findings-131217014256...Accenture global-consumer-pulse-research-study-2013-key-findings-131217014256...
Accenture global-consumer-pulse-research-study-2013-key-findings-131217014256...ruttens.com
 
McKinsey Survey: UK B2B decision maker response to COVID-19 crisis
McKinsey Survey: UK B2B decision maker response to COVID-19 crisisMcKinsey Survey: UK B2B decision maker response to COVID-19 crisis
McKinsey Survey: UK B2B decision maker response to COVID-19 crisisMcKinsey on Marketing & Sales
 
How Can Retailers Walk the Tight rope Between Personalization and Privacy?
How Can Retailers Walk the Tight rope Between Personalization and Privacy?How Can Retailers Walk the Tight rope Between Personalization and Privacy?
How Can Retailers Walk the Tight rope Between Personalization and Privacy?Capgemini
 
A New Generation of Digital Health Customers by Alain Peddle
A New Generation of Digital Health Customers by Alain PeddleA New Generation of Digital Health Customers by Alain Peddle
A New Generation of Digital Health Customers by Alain PeddleThe Digital Insurer
 
Digital Innovations in Asia by Mark Inkster
Digital Innovations in Asia by Mark InksterDigital Innovations in Asia by Mark Inkster
Digital Innovations in Asia by Mark InksterThe Digital Insurer
 
Wearable Technology - 2014 Facts From Pwc
Wearable Technology - 2014 Facts From PwcWearable Technology - 2014 Facts From Pwc
Wearable Technology - 2014 Facts From PwcBryan K. O'Rourke
 
Capgemini Consulting - Fashion transformation
Capgemini Consulting - Fashion transformationCapgemini Consulting - Fashion transformation
Capgemini Consulting - Fashion transformationSamir Selimi
 
Coming to Terms with Insurance Aggregators: Global lessons for carriers
Coming to Terms with Insurance Aggregators: Global lessons for carriersComing to Terms with Insurance Aggregators: Global lessons for carriers
Coming to Terms with Insurance Aggregators: Global lessons for carriersAccenture Insurance
 
Marketing to a Segment of One
Marketing to a Segment of OneMarketing to a Segment of One
Marketing to a Segment of OneVivastream
 
Digital thinking to transform insurance in Asia by Hugh Terry
Digital thinking to transform insurance in Asia by Hugh TerryDigital thinking to transform insurance in Asia by Hugh Terry
Digital thinking to transform insurance in Asia by Hugh TerryThe Digital Insurer
 
Trends from the New Energy Consumer: Getting Instant Everything from Energy P...
Trends from the New Energy Consumer: Getting Instant Everything from Energy P...Trends from the New Energy Consumer: Getting Instant Everything from Energy P...
Trends from the New Energy Consumer: Getting Instant Everything from Energy P...accenture
 
Why Digital Holds the Key for Telcos
Why Digital Holds the Key for TelcosWhy Digital Holds the Key for Telcos
Why Digital Holds the Key for TelcosCapgemini
 
1033 Always on Trade_Report_FA_DIGITAL.PDF
1033 Always on Trade_Report_FA_DIGITAL.PDF1033 Always on Trade_Report_FA_DIGITAL.PDF
1033 Always on Trade_Report_FA_DIGITAL.PDFPenny Blake
 
Rethinking the Value Chain: New Realities in Collaborative Business
 Rethinking the Value Chain: New Realities in Collaborative Business Rethinking the Value Chain: New Realities in Collaborative Business
Rethinking the Value Chain: New Realities in Collaborative BusinessCapgemini
 
Kees Jacobs presentation on Innoday
Kees Jacobs presentation on InnodayKees Jacobs presentation on Innoday
Kees Jacobs presentation on InnodayCapgemini
 
Digital Healthcare Trends 2021
Digital Healthcare Trends 2021 Digital Healthcare Trends 2021
Digital Healthcare Trends 2021 Orbital Media
 

La actualidad más candente (20)

Digital Shopping Behavior in an Internet of Everything World
Digital Shopping Behavior in an Internet of Everything WorldDigital Shopping Behavior in an Internet of Everything World
Digital Shopping Behavior in an Internet of Everything World
 
Optimizing the Content Supply Chain: What Manufacturing Can Teach the Broadca...
Optimizing the Content Supply Chain: What Manufacturing Can Teach the Broadca...Optimizing the Content Supply Chain: What Manufacturing Can Teach the Broadca...
Optimizing the Content Supply Chain: What Manufacturing Can Teach the Broadca...
 
Accenture global-consumer-pulse-research-study-2013-key-findings-131217014256...
Accenture global-consumer-pulse-research-study-2013-key-findings-131217014256...Accenture global-consumer-pulse-research-study-2013-key-findings-131217014256...
Accenture global-consumer-pulse-research-study-2013-key-findings-131217014256...
 
McKinsey Survey: UK B2B decision maker response to COVID-19 crisis
McKinsey Survey: UK B2B decision maker response to COVID-19 crisisMcKinsey Survey: UK B2B decision maker response to COVID-19 crisis
McKinsey Survey: UK B2B decision maker response to COVID-19 crisis
 
How Can Retailers Walk the Tight rope Between Personalization and Privacy?
How Can Retailers Walk the Tight rope Between Personalization and Privacy?How Can Retailers Walk the Tight rope Between Personalization and Privacy?
How Can Retailers Walk the Tight rope Between Personalization and Privacy?
 
A New Generation of Digital Health Customers by Alain Peddle
A New Generation of Digital Health Customers by Alain PeddleA New Generation of Digital Health Customers by Alain Peddle
A New Generation of Digital Health Customers by Alain Peddle
 
Digital Innovations in Asia by Mark Inkster
Digital Innovations in Asia by Mark InksterDigital Innovations in Asia by Mark Inkster
Digital Innovations in Asia by Mark Inkster
 
Wearable Technology - 2014 Facts From Pwc
Wearable Technology - 2014 Facts From PwcWearable Technology - 2014 Facts From Pwc
Wearable Technology - 2014 Facts From Pwc
 
Capgemini Consulting - Fashion transformation
Capgemini Consulting - Fashion transformationCapgemini Consulting - Fashion transformation
Capgemini Consulting - Fashion transformation
 
Coming to Terms with Insurance Aggregators: Global lessons for carriers
Coming to Terms with Insurance Aggregators: Global lessons for carriersComing to Terms with Insurance Aggregators: Global lessons for carriers
Coming to Terms with Insurance Aggregators: Global lessons for carriers
 
Marketing to a Segment of One
Marketing to a Segment of OneMarketing to a Segment of One
Marketing to a Segment of One
 
Digital thinking to transform insurance in Asia by Hugh Terry
Digital thinking to transform insurance in Asia by Hugh TerryDigital thinking to transform insurance in Asia by Hugh Terry
Digital thinking to transform insurance in Asia by Hugh Terry
 
Trends from the New Energy Consumer: Getting Instant Everything from Energy P...
Trends from the New Energy Consumer: Getting Instant Everything from Energy P...Trends from the New Energy Consumer: Getting Instant Everything from Energy P...
Trends from the New Energy Consumer: Getting Instant Everything from Energy P...
 
Why Digital Holds the Key for Telcos
Why Digital Holds the Key for TelcosWhy Digital Holds the Key for Telcos
Why Digital Holds the Key for Telcos
 
Future Value Chain_2022
Future Value Chain_2022Future Value Chain_2022
Future Value Chain_2022
 
1033 Always on Trade_Report_FA_DIGITAL.PDF
1033 Always on Trade_Report_FA_DIGITAL.PDF1033 Always on Trade_Report_FA_DIGITAL.PDF
1033 Always on Trade_Report_FA_DIGITAL.PDF
 
Rethinking the Value Chain: New Realities in Collaborative Business
 Rethinking the Value Chain: New Realities in Collaborative Business Rethinking the Value Chain: New Realities in Collaborative Business
Rethinking the Value Chain: New Realities in Collaborative Business
 
Kees Jacobs presentation on Innoday
Kees Jacobs presentation on InnodayKees Jacobs presentation on Innoday
Kees Jacobs presentation on Innoday
 
Digital Disruption of the Insurance sector
Digital Disruption of the Insurance sectorDigital Disruption of the Insurance sector
Digital Disruption of the Insurance sector
 
Digital Healthcare Trends 2021
Digital Healthcare Trends 2021 Digital Healthcare Trends 2021
Digital Healthcare Trends 2021
 

Similar a 2020 US Holiday Shopping Research

What makes shoppers buy? Ecommerce Survey 2014
What makes shoppers buy? Ecommerce Survey 2014What makes shoppers buy? Ecommerce Survey 2014
What makes shoppers buy? Ecommerce Survey 2014Madalina Balaban
 
2016 Holiday SurveyRinging in the retail 2016 Holida.docx
2016 Holiday SurveyRinging in the retail 2016 Holida.docx2016 Holiday SurveyRinging in the retail 2016 Holida.docx
2016 Holiday SurveyRinging in the retail 2016 Holida.docxfelicidaddinwoodie
 
Experian Holiday Shopping Survey, 2014
Experian Holiday Shopping Survey, 2014Experian Holiday Shopping Survey, 2014
Experian Holiday Shopping Survey, 2014Experian_US
 
Canada Post 2013 eshopper white paper
Canada Post 2013 eshopper white paper Canada Post 2013 eshopper white paper
Canada Post 2013 eshopper white paper Rodrigo Padilla
 
Narvar_State of Post Purchase Experience_January 2017
Narvar_State of Post Purchase Experience_January 2017Narvar_State of Post Purchase Experience_January 2017
Narvar_State of Post Purchase Experience_January 2017Harsh Jawharkar
 
Neto State of Ecommerce Report: Retail Year in Review 2017
Neto State of Ecommerce Report: Retail Year in Review 2017Neto State of Ecommerce Report: Retail Year in Review 2017
Neto State of Ecommerce Report: Retail Year in Review 2017Neto
 
Individual Primary Data Project
Individual Primary Data ProjectIndividual Primary Data Project
Individual Primary Data ProjectEllie Long
 
Making spirits bright: Deloitte’s 2014 holiday shopping survey
Making spirits bright: Deloitte’s 2014 holiday shopping surveyMaking spirits bright: Deloitte’s 2014 holiday shopping survey
Making spirits bright: Deloitte’s 2014 holiday shopping surveyDeloitte United States
 
Retail Renaissance
Retail RenaissanceRetail Renaissance
Retail RenaissanceRohit Yadav
 
IRIS_Digital Landscape Proposal_Apr, 2016_1.ppt
IRIS_Digital Landscape Proposal_Apr, 2016_1.pptIRIS_Digital Landscape Proposal_Apr, 2016_1.ppt
IRIS_Digital Landscape Proposal_Apr, 2016_1.ppt1mediakreasi
 
SJC 2013 Omni-channel insight report
SJC 2013 Omni-channel insight reportSJC 2013 Omni-channel insight report
SJC 2013 Omni-channel insight reportMarcos Terenzio
 
Canada Post - Runway to Growth in Canada
Canada Post - Runway to Growth in CanadaCanada Post - Runway to Growth in Canada
Canada Post - Runway to Growth in CanadaAndreas Schwartz
 
Saving the High Street Report 2015 - UK
Saving the High Street Report 2015 - UKSaving the High Street Report 2015 - UK
Saving the High Street Report 2015 - UKSam Wheway
 
The connected shopper. Fallacy fad or reality?
 The connected shopper. Fallacy fad or reality? The connected shopper. Fallacy fad or reality?
The connected shopper. Fallacy fad or reality?Simon Etchells
 
paypal_cross-border_trade_china_whitepaper_nielsen_july_2015_final
paypal_cross-border_trade_china_whitepaper_nielsen_july_2015_finalpaypal_cross-border_trade_china_whitepaper_nielsen_july_2015_final
paypal_cross-border_trade_china_whitepaper_nielsen_july_2015_finalElizabeth Marshall
 
The age of experience: A report by 451 Research and Adyen
The age of experience: A report by 451 Research and AdyenThe age of experience: A report by 451 Research and Adyen
The age of experience: A report by 451 Research and AdyenAdyen
 
How Seamless are You? retail research findings
How Seamless are You? retail research findingsHow Seamless are You? retail research findings
How Seamless are You? retail research findingsBertrand Jonquois
 
Unwrapping the 2016 Holiday Shopper
Unwrapping the 2016 Holiday ShopperUnwrapping the 2016 Holiday Shopper
Unwrapping the 2016 Holiday ShopperSignal
 
Insights from Google for Vietnam mar2016
Insights from Google for Vietnam mar2016Insights from Google for Vietnam mar2016
Insights from Google for Vietnam mar2016Vinh Nguyen
 

Similar a 2020 US Holiday Shopping Research (20)

What makes shoppers buy? Ecommerce Survey 2014
What makes shoppers buy? Ecommerce Survey 2014What makes shoppers buy? Ecommerce Survey 2014
What makes shoppers buy? Ecommerce Survey 2014
 
2016 Holiday SurveyRinging in the retail 2016 Holida.docx
2016 Holiday SurveyRinging in the retail 2016 Holida.docx2016 Holiday SurveyRinging in the retail 2016 Holida.docx
2016 Holiday SurveyRinging in the retail 2016 Holida.docx
 
Experian Holiday Shopping Survey, 2014
Experian Holiday Shopping Survey, 2014Experian Holiday Shopping Survey, 2014
Experian Holiday Shopping Survey, 2014
 
Canada Post 2013 eshopper white paper
Canada Post 2013 eshopper white paper Canada Post 2013 eshopper white paper
Canada Post 2013 eshopper white paper
 
Narvar_State of Post Purchase Experience_January 2017
Narvar_State of Post Purchase Experience_January 2017Narvar_State of Post Purchase Experience_January 2017
Narvar_State of Post Purchase Experience_January 2017
 
Neto State of Ecommerce Report: Retail Year in Review 2017
Neto State of Ecommerce Report: Retail Year in Review 2017Neto State of Ecommerce Report: Retail Year in Review 2017
Neto State of Ecommerce Report: Retail Year in Review 2017
 
Individual Primary Data Project
Individual Primary Data ProjectIndividual Primary Data Project
Individual Primary Data Project
 
Making spirits bright: Deloitte’s 2014 holiday shopping survey
Making spirits bright: Deloitte’s 2014 holiday shopping surveyMaking spirits bright: Deloitte’s 2014 holiday shopping survey
Making spirits bright: Deloitte’s 2014 holiday shopping survey
 
Retail Renaissance
Retail RenaissanceRetail Renaissance
Retail Renaissance
 
IRIS_Digital Landscape Proposal_Apr, 2016_1.ppt
IRIS_Digital Landscape Proposal_Apr, 2016_1.pptIRIS_Digital Landscape Proposal_Apr, 2016_1.ppt
IRIS_Digital Landscape Proposal_Apr, 2016_1.ppt
 
Online Consumer Shopping Habits
Online Consumer Shopping HabitsOnline Consumer Shopping Habits
Online Consumer Shopping Habits
 
SJC 2013 Omni-channel insight report
SJC 2013 Omni-channel insight reportSJC 2013 Omni-channel insight report
SJC 2013 Omni-channel insight report
 
Canada Post - Runway to Growth in Canada
Canada Post - Runway to Growth in CanadaCanada Post - Runway to Growth in Canada
Canada Post - Runway to Growth in Canada
 
Saving the High Street Report 2015 - UK
Saving the High Street Report 2015 - UKSaving the High Street Report 2015 - UK
Saving the High Street Report 2015 - UK
 
The connected shopper. Fallacy fad or reality?
 The connected shopper. Fallacy fad or reality? The connected shopper. Fallacy fad or reality?
The connected shopper. Fallacy fad or reality?
 
paypal_cross-border_trade_china_whitepaper_nielsen_july_2015_final
paypal_cross-border_trade_china_whitepaper_nielsen_july_2015_finalpaypal_cross-border_trade_china_whitepaper_nielsen_july_2015_final
paypal_cross-border_trade_china_whitepaper_nielsen_july_2015_final
 
The age of experience: A report by 451 Research and Adyen
The age of experience: A report by 451 Research and AdyenThe age of experience: A report by 451 Research and Adyen
The age of experience: A report by 451 Research and Adyen
 
How Seamless are You? retail research findings
How Seamless are You? retail research findingsHow Seamless are You? retail research findings
How Seamless are You? retail research findings
 
Unwrapping the 2016 Holiday Shopper
Unwrapping the 2016 Holiday ShopperUnwrapping the 2016 Holiday Shopper
Unwrapping the 2016 Holiday Shopper
 
Insights from Google for Vietnam mar2016
Insights from Google for Vietnam mar2016Insights from Google for Vietnam mar2016
Insights from Google for Vietnam mar2016
 

Más de accenture

The Industrialist: Trends & Innovations - January 2024
The Industrialist: Trends & Innovations - January 2024The Industrialist: Trends & Innovations - January 2024
The Industrialist: Trends & Innovations - January 2024accenture
 
The Industrialist: Trends & Innovations - September 2023
The Industrialist: Trends & Innovations - September 2023The Industrialist: Trends & Innovations - September 2023
The Industrialist: Trends & Innovations - September 2023accenture
 
Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education accenture
 
The Industrialist: Trends & Innovations - July 2023
The Industrialist: Trends & Innovations - July 2023The Industrialist: Trends & Innovations - July 2023
The Industrialist: Trends & Innovations - July 2023accenture
 
Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education accenture
 
Engineering Services: con gli ingegneri per creare valore sostenibile
Engineering Services: con gli ingegneri per creare valore sostenibileEngineering Services: con gli ingegneri per creare valore sostenibile
Engineering Services: con gli ingegneri per creare valore sostenibileaccenture
 
Digital Euro: Implications for the Financial System
Digital Euro: Implications for the Financial SystemDigital Euro: Implications for the Financial System
Digital Euro: Implications for the Financial Systemaccenture
 
More deals, less money: the Black founder funding journey
More deals, less money: the Black founder funding journeyMore deals, less money: the Black founder funding journey
More deals, less money: the Black founder funding journeyaccenture
 
The Industrialist: Trends & Innovations - June 2023
The Industrialist: Trends & Innovations - June 2023The Industrialist: Trends & Innovations - June 2023
The Industrialist: Trends & Innovations - June 2023accenture
 
Reinventing Enterprise Operations
Reinventing Enterprise OperationsReinventing Enterprise Operations
Reinventing Enterprise Operationsaccenture
 
Semiconductor Gender Parity Study
Semiconductor Gender Parity StudySemiconductor Gender Parity Study
Semiconductor Gender Parity Studyaccenture
 
The Industrialist: Trends & Innovations - March 2023
The Industrialist: Trends & Innovations - March 2023The Industrialist: Trends & Innovations - March 2023
The Industrialist: Trends & Innovations - March 2023accenture
 
Nonprofit reinvention in a time of unprecedented change
 Nonprofit reinvention in a time of unprecedented change Nonprofit reinvention in a time of unprecedented change
Nonprofit reinvention in a time of unprecedented changeaccenture
 
Free to be 100% me
Free to be 100% meFree to be 100% me
Free to be 100% meaccenture
 
The Industrialist: Trends & Innovations - February 2023
The Industrialist: Trends & Innovations - February 2023The Industrialist: Trends & Innovations - February 2023
The Industrialist: Trends & Innovations - February 2023accenture
 
Mundo gamer e a oportunidade de entrada pela abordagem do movimento
Mundo gamer e a oportunidade de entrada pela abordagem do movimentoMundo gamer e a oportunidade de entrada pela abordagem do movimento
Mundo gamer e a oportunidade de entrada pela abordagem do movimentoaccenture
 
Pathways to Profitability for the Communications Industry
Pathways to Profitability for the Communications IndustryPathways to Profitability for the Communications Industry
Pathways to Profitability for the Communications Industryaccenture
 
The Industrialist: Trends & Innovations - January 2023
The Industrialist: Trends & Innovations - January 2023The Industrialist: Trends & Innovations - January 2023
The Industrialist: Trends & Innovations - January 2023accenture
 
Reimagining the Agenda | Accenture
Reimagining the Agenda | AccentureReimagining the Agenda | Accenture
Reimagining the Agenda | Accentureaccenture
 
Climate Leadership Eleventh Hour | Accenture
Climate Leadership Eleventh Hour | AccentureClimate Leadership Eleventh Hour | Accenture
Climate Leadership Eleventh Hour | Accentureaccenture
 

Más de accenture (20)

The Industrialist: Trends & Innovations - January 2024
The Industrialist: Trends & Innovations - January 2024The Industrialist: Trends & Innovations - January 2024
The Industrialist: Trends & Innovations - January 2024
 
The Industrialist: Trends & Innovations - September 2023
The Industrialist: Trends & Innovations - September 2023The Industrialist: Trends & Innovations - September 2023
The Industrialist: Trends & Innovations - September 2023
 
Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education
 
The Industrialist: Trends & Innovations - July 2023
The Industrialist: Trends & Innovations - July 2023The Industrialist: Trends & Innovations - July 2023
The Industrialist: Trends & Innovations - July 2023
 
Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education
 
Engineering Services: con gli ingegneri per creare valore sostenibile
Engineering Services: con gli ingegneri per creare valore sostenibileEngineering Services: con gli ingegneri per creare valore sostenibile
Engineering Services: con gli ingegneri per creare valore sostenibile
 
Digital Euro: Implications for the Financial System
Digital Euro: Implications for the Financial SystemDigital Euro: Implications for the Financial System
Digital Euro: Implications for the Financial System
 
More deals, less money: the Black founder funding journey
More deals, less money: the Black founder funding journeyMore deals, less money: the Black founder funding journey
More deals, less money: the Black founder funding journey
 
The Industrialist: Trends & Innovations - June 2023
The Industrialist: Trends & Innovations - June 2023The Industrialist: Trends & Innovations - June 2023
The Industrialist: Trends & Innovations - June 2023
 
Reinventing Enterprise Operations
Reinventing Enterprise OperationsReinventing Enterprise Operations
Reinventing Enterprise Operations
 
Semiconductor Gender Parity Study
Semiconductor Gender Parity StudySemiconductor Gender Parity Study
Semiconductor Gender Parity Study
 
The Industrialist: Trends & Innovations - March 2023
The Industrialist: Trends & Innovations - March 2023The Industrialist: Trends & Innovations - March 2023
The Industrialist: Trends & Innovations - March 2023
 
Nonprofit reinvention in a time of unprecedented change
 Nonprofit reinvention in a time of unprecedented change Nonprofit reinvention in a time of unprecedented change
Nonprofit reinvention in a time of unprecedented change
 
Free to be 100% me
Free to be 100% meFree to be 100% me
Free to be 100% me
 
The Industrialist: Trends & Innovations - February 2023
The Industrialist: Trends & Innovations - February 2023The Industrialist: Trends & Innovations - February 2023
The Industrialist: Trends & Innovations - February 2023
 
Mundo gamer e a oportunidade de entrada pela abordagem do movimento
Mundo gamer e a oportunidade de entrada pela abordagem do movimentoMundo gamer e a oportunidade de entrada pela abordagem do movimento
Mundo gamer e a oportunidade de entrada pela abordagem do movimento
 
Pathways to Profitability for the Communications Industry
Pathways to Profitability for the Communications IndustryPathways to Profitability for the Communications Industry
Pathways to Profitability for the Communications Industry
 
The Industrialist: Trends & Innovations - January 2023
The Industrialist: Trends & Innovations - January 2023The Industrialist: Trends & Innovations - January 2023
The Industrialist: Trends & Innovations - January 2023
 
Reimagining the Agenda | Accenture
Reimagining the Agenda | AccentureReimagining the Agenda | Accenture
Reimagining the Agenda | Accenture
 
Climate Leadership Eleventh Hour | Accenture
Climate Leadership Eleventh Hour | AccentureClimate Leadership Eleventh Hour | Accenture
Climate Leadership Eleventh Hour | Accenture
 

Último

What's New in Teams Calling, Meetings and Devices March 2024
What's New in Teams Calling, Meetings and Devices March 2024What's New in Teams Calling, Meetings and Devices March 2024
What's New in Teams Calling, Meetings and Devices March 2024Stephanie Beckett
 
Take control of your SAP testing with UiPath Test Suite
Take control of your SAP testing with UiPath Test SuiteTake control of your SAP testing with UiPath Test Suite
Take control of your SAP testing with UiPath Test SuiteDianaGray10
 
Generative AI for Technical Writer or Information Developers
Generative AI for Technical Writer or Information DevelopersGenerative AI for Technical Writer or Information Developers
Generative AI for Technical Writer or Information DevelopersRaghuram Pandurangan
 
WordPress Websites for Engineers: Elevate Your Brand
WordPress Websites for Engineers: Elevate Your BrandWordPress Websites for Engineers: Elevate Your Brand
WordPress Websites for Engineers: Elevate Your Brandgvaughan
 
SIP trunking in Janus @ Kamailio World 2024
SIP trunking in Janus @ Kamailio World 2024SIP trunking in Janus @ Kamailio World 2024
SIP trunking in Janus @ Kamailio World 2024Lorenzo Miniero
 
Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)
Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)
Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)Mark Simos
 
Unraveling Multimodality with Large Language Models.pdf
Unraveling Multimodality with Large Language Models.pdfUnraveling Multimodality with Large Language Models.pdf
Unraveling Multimodality with Large Language Models.pdfAlex Barbosa Coqueiro
 
A Deep Dive on Passkeys: FIDO Paris Seminar.pptx
A Deep Dive on Passkeys: FIDO Paris Seminar.pptxA Deep Dive on Passkeys: FIDO Paris Seminar.pptx
A Deep Dive on Passkeys: FIDO Paris Seminar.pptxLoriGlavin3
 
Advanced Computer Architecture – An Introduction
Advanced Computer Architecture – An IntroductionAdvanced Computer Architecture – An Introduction
Advanced Computer Architecture – An IntroductionDilum Bandara
 
What is DBT - The Ultimate Data Build Tool.pdf
What is DBT - The Ultimate Data Build Tool.pdfWhat is DBT - The Ultimate Data Build Tool.pdf
What is DBT - The Ultimate Data Build Tool.pdfMounikaPolabathina
 
TrustArc Webinar - How to Build Consumer Trust Through Data Privacy
TrustArc Webinar - How to Build Consumer Trust Through Data PrivacyTrustArc Webinar - How to Build Consumer Trust Through Data Privacy
TrustArc Webinar - How to Build Consumer Trust Through Data PrivacyTrustArc
 
Use of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptx
Use of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptxUse of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptx
Use of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptxLoriGlavin3
 
Ensuring Technical Readiness For Copilot in Microsoft 365
Ensuring Technical Readiness For Copilot in Microsoft 365Ensuring Technical Readiness For Copilot in Microsoft 365
Ensuring Technical Readiness For Copilot in Microsoft 3652toLead Limited
 
From Family Reminiscence to Scholarly Archive .
From Family Reminiscence to Scholarly Archive .From Family Reminiscence to Scholarly Archive .
From Family Reminiscence to Scholarly Archive .Alan Dix
 
The Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptx
The Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptxThe Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptx
The Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptxLoriGlavin3
 
Developer Data Modeling Mistakes: From Postgres to NoSQL
Developer Data Modeling Mistakes: From Postgres to NoSQLDeveloper Data Modeling Mistakes: From Postgres to NoSQL
Developer Data Modeling Mistakes: From Postgres to NoSQLScyllaDB
 
"ML in Production",Oleksandr Bagan
"ML in Production",Oleksandr Bagan"ML in Production",Oleksandr Bagan
"ML in Production",Oleksandr BaganFwdays
 
Commit 2024 - Secret Management made easy
Commit 2024 - Secret Management made easyCommit 2024 - Secret Management made easy
Commit 2024 - Secret Management made easyAlfredo García Lavilla
 
Gen AI in Business - Global Trends Report 2024.pdf
Gen AI in Business - Global Trends Report 2024.pdfGen AI in Business - Global Trends Report 2024.pdf
Gen AI in Business - Global Trends Report 2024.pdfAddepto
 

Último (20)

What's New in Teams Calling, Meetings and Devices March 2024
What's New in Teams Calling, Meetings and Devices March 2024What's New in Teams Calling, Meetings and Devices March 2024
What's New in Teams Calling, Meetings and Devices March 2024
 
Take control of your SAP testing with UiPath Test Suite
Take control of your SAP testing with UiPath Test SuiteTake control of your SAP testing with UiPath Test Suite
Take control of your SAP testing with UiPath Test Suite
 
Generative AI for Technical Writer or Information Developers
Generative AI for Technical Writer or Information DevelopersGenerative AI for Technical Writer or Information Developers
Generative AI for Technical Writer or Information Developers
 
WordPress Websites for Engineers: Elevate Your Brand
WordPress Websites for Engineers: Elevate Your BrandWordPress Websites for Engineers: Elevate Your Brand
WordPress Websites for Engineers: Elevate Your Brand
 
SIP trunking in Janus @ Kamailio World 2024
SIP trunking in Janus @ Kamailio World 2024SIP trunking in Janus @ Kamailio World 2024
SIP trunking in Janus @ Kamailio World 2024
 
Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)
Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)
Tampa BSides - Chef's Tour of Microsoft Security Adoption Framework (SAF)
 
DMCC Future of Trade Web3 - Special Edition
DMCC Future of Trade Web3 - Special EditionDMCC Future of Trade Web3 - Special Edition
DMCC Future of Trade Web3 - Special Edition
 
Unraveling Multimodality with Large Language Models.pdf
Unraveling Multimodality with Large Language Models.pdfUnraveling Multimodality with Large Language Models.pdf
Unraveling Multimodality with Large Language Models.pdf
 
A Deep Dive on Passkeys: FIDO Paris Seminar.pptx
A Deep Dive on Passkeys: FIDO Paris Seminar.pptxA Deep Dive on Passkeys: FIDO Paris Seminar.pptx
A Deep Dive on Passkeys: FIDO Paris Seminar.pptx
 
Advanced Computer Architecture – An Introduction
Advanced Computer Architecture – An IntroductionAdvanced Computer Architecture – An Introduction
Advanced Computer Architecture – An Introduction
 
What is DBT - The Ultimate Data Build Tool.pdf
What is DBT - The Ultimate Data Build Tool.pdfWhat is DBT - The Ultimate Data Build Tool.pdf
What is DBT - The Ultimate Data Build Tool.pdf
 
TrustArc Webinar - How to Build Consumer Trust Through Data Privacy
TrustArc Webinar - How to Build Consumer Trust Through Data PrivacyTrustArc Webinar - How to Build Consumer Trust Through Data Privacy
TrustArc Webinar - How to Build Consumer Trust Through Data Privacy
 
Use of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptx
Use of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptxUse of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptx
Use of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptx
 
Ensuring Technical Readiness For Copilot in Microsoft 365
Ensuring Technical Readiness For Copilot in Microsoft 365Ensuring Technical Readiness For Copilot in Microsoft 365
Ensuring Technical Readiness For Copilot in Microsoft 365
 
From Family Reminiscence to Scholarly Archive .
From Family Reminiscence to Scholarly Archive .From Family Reminiscence to Scholarly Archive .
From Family Reminiscence to Scholarly Archive .
 
The Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptx
The Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptxThe Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptx
The Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptx
 
Developer Data Modeling Mistakes: From Postgres to NoSQL
Developer Data Modeling Mistakes: From Postgres to NoSQLDeveloper Data Modeling Mistakes: From Postgres to NoSQL
Developer Data Modeling Mistakes: From Postgres to NoSQL
 
"ML in Production",Oleksandr Bagan
"ML in Production",Oleksandr Bagan"ML in Production",Oleksandr Bagan
"ML in Production",Oleksandr Bagan
 
Commit 2024 - Secret Management made easy
Commit 2024 - Secret Management made easyCommit 2024 - Secret Management made easy
Commit 2024 - Secret Management made easy
 
Gen AI in Business - Global Trends Report 2024.pdf
Gen AI in Business - Global Trends Report 2024.pdfGen AI in Business - Global Trends Report 2024.pdf
Gen AI in Business - Global Trends Report 2024.pdf
 

2020 US Holiday Shopping Research

  • 1. 2020 US holiday shopping research Implications for Post and Parcel organizations October 2020
  • 2. Overview of findings Due to the COVID-19 pandemic, online shopping is on the rise Most people want home delivery of their purchases Shoppers want fast, flexible and inexpensive delivery options Consumers want to shop early this holiday season 75% of the respondents indicate they will be doing at least some of their shopping online this holiday season. 53% will buy more online to some extent or significantly while 12% will make all their purchases online. 40% want fast and free delivery while 18% are willing to pay reasonable shipping costs for personalized options. 20% indicate that return shipping are a big challenge. More than 80% want to shop with retailers who have flexible delivery and contactless delivery options. 30% will start shopping earlier for fear of not getting what they want in time. Many are not interested to shop on typical shopping/ discount days such as Black Friday, Cyber Monday, Thanksgiving day. Consumers may gift and be gifted e-cards/ gift certificates that will be redeemed post the holiday season. 77% prefer home delivery when shopping online. 50% get one to three deliveries of online purchases every week. 27% want to avoid using plastics while 18% want to opt for greener packaging for deliveries.
  • 4. IMPERATIVES FOR DELIVERY Integrate with retailers as they localize inventories and partner with delivery startups Stress test systems to prepare for increased load Augment delivery workforce and train them to meet increased safety and hygiene mandates 01 02 03 The digital shift continues The pandemic has fast-tracked the shift to online. This is visible across age groups and shopping categories. 75% will buy online (compared to 65% in 2019). 43% will shop exclusively online and 12% now buy everything they can online and actively avoid going into stores. About 50% get one to three deliveries of online purchases every week. New purchasing habits adopted during the pandemic are expected to continue. Increasing online sales for fashion and beauty retailers, department stores, electronics and homeware retailers.
  • 5. IMPERATIVES FOR DELIVERY Accelerate move towards automated micro-fulfilment centers Leverage Continuous Delivery to increase route density and reduce the cost of last-mile delivery Explore innovative pricing models as retailers seek to offset increase in delivery costs (and consumers are not always willing to pay) 01 02 03 Conscious consumers, expecting immediacy Fast and free delivery that is reliable and predictable is now expected, by default. 40% consumers expect fast and free delivery. Only 8% expect to have to wait for their items. 27% want to avoid using plastics while 18% want to opt for greener packaging for deliveries. 57% find green delivery preferable, and 48% are willing to pay for environmentally friendly delivery options (not only US, from October 2019 survey).
  • 6. IMPERATIVES FOR DELIVERY Enhance and communicate safe handling and contactless delivery of packages Reinforce real-time track and trace capabilities, delivery notifications, flexible delivery windows Ramp-up customer support (including bots) to address increased consumer queries 01 02 03 Delivery is the deal maker/breaker Consumers tend to be unforgiving of a bad delivery experience. This leaves retailers with one chance to make a first impression. 56% will not shop with a retailer again following an unsatisfactory delivery. 77% of shoppers want their purchases delivered directly to their homes. Just 11% are willing to pick up purchases instore. And only the same number are happy to use contactless options like locker or curbside pick-up).
  • 7. IMPERATIVES FOR DELIVERY Enhance analytics capabilities to measure delivery performance and identify opportunities to further increase efficiency Prepare for multiple ‘peaks’ even beyond the holiday season (as gift cards are redeemed) Incentivize off-peak deliveries with differentiated pricing options 01 02 03 Everyday is “prime” day Retailers will offer holiday deals early and for longer as consumers seek to beat the rush. 30% will start shopping earlier for fear of not getting what they want in time. Consumers are no longer waiting for special days to shop - 45% are less inclined to shop as they believe they can get equally good discounts on other days. Customers may gift and be gifted e-cards/ gift certificates that will be redeemed post the holiday season – 23% plan to buy more gift cards than last year.
  • 9. Clear shift in favor of online shopping Q. Has Covid-19 changed your online buying behavior? People are scared to physically shop from shops for fear of getting infected. More and more people are resorting to online shopping. The demand is driven by urban neighborhoods of big cities. Big city: suburban areas Big city: urban areas Rural area Small/medium town
  • 10. Returned shipping costs perceived too high Q. What poses the biggest challenge when trying to return an item you ordered online?
  • 11. Consumers want fast and free shipping Q. When shopping online, which one of the following is closest to your delivery expectations?
  • 12. Majority get at least one (online purchase) delivery every week Q. On average, how many deliveries of online purchases do you get per week?
  • 13. Customers don’t forget or forgive unsatisfactory experiences Q. When you have an unsatisfactory experience, how likely are you to shop with that retailer again?
  • 14. Most people want their orders home delivered Q. When buying online, what is your preferred method to receive the item?
  • 15. Flexible, contactless delivery and commitment to environment and sustainability important parameters of choice Q. Consumers will prefer to shop with those who offer the following
  • 16. Rise of the ‘conscious consumer’ Q. Thinking about how you live and shop today, do you do any of the following?
  • 17. Contact us for more insights Robert B. Buhler Andre Pharand It's time to reinvent the delivery experience. Read more here. About Accenture Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services—all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 506,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com. robert.b.buhler@accenture.com andre.pharand@accenture.com /brodybuhler /andre-pharand