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Solving the conversion challenge

By Marco Wolters

Converting browsers into buyers is always in fashion

Our clients tell us that the biggest challenge facing them in fashion and non-food retailing today is conversion. Put simply, how do you convert a browser into a buyer? There’s competition coming from every angle and consumer spending isn’t growing, especially in mature markets. Here’s our point of view.

Challenge one: Keep visitors on your website

Regardless of whether you’re selling fashion or other non-food products online, if you have a website, you are a retailer. Your primary goal is to keep shoppers on your site, which provides the basis for a seamless customer journey. No matter if they are visiting your website to buy, research prices or check stock availability in the nearest store, the longer you keep shoppers’ eyeballs fixed on your website without them moving to your competitors’, the better your prospects of converting browsers into buyers.

Challenge two: Convert browsers in-store to buyers

It’s the same challenge in the physical shopping environment too. With competition for consumers’ discretionary spending so fierce, you won’t want to let people leave your store without them buying from you. If you don’t have the right size, color or style, you must help them to order it from your website. Provide tablets in-store to help customers order online. Offer Click & Collect and free delivery to facilitate that all important sale.

Click here to download our infographic

 

Challenge three: Understand the shopper journey

Today’s Connected Consumer shops in a hugely varied and complex way. If you can understand shopping behavior and journeys, you can maximize the path to purchase. Crucially, you can ensure your brand is present in “the moment of truth” when a purchase is made. The key to success here is your omnichannel strategy. It’s not enough to be on all channels, you must understand the types of consumer behavior that they evoke and flex the strengths of each to support your particular conversion patterns for all relevant shopper types.

Summary

We use behavioral data from the passive measurement of different channels to understand purchase journeys in order to maximize the omnichannel environment. Each brand journey is different, however, if you can understand why someone didn’t buy a jumper online, or why that person walked out of one store and straight into another to buy a similar item, you have the intelligence to crack shopper conversion. 

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