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The Store is Becoming…an App

Tech entrepreneur Marc Andreessen famously said that “software is eating the world”, and while this claim was made in 2011,
it is increasingly apt for retail today. We found that less than a third of consumers around the world prefer a store to an app,
and for many the two channels are at best equal. Increasingly, the mobile app is seen as more relevant. Consumers find mobile
apps more useful than stores for finding information about products and promotions (55% vs 41%), comparing products (54%
vs 46%) and providing feedback (53% vs 46%). There is also a strong disconnect between retail executives’ perception and
consumer sentiment: while 81% of retail executives see the store as important, this drops to 45% for consumers.

Figure 3: Usefulness of RetaUisleSfutlnoerses oafnRdetaAilpSptoroevaendr AapPp uovrecrhaaPsurechJaoseuJronuernyey

                           Receiving help and providing feedback                            53%                   App
                                      after purchasing the product                    46%                         Retail Store
                                       Tracking information on the
                                                 product's delivery                              59%
                                                Buying the product            36%
                                      Comparing products to help
                                                  make a decision                             55%
                                         Finding information about                              58%
                                          products and promotions
                                                                                             54%
Source: Capgemini Future of Retail Survey                                             46%

                                                                                              55%
                                                                                  41%

Figure 4: Usefulness of Store According to Consumers and Retail Executives

                        According to Consumers                                According to Retail Executives

81% 81% 83% 82% 80% 81%

                        58%

                   46%                                                                           46% 45%
41%                                                                           36%

Finding      Comparing  Buying the                                            Tracking product’s  After purchase  Usefulness of store
information  products   product                                               delivery            service         across shopping
                                                                                                                  journey

Source: Capgemini Future of Retail Store Survey
Source: Wall Street Journal, “Why Software is Eating the World”, August 2011

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