Retailers know full well there’s no magic formula for converting today’s empowered shopper into a purchaser. Whether it’s in-store or online, shoppers hold the upper hand. They expect the distinct benefits of both in-store and online options when making the decision where and when to buy. Retailers who incorporate the benefits of both options into an omnichannel strategy stand the best chance of potentially closing the sale.
Just what are those benefits? They’re revealed in the infographic below, which is based on data drawn from FTI Consulting’s 2016 Retail Outlook Report. The report, a survey among a sample of 1,500 adults in the U.S., looks at a number of shopping habits and preferences across key demographic groups and income ranges.