WHY IT MATTERS: Digital Transformation
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WHY IT MATTERS: Digital Transformation
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Curated by Farid Mheir
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Ordering ahead using #mobile phone app leads to +30% in order value

Ordering ahead using #mobile phone app leads to +30% in order value | WHY IT MATTERS: Digital Transformation | Scoop.it

Mobile order-ahead refers to a consumer-facing mobile payment platform that allows customers to order food remotely, pay for the items on their phone, and pick up their order at a specific restaurant location.

Leading QSRs in the US are beginning to adopt these platforms at an accelerated pace and are benefiting from them. Taco Bell sees 30% higher average order values on mobile compared to in-store, and Starbucks' Mobile Order & Pay already represents 10% of total transactions at high-volume stores, directly contributing to increased company sales.

 

Farid Mheir's insight:

A report shows that letting customers order ahead using mobile apps converts to higher sales order value.

 

WHY THIS IS IMPORTANT

Retailer have invested in mobile apps in recent years mostly use them as marketing tools to notify customers of promotions, etc. With recent trends showing that customers download less and less apps to concentrate on a few well known ones (Facebook, etc.), retailer must find new ways to have their customers use their apps. Looks like if you allow customers to save time by pre-ordering their meal, it becomes a hot and customers spend more. Good to know.

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Worldwide Retail #Ecommerce Sales Will Reach $1.915 Trillion This Year via @@mfacchinetti

Worldwide Retail #Ecommerce Sales Will Reach $1.915 Trillion This Year via @@mfacchinetti | WHY IT MATTERS: Digital Transformation | Scoop.it

Retail ecommerce sales—which include products and services (barring travel, restaurant and event ticket sales) ordered via the internet over any device—will reach $1.915 trillion in 2016, accounting for 8.7% of total retail spending worldwide. While the pace of growth for overall retail sales is subdued, the digital portion of sales continues to expand rapidly, with a 23.7% growth rate forecast for 2016.

 


Via Jeff Domansky, massimo facchinetti
Farid Mheir's insight:

With the season of Black Friday, cyber Monday and xmas shopping, eCommerce trends are worth looking at. And the conclusion is clear: DO or DIE.

Jeff Domansky's curator insight, October 4, 2016 2:13 AM

Double-digit growth will continue through 2020, when sales will top $4 trillion.

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Ecommerce remains difficult because of $, IT & human pushback via @Econsultancy

Ecommerce remains difficult because of $, IT & human pushback via @Econsultancy | WHY IT MATTERS: Digital Transformation | Scoop.it
Ecommerce research, latest blog posts and training. Includes case studies, recommended reports, buyer's guides and supplier search.
Farid Mheir's insight:

A great blog on different elements regarding eCommerce, from strategies to solutions and statistics. Here, one post that identifies the issues that prevent ecommerce deployment.

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Curated by Farid Mheir
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