Online Shopping Trends
Report 2022
The eCommerce ecosystem has changed – in this report you will learn what your customers really want, allowing you to transform your digital business to compete in the new economy.
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Real insights into what your customers want
With people shopping online more than ever before, there are incredible opportunities for growth in the digital economy. Consumers have more choice, so it is important to understand their needs.
Worldline’s survey identified Convenience, Payment Options and Security as the three most important factors that shoppers look for when buying online. We outline the one factor that 91% of shoppers say is vital when deciding whether to buy online and the single mistake that would turn away 42% of your potential business.
This report was designed to give merchants actionable data on how their businesses needs to adapt to keep up with a changing world. One major take-away is that customers shopping habits are changing – they are buying more, using different payment methods and most fully expect more change to come.
Key findings
86% of respondents either started using or continued to use a digital wallet in the past months.
61% of online shoppers need to see security accreditation to feel safe.
54% like to use strong customer authentication like fingerprints or face ID.
40% of customers plan to use more subscription payment options in the future
With this in mind, we look at how companies can use innovative technology to reduce cart abandonment, make sure that their customers are able to pay with the methods they choose and cut down on fraud and chargebacks. Your customers are changing, and this report will highlight key areas where you can make improvements.