Make apps, e-tailing presence work harder

BS Reporter Mumbai
Last Updated : Dec 29 2014 | 2:55 AM IST
Getting digital consumers to commit to a long-term relationship is not easy. Digital media is transforming consumer's relationship with a brand through the stages of brand awareness, consideration, evaluation, purchase and use. Accenture recently surveyed 600 consumers in a report titled, Charming the digital consumer: Priorities for today's marketer, to understand their behaviour and relationship with a brand.

India has the second-largest mobile subscriber base and one of the fastest growing mobile Internet usage across the world. More than 50 per cent of the Internet traffic originates from smartphones - with SMS and apps dominating their usage. Accenture's survey shows that 41 per cent of consumers subscribe to SMS from a brand/company.

Apps offer value-added functionalities, and consumers get "hooked" to such convenience. Apps are also changing the way consumers shop.

To capture this rapidly exploding consumer base, marketers need to create specialised tools and consumer-centric apps, and invest in providing a world-class mobile platform. For example, bar-code scanning function in an e-commerce company's app for consumers to instantly find a product in front of them online.

The survey shows that 72 per cent consumers prefer e-tailers for online purchases, with only 28 per cent preferring company websites. E-tailers offer better deals and multibrand options, providing greater choice. They also offer product comparison.

Overall, 47 per cent consumers have made online purchases, spending 24 per cent of their total budget online, with the fashion and apparel category constituting 28 per cent.

The value-conscious Indian consumers seem to favour exclusive discounts or offers. Forty-five per cent consumers say that availability of discounts or offers are more important to them than the brand offered, while less than one-third consumers opt for brands. Twenty-four per cent are indifferent to either discounts or brand.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 28 2014 | 10:29 PM IST

Next Story