Omnichannel Retail and
Beyond: Delivering Superior
Customer Experiences
58% of consumers expect to do more online shopping after the pandemic than before. But there is still a place for the brick-and-mortar retail store, which now has to work even harder to drive loyalty and meet customers expectations.
Is the future of retail online? It may be, but there are a number of advantages to in-store shopping that are yet to be duplicated in the digital space, and many reasons why people still prefer to do their shopping in person. For example, consumers enjoy the ability to see, touch, and test out products before committing, and often find the gratification of instant ownership more appealing than waiting for items to arrive.
The true future of retail is a combination of online and in-store shopping, experienced seamlessly across multiple channels via whichever method the customer prefers. Thanks to omnichannel retail and the power of unified commerce, businesses are delivering that future to customers today.
What we will cover:
- What is the difference between omnichannel and unified commerce?
- Shoppers want a unified experience.
- A unified platform is the solution.
- Provide seamless experiences across every digital channel.
- Unified order management ensures customer satisfaction beyond the sale.
- Know your shoppers before they even enter the store.
- The right multi-channel ecommerce solution brings it all together.
- Omnichannel retail: Key facts and FAQs
What is the difference between omnichannel and unified commerce?
Omnichannel retailing describes a model in which clients can interact with multiple sales and media channels at once, and have their information retained by the retailer as they move between them. For example, omnichannel retailing allows your clients to browse on a desktop, compare prices on a mobile device, then visit your brick-and-mortar location to finalise a purchase — all without having to restart their customer journey. Omnichannel retail connects all channels, combining the store experience and the website to create a single experience.
Where omnichannel commerce strives to unify several separate channels, unified commerce takes multichannel selling one step further. Unified commerce relies on cloud technology to integrate all business functions, channels, and client data onto a single platform. Rather than allowing your customers to move seamlessly across multiple channels, you give them the opportunity to stay within a single channel — one that incorporates all other channels and data.
While there are some blurred lines between these two strategies, they both demonstrate that unified selling creates a more customer-centric business model. By eliminating restrictions on how, when, and where a client can shop, customers gain freedom and flexibility, resulting in an unparalleled experience.
Shoppers want a unified experience
Is a consistent customer experience really that important? In a word, yes. Roughly 75% of consumers expect a consistent experience wherever they engage. When they shop in stores, 68% of consumers say it’s absolutely critical or very important that associates understand their personal preferences or needs. Should businesses fail to deliver on this expectation, they risk losing customers. Some 70% of consumers report that technology has made it significantly easier to take their business elsewhere.
Despite the obvious demand for a unified experience, only 28% of B2C companies are available to serve customers on every channel. This becomes an even bigger concern when you consider that 73% of shoppers use multiple channels during their shopping journey. Taken together, these numbers suggest that approximately two-thirds of retailers fail to effectively cater to the shopping preferences of over two-thirds of their audience.
A unified platform is the solution
Provide seamless experiences across every digital channel
Although the modern customer journey is more fluid and flexible than ever before, shoppers still expect a single, seamless shopping experience. A shopper may choose to interact with your brand across multiple digital channels, bouncing between mobile, web, social, and more before completing their purchase. To provide a unified experience, your digital commerce tools must extend beyond the basic website and connect not only with each other, but with the customer — anywhere, anytime, on any device.
Tools that track and collate client activity as customers move from channel to channel help ensure that no matter when or how the buyer resumes the conversation, you have the insights needed to help them pick up exactly where they left off. With continuity and consistency across every channel, clients will never have to worry about starting over at square one.
Unified order management ensures customer satisfaction beyond the sale
Know your shoppers before they even enter the store
The right multi-channel ecommerce solution brings it all together
The commerce world is shifting, but maybe not in the way that some expect. The future of shopping won’t be retail or online, but a hybrid of both. Omnichannel retail and unified commerce bring everything together in a customer-centric, all-in-one solution. This approach will improve the customer experience regardless of how they choose to shop, and increase your effectiveness across all channels. With the right tools, your customers will be able to enjoy a seamless, personalised, interactive buying experience — whether or not they ever set foot in your store.
Want to learn more about the tools that are redefining commerce? Check out Commerce Cloud and see for yourself what a unified commerce solution can do for you.
That’s a lot of info!
Here’s what you should take away from this article:
- What is omnichannel retailing? Omnichannel retailing is an approach to sales that enables customers to interact with multiple sales and media channels – from desktop through mobile to in-store.
- How does unified commerce differ from omnichannel? Unified commerce takes multichannel selling one step further, using cloud technology to integrate the shopping journey within a single platform.
- What are the benefits to shoppers of a unified experience? The benefits to shoppers of a unified experience include consistency of service, personalised preferences and ease of switching between channels.
- How does a unified platform boost customer loyalty? A unified cloud-based platform provides flexibility across mobile, social and web transactions and boosts customer loyalty by simplifying shopping journeys.
- Does omnichannel ensure a seamless experience? Tools that track and collate customer activity across multiple digital channels provide the single, seamless experience that modern shoppers expect.
- What are the advantages of unified order management post-purchase? Unified order management guarantees customer satisfaction post-purchase with flexible, hassle-free shipping, delivery, pick-up and return options.
- How can cross-channel customer insights optimise sales? Data-driven cross-channel customer insights give in-store sales associates a unified platform to offer each shopper a tailor-made service.
- What are the rewards of a customer-centric approach? A customer-centric approach rewards shoppers and retailers equally by combining the advantages of omnichannel and unified commerce to optimise the buying experience.