Global customer journey scores high for fashion retailers: Report
30 Mar 22 2 min read
Ten global fashion retailers who were a part of the study are H&M, Louis Vuitton, Nike, Adidas, Freemans, Gymshark, Jack & Jones, Missguided, TJ Maxx and Very.
The ranking, which evaluates conscious and unconscious customer responses to delivery experiences, demonstrates how competitive the current landscape is. With fashion retailers setting the bar this high, being ‘good’ is simply not good enough to stand out and attract and retain customers today, as per the Delivery Experience ‘DX’ report by Sorted in partnership with Think Beyond
The report used the five-point Likert scale to assess the purchasing journey for consumers, empowering scientists to dig deeper and understand what makes consumers tick under the surface. By adopting neuroscience theories, the companies were able to predict physiological and emotional responses, using methods less susceptible to bias than other forms of market research.
These findings, which demonstrate that retailers are providing exemplary offerings to customers when it comes to pre-and post-purchase, mean that brands need to exceed expectations to stand out in a crowded market, the report added.
“Consumers now have almost unlimited access to new brands and products, making loyalty hard to earn and even easier to lose. Since these findings demonstrate that delivery and returns are strong areas for fashion retailers, brands must take the delivery experience to the next level to separate themselves from others. Any lapse in progression or innovation in this space is likely to see you fall behind,” Carmen Carey, CEO at Sorted, commented.
Fibre2Fashion News Desk (SF)
Popular News
|
Surat’s rapier weavers to cut production by 80% to tackle weak demand |
|
US retailer Ross Stores posts net earnings of $488 mn in Q1 |
|
UK concludes tax agreement with Peru, ratifies deal to join CPTPP |
|
AkzoNobel plans closure of sites in Netherlands, Ireland & Zambia |
|
China’s ANTA Sports releases 2023 annual ESG report |
|
Fashion house Burberry launches new flagship store in Hangzhou, China |