SOURCE: MarketLive, Inc.

MarketLive, Inc.

July 30, 2015 08:15 ET

MarketLive's Q2 Performance Index™ Shows E-Commerce Trend Is 'Commerce Anywhere the Customer Wants it'

Purchases Made via Smartphones Increase 335%; Mostly on Catalog, Home Furnishings, Brick & Mortar Items

PETALUMA, CA--(Marketwired - Jul 30, 2015) - MarketLive, the leading e-commerce technology platform for fast-growing retailers, today announced the results of its Q2 2015 Performance Index report, measuring the real-world buying behavior of millions of consumers shopping online during the second quarter of 2015.

This quarter's data show that small-screen shopping experiences are finally engaging enough for mass-market consumers, who purchased 335% more via their smartphones than they did in Q2 a year ago. Surprisingly, the retail sectors that showed the strongest uptick in sales from smartphones are Catalog (+374%), Brick & Mortar (+207%), and Furnishings & Housewares (+163%), indicating that traditional retailers are effectively leveraging the digital ecosystem.

"Consumers have shifted their buying patterns to mobile commerce faster than many retailers realize. We're now seeing merchandise traditionally purchased in-store, such as home furnishings, are increasingly being purchased online from smartphones. And, shoppers are seeking out their favorite brick-and-mortar brands online and expecting their websites to work on any device," said Ken Burke, founder and CEO of MarketLive, Inc. "We're calling this trend 'Commerce Anywhere the Customer wants it,' and the more agile retailers and category leaders are outpacing their competitors by constantly adapting to -- and embracing -- a retail landscape where technology, consumers and markets are evolving at breakneck speed."

Revenue increases and traffic increases from shoppers using smartphones saw triple-digit gains across all retail sectors. Responsive websites and one-click payment options are addressing serious friction points in mobile commerce and making it easier for shoppers to see products, search prices, and purchase whenever and wherever they want.

Other Findings
Other statistics uncovered in the MarketLive Performance Index yield some surprises:

  • Brick & Mortar revenues out-paced the overall retail index by 43% over 8 consecutive quarters
  • Revenues from shoppers on smartphones grew 374% in Catalog; 207% in Brick & Mortar; and 163% in Furnishings & Housewares
  • Traffic from paid search and organic search are declining (-11.7% and -1.5%, respectively) while traffic from e-mail marketing is increasing (+18.1%)
  • Total revenues, total visits, and average order size continue to grow (+1.3%, +18.1%, +1.4% respectively) even as conversion rate and cart abandonment remain challenging (-11.3% and +1.9% respectively)
  • Key performance indicators for Tablets continue to slip compared to Smartphones: phones now command more than 2x the share of Online Traffic (29.4% smartphones vs. 12.9% tablets) and phones squeezed past tablets for share of Online Revenue (13.1% smartphones vs. 13.0% tablets)

SOCIAL COMMERCE FINDINGS

  • Revenue that can be attributed directly to social recommendations are still less than 1% of total, but have increased 151% with a current Average Order Value (AOV) of $153.20
  • Overall social revenue on smartphones increased 136% from a year ago
  • Overall social traffic via smartphones increased 186%
  • 67% of social revenue comes from Facebook; 12% from Pinterest; and 1% from Twitter

Get The Report
Interested companies may complete an online form to request a free copy of Q2 2015 Performance Index, Volume 29: http://www.marketlive.com/how-we-think/commerce-strategies.html

Methodology
The MarketLive Performance Index Vol. 29 was produced by analyzing aggregated, anonymized U.S. traffic and revenue data from MarketLive's customers whose e-commerce websites have continuously reported data from at least April 1, 2014 through June 30, 2015.

The Performance Index results are broken out by six different retail sectors and key performance metrics including social commerce, paid vs. organic search, average customer visits, average order size, conversion rates, and more. The report also tracks path to purchase, cart abandonment data and offers online retailing tips and best practices based on the real-world buying behavior of millions of online consumers.

Connect with MarketLive
- Find e-commerce case studies and best practices: http://www.marketlive-blog.com/
- Follow on Twitter for webinar invites and events: https://twitter.com/MarketLiveInc
- Discuss with peers: http://www.linkedin.com/company/marketlive
- Follow industry news at Facebook: https://www.facebook.com/marketlive

About MarketLive
Since 1995, MarketLive, Inc., has been the leading provider of e-commerce technology and services that help fast-growing companies successfully sell goods and services online. Designed to meet the unique requirements of catalogers, retailers, direct marketers, and manufacturers, the extensible MarketLive® Customer Driven Commerce technology and services solution integrates commerce across all channels, enabling merchants to enhance their customers' experience online while dramatically improving acquisition, conversion, and retention rates.

The MarketLive platform is the most retail-targeted, fully featured, customizable Total Commerce solution on the market today. MarketLive powers many successful retail e-commerce sites, including Armani Exchange, Party City, Perricone MD, Sport Chalet, Sundance, Helzberg Diamonds, John Deere, Title Nine, Intermix and others.

For more information, visit www.marketlive.com.

Contact Information

  • Media Contact:
    Renee Newby Friedman
    Rocket Science PR, for MarketLive
    Office: +1 415 464 8110 x213
    Mobile: +1 757 651 6554
    Email: Email Contact