ecommerce market update - online shopping trends in australia · selling the ‘look’ on social...
TRANSCRIPT
Fashion is a key driver of online shopping growth in
2017. This update provides valuable insights into the
growth and an exclusive view from Beginning Boutique.
Growth fuelled by Fashion
eCommerce Market Update
20%of all online purchases in FY17
were Fashion products
Over
...and is a major influence in online shopping
Already one of the largest online categories, Fashion has continued
to show double-digit growth over the last three years.
Fashion has grown consistently year-on-year...
FY15/16
FY14/15
FY16/17
21%growth
Year-on-year growth in online Fashion purchases
Which sub-categories are driving this growth?
And who’s buying?
Women’s Fashion
31%growth
Footwear
14%growth
Accessories
12%growth
Are you experiencing this growth?
more women than men are purchasing
Fashion products
x2
18 – 24 year olds
9%growth
25 – 29 year olds
21%growth
How are they making purchases?
An improved browsing experience across all devices has helped to grow online
purchases, but there’s still a disparity across age groups when it comes to their
preferred device at the time of purchase.
40%
However, in the 30 – 49 age group
of purchases are made on laptops
50
Desktops are the device of choice for shoppers
over
year olds23%
18 – 29 year olds are the most smartphone
savvy, using mobile for
of purchases
Which devices are your customers using?
Device used for last online purchase by age group
18 – 24
25 – 29 40 – 49
30 – 39
60+
50 – 59
Selling the ‘look’ on social
Beginning Boutique has noticed significant
correlation between their social posts and
sales conversions. Selling on social allows
them to reach customers on the other side
of the world, faster and more efficiently
than ever.
For Beginning Boutique, using social media
influencers to create a 'must-have' buzz
around a product has helped to drive their
sales. The potential of this technique also
extends beyond fashion to beauty and
lifestyle products.
A look inside
We talked to Beginning Boutique, one of Australia’s fastest growing online
Fashion retailers, to find out what’s behind the extraordinary growth.
The 'buy now, pay later' effect
Alternative payment options are helping to
increase online purchases. Since introducing
'buy now, pay later' in Dec 2015, Beginning
Boutique has noticed considerable growth –
it’s now their customers' preferred payment
method.
Improvingthe experience
Thanks to better returns policies, choice and
availability of stock, Beginning Boutique
customers have a seamless experience online.
Advances like social media integration mean
that customers can now track the real-time
location of their package, contact customer
care and receive shipment notifications all via
Facebook or Shopify – providing a streamlined
shopping experience.
Which looks will be trending this summer?
Beginning Boutique is seeing demand for
kitsch, feel-good prints – especially dresses,
skirts and crops in playful gingham.
Online purchase growth from
‘buy now, pay later’
If your sales tell a different story, contact us for an in-depth
analysis of your market opportunities and find out how to make
the most of your eCommerce business.
For more insights into the state of the eCommerce industry, visit
startrack.com.au/eCommerce to download the 2017 Inside
Australian Online Shopping report.
Contact us at [email protected]
Is your business experiencing this growth?
This information has been prepared by Australia Post using a subset of deliveries in the 12 months to June 2017, compared to the same period the previous year, unless otherwise stated. Percentage growth and share are based on
online transactions. Demographic trends are sourced from the Australia Post consumer survey 2017. While every effort has been made to ensure the accuracy at the time of publication, Australia Post takes no responsibility for any
errors or omissions herein. Australia Post does not accept any liability for any loss or damage incurred by any use of or reliance on any information contained here.
Disclaimer