Today's sports retail industry is ever evolving. Millennials are the first truly digital generation fast moving and providing deep insights for retailers. Marketing and e-commerce leaders are challenged by this consumer group's shunning of traditional advertising channels. With 2 out of 3 Millennials using ad blockers, business leaders need insights into the latest trends, threats and opportunities to remain relevant and competitive.
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iAdvize retailer trends 2018
1. Sports Retailers
Trends 2018
The millennial impact on retail
Brands must adapt. But how?
Fueling your customer journey
with emotions and experiences
A look at the millennial effect
2 out of 3
millennials use adblockers
Consumers have new demands...
Now is the time to re-imagine your digital CX
50%
80%
77.8%
91%
65%
of millennials will shift their
brand loyalty if their customer
experience was more exciting1
61%
of millennials would rather
communicate with a brand via
digital communication (chat
and messaging) than visit
physical stores1
of retailers believe that
they offer the same level
of customer experience
online as they do in store3
40%
of millennials believe
influencers and content
creators might understand
them better than their friends2
ADULTS
T E E N AG E R S
Only
96% 88%
HUMAN AG E N T
A knowledgeable
is the primary concern for consumers4
message every single day
Fitness blogger Kayla Itsines recently achieved
40% more post engagement than Adidas and Nike
combined for the same period.
glamour.com
of worldwide smart phone users use a messaging app
every single day
18% $60+ 94.8%
of visitors buy a sports item
after receiving support
through messaging
average order value when
visitors supported by an
independent expert
compared to a professional
agent
customer satisfaction after
visitors supported by an
independent expert
Sporting Goods retail industry is projected to grow at
an annualized rate of 2.8% to 2023
uses independent experts enthusiastic
about sports to engage online visitors
during peak season
96.3%
25.7%
average satisfaction after a
conversation with an expert
conversion rate after a
conversation with an expert
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Find out more
Conversational Marketing as
a Driver for Sports Retailers
WHITE PAPER
Explore how to deliver a unique CX to be the digital
destination of choice.
, Inc.
1
Computer Weekly, More than half of millennials prefer online retailer info to in-store assistance, https://www.computerweekly.com/news/252434291/
More-than-half-of-millennials-prefer-online-retailer-info-to-in-store-assistance
2
Mediakix, Marketing To Millennials In 10 Statistics, http://mediakix.com/2017/03/millennial-marketing-statistics-everyone-must-know/#gs.94Pzrx4
3
iAdvize Research Report in Partnership with Internet Retailing ‘The Human Touch, Unlocking the Power of Conversational Marketing’
4
iAdvize Research Report in Partnership with Researchscape ‘The Evolution of Real Time Customer Engagement’