LONDON – 16th March, 2017 - Criteo S.A. (NASDAQ: CRTO), the performance marketing technology company, today announced the top online retail searches conducted in the UK in 2017 as revealed at Criteo’s Ecommerce Media Forum. The data offers insight in to consumer shopping behaviour, as evidenced by search term popularity across the Criteo Sponsored Products network of top retail websites in the UK.
With 52% of ecommerce transactions in the UK now taking place on a smartphone, the new data highlights the omnichannel nature of shopping today. High demand for online search for items regularly bought both on and offline, coupled with increasing mobile sales demonstrates an increasingly fluid shopping process, not segregated into distinct ecommerce and bricks-and-mortar shopping experiences. The 2017 search trends coupled with the increase in mobile ecommerce conversion rates demonstrates the multi-channel nature of the modern shopper.
Other key findings include:
Source: Criteo Sponsored Products UK network data, unbranded searches, 1/1/17-2/28/17
“The way that people research, shop and buy products has fundamentally changed. As shoppers move back and forth from devices and online to offline shopping, holistic marketing is no longer a nice to have but represents a genuine marketing priority.” said Jonathan Opdyke, President, Criteo Sponsored Products. “The 2017 search data is a testament to those changing behaviours. Items that we would once simply pop to the shops for such as milk and bread have become prevalent within peoples’ online searches, while bigger ticket items that we would typically want to touch and try are also making an appearance. Clearly, for retailers, it is no longer sufficient to have multiple channels: the store, website, app, catalogue. The key to success lies in connecting shopper journeys across all of these owned assets. Equally, for brands it is in the understanding of the complex path to purchase that efficiency and effectiveness of their strategies can be achieved. Data is the enabler. Data, and understanding it, is the difference between multichannel and omnichannel.”
The top ten most searched terms in 2017:
Notes to editors:
Data taken from 30 million online searches across Criteo’s Sponsored Products UK network between 1st January and 28th February 2017.
About Criteo
Criteo (NASDAQ: CRTO) delivers personalized performance marketing at an extensive scale. Measuring return on post-click sales, Criteo makes ROI transparent and easy to measure. Criteo has over 2,500 employees in more than 30 offices across the Americas, EMEA and Asia-Pacific, serving over 14,000 advertisers worldwide and with direct relationships with thousands of publishers.
For more information, please visit www.criteo.com.