Customer behavior Tracking the effect of COVID-19 on digital KPIs - Contentsquare

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Customer behavior Tracking the effect of COVID-19 on digital KPIs - Contentsquare
The evolution of online
customer behavior
Tracking the effect
of COVID-19 on
digital KPIs

                                             1
             DATA HUB - 2020 IN RETROSPECT
Customer behavior Tracking the effect of COVID-19 on digital KPIs - Contentsquare
2020 in Retrospect: The evolution of online customer behavior

 ―   New customers moved online. According to eMarketer’s Global Ecommerce Update 2021 report, global
     eCommerce sales grew by 27.6% in 2020, with new and existing customers spending a total of $4.28 trillion
     throughout the year. The pandemic encouraged consumers to try new digital behaviors, with many using
     telehealth, online entertainment, e-learning, and social media shopping for the first time.

 ―   In-person retail was named non-essential. At the start of the pandemic, many retailers were labeled non-
     essential and forced to shut their doors. Companies had to meet customers online and quickly adapt to
     their new needs and behaviors, as many consumers opted for essential goods in favor of personal luxuries.

 ―   Unprecedented digital acceleration. A recent McKinsey & Company report estimates U.S. eCommerce
     experienced 10 years of digital growth in just 3 months at the beginning of the pandemic.

 ―   New consumer habits are here to stay. Even as stores reopened and lockdowns lifted this summer,
     customers continued to convert online, suggesting customers have fallen in love with the convenience of
     online shipping. We suspect these new behaviors aren’t going anywhere any time soon.

 ―   Customer experience has become a key brand differentiator. Brands need to balance creating new,
     innovative digital experiences and fixing pesky site errors and on-page hiccups that could keep customers
     from converting. That’s how they can engage their customers and stand out from increasing competition.

 ―   The separation between the physical and digital worlds is fading fast. Omnichannel strategies are now at
     the heart of companies’ objectives thanks to new immersive experiences and social commerce.

                                                                                                                 2
                             DATA HUB - 2020 IN RETROSPECT
Customer behavior Tracking the effect of COVID-19 on digital KPIs - Contentsquare
Table of contents

       Methodology                                        04

       Global overview                                    05

       Traffic                                            06
       Time per session                                   07
       Transactions                                       08
       Conversion rate                                    09

       Industry focus
                                                          13
          - SUPERMARKET
                                                          15
          - HIGH-TECH
                                                          17
          - SPORT EQUIPMENT
                                                          19
          - MEDIA
                                                          21
          - COSMETICS
                                                          23
          - BANK & INSURANCE
                                                          25
          - HOME FURNITURE
                                                          27
          - RETAIL FASHION
                                                          29
          - TELECOM
                                                          31
          - JEWELRY & WATCH
                                                          33
          - LUXURY
                                                          35
          - TRAVEL

       3 Best practices                                   37

                                                               3
                          DATA HUB - 2020 IN RETROSPECT
Customer behavior Tracking the effect of COVID-19 on digital KPIs - Contentsquare
Methodology

        PERIOD: FROM JANUARY 6TH TO DECEMBER 31ST 2020

        +900 WEBSITES IN THE WORLD

        +10 BILLION SESSIONS

        +50 BILLION PAGES

        26 COUNTRIES

        22 INDUSTRIES

        KPIS ANALYZED: TRAFFIC, TRANSACTIONS, CONVERSION RATE AND ENGAGEMENT
        (time spent, # of page views)

                                                                               4
                       DATA HUB - 2020 IN RETROSPECT
Customer behavior Tracking the effect of COVID-19 on digital KPIs - Contentsquare
GLOBAL OVERVIEW

      3RD QUARTER VS 4TH QUARTER OF 2020

                 Traffic                             Time per session               Transactions                        Conversion rate

                  +23.56%                         +12.98%                           +38.11%                              +11.59%

      END OF DECEMBER 2020 VS EARLY JANUARY 2020

                   +18.6%                            +4.6%                      +78.1%                         +51.6%

               -90%                  90 %     -90%                 90 %     -90%                  90 %     -90%                90 %

                           Traffic                   Time per session              Transactions                   Conversion rate

 - All KPIs have increased since January 2020, which comes as no surprise as many consumers adopted new online behaviors as a result of
 the pandemic.

 - KPIs rose significantly between Q3 and Q4 thanks to continued concerns over in-store shopping, additional pandemic-related store closures in
 parts of the world, and the convenience of online shopping. This all contributed to a record-breaking holiday shopping season for eCommerce.

                                                                                                                                                  5
                                       DATA HUB - 2020 IN RETROSPECT
Customer behavior Tracking the effect of COVID-19 on digital KPIs - Contentsquare
TRAFFIC

130

125

      January 2020
120     reference
         period =
        index 100
115

110

105

100

95

90

85

           JAN        FEB        MAR         APR        MAY         JUN         JUL        AUG        SEP         OCT        NOV         DEC

 Global online traffic mirrored the seasonality and severity of the pandemic. In March, as lock downs began, users surged online, while traffic
 dipped over the summer as stores reopened and people felt more comfortable social distancing outside. As the weather got colder and cases
 climbed, so did site traffic, as many shoppers chose to find and ship holiday gifts online this year.

                                                                                                                                                  6
                                       DATA HUB - 2020 IN RETROSPECT
Customer behavior Tracking the effect of COVID-19 on digital KPIs - Contentsquare
TIME PER SESSION

120

115   January 2020
        reference
         period =
        index 100
110

105

100

95

90

85

80

          JAN         FEB        MAR         APR        MAY        JUN        JUL        AUG         SEP        OCT        NOV         DEC

 Similar to global traffic, time per session climbed during the first few months of the pandemic before taking a dip during the summer months
 as customers took time to enjoy the warm weather and take a much needed break from technology. Once the weather cooled and the holiday
 shopping season came around, users were back online looking for the perfect gifts for their loved ones and trying to find new ways to stay
 connected with friends and family during the holidays.

                                                                                                                                                7
                                       DATA HUB - 2020 IN RETROSPECT
Customer behavior Tracking the effect of COVID-19 on digital KPIs - Contentsquare
TRANSACTIONS

200

190
      January 2020
180     reference
         period =
        index 100
170

160

150

140

130

120

110

100

90

           JAN        FEB        MAR         APR        MAY         JUN         JUL        AUG        SEP         OCT        NOV         DEC

 Online transactions increased since the start of the pandemic. The most significant increase unsurprisingly occurred during the holiday season
 when eCommerce sales saw unprecedented online sales.

                                                                                                                                                  8
                                       DATA HUB - 2020 IN RETROSPECT
Customer behavior Tracking the effect of COVID-19 on digital KPIs - Contentsquare
CONVERSION RATE

155

150

145   January 2020
        reference
140      period =
        index 100

135

130

125

120

115

110

105

100

95

          JAN         FEB        MAR         APR       MAY         JUN        JUL        AUG        SEP        OCT         NOV        DEC

 Overall, 2020 saw high conversion rates across all industries, even with low traffic during the summer months. This suggests many customers
 have embraced the ease and convenience of online shopping.

                                                                                                                                               9
                                       DATA HUB - 2020 IN RETROSPECT
Customer behavior Tracking the effect of COVID-19 on digital KPIs - Contentsquare
Industry focus

TRAFFIC EVOLUTION, DECEMBER VS JANUARY 2020

                                                                              - Surging Supermarkets and Sports
            supermarket                                9.9%                   Equipment: two industries that have seen
                                                                              a huge influx in digital traffic since the start
               retail tech                             53.9%
                                                                              of the pandemic are grocery and sporting
                                                                              equipment. With restaurants closed and
                                                                              heightened concerns about the safety of
         sport equipment                               45.9%                  in-store shopping, many customers tried
                                                                              online grocery shopping for the first time
                   media                               17.5%                  and fell in love with the convenience.
                                                                              Similarly, the closure of gyms pushed
               cosmetics                               68.5%                  many people to invest in virtual workout
                                                                              services and at-home workout gear. We’re
                                                                              certainly not complaining about wearing
          bank/insurance                        -10%
                                                                              athleisure 24/7.

      home furnishing diy                              16.5%                  - Tumbling Tourism: on the other hand, the
                                                                              tourism industry witnessed the biggest
                 fashion                               26.8%                  decrease in traffic. With many countries
                                                                              enacting strict travel bans and quarantine
                 telecom
                                                                              rules, people canceled flights and hunkered
                                               -9.7%
                                                                              down at home for the pandemic. That said,
                                                                              local travel, car rentals, and camping did
           jewelry/watch                               46.1%                  see small spikes in the warmer months as
                                                                              consumers tried to find responsible, nearby
                   luxury                              45.1%                  get-aways for a change of pace.

                 tourism                      -56.3%

                                -40     -20       0            20   40   60

                                                                                                                                 10
                             DATA HUB - 2020 IN RETROSPECT
Industry focus

TRANSACTIONS EVOLUTION, DECEMBER VS JANUARY 2020

               supermarket                                 128.5%

                 retail tech                               118.3%

           sport equipment                                 78.5%

                     media                                 20.2%

                 cosmetics                                 153.4%

            bank/insurance                                 22.7%

        home furnishing diy                                108.8%

                    fashion                                69.9%

                   telecom                        -77.1%

              jewelry/watch                                410.9%

                     luxury                                140.3%

                   tourism                        -18.8%

                                           -50         0            50   100      150       200       250      300       350       400       450

 The holiday shopping season proved particularly successful for industries across the board as consumers favored online shopping over in-store.

                                                                                                                                                   11
                                     DATA HUB - 2020 IN RETROSPECT
Industry focus

PAGES VIEWS EVOLUTION, DECEMBER VS JANUARY 2020

            supermarket                              93.6%

               retail tech                           60.8%

         sport equipment                             24%

                   media                             13.4%

               cosmetics                             65.6%
                                                                        Not surprisingly, the same industries
                                                                        that experienced high traffic also saw
          bank/insurance                     -13%                       an increase in page views. The jewelry/
                                                                        watch and retail tech industries were the
      home furnishing diy                            15.6%              standout stars, with page views increasing
                                                                        166% and 165% respectively since the
                 fashion                             23.7%
                                                                        beginning of the year.

                 telecom                    -17.6%

           jewelry/watch                             71.8%

                   luxury                            35.5%

                 tourism                   -65.8%

                                  -50            0           50   100

                                                                                                                     12
                             DATA HUB - 2020 IN RETROSPECT
Deep-dive: Supermarket

OVERVIEW DECEMBER VS JANUARY 2020

        +96.9%                            +85.7%                         +128.5%                       +17.5%

     -140 %             140 %      -140 %               140 %   -140 %               140 %    -140 %               140 %

              Traffic                       Time per session              Transactions                 Conversion rate

TRAFIC SHARE PER DEVICE                       January 2020                                   December 2020

                                                Mobile 63.2%                                  Mobile 65.6%

                                Desktop                         Tablet             Desktop                         Tablet
                                 33.6%                          3.2%                30.8%                          3.6%

 The supermarket industry was the unexpected winner of 2020. While online grocery shopping and in-store pickup have
 been around for some time, the pandemic pushed new users to try these services for the first time and fall in love with
 its ease and convenience. While we think these high KPIs are here to stay in 2021 and beyond, the industry’s biggest
 challenges will be figuring out how to keep their broad range of users engaged, maintaining this pace of growth, and
 turning new behaviors into habits.
                                                                                                                            13
                           DATA HUB - 2020 IN RETROSPECT
Deep-dive: Supermarket

                           TRAFFIC & CONVERSION RATE EVOLUTION

                                                                                           140

                                                                                           135

240                                                                                        130

220                                                                                        125

      January 2020                                                                               January 2020
        reference                                                                                  reference
200                                                                                        120
         period =                                                                                   period =
        index 100                                                                                  index 100

180                                                                                        115

160                                                                                        110

140                                                                                        105

120                                                                                        100

100                                                                                        95

80                                                                                         90

         JAN         FEB    MAR   APR   MAY   JUN   JUL      AUG   SEP   OCT   NOV   DEC            JAN         FEB   MAR   APR   MAY   JUN   JUL   AUG   SEP   OCT   NOV    DEC

                            The supermarket industries is one of the few industries that saw both traffic and conversion rates skyrocket during global
                            lockdowns. While traffic dipped in summer, conversion rates continue to soar, proving that consumers were more intentional
                            with their visits and had embraced online shopping for essential goods and new consumption habits have appeared.

                                                                                                                                                                            14
                                                          DATA HUB - 2020 IN RETROSPECT
Deep-dive: High-Tech

OVERVIEW DECEMBER VS JANUARY 2020

        +53.9%                            +62.8%                         +118.3%                  +45.4%

     -130 %             130 %      -130 %               130 %   -130 %              130 %   -130 %              130 %

              Traffic                       Time per session             Transactions                Conversion rate

TRAFIC SHARE PER DEVICE                       January 2020                                  December 2020

                                                Mobile 59.6%                                  Mobile 61.9%

                                Desktop                         Tablet            Desktop                        Tablet
                                  36.1%                         4.3%                34.1%                        4%

 2020 was a good year for the high-tech industry. Thanks to the shift to remote work and schooling and people looking for
 more at-home digital entertainment, many consumers upgraded their existing equipment or purchased new items. This
 trend is still going strong as COVID-19 cases continue to increase and people hunker down at home for the colder months.

                                                                                                                            15
                           DATA HUB - 2020 IN RETROSPECT
Deep-dive: High-Tech

                           TRAFFIC & CONVERSION RATE EVOLUTION

                                                                                           150
170

                                                                                           145

160
                                                                                           140

      January 2020
150     reference                                                                          135
         period =                                                                                January 2020
        index 100                                                                                  reference
                                                                                           130      period =
140                                                                                                index 100

                                                                                           125

130
                                                                                           120

120                                                                                        115

                                                                                           110
110

                                                                                           105

100
                                                                                           100

90                                                                                         95

         JAN         FEB    MAR   APR   MAY   JUN   JUL      AUG   SEP   OCT   NOV   DEC            JAN         FEB   MAR   APR   MAY   JUN   JUL   AUG   SEP   OCT   NOV    DEC

                            High-tech ended the year on a high note thanks to the irresistible deals during the holiday shopping season.

                                                                                                                                                                            16
                                                          DATA HUB - 2020 IN RETROSPECT
Deep-dive: Sport equipment

OVERVIEW DECEMBER VS JANUARY 2020

        +45.9%                           +24.2%                        +78.5%                   +22.2%

     -90 %              90 %      -90 %                90 %   -90 %               90 %     -90 %               90 %

              Traffic                     Time per session             Transactions                Conversion rate

TRAFIC SHARE PER DEVICE                     January 2020                                  December 2020

                                              Mobile 59.4%                                  Mobile 61.4%

                               Desktop                        Tablet            Desktop                        Tablet
                                 36.7%                        3.9%               35.4%                         3.2%

 When the pandemic forced gyms to close, consumers had to find new ways to stay active. This caused many individuals
 to invest in new at-home exercise equipment, virtual class subscriptions, and athleisure clothing, which accounts for the
 increase in the industry’s digital KPIs.

                                                                                                                             17
                          DATA HUB - 2020 IN RETROSPECT
Deep-dive: Sport equipment

                           TRAFFIC & CONVERSION RATE EVOLUTION

                                                                                           170
160

                                                                                           160

150

                                                                                           150

140   January 2020
        reference
         period =
                                                                                           140
                                                                                                 January 2020
        index 100                                                                                  reference
130                                                                                                 period =
                                                                                           130     index 100

120
                                                                                           120

110
                                                                                           110

100
                                                                                           100

90                                                                                         90

70                                                                                         80

         JAN         FEB    MAR   APR   MAY   JUN   JUL      AUG   SEP   OCT   NOV   DEC            JAN         FEB   MAR   APR   MAY   JUN   JUL   AUG   SEP   OCT   NOV    DEC

                            - The start of the pandemic closed gyms and put a stop to races and tournaments. To stay in shape and sane, fitness
                            enthusiasts switched to at-home workouts, beefed up their home gyms, and signed up for online workouts.

                            - Over the summer, KPIs dipped as the warmer months allowed consumers to exercise outside or participate in outdoor
                            socially-distant classes. However, as the weather turns colder, there seems to be an uptick in both traffic and conversions.

                                                                                                                                                                            18
                                                          DATA HUB - 2020 IN RETROSPECT
Deep-dive: Media

OVERVIEW DECEMBER VS JANUARY 2020

         +17.5%                            +4.8%                        +20.2%                         +2.3%

     -30 %              30 %       -30 %                30 %   -30 %                   30 %    -30 %               30 %

              Traffic                      Time per session             Transactions                   Conversion rate

TRAFIC SHARE PER DEVICE                      January 2020                                     December 2020

                                               Mobile 70.4%                                    Mobile 70.3%

                               Desktop                         Tablet            Desktop                           Tablet
                                25.2%                          4.4%               23.8%                            5.9%

 Despite the overall positive results outlined above, some media companies were luckier than others during the pandemic.
 Of course, streaming brands saw a boom in digital subscriptions, while in many cases movie theaters, TV, and traditional
 print media saw a steep decrease in membership and advertising spend.

                                                                                                                            19
                          DATA HUB - 2020 IN RETROSPECT
Deep-dive: Media

                           TRAFFIC & CONVERSION RATE EVOLUTION

                                                                                           240

                                                                                           220
160

                                                                                           200
      January 2020
140     reference
         period =                                                                          180
                                                                                                 January 2020
        index 100                                                                                  reference
                                                                                                    period =
                                                                                           160     index 100
120

                                                                                           140

100
                                                                                           120

80                                                                                         100

                                                                                           80
60
                                                                                           60

40                                                                                         40

             JAN     FEB    MAR   APR   MAY   JUN   JUL      AUG   SEP   OCT   NOV   DEC            JAN         FEB   MAR   APR   MAY   JUN   JUL   AUG   SEP   OCT   NOV    DEC

                            - Again, while the pandemic has been great for some media companies, others like music and press platforms have seen
                            revenue drop as remote work put an end to many people’s daily commutes. On the contrary, news channels and streaming
                            platforms benefited from traffic increases as people were hungry for more information during a period plagued by uncertainty.

                            - High conversion rates during the first lockdown can be partially attributed to an increase in streaming subscriptions. For
                            example, when Disney+ was launched in late 2019, its parent company projected it would reach 60 millions users by 2024.
                            Thanks to the pandemic, it’s already reached this target – four years ahead of schedule.

                                                                                                                                                                            20
                                                          DATA HUB - 2020 IN RETROSPECT
Deep-dive: Cosmetics

OVERVIEW DECEMBER VS JANUARY 2020

        +68.5%                            +46.8%                         +153.4%                  +49.9%

     -160 %             160 %      -160 %               160 %   -160 %               160 %   -160 %              160 %

              Traffic                       Time per session              Transactions                Conversion rate

TRAFIC SHARE PER DEVICE                       January 2020                                   December 2020

                                                Mobile 70.7%                                  Mobile 72.6%

                                                                                   Desktop
                                Desktop                         Tablet                                            Tablet
                                                                                     25.1%
                                 26.5%                          2.8%                                              2.3%

 While the cosmetics industry saw initial spikes in traffic and conversions at the beginning of 2020, these figures dropped
 off over the summer months. Luckily, the industry ended the year with an outstanding holiday season. Even though people
 are staying home, they’re still investing in skincare, eye makeup to sport with a mask, and lipstick to add a pop of color
 to their Zoom calls.
                                                                                                                              21
                           DATA HUB - 2020 IN RETROSPECT
Deep-dive: Cosmetics

                           TRAFFIC & CONVERSION RATE EVOLUTION

210
                                                                                           180

200
                                                                                           170
190

      January 2020                                                                         160
180     reference
         period =                                                                                January 2020
        index 100
170                                                                                                reference
                                                                                           150      period =
                                                                                                   index 100
160
                                                                                           140
150

                                                                                           130
140

130                                                                                        120

120
                                                                                           110
110

                                                                                           100
100

90                                                                                         90

         JAN         FEB    MAR   APR   MAY   JUN   JUL      AUG   SEP   OCT   NOV   DEC            JAN         FEB   MAR   APR   MAY   JUN   JUL   AUG   SEP   OCT   NOV    DEC

                            The year’s early spike in online performance can be directly connected to stores closing in March due to COVID-19 safety
                            measures. Still, as stores reopened in the summer months, online traffic and conversions dipped, suggesting consumers
                            may prefer to go in-store to touch and try products in-person. Still, high online performance during the holiday shopping
                            season reminds us that physical and digital channels are complementary and should work in tandem.

                                                                                                                                                                            22
                                                          DATA HUB - 2020 IN RETROSPECT
Deep-dive: Bank & Insurance

OVERVIEW DECEMBER VS JANUARY 2020

             -10%                         -12.4%                       +22.7%                      +43.7%

     -50 %              50 %      -50 %                50 %   -50 %               50 %     -50 %               50 %

              Traffic                     Time per session             Transactions                Conversion rate

TRAFIC SHARE PER DEVICE                     January 2020                                  December 2020

                                             Mobile 35.84%                                 Mobile 44.2%

                               Desktop                        Tablet            Desktop                        Tablet
                                61.86%                        2.3%               53.3%                         2.5%

 Mobile traffic shares increased by 9 points between January and December as customers become more accustomed to
 mobile banking.

                                                                                                                        23
                          DATA HUB - 2020 IN RETROSPECT
Deep-dive: Bank & Insurance

                           TRAFFIC & CONVERSION RATE EVOLUTION

130
                                                                                           150

125                                                                                        140

120   January 2020
                                                                                           130
        reference
         period =
        index 100                                                                          120
115

                                                                                           110
110

                                                                                           100
105
                                                                                           90
100
                                                                                           80
                                                                                                 January 2020
95                                                                                                 reference
                                                                                           70       period =
                                                                                                   index 100
90
                                                                                           60

85                                                                                         50

         JAN         FEB    MAR   APR   MAY   JUN   JUL      AUG   SEP   OCT   NOV   DEC            JAN         FEB   MAR   APR   MAY   JUN   JUL   AUG   SEP   OCT   NOV    DEC

                            During the first half of the year, online traffic increased significantly, while conversion rates decreased. This could be
                            because consumers were mainly looking to access their online services, rather than subscribe to new services.

                                                                                                                                                                            24
                                                          DATA HUB - 2020 IN RETROSPECT
Deep-dive: Home furniture

OVERVIEW DECEMBER VS JANUARY 2020

         +16.5%                             +0.2%                        +108.8%                      +77.9%

     -120 %             120 %      -120 %               120 %   -120 %               120 %   -120 %              120 %

              Traffic                       Time per session              Transactions                Conversion rate

TRAFIC SHARE PER DEVICE                       January 2020                                   December 2020

                                               Mobile 63.36%                                  Mobile 65.8%

                                Desktop                         Tablet             Desktop                        Tablet
                                32.23%                          4.4%                 30.7%                        3.5%

 Throughout 2020, the home furniture and DIY industry performed strongly. Because they were spending more time
 working, socializing, and living at home than usual, many individuals decided to invest more in their home décor and take
 on a few home improvement projects to pass the time. As a result, traffic, transactions, and conversion rates increased
 over the course of the pandemic.

                                                                                                                             25
                           DATA HUB - 2020 IN RETROSPECT
Deep-dive: Home furniture

                           TRAFFIC & CONVERSION RATE EVOLUTION

                                                                                           200

                                                                                           190
140

135                                                                                        180

130                                                                                        170

      January 2020                                                                               January 2020
125                                                                                        160
        reference                                                                                  reference
         period =                                                                                   period =
        index 100
120                                                                                                index 100
                                                                                           150

115
                                                                                           140
110
                                                                                           130
105
                                                                                           120
100

                                                                                           110
95

90                                                                                         100

85                                                                                         90

         JAN         FEB    MAR   APR   MAY   JUN   JUL      AUG   SEP   OCT   NOV   DEC            JAN         FEB   MAR   APR   MAY   JUN   JUL   AUG   SEP   OCT   NOV    DEC

                            - Like high-tech, home furniture saw its traffic and conversion rates go up during lockdown and the second wave due to
                            consumers wanting to improve their home.

                                                                                                                                                                            26
                                                          DATA HUB - 2020 IN RETROSPECT
Deep-dive: Retail fashion

OVERVIEW DECEMBER VS JANUARY 2020

         +26.8%                             +20%                         +69.6%                  +33.2%

     -140 %             140 %      -140 %               140 %   -140 %              140 %   -140 %              140 %

              Traffic                       Time per session             Transactions                Conversion rate

TRAFIC SHARE PER DEVICE                       January 2020                                  December 2020

                                                 Mobile 68%                                   Mobile 74%

                                Desktop                         Tablet            Desktop                        Tablet
                                 28.3%                          3.7%                23.1%                        2.9%

 Even though people weren’t socializing as much or showing up to the office, retail fashion’s KPIs faired positively this year.
 Consumers swapped jeans for joggers and button up shirts for sweatshirts, but still shopped for new clothes.

                                                                                                                                  27
                           DATA HUB - 2020 IN RETROSPECT
Deep-dive: Retail fashion

                           TRAFFIC & CONVERSION RATE EVOLUTION

140
                                                                                           145

135
                                                                                           140
130
                                                                                           135
125
      January 2020                                                                               January 2020
                                                                                           130     reference
120     reference
         period =                                                                                   period =
        index 100                                                                                  index 100
115                                                                                        125

110                                                                                        120

105
                                                                                           115
100
                                                                                           110
95
                                                                                           105
90

85                                                                                         100

80                                                                                         95

         JAN         FEB    MAR   APR   MAY   JUN   JUL      AUG   SEP   OCT   NOV   DEC            JAN         FEB   MAR   APR   MAY   JUN   JUL   AUG   SEP   OCT   NOV    DEC

                            - Retail fashion’s 2020 performance matched the first and second waves of the pandemic. When stores closed and lockdown
                            measures increased, online traffic and conversions followed suit.
                            - Drops in traffic and conversion rates during the early summer period could be because of stores reopening and safety
                            measures lifting. This suggests that online shopping might be a back-up for the industry, as consumers may prefer being
                            able to touch and feel products in-person over online shopping.

                                                                                                                                                                            28
                                                          DATA HUB - 2020 IN RETROSPECT
Deep-dive: Telecom

OVERVIEW DECEMBER VS JANUARY 2020

          -9.7%                           -11.5%                       -77.1%                      -75%

     -90 %              90 %      -90 %                90 %   -90 %               90 %     -90 %               90 %

              Traffic                     Time per session             Transactions                Conversion rate

TRAFIC SHARE PER DEVICE                     January 2020                                  December 2020

                                              Mobile 54.6%                                  Mobile 54.1%

                               Desktop                        Tablet            Desktop                        Tablet
                                43.6%                         1.8%               43.6%                         2.3%

 - The arrival of 5G in 2020 had many telecom companies feeling optimistic about the start of the new decade; however,
 many countries postponed its launch due to the Covid-19 outbreak. That, combined with a decrease in consumer purchasing
 power contributed to lower than expected annual revenue for many telco companies.
 - Due to the public health crisis, many businesses reduced their budgets for IT investments, leaving telco providers in
 a tough spot. They were expected to provide continuous, if not improved, services to their existing customers without
 increasing costs.
                                                                                                                           29
                          DATA HUB - 2020 IN RETROSPECT
Deep-dive: Telecom

                           TRAFFIC & CONVERSION RATE EVOLUTION

125                                                                                        120

                                                                                           110
120

                                                                                           100
115
      January 2020
        reference
                                                                                           90
         period =
110     index 100
                                                                                           80

105                                                                                        70

                                                                                           60
100
                                                                                                 January 2020
                                                                                                   reference
                                                                                           50       period =
                                                                                                   index 100
95
                                                                                           40

90
                                                                                           30

85                                                                                         20

         JAN         FEB    MAR   APR   MAY   JUN   JUL      AUG   SEP   OCT   NOV   DEC            JAN         FEB   MAR   APR   MAY   JUN   JUL   AUG   SEP   OCT   NOV    DEC

                            - The spring lockdown had a strong impact on traffic for the telecom industry. As the home office became the new norm
                            and people spent more time online, data consumption increased. Telco companies were tasked with the challenge of
                            providing good service and assistance to customers without increasing costs for consumers. Suddenly, the telco industry
                            became an essential service.

                                                                                                                                                                            30
                                                          DATA HUB - 2020 IN RETROSPECT
Deep-dive: Jewelry & watch

OVERVIEW DECEMBER VS JANUARY 2020

         +46.1%                          +19.3%                       +410.9%                 +252.6%

    -420 %             420 %     -420 %              420 %   -420 %              420 %    -420 %              420 %

             Traffic                      Time per session             Transactions                Conversion rate

TRAFIC SHARE PER DEVICE                     January 2020                                  December 2020

                                               Mobile 71%                                  Mobile 76.6%

                               Desktop                       Tablet             Desktop                        Tablet
                                26.3%                        2.7%                 21.3%                        2.1%

 - Jewelry and watches were a hot ticket item this holiday season. Thanks to the Black Friday, Cyber Monday, and other
 holiday deals, conversion rates skyrocketed.
 - Mobile traffic increased by 5%, indicating brands might want to invest more heavily in mobile optimized experiences.

                                                                                                                          31
                          DATA HUB - 2020 IN RETROSPECT
Deep-dive: Jewelry & watch

                           TRAFFIC & CONVERSION RATE EVOLUTION

170

                                                                                           350
160

150
      January 2020
        reference                                                                          300
140      period =                                                                                January 2020
        index 100                                                                                  reference
                                                                                                    period =
130                                                                                                index 100

                                                                                           250
120

110
                                                                                           200

100

90
                                                                                           150

80

70                                                                                         100

         JAN         FEB    MAR   APR   MAY   JUN   JUL      AUG   SEP   OCT   NOV   DEC            JAN         FEB   MAR   APR   MAY   JUN   JUL   AUG   SEP   OCT   NOV    DEC

                            - Looking at the evolution of the conversion rate during the year confirms the impact of the peak season on online sales.

                                                                                                                                                                            32
                                                          DATA HUB - 2020 IN RETROSPECT
Deep-dive: Luxury

OVERVIEW DECEMBER VS JANUARY 2020

         +45.1%                           +24.4%                         +140.3%                   +65.5%

     -150 %             150 %      -150 %               150 %   -150 %               150 %   -150 %              150 %

              Traffic                       Time per session              Transactions                Conversion rate

TRAFIC SHARE PER DEVICE                       January 2020                                   December 2020

                                                Mobile 77.4%                                   Mobile 79.7%

                                Desktop                         Tablet             Desktop                        Tablet
                                 20.4%                          2.2%                 18.9%                        1.4%

 - Even as unemployment rates soared and consumers remained uncertain of the future, the luxury industry performed strongly
 in 2020. Overall, conversion rates increased +65.5%, while transactions spiked by an impressive +140.3%. Additionally,
 the holiday shopping season was particularly strong for luxury goods.
 - Mobile traffic shares also increased by +2 points since the start of 2020. Brands should make note of this trend and
 opportunity and ensure mobile holds a prominent place in their 2021 digital strategies.

                                                                                                                              33
                           DATA HUB - 2020 IN RETROSPECT
Deep-dive: Luxury

                           TRAFFIC & CONVERSION RATE EVOLUTION

                                                                                           170

150
                                                                                           160

140
                                                                                           150
      January 2020                                                                               January 2020
        reference                                                                                  reference
130      period =                                                                                   period =
        index 100                                                                          140     index 100

120

                                                                                           130
110

                                                                                           120
100

                                                                                           110
90

80                                                                                         100

70                                                                                         90

         JAN         FEB    MAR   APR   MAY   JUN   JUL      AUG   SEP   OCT   NOV   DEC            JAN         FEB   MAR   APR   MAY   JUN   JUL   AUG   SEP   OCT   NOV    DEC

                            - While Q4 was a particularly strong time for luxury performance, the year started on a different note. From January to
                            March, traffic decreased as shops closed and lockdown measures were implemented.
                            - On the other hand, conversion rates increased from the start first global lockdown.
                            - The year ended on a high note for luxury e-tailers. Brands had improved their online experiences and benefited from the
                            increased traffic and conversion rates of the holiday season.

                                                                                                                                                                            34
                                                          DATA HUB - 2020 IN RETROSPECT
Deep-dive: Travel

OVERVIEW DECEMBER VS JANUARY 2020

         -56.3%                              -66%                         -18.8%                  +86.5%

     -100 %              100 %      -100 %               100 %   -100 %              100 %   -100 %              100 %

               Traffic                       Time per session             Transactions                Conversion rate

TRAFIC SHARE PER DEVICE                        January 2020                                  December 2020

                                                 Mobile 51.9%                                 Mobile 57.24%

                                 Desktop                         Tablet            Desktop                        Tablet
                                  43.8%                          4.3%               40.16%                        2.6%

 - The travel industry was hit hard by the pandemic. Health safety concerns grounded flights and kept many consumers
 at home. That said, the end of the year does have travel companies feeling somewhat optimistic. Holiday traveling did
 increase KPIs at the end of the year and brands are hopeful lenient refund policies, flexible booking, and the rollout of a
 vaccine will encourage consumers to take to the skies and seas again.
 - Another key indicator to follow closely in 2021 is mobile traffic. Similarly to other industries, travel experienced an increase
 in mobile traffic by 6 points since last January.
                                                                                                                                      35
                            DATA HUB - 2020 IN RETROSPECT
Deep-dive: Travel

                           TRAFIC & CONVERSION RATE EVOLUTION

                                                                                           170

110
                                                                                           160

100
                                                                                           150
                                                                                                 January 2020
90                                                                                                 reference
                                                                                                    period =
                                                                                           140     index 100
80

70    January 2020                                                                         130
        reference
         period =
60      index 100
                                                                                           120

50
                                                                                           110
40

                                                                                           100
30

20                                                                                         90

         JAN         FEB    MAR   APR   MAY   JUN   JUL      AUG   SEP   OCT   NOV   DEC            JAN         FEB   MAR   APR   MAY   JUN   JUL   AUG   SEP   OCT   NOV    DEC

                            - We can see that the biggest traffic drops occurred during lockdowns or when the outbreak resumed. Naturally, traveling
                            seemed out of the questions so consumers didn’t browse online as much.
                            - The second wave of the pandemic at the tail end of the summer had less influence on conversion rates. Travel bans were
                            less strict than during the first wave and many people decided to visit family for the holiday season.

                                                                                                                                                                            36
                                                          DATA HUB - 2020 IN RETROSPECT
3 best practices
USING BEHAVIORAL DATA TO BOOST CONVERSION
                                                                                                                   1.
     REASSURE AND INFORM

               Put key information front and                       Detail terms and conditions,
               center, so customers can easily                     expected delivery dates, and
               find what they need.                                any extended return policies.

EXAMPLE: INFO BANNERS
                                                         KAYAK

                                                         Kayak developed a COVID-19 Travel Guide to help customers
                                                         easily and quickly answer their most pressing questions.

                                                         The FAQ guide was featured above the fold on the site’s
                                                         homepage and offered visitors 3 options:
                                                         - I wish to cancel my flight
                                                         - I want to book a flight
                                                         - I’d like to plan a trip

                                                         Once a customer clicked on an option, they could view more
                                                         detailed information to help them achieve their goal.

                                                                                                                      37
                         DATA HUB - 2020 IN RETROSPECT
3 best practices
USING BEHAVIORAL DATA TO BOOST CONVERSION
                                                                                                                     2.
     ENGAGE ON THE WEBSITE

                                                                  Introduce new cross-sell opportunities, offers,
               Encourage an intuitive
                                                                  free trials, or payment methods to appeal to new
               purchasing experience.
                                                                  and existing customers.

THE AUTOMOBILE EXPERIENCE

                                                         LAND ROVER

                                                         The brand offers a “Build, Find, & Order” tab that allows
                                                         customers to explore their car options and build a custom
                                                         car of their dreams. This immersive online experience lets
                                                         customers explore and familiarize themselves with the brand’s
                                                         range of products while customizing the experience to visitors’
                                                         preferences and geographic area.

                                                                                                                           38
                         DATA HUB - 2020 IN RETROSPECT
3 best practices
USING BEHAVIORAL DATA TO BOOST CONVERSION
                                                                                                                      3.
     SUGGEST NEW SERVICES
         To stay top of mind with                                                                Leverage aspirational
                                                    Let them know when
         your customers, send                                                                    and helpful content, like
                                                    a product they love is
         them emails advertising                                                                 guides and tutorials, to
                                                    about to sell out or back
         new offers, items, and                                                                  give your customers
                                                    in stock.
         content.                                                                                added value.

EXAMPLE: ADVICE PUSH ON THE HOMEPAGE

                                                            CASTORAMA

                                                            During the start of COVID-19, French home improvement retailer
                                                            Castorama updated its homepage to include helpful guides on
                                                            “Our advice for being a good remote worker,” “How to keep your
                                                            kids entertained at home,” and “Our ideas and advice for at-
                                                            home well-being.” This helped the company share helpful advice
                                                            with their customers without just pushing their products. This
                                                            added value helped them stay top-of-mind for their customers
                                                            during the pandemic.

                                                                                                                             39
                            DATA HUB - 2020 IN RETROSPECT
For more insights

For the latest monthly digital performance KPI
data, access our Digital Experience Data Hub.

Our latest report: 2021 Digital Happiness Pulse
Putting customer happiness at the heart of
digital experience

We surveyed 500 marketers and 4,000
shoppers to understand the state of digital
happiness around the world. Learn why 75% of
consumers say online shopping makes them feel
unhappy and how you can build a digital CX that
makes your customers smile.

                                                         40
                         DATA HUB - 2020 IN RETROSPECT
Thank you!

                                Contentsquare empowers brands to build better
                                digital experiences.

                                Our experience analytics platform tracks and
                                visualizes billions of digital behaviors, delivering
                                intelligent recommendations that everyone can
                                use to grow revenue, increase loyalty and fuel
                                innovation.

                                          We want to hear from you
                                          hello@contentsquare.com

                                                 Ask for a demo

                                                                                       41
DATA HUB - 2020 IN RETROSPECT
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