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The truth about

online consumers
kpmg.com/onlineconsumers

Advances in technology and consumer demand for


convenience have created a US$1.9 trillion global
online shopping arena, where consumers no longer
go shopping, but are shopping at
every moment and everywhere.
In this customer-centric
reality, retailers need to
know when and where
their customers are
making purchase decisions
throughout their always on
shopping journey.

But attitudes and behaviors can vary


significantly by generation, making it
difficult to target and capture customers.

Millennials (78%)
are more likely than
Gen Xers (75%) and
Baby Boomers (68 %)
to shop around for the
lowest prices online

Only 50% of Baby Boomers used their


smartphone to look up a product
while out shopping, compared to
77% of Millennials and
70% of Gen Xers

Millennials 34 % Millennials are


more likely to share
Generation X 29% product reviews online
especially on Facebook,
Baby Boomers 28 % WhatsApp and Instagram

To earn loyalty, excellent customer support is


more important to Baby Boomers (74%)
than to Millennials (59%)

Simple and seamless checkout


processes are more important
to older consumers
(62 % vs. 57 % vs. 48 %)
While mobile shopping apps are
more appealing to younger shoppers
(17 % vs. 23 % vs. 25 %)

Millennials want immediate gratification.


They are nearly twice as likely (39%)
than Baby Boomers (23%) to shop in
stores to avoid delivery wait times

Based on a KPMG International


survey of 18,430 consumers
In 51 countries about their online
shopping behaviors and preferences

2017 KPMG International Cooperative (KPMG International), a Swiss entity. Member firms of the KPMG network of independent firms
are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind
KPMG International or any other member firm vis-vis third parties, nor does KPMG International have any such authority to obligate or bind
any member firm. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International.

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