Greatest Challenges Retailers Face in Providing Omnichannel Experience to Customers

Greatest Challenges Retailers Face in Providing Omnichannel Experience to Customers

Proof Point

Lack of resources and difficulty implementing top challenges facing retailers in providing omnichannel experiences to consumers, according to PwC survey

Greatest Challenges Retailers Face in Providing Omnichannel Experience to Customers

2017 (percentage of respondents)

Note: Data based on PwC & SAP 2017 Retailer Survey covering 24,471 respondents, including more than 300 retailers, from 29 countries across six continents

Proof Point Findings

  • Omnichannel Definition – Multi-channel selling and servicing to customers, including websites, traditional storefronts, and mobile apps
  • Lack of Resources – Almost half of retailers identified lack of resources as greatest challenge in implementing omnichannel experience to customers, including budget (30%), expertise (10%) and other internal resources (6%)
  • Implementation Difficulty – Four in ten respondents encountered difficulties integrating omnichannel approach in their legacy systems
  • Key Growth Drivers – Include continuously evolving consumer shopping behavior, increasing consumer demand for seamless multi-channel engagement with brands, and proliferation of digital technology-enabled tools enabling consumers and merchants to conduct transactions online, such as smartphones, cloud computing, and new payment systems

Market Disruption

Business Model and Practices

Business Model
and Practices

Sector

Wholesale and Retail Trade

Source

Date Last Updated

September 6, 2017

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