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Amazon Prime Day: Millions of Shoppers to be Overwhelmed with ‘Choice Overload’

admin by admin
July 29, 2022
in Marketing


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Up to 10% of UK shoppers could abandon their Prime Day purchases in the face of choice overload this year, according to a new “Analysis Paralysis” study.

Millions of shoppers* could have abandoned their carts this Amazon Prime Day, with one in ten UK consumers (10%) deserting purchases when offered an overwhelming level of choice. That’s according to a new study conducted by customer engagement platform, Emarsys.

The research, which explores the impact of “analysis paralysis” on consumer decision making, also found that when UK shoppers feel overwhelmed with choice 24% admit to ‘defaulting’ to their usual brand of choice, while 17% revert to the cheapest option available. 

With so many marketplace sellers and brands competing on Prime Day, Emarsys’ data also provides tips on how consumers would like brands to cut through the noise:

  • 21% want brands to prioritize promotions they are personally interested in
  • 15% want brands to only display products that they have previously bought 
  • 14% would like brands to offer less choice and have fewer products on sale

Expanding on this guidance, Kelsey Jones, Global Director of Product Marketing at Emarsys said, “Consumer choice is not a bad thing, but in the busiest sales periods it’s important that retailers don’t overwhelm their customers to the point of paralysis. Brands need to empower shoppers with the products, promotions, and information they want and need to make informed decisions. Beyond that point, they risk overloading them.”

“While major sales events are a great opportunity to offer customers discounts on a wide range of products, retailers must focus on getting the right products in front of the right people — that requires a targeted, data-driven approach. For brands like Amazon, the mix of online deals and data gathered in-store (via Amazon Fresh and Amazon Go) creates a powerful targeting combination. Other brands should learn from this omnichannel approach, while those who are purely ecommerce must work even harder to anticipate their customer needs and personalize their experiences.”

“Whether it’s Amazon Prime Day, the Jubilee, or even the Christmas sales, brands like Puma and Adidas Runtastic need to deliver highly targeted marketing and sales strategies rather than a barrage of potentially irrelevant options. It’s not about less choice. It’s about offering the right options.”

Sign up to learn more about how Emarsys helps brands prevent analysis paralysis at our free festival for marketers: https://emarsys.com/power-to-the-marketer-festival-2022/

*25% of UK consumers planned to make a purchase on Amazon this Prime Day, representing 16.8m people. With 10% set to abandon their purchases in the face of choice overload, this could represent up to 1.6m individuals deserting their items. 

About Emarsys

Emarsys, an SAP company, is the omnichannel customer engagement platform that empowers marketers to build, launch, and scale personalized, cross-channel campaigns that drives business outcomes.

We partner with more than 1,500 companies from global enterprises to fast-moving mid-market brands across industries.

  • Emarsys is purpose-built to give more power to marketers so they can:
  • Accelerate time to value by quickly onboarding data and channels to deploy cross-channel campaign
  • Deliver real-time, 1:1 personalization that builds trusted, loyal, and lasting customer relationships with every interaction
  • Succeed with proven guidance to make smart, quick decisions with data-driven insights and analytics
  • Produce measurable results that drive predictable and profitable growth throughout the customer lifecycle

Methodology

Study of over 2,000 UK consumers (2,041), conducted between 03.15.22 and 03.18.22.





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Tags: CustomerCXexperienceprime dayretailshopping
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