Authenticity is now a key new driver for revenue and loyalty among American shoppers as the trend for more mindful consumption continues, the latest research from Asendia, the leader in international e-commerce and mail delivery solutions, reveals.
Original research of over 8,000 global shoppers in Asendia’s ‘How To Sell Direct In The Age Of The Conflicted Shopper’ Report, including over 1,000 American consumers, showed three quarters (75%) of U.S. shoppers would spend more money with retailers they perceived to be authentic, with 62% saying they would only shop exclusively with authentic retail brands.
The key values defining authenticity for American shoppers were: being straightforward on delivering promises (63%); clear brand values (49%); transparency within supply chains (39%); standing up for sustainability (35%); and acting upon brand values (33%). Authenticity – the new currency for conversion, spend, and loyalty Seven out of ten (70%) American shoppers also said authenticity made them more loyal to brands, with a further 70% saying they would switch to a competitor if they felt a retailer wasn’t authentic.
In the context of economic global headwinds and the rising cost-of-living putting extra pressure on household budgets and discretionary spend, authenticity is also helping retailers fend off rising price-sensitivity among shoppers. While inflation in the US is on a downward trajectory, having peaked in June 2022, 70% of American shoppers still plan to cut back on spending in 2023. However, 58% of U.S. respondents said a brand’s authenticity would make them less sensitive to inflationary price increases, rising to 66% of Millennials.
Renaud Marlière, Global Chief of Business Development of Asendia, commented: “Of course, we see that shoppers are acting with caution due to the rising cost-of-living, but invariably they are also consuming consciously and mindfully. Shoppers now want to engage and buy from brands who act authentically. Increasingly, shoppers are holding the retailers and brands they shop with to account - and it is clear that authenticity is now having a significant impact on share of wallet, revenue and loyalty.”
“Brands and retailers need to take control of their own destiny when it comes to shaping the authentic shopping journeys consumers are now demanding. Shoppers increasingly expect accountability and transparency from retailers, whether through greater transparency around supply chain emissions, delivery promises or offering low-carbon or carbon-neutral shipping options,” Renaud Marlière continued.
In 2022, Asendia announced it had reached 100% carbon neutrality through its carbon offsetting projects. It now offers carbon neutrality across all shipments carried out for international retail customers via its e-PAQ solution, a specialist range of international packet and parcel services designed for online retailers.
Despite a perceived assumption that younger demographics are driving the demand for greater sustainability, ESG, and Corporate Social Responsibility (CSR) – some key areas defining authenticity – America’s Silent Generation, those aged 76 years old or older, were the most likely to see an impact on spend with authentic brands (80%), closely followed by Baby Boomers (77%), the 57–75 year old age group, and then Millennials (76%).
Channel matters – the impact of DTC on authenticity perception Overwhelmingly, U.S. shoppers felt brands that operated Direct-To-Consumer (DTC) were more authentic than those retailers who just operated via marketplaces. 60% of American consumers felt that retailers that operated their own DTC channels were more authentic.
Combining global presence with local expertise, Asendia empowers online retailers to grow their cross-border operations by improving international shopping experiences. As well as its international parcel services and fulfillment solutions, it also offers sophisticated digital e-commerce platforms and solutions, including ESW, that deliver the seamless experiences online shoppers want when shopping DTC across borders, wherever they are located around the globe.
For further information on optimizing cross-border strategies for success and how brands can build international consumer relationships that better meet the needs of today’s shoppers, download the full report: ‘How To Sell Direct In The Age Of The Conflicted Shopper’. Asendia is committed to putting the customer at the center of everything it does, which is why it stands for trust, friendliness, and ease of use as the key pillars representing its core values. Research methodology Original research of over 8,000 global shoppers in the UK, U.S., Canada, Germany, France, Spain, Switzerland and Hong Kong. Each individual market polled had a sample size of over 1,000 shoppers. The research was conducted via online polling by Savanta on behalf of Asendia in February 2023.
Asendia is one of the world's leaders in international e-commerce and mail, delivering packages, parcels and documents to more than 200 destinations across the globe.
Combining the experience and expertise of our founding companies, La Poste and Swiss Post, Asendia brings together a wealth of international and local know-how. Asendia's expertise is broad reaching encompassing different aspects of e-commerce, from webshop software and marketplace management to international logistics. Asendia is committed to sustainability, offsetting all carbon emissions including first-mile collection, last-mile delivery, returns, and building emissions, machinery, and business travel.
Asendia employs over 1,500 people in Europe, UK, Asia Pacific and the USA - a global network blended with a local presence. www.asendia.com