IDC Retail Insights Warns of Slowing eCommerce Growth in the Coming Years; More Insights to be Revealed at the New IDC eCommerce Conference in April

Leading European Retailers to Discuss Emerging Online Trends and 2012 Strategies at the IDC eCommerce-Focused Event

London, (PresseBox) - IDC Retail Insights warns of slowing ecommerce growth in the coming years, but a recent IDC survey shows that over 30% of European retailers plan to introduce social media tools for business purposes in the next two years.

Christine Bardwell, EMEA research manager, IDC Retail Insights, said, "Even in the more mature online markets, retailers today can expect online retail sales to outgrow store sales growth two or three times over. However, as the number of online shoppers and high-speed Internet penetration nears saturation, online growth will slow significantly and retailers will be required to build a two-pronged strategy - internationalization and improving conversion rates by focusing on the online customer experience."

Bardwell continued: "It is clear from our recent discussions that retailers are keen to learn more about ecommerce with the growing importance of accessibility, fully integrated user experience, and ease of use in the online sales channel. I am delighted that so many major retailers have shown a positive interest toward this event. We hope the IDC Retail Insights eCommerce Conference will help retailers gain a clear view of the latest developments and learn best practices with peers so they can make the right decisions to increase online revenue."

As the growth drivers of the past reach saturation for online retailers and the industry prepares to compete in a fiercely competitive environment, IDC Retail Insights announces the launch of its first ever event in London, focused on helping marketing and ecommerce professionals maximize online revenues, gain strategic insights, and share success stories to improve customer retention and enhance online experience.

With representation from leading online retailers such as Carphone Warehouse, Ted Baker, Debenhams, Astley Clarke, Marks and Spencer, and John Lewis PLC, this networking event will offer retailers a clear view of trends, changing habits of online consumers in 2012, and a better understanding of ecommerce strategies that work.

Event dates and location: April 26, 2012, Hilton Mayfair, London

Event Web site: www.uk.idc.com/ecommerce

IDC Central Europe GmbH

IDC Retail Insights assists retail businesses and IT leaders, as well as the suppliers that serve them, in making more effective technology decisions by providing accurate, timely, and insightful fact-based research and consulting services. Staffed by senior analysts with decades of industry experience, our global research analyzes and advises on business and technology issues facing the retail industry. International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology market. IDC is a subsidiary of IDG, the world's leading technology, media, research, and events company. For more information, please visit www.idc-ri.com or email info@idc-ri.com. Visit the IDC Retail Insights Community at http://idc-insights-community.com/...

Press releases you might also be interested in

Subscribe for news

The subscribtion service of the PresseBox informs you about press information of a certain topic by your choice at a choosen time. Please enter your email address to receive the email with the press releases.

An error occurred!

Thank you! You will receive a confirmation email within a few minutes.


I want to subscribe to the gratis press mail and have read and accepted the conditions.