BOSTON – September 29, 2021 – Salsify, the Commerce Experience Management (CommerceXM) platform empowering brand manufacturers, distributors, and retailers to win on the digital shelf, and Vizit, a visual brand performance platform, announced the findings of Winning Elements of Grocery Product Pages: Benchmarks for Amazon, Kroger, Target, and Walmart. This research, conducted from January through July of 2021, analyzed the top and bottom performers across 100,000 live grocery product detail pages on four retail giants.
Online grocery sales grew 54% in 2020 and are expected to exceed $187 billion by 2024, which is forcing brands to dramatically rethink digital shelf strategies to capture their share of this market. The report identifies specific steps and recommendations based on what grocery items shoppers click and buy on Amazon, Kroger, Target, and Walmart ecommerce sites.
Key findings include:
“For grocery brands, product pages must serve the entire customer buying journey,” said Cara Wood, Director of Brand Journalism, Salsify. “This research demonstrates that the details matter, from selecting the right photography to the product descriptions to quality user reviews. The right digital experiences increasingly power all aspects of commerce.”
“People shop with their eyes, and images are some of the most effective sales tools brands have along the path to purchase,” said Jehan Hamedi, CEO of Vizit. “To stand out and win on the digital shelf, companies need to optimize visual content and harness the power of their imagery to drive commerce with online consumers.”
There is a natural correlation between the time and investment a retailer has made in ecommerce and the robustness of the product detail pages. Amazon and Walmart have had dedicated grocery digital teams since 2006 and 2007, respectively. Target’s ecommerce push for groceries came in 2014, and Kroger started in 2014 and recently increased investments in 2018. As more grocery shoppers rely on what they find online to shop, retailers newer to the ecommerce space are watching the tactics of early adopters. Shoppers choose based on convenience and available information. For example, 53% of shoppers ranked "quality of images and product descriptions online" as one of their top 3 most important factors when choosing where to shop, according to Salsify's 2021 Consumer Research Report.
For additional information and to download the complete reporter, visit: https://www.salsify.com/resources/content-winning-elements-of-grocery-product-pages
Salsify helps brand manufacturers, distributors, and retailers in over 80 countries collaborate to win on the digital shelf. The company’s Commerce Experience Management (CommerceXM) platform serves as the system of record for products, accelerates time to market for products, facilitates cross-team and cross-organization collaboration at scale, and provides the insights needed to optimize product pages across channels continuously. The result is shopper-centric, frictionless, and memorable commerce experiences. Great commerce experiences that are delivered efficiently improve brand trust, amplify product differentiation and assortments, increase conversion rate, improve profit margins, and speed time to market. Learn how the world’s largest brands, including Mars, L'Oreal, Coca-Cola, Bosch, and GSK, as well as retailers and distributors such as E.Leclerc, Carrefour, Metro, and Intermarché use Salsify every day to stand out on the digital shelf.
Vizit is the world’s only visual intelligence company. Designed by leading experts in AI and computer vision, Vizit’s revolutionary Visual Brand Performance Platform helps companies measure, understand, and optimize their Visual Brands to drive more sales, engagement, and connection with their target consumer audiences. Powered by patented visual AI technology and a proprietary database of 1+ Trillion visual cues that influence consumer behavior, The Vizit Platform enables the world’s top consumer brands to “see through the eyes” of their consumers in real-time to create the most powerful Visual Brands and Visual Experiences. For more information, please visit www.vizit.com.