Consumers' shopping expectations have skyrocketed. They effortlessly navigate through online channels, apps and websites to find the right product. They demand fast shipping, easy returns, sustainability and more, showing little loyalty and appreciation. According to McKinsey, these are today’s 'Zero Consumers.'
In today's fast-paced world of online commerce, where every click and scroll counts, retailers are discovering that the age-old adage "a picture is worth a thousand words" has taken on a whole new meaning. The emergence of the "zero consumer" is sending ripples through the retail landscape, reshaping the rules of the game and redefining how products are perceived, evaluated and ultimately purchased.
Visual imagery has become the linchpin of this transformation. It's not just about showing off a product; it's about crafting an experience that resonates with shoppers on a profound level. Retailers are realizing that the art of visual presentation is a potent weapon in their arsenal, capable of influencing consumer engagement and boosting sales in ways that mere text descriptions and technical specs simply cannot achieve. Indeed, in a recent Dimensional Research survey of more than 100 retail executives, 91 percent reported that great imagery has a clear positive impact across performance metrics.
Consider this as consumers embark on their online shopping journey: their first interaction with a product is often through its visual representation. A well-captured image showcasing the product from various angles and even in a real-world context can captivate and entice. It's the virtual equivalent of holding a product, feeling its weight, and assessing its quality. As the saying goes, "Seeing is believing," and in online retail, the visual experience is the bridge that connects the digital realm with the tactile reality.
A recent survey conducted among a diverse group of over 1,000 U.S. consumers sheds light on the undeniable influence of visuals. A staggering 69 percent of respondents said lifestyle images held more sway over their attention when shopping online, trumping the traditional pack-shot approach. This insight underscores the significance of not just presenting a product but portraying it in a relatable and aspirational context that resonates with consumers' desires and lifestyles.
Furthermore, the survey revealed another crucial aspect: the power of multi-angle views. A considerable 65 percent of participants indicated that their purchasing decision was more likely when they could inspect a product from different perspectives. In a world where shoppers can't physically touch or feel a product before purchase, these visual cues become invaluable in bridging the gap between virtual exploration and real-world satisfaction.
However, the impact of visuals doesn't end at the point of purchase. It extends to post-purchase satisfaction and brand loyalty. Consumers have become increasingly discerning and demand authenticity. When the product they receive deviates from the online imagery, disappointment ensues. A staggering 83 percent of shoppers revealed that they would return a product if it didn't match the online image, and a significant 72 percent stated that they would think twice about shopping at the same retailer again. This highlights the crucial role that accurate and enticing visuals play in building trust and fostering lasting customer relationships.
Zero Consumers Demand a New Shopping Experience
The rise of the zero consumer adds a new layer of complexity to this visual landscape. These astute shoppers are rewriting the rules, demanding a multifaceted shopping experience transcending traditional channels. No longer confined to a single avenue, they scour retailer websites, apps, social media, and online reviews to form their purchasing decisions. The era of "zero boundaries" has ushered in a fragmented purchase journey where consumers draw inspiration and insights from various digital touchpoints before making their choices.
The phenomenon of "zero in the middle" further reinforces this dynamic. Consumers are polarizing their spending behaviors, oscillating between frugality and indulgence. A recent research report from Nfinite indicates a tightened consumer budget, compelling a proactive search for savings and discounts. A noteworthy 66 percent of consumers actively seek product discounts, 56 percent plan to shop in discount stores, and 42 percent anticipate capitalizing on sales events like Black Friday and Cyber Monday. The divergence is affirmed by Deloitte, which underscores that 46 percent of consumers intend to splurge on sources of joy. Navigating this trend, retailers must align their offerings to cater to both ends of the spectrum, tapping into the thrifty sensibilities of deal-seekers while also appealing to those seeking “treat yourself” experiences.
Redefining Visual Content to Connect With Consumers
In response to the zero consumer wave, retailers are redefining their strategies to match this shift. Crafting compelling visual content that resonates with different consumer segments, showcasing product angles, lifestyle contexts, and engaging narratives has become a cornerstone of success. Retailers aren't merely selling products; they're telling stories that connect with consumers on an emotional level, appealing to their aspirations, values and desires.
In this landscape, the significance of sustainable practices and eco-consciousness cannot be overlooked. The "net zero" concept has gained prominence, with consumers not just talking about sustainability but actively seeking it out in their purchases. Gen Z, in particular, is placing a premium on sustainable business practices, with 91 percent of them citing it as a factor influencing their brand choices. Retailers that embrace sustainability and integrate it into their visual storytelling stand to tap into this growing consumer sentiment and forge a stronger connection with environmentally conscious shoppers.
The zero consumer has unleashed a seismic shift in the retail landscape that can somehow be helped by innovative visual imagery. The digital age demands an immersive and compelling visual experience that transcends traditional boundaries and resonates with the diverse preferences of modern shoppers. Retailers that adeptly wield the power of visuals to capture the essence of their products and create narratives that engage and inspire are poised to thrive in this dynamic and ever-evolving retail ecosystem. The 'zero consumer' phenomenon isn't just a challenge; it's an opportunity for retailers to rethink, reimagine and reinvent their visual strategies, ushering in a new era of customer engagement and brand loyalty.
Peter McCall is chief marketing officer of Nfinite, a company that enables top brands and retailers to create powerful, customizable product imagery at scale.
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Peter McCall is Nfinite’s chief marketing officer. He was most recently Head of Marketing at Lilt, a Series C SaaS startup based in San Francisco that has raised more than $93 million in funding. Prior to Lilt, he led marketing for Manufacturing Cloud at Salesforce, the world’s largest SaaS company. Prior to Salesforce, he worked in product marketing, venture capital, and corporate strategy, all with a focus on SaaS.