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Bricks and Mortar v Online Retailing

Bricks and Mortar v Online Retailing

In their report entitled “Total Retail 2015: Retailers and the age of Disruption”, PricewaterhouseCoopers surveyed more than 19,000 online shoppers in 19 different countries and across six continents.   As online shopping continues to grow at the expense of store visits, four disruptive forces PwC focuses on include the evolution of the store, mobile technology, social networks and demographic shifts.

Of the global sample, 36 per cent shops at a physical store weekly while 20 per cent purchase online via their PC, 11 per cent purchase online via their mobile phone and 10 per cent purchase online via their tablet. In addition, consumers are increasingly using mobile phones in-store to compare prices and product specifications and to seek recommendations from trusted sources.

Security remains a significant issue with 66 per cent of the sample being concerned about having their personal credit information hacked while using a mobile phone.

In terms of shopping online at least once per month, the sample from China takes the gold medal with 96 per cent, and this is followed by the UK and Germany on 81 per cent, India on 78 per cent, while the US comes in fifth place at 72 per cent.

I’ll let Andrew Macken discuss the Alibaba (BABA.US) thesis another day, suffice to say that mobile transactions now account for more than half the company’s gross merchandise value.

To learn more about our funds, please click here, or contact me, David Buckland, on 02 8046 5000 or at dbuckland@montinvest.com.

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Chief Executive Officer of Montgomery Investment Management, David Buckland has over 30 years of industry experience. David is a deeply knowledgeable and highly experienced financial services executive. Prior to joining Montgomery in 2012, David was CEO and Executive Director of Hunter Hall for 11 years, as well as a Director at JP Morgan in Sydney and London for eight years.

This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.

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