Consumer Use of Retail Mobile Apps Doubles

Today’s consumers use an average of four retailer apps on their phones, more than double the amount in 2017.

August 30, 2018

STAMFORD, Conn. – Mobile shopping is growing, in part because consumers are downloading retailer mobile apps at double the rate of last year and making more in-app purchases, according to findings from Synchrony, a consumer financial services company.

The mobile channel is becoming more critical for retailers, and time-crunched consumers are leveraging apps to buy, browse, check reviews, access coupons and locate a nearby store.

According to the Synchrony 2018 Digital Study, 67% of consumers have downloaded a retailer’s app. More than half of those did so specifically to receive a coupon or discount offer. Nearly half of consumers that have downloaded a retail app use it to make purchases.

“In today’s competitive landscape, a mobile application is not just another piece of technology for retailers. It is a vital tool to engage shoppers with their brand,” said Maya Mikhailov, senior vice president and chief marketing officer of GPShopper, a developer of mobile apps acquired by Synchrony in 2017.

As retailers develop more mobile apps, Synchrony suggests these tips for enhancing the customer experience:

  • Provide a consistent customer experience across all channels
  • Engage with customers in a personalized manner by leveraging data and analytics—provide unique offers and discounts via mobile to further extend brand loyalty
  • Offer simple, easy payment solutions that are seamless and secure
This is the eighth annual survey that Synchrony has conducted on digital shopping trends.
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