Vietnam’s retailers accelerate shopping experiences to meet consumer demand

May 10th at 15:13
10-05-2021 15:13:50+07:00

Vietnam’s retailers accelerate shopping experiences to meet consumer demand

Mobile orders have been instrumental in helping maintain social distancing and adherence to local guidelines.

Vietnam’s retailers have focused on accelerating shopping experiences to meet consumer demand both in-store and online.

Vietnamese consumers are familiar with online shopping. Photo: Phuong Thu

The latest Zebra’s annual study revealed the finding after analyzing the attitudinal behavior of shoppers, retail associates and retail executives, and examining the retail and technology trends impacting shoppers’ purchasing behavior in North America, Latin America, Asia-Pacific, Europe and the Middle East.

The study found that, in Asia Pacific including Vietnam, retail decision-makers and store associates have seen a dramatic increase in the need for convenience and efficiency as the pandemic has catapulted shoppers’ usage and affinity for mobile ordering and smart checkout solutions.

Mobile orders from smartphones and tablets have seen tremendous growth and been instrumental in helping maintain social distancing and adherence to local guidelines. “Seventy-two per cent of surveyed shoppers have ordered from mobile devices and 82% of them are highly likely to continue using it,” the study wrote.

Millennials (88%) and Gen X (79%) shoppers were the primary users of mobile ordering but nearly half of Boomers (47%) used it too, and 74% of them are likely to continue using it in the future. 

Half of surveyed shoppers have interacted with self-checkouts in the last six months and more than 60% agreed the self-checkout solutions provide an improved customer experience. While agreement is highest among Millennials at 73%, 66% of Gen X shoppers and 50% of Boomers have also realized an improved customer experience from self-checkout solutions in 2020. 

“Meanwhile, 86% of retail decision-makers and 71% of store associates agree self-checkouts improve the customer experience. Almost nine-in-10 decision-makers and more than seven-in-10 associates believe self-checkouts freed employees up to do higher priority tasks and better serve customers while helping meet health and safety mandates and protocols,” the study wrote.

Changing to be winner

Soya Garden closes nearly 30 outlets in Hanoi and HCMC. Photo: Soya Garden

In Vietnam, retailers in the food & beverage (F&B) market have changed to adapt to the new normal period as well as the shopping behavior. F&B retailers have closed a series of large-scale outlets in big cities including Golden Gate - the Vietnamese owner of restaurant chains, Tokyo Deli and Daruma - the Japanese restaurant chains, and the Vietnamese organic soya chain Soya Garden. 

Instead, the chains have focused on providing online services to accelerate shopping experiences for customers. Soya Garden is shaking hand with its tech partners to boost take-away orders as well as plans to develop new small outlets or kiosk, and remains best outlets meeting the consumer demand.

According to Hoang Tung, Founder & CEO of Pizza Home, Covid-19 made the sector difficult but many large retailers in Vietnam had quickly adapted to the new situation. “However, they need to focus on improvement of experience and convenience in their long-term strategy,” he told Hanoitimes.

“Retailers in Vietnam are aware the success hinges on elevating the shopper experience,” said Tracy Yeo, Country Lead for Vietnam, Zebra Technologies Asia Pacific.

She added that investments in analytics, mobile ordering and smart checkout will provide a more seamless and satisfying omnichannel experience. The Zebra study found that shoppers’ in-store and online satisfaction significantly declined in 2020 due to out-of-stocks, product variety, online delivery cost and timing and returns.

Hanoi Times





RELATED STOCK CODE (1)

NEWS SAME CATEGORY

KOTRA intensifies efforts to facilitate Vietnam-RoK trade

Lee Jong Seob, president of the Korea Trade-Investment Promotion Agency (KOTRA) in Southeast Asia and Oceania cum general director of KOTRA Hanoi, told reporter Van...

Bright growth outlook for Viet Nam in 2021: Experts

Leading economists have an optimistic growth outlook for Viet Nam in 2021 despite the COVID-19 pandemic.

VEPR forecasts 6-6.3 percent economic growth in 2021

According to the Vietnam Institute for Economic and Policy Research (VEPR), the Vietnamese economy is projected to grow 6-6.3 percent this year.

Increase in Viet Nam – Belgium trade brings more opportunities for investors: Experts

The vietnam-briefing.com published by Dezan Shira & Associates – a consultancy firm on foreign investment in Asia – has run an article, emphasising that since the...

Localities asked to minimize social distancing impact on socioeconomic development

Prime Minister Pham Minh Chinh said local governments should minimize the impact of social distancing on socioeconomic development, ensure the regular...

40 pct of small businesses lay off staff due to pandemic: Facebook survey

Forty percent of small and medium-sized businesses in Vietnam laid off employees due to the Covid-19 pandemic, a Facebook survey has found.

Foreign investors maintain interest in Vietnam

Despite a year-on-year slip in foreign direct investment (FDI) to Vietnam in the first four months of the year, foreign investors still signed major deals in the...

Shoppers want seamless store-online experience: survey

Shoppers world-wide expect a seamless experience between stores and online and are increasingly shopping on the internet, according to a report by Zebra...

Pandemic gives push to digital transformation, SMEs urged to join in the race

The COVID-19 pandemic has sped up the process of digital transformation in businesses, experts said, and has urged companies to consider their own resources and...

Viet Nam should continue support for vulnerable groups to ensure growth: IMF official

Viet Nam will record positive economic growth in 2021, at about 6-7 per cent, if the country continues to support vulnerable groups in the economy and carries on...


MOST READ


Back To Top