Google AI
The Times Australia

Q1 2021 appcommerce growth continues apace

The inaugural quarterly App Shopper Index from poq reveals the pandemic's catalytic effect on consumer appetites for shopping in-app shows no signs of slowing

LONDON, May 20, 2021 /PRNewswire/ -- Even with social restrictions eased in some countries and non-essential stores reopening, brand-new appcommerce research from poq indicates the growth trend among consumers for mobile shopping is set to continue through 2021.

The App Shopper Index Report Q1 2021, published today by poq Commerce[1], tracked in-app retail shopping activity growth in line with the record-breaking $32 billion spent on in-app purchases across Apple's App Store and Google Play globally, according to App Annie[2].

Analyzing exclusive in-app retail shopping purchase data gathered from some 50 poq-powered native iOS and Android apps, poq tracked a 63.6% increase in downloads during the first quarter of 2021 compared to the same period last year.

User base differences narrow

However, the difference in relative importance between the two dominant app stores is rapidly narrowing, where Android app download growth outstripped iOS by a factor of three. But this also translated to an overall increased app store conversion rate of 39.3% year-on-year (YoY).

While consumers have been downloading and engaging through mobile shopping apps at a faster rate during Q1, as users they also converted at a rate that was also 37.7% higher than the same period last year.

The data also found iOS users were still the most valuable shoppers, where their average order value (AOV) rose by 10.5%. But the sheer growth in volumes of Android users embracing appcommerce cannot be ignored, where sessions per Android user increased 3.6%.

"Our first poq App Shopper Index clearly shows appcommerce is no longer a luxury, but a must-have for retailers wanting to offer their customers the most immersive and engaging digital flagship shopping experiences," said Helen Slaven, Chief Revenue Officer, poq. "Our research also confirms that consumers are using native shopping apps not just to browse more, but to buy more too."

Contact poq[3] to get exclusive access to poq's App Shopper Index Report Q1 2021.

About poq

Poq is a MACH Alliance-certified[4] Software-as-a-Service (SaaS) platform that empowers retailers to create highly effective and fully-customized mobile apps that provide a superior shopping experience. These apps allow retailers to build stronger brands, sell more products, deepen customer loyalty and deliver highly relevant content, communications and rewards. Poq clients include global brands and retailers, such as Belk, Cotton On, Ardene, Cotton Traders, Hot Topic, Surfstitch, Card Factory, and more. To learn more, please visit poqcommerce.com[5].

 

References

  1. ^ poq Commerce (poqcommerce.com)
  2. ^ App Annie (www.appannie.com)
  3. ^ Contact poq (www.prnasia.com)
  4. ^ MACH Alliance-certified (poqcommerce.com)
  5. ^ poqcommerce.com (poqcommerce.com)

Read more https://www.prnasia.com/story/archive/3384088_AE84088_0

Business Times

Jules Robinson Joins Bevilles for New “Jewels by Jules” Collabora…

The television personality and style favourite has curated her own jewellery edit and will front a new educational series tak...

Eat.com.au is for sale: The domain name is already the brand

An Australian food business could begin with this domain name, one that needs little explanation. The potential is right th...

Top doctors tip in another $3.5M into AI medtech capital raise

Medow Health AI ip in another $3.5M into AI medtech capital raise Medow Health AI, the Australian health-tech company buildin...

Technology

Australia leads APAC in AI ROI, des…

Notion appoints Tom Karemacher as ANZ General Manager to close the AI confidence gap as 61% of decis...

Local News

Fitstop Global Games to Bring 1,000…

The Australian-born fitness brand is bringing its global competition home, with athletes from across...

Culture

Noodle Box Marks 30 Years of Noodle Box Energ…

After launching $7.95 pricing across four of its most loved main boxes for National Noodle Day on ...

Travel

School holiday pricing: fair market economics…

Every Australian family with school-aged children knows the pattern. Look at an airfare, hotel ro...

The Times Features

Watching other people live: why we keep coming back to …

We arrive to watch a journey, a renovation or a different way of living. Somewhere along the way, ...

Noodle Box Marks 30 Years of Noodle Box Energy With $7…

After launching $7.95 pricing across four of its most loved main boxes for National Noodle Day on ...

The Block 2026 Properties Highlight New Tax Divide for …

The five Mount Eliza properties featured on The Block 2026 are a high-profile example of how Austr...