That sales spike will generate a serious volume of toys, electronics and last-minute gifts moving through delivery networks.
Bain & Company tackled the seasonal numbers from a different angle and says U.S. holiday sales will top $1 trillion for the first time ever this year. Non-store sales will grow at 9%, versus 2.5% for in-store sales.
These early forecasts offer encouraging news for retailers heading into the year’s biggest selling season. They also up the ante for retailers: More online shopping means more items in the system, more customers tracking every step of the delivery and more data to capture now and use later.
The survey results are in, and delivery performance counts when it comes time to reorder from the same retailer. The latest Roadie “Customer Loyalty Survey Report” found that 85% consider on-time arrival within the expected window extremely or very influential to their delivery experience.
Item condition also matters, with 85% saying the condition an item arrives in strongly influences their delivery experience. That’s a lot of customer trust riding on your choice of delivery partner.
The stakes are even higher during the holidays, when “arriving tomorrow” is little comfort to someone heading empty-handed to a white elephant office party in a few hours. “Consumers don’t see the retailer’s delivery network as separate pieces,” says Roadie Chief Operating Officer Dennis Moon. “The delivery promise, how the retailer communicates, interactions with the driver and the condition of the item when it arrives are all one experience.”
The Roadie survey also found that 57% of shoppers would stop ordering from a retailer after two to four bad delivery experiences, while 7% would call it quits after just one. The bottom line: Any late deliveries or damaged items can have consequences long after the holiday decorations come down.
By the time the festivities wrap up, holiday sweaters are packed away for next year and returns start rolling in, most companies are already deep into the new year. Fresh budgets, new sales goals and January’s priority list all take precedence. It’s easy to let peak season data fall into the background, but there’s also a lot you can learn from it before the next rush, including:
Holiday data provides a broad view on these and other metrics, but key performance indicators (KPIs) help you drill down on exactly what happened during the rush, including what you did well and where improvements are needed.
As soon as you send out the last holiday goods, you’ll have a season’s worth of results to work with. Here are 10 KPIs to help you assess the season’s results, plus some tips on how to use what you learn:
If this sounds like a lot to measure, just start with a handful of KPIs that make the most sense for your business. Review the results with your team and delivery partners while everyone still remembers what happened during the rush.
Then, decide what needs attention and what you can do about it now. This will help you address recurring problems before another customer has to call about a late order or damaged delivery. You’ll have time to make changes and check the results before the next busy stretch.
Next Step: How Same-Day Delivery Impacts Retail ROI During Peak Season