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Millennials plan to stick with online shopping, says Report

Millennials, aged between 25 and 40, are showing a strong preference for online shopping even as brick-and-mortar stores rebound from the pandemic.

Published: Mar 26, 2023 1:54 PM

By Jeanel Alvarado

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Millennials plan to stick with online shopping, says Report

Millennials, aged between 25 and 40, are showing a strong preference for online shopping even as brick-and-mortar stores rebound from the pandemic. According to a recent survey by ESW, a global direct-to-consumer leader, over 27% of millennials plan to spend “significantly more” online and less in-store this year. In fact, 73% of millennial participants said they intend to spend “the same or more” online in 2023, with only 15% planning to spend less.

The early stages of the pandemic saw a massive boom in online shopping, but as physical stores reopened, many expected a resurgence in in-person shopping. However, millennials seem determined to continue their e-commerce habits.

The Millennial Shopping Habits Trend Report from CouponFollow reveals that 80% of surveyed millennials now do most of their shopping online, up from 60% in 2019. Additionally, 56% of them shop mostly on their mobile devices, an increase from 36% over the same period.

Saving money and finding deals remain the most important factors for millennial online shoppers, with 63% citing these as their primary motivations. A smooth checkout process (42%) and product recommendations (22%) have also become significantly more important since 2019.

Social media platforms like Facebook and Instagram have a considerable influence on millennial shopping habits, with 54% admitting that these platforms shape their purchasing decisions…

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Millennials plan to stick with online shopping, says Report

Millennials, aged between 25 and 40, are showing a strong preference for online shopping even as brick-and-mortar stores rebound from the pandemic.

Unlock the rest of this story

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