India’s digital landscape is booming, with 830 million internet users, 750 million smartphone users, and 220 million online shoppers—a figure expected to grow to 427 million by 2027. For retail business owners, these numbers represent an immense opportunity. These online users are your “Digital Customers.”
To serve these digital customers effectively, understanding their consumer psychology and purchase behavior is crucial. Here’s how you can better navigate the evolving retail space:
The Basics of Consumer Behavior
As online shopping grows, digital consumer behavior—actions like e-commerce transactions and social media interactions—has become central to understanding retail customers. Indians now spend over six hours daily online, and 42% of this time is spent looking at screens even while walking. Retailers must align their strategies with these behaviors to boost brand awareness, engagement, and conversions.
Key Online Activities of Indian Digital Consumers
A study by Deloitte highlights eight activities that define online consumer behavior:
Feed: Scrolling through personalized news, videos, and music feeds.
Read: Researching topics like health tips, cooking, and home décor.
Learn: Taking online courses and accessing educational content.
Choose: Exploring options for major decisions like jobs or homes.
Socialize: Engaging via social media and instant messaging platforms.
Shop: Browsing and buying goods or services online.
Finance: Managing payments and investments through fintech apps.
Sell: Using online marketplaces to sell products or services.
By analyzing these behaviors, retailers can refine their strategies and create impactful customer experiences. For deeper insights, tune into a Retail Podcast or explore guides focused on Consumer Psychology and Retail Customer trends.
Your success in the digital age hinges on understanding and adapting to these behaviors.
For the full version of this success story, please view the Podcast.
