Over 70% of automotive OEMs now offer
a seamless online car sales experience
For the third year in a row, we have monitored and assessed the development of new car online sales, and each year, we have seen an increasing number of online stores. The pandemic in 2020 may have triggered the online sales trend for new cars, but a fundamental and sustainable shift in car buying has now occurred. Original Equipment Manufacturers (OEM) have made considerable efforts in e-commerce, digital services, and customer experience, and advances in information technology, social change, and business trends have reinforced the observed developments.
70%
Over 70% of automotive OEMs now offer
a seamless online car sales experience
Providing a positive customer experience throughout the customer journey is gaining importance. Enabling customers to buy a car online creates new opportunities for implementing other digital services, such as a seamless digital customer journey to compete in the online car market.
Similar to the studies in previous years, the results showed that while most OEMs are enhancing the customer experience of their online shops, there is still room for improvement. Only two assessed brands provide the opportunity to purchase a car configured by the customer online. While almost all OEMs offer extensive functionalities in the pre-sales phase, the digital customer journey stops at the transition to sales in nearly 30% of OEMs. Therefore, this year’s study covers the emerging integration of digital apps and services along the customer journey, where customers want more flexibility, individualization, and sustainability.
With e-commerce revenues hitting new highs year after year, OEMs need to ask themselves how to keep pace and even outdistance their competition in the automotive industry and beyond. This study assesses the current online sales performances of major OEMs and identifies where they need to improve to catch up with competitors and differentiate themselves. OEMs must make significant investments to successfully transform sales channels and provide seamless and outstanding customer journeys to be and stay competitive. Becoming a champion of online car sales means freeing up the necessary resources, and for that, it helps to know one’s position – this benchmarking analysis does exactly that.
Read the full report to find out more:
Assessed markets: UK, USA, CHN, GER, ITA, FRA, ESP
Top10 automotive OEMs in each market from sales, market share and registrations
17 customer touchpoints in pre-sales, sales and handover
91 online shops worldwide
Key facts