CHART: Chile, Singapore among the most price-sensitive e-commerce countries

E-Commerce Chart Of The Day Chile, Singapore among the most price-sensitive e-commerce countries Cooper Smith | February 29, 2016 Want to receive more charts, research, reports, and data from BI Intelligence? Learn More Now » Low prices are a major factor driving consumers to shop online. Globally, 43% of consumers say they shop online because it's cheaper than shopping in stores, according to a PricewaterhouseCoopers survey. But shoppers from some countries are more price-sensitive than others.  Consumers from Chile, Turkey, Singapore, and Brazil are the most price-sensitive, according to the survey. More than half of the shoppers in those countries say low prices is what drives them to shop online.   Shoppers from South Africa, Switzerland, and the United States are the least price-sensitive. Less than one-third of consumers in those countries say they shop online for the low prices.  Retailers that compete mostly on price should appeal to cost-conscious shoppers abroad. In countries where shoppers are less concerned with finding the best deal, retailers might benefit more from focusing on convenience and service.  Get Daily Industry Insights with the INSIDER Newsletters from BI Intelligence Do you need to stay ahead of the latest trends in digital? Subscribe to the daily INSIDER newsletters covering mobile, digital media, e-commerce, payments and the Internet of Things. Select your INSIDER edition or subscribe to all five. Get started today » Click here to start your subscription today » Did someone forward you this email? Add your email address to our list and receive the E-Commerce Chart Of The Day in your Inbox. It's free! Copyright © 2016 Business Insider, Inc. All rights reserved. The email address for your subscription is: Manage your email preferences   |   Unsubscribe Business Insider RSS Feed   |   Terms of Service   |   Privacy Policy Business Insider. 150 Fifth Ave, New York, NY 10011