Though several of the largest smart speaker developers—including Amazon, Google, and Apple—and other retailers hope to entice more shopping and buying via voice, consumers are not nearly as enthusiastic. As a result, we have downgraded our forecasts for smart speaker shoppers and buyers from previous years.
In 2020, we expect 30.7 million people in the US ages 14 and older will be smart speaker shoppers, accounting for 13.4% of digital shoppers. Those figures will experience slow increases through 2022.
If the number of people who shop via smart speakers seems low, the number who actually make purchases is even lower. Some 22.7 million people will use smart speaker voice commands to purchase goods or services at least once this year. This translates to 26.0% of smart speaker users, 11.1% of digital buyers, and 8.2% of the population.
Additional research confirms that most people who dabble in voice shopping only do so on the margins. Our September 2020 "Ecommerce Survey," conducted by Bizrate Insights, revealed that just 2% used voice shopping regularly, while 63% said they’d neither used it nor had any interest, up from 58% in our June 2020 survey. It also found that 9% had made purchases via their smart speaker (up 3 percentage points since June) and 22% said they’d asked for product recommendations using their device (up 4 percentage points). Just 14% added products to their shopping cart and checked out on another device (down 1 percentage point), and 12% had reordered products they’d purchased before (down 3 percentage points).
These statistics further reinforce that consumers are not regularly shopping or buying via smart speaker, especially when they have no screen and it’s difficult to see what’s being purchased. However, in one slightly brighter spot for voice commerce, 17% of smart speaker owners ages 18 to 34 had made a smart speaker purchase, and 15% had used their device to reorder products they’d bought previously.
“While brands haven’t yet cracked the code on how to drive more voice shopping and buying, the number of voice assistant users is rising, and most industry practitioners believe voice has significant untapped marketing potential,” said Victoria Petrock, eMarketer principal analyst at Insider Intelligence and author of our new report, “Voice Assistant and Smart Speaker Users 2020.”
“As voice technology continues to evolve—and as more people embrace it—brands are exploring new ways to reach users, enhance customer experiences, and drive new behaviors and habits,” she said.
For example, brands may someday be able to use advanced voice tech to determine—and even anticipate—a customer's intent during a search query and then personalize results to reflect exactly what is wanted or needed at that moment. Voice may also help improve the way they interact with customers, providing more seamless, conversational customer journeys that shepherd them through purchase funnels, customer service encounters, and other types of payments and transactions.
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