Thursday, January 14, 2010

The Holiday Retail Darling: Online shopping


Oh, glorious online shopping! How much do we love thee? Well, we love thee to the tune of a 17.7% increase in online sales in the month of December 2009. Growing comfort with online shopping, less than stellar sales and merchandise at the store level, and a winter storm that crippled the East Coast sent shoppers online in record numbers. Furthermore, online retailers are being credited for using social media in a relevant fashion to lure online shoppers into becoming online purchasers. Oh yeah, and don't forget that FREE shipping!

Speaking of comfort, that's one of the many reasons consumers told us they were going online instead of going to the mall this past holiday season. Here are the top reasons for holiday shopping online:
  • Comfort of shopping from home (some, admittedly in their PJs!)
  • Bigger selection of merchandise
  • User friendly website experience
  • Free shipping
  • Ease of comparison shopping
  • Saves time
  • Better sales
  • Saves "other" money

Saves "other" money? Yep. Folks told us that they incurred additional costs when they go to stores instead of shopping online. Gas, food and beverages, and unnecessary purchases bought out of temptation rather than true need were at the top of the list of these "other" costs. According to one shopper it's as easy as this:

"I can just click on the sale section instead of having to weave my way through the stores, and perhaps be tempted to buy other items I don't need."

It's clear that the online holiday shopping season was a success, but did you know that satisfaction levels of the online shopping experience improved as well? Not only are folks gaining comfort shopping online, but it looks like the customer service experience is gaining traction as well.

No surprise that Amazon was the big winner in customer satisfaction with a whopping 87% saying they had a good experience with the online retailer. As the good research types at ForeSeeResults pointed out positive customer satisfaction impacts future purchase intent, customer loyalty, market share, and brand image of the retailer. Positive word-of-mouth recommendations are more likely to follow.

To download a free report, see ForeSee Results Holiday E-Retail Satisfaction 2009.

[photo credit: Danilo Rizzuti / FreeDigitalPhotos.net]

1 comment:

  1. Very well explained about advertising, now a days people are giving more preference to online marketing than tv advertising.

    ReplyDelete