Sure, consumers will use online research to direct their online purchases. But they’re also going to take the knowledge gleaned and apply it to offline shopping as well.
According to a consumer survey, 58% of adults plan to conduct research online during this year’s holiday season, and 43% plan to make both online and offline purchases based on that research.
Men are more likely to research online before buying a product: 33% of those surveyed do research online always or most of the time, as opposed to 22% percent of the women.
Ninety percent of consumers who research purchases “always” or “sometimes” end up buying the exact brand they researched.
Seventy seven percent who search online make a purchase when they decide to go to a brick-and-mortar store. Once at the store, 52% are likely to purchase the item they researched, while another 18% are likely to purchase the item and additional items.
Separately, Performics issued a list of 10 basic strategies geared toward maximizing holiday online revenue:
- Centralize and prominently position free shipping offers: shoppers flock to these
- Create a sense of urgency: remind shoppers of the number of days until Christmas
- Create a suggestions page: provide gift recommendations segmented by price/recipient
- Inspire impulse holiday purchasing: showcase top sellers, editor’s favorites, etc.
- Make finding merchants and merchant offers simple: visibility leads to conversion
- Aggressively promote sale offers: segment deals by percentage/dollar off, just added sales, soon to expire sales, etc.
- Remember last minute shoppers: highlight gift certificates during final shopping days
- Ensure timely delivery: note stock status/shipping availability at merchant/product level
- Support the brand: provide shoppers with comprehensive contact information, including FAQ locations and store-based information
- Think long term: collect email opt-ins for future alerts, newsletters, etc.
The survey was conducted via telephone among 1,053 adults aged 18 and older between Oct. 20-23.