Thursday, June 28, 2007

Another dimension to interactive marketing...

Marketing is all about consumer education, communication the value proposition when she is most receptive and differentiating within the competitive landscape. Study Places Value On Marketing At Consumer Research Stage - MediaPost article.

Couple nuggets...
  • CONSUMERS SPEND 10% MORE FOR televisions and digital cameras they buy in stores when they research these purchases online first using a search engine.
  • the brand experience begins well before the shopper walks into the store
  • The Internet was the top resource for researching digital cameras and televisions, with 75% of those who researched a purchase beforehand going online to do so. The leading online resources were retail Web sites (73%), manufacturer Web sites (68%), and search engines (49%); 55% of the people walk into the stores with specific brands in mind; 80% of these consumers who do product research before hitting the store end up buying one of the brands they were originally considering; remaining 20% said in-store salespeople were highly influential; 75% didn't know the model they wanted when they got to the store
  • Purchasers who used search engines spent on average $31 more on digital cameras and $139 more on TVs. This group used twice as many research sources (5.7 sources) as non-searchers (2.5 sources)