Public Relations & Social Marketing Insight
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Public Relations & Social Marketing Insight
Social marketing, PR insight & thought leadership - from The PR Coach
Curated by Jeff Domansky
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RetailWire Discussion: Amazon can be stopped

RetailWire Discussion: Amazon can be stopped | Public Relations & Social Marketing Insight | Scoop.it

Technology isn't simply something that helps Young People get something done, i.e. make a purchase quickly and efficiently. Technology and interactive media play a role in identity formation and lifestyle. Online shopping doesn't do this for people. It's merely a convenience.


Yet a growing body of research indicates stores that fail to play an influential role within digital channels where young people pre-shop, socialize, and participate in virtual communities first, won't get the sale in the end.


Young People want to do more than consume; they want to co-create, participating in the emerging sharing economy. With the rise of the makers and locavore movements, and even seemingly niche trends like the resurgence of home-based and craft brewing, it's time retail environments built on active consumption....

Jeff Domansky's insight:

A recent study published in the Journal of Consumer Marketing concluded that Millennials are "less likely to purchase online compared to their older counterparts." Do you see a major shift from passive to active retail?

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The Psychology of Online Buying

The Psychology of Online Buying | Public Relations & Social Marketing Insight | Scoop.it

“Most people can’t answer the simple question of why they want the things they want. That’s because our brain drives our decision-making process in ways that we’re not really aware of. “- Michael Fishman


Traveling through this digital world we’ve built for ourselves is a dizzying experience. We see certain structures and terminology that we are accustomed to from the physical realm (words like “pages”) but in another sense, it forces us to think and make decisions in entirely new ways. There’s a new psychological journey to be learned and perfected.


Our construction of (and obsession with) social media sites like Facebook and Twitter reflect attempts to streamline and reconstruct our already established social interactions, but inevitably there’s something unique and new established as well.


For the purposes of this post, I’d like to take a look at how this concept applies to shopping. More specifically, how the process of online shopping has changed the psychological journey one takes on their way towards making a purchase. This is important because over the past few years especially, shopping online has become the preferred purchasing method for the typical American consumer....

Jeff Domansky's insight:

Mike Whitney looks at the psychology of online buying.

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The Perfect Fit? TrueFit's Big Data Aims To Solve A Big E-Commerce Problem

The Perfect Fit? TrueFit's Big Data Aims To Solve A Big E-Commerce Problem | Public Relations & Social Marketing Insight | Scoop.it

The e-commerce shopping mall is littered with abandoned shopping carts.The e-commerce shopping mall is littered with abandoned shopping carts. Consider this: an average of 73.9 percent of carts don’t make it to the check out, according to the most recent data from SaleCycle. While it’s no surprise that the preponderance of discarded baskets are found in the travel industry (think: where some people are just comparison shopping for cheap flights or dreaming of luxuries they can’t actualize), coming in second is apparel.


“Only about 10 percent of apparel and footwear purchases happen online,” Romney Evans tells FORBES. The co-founder of TrueFit, a data analytics company, believes sizing plays a big part in consumers’ lack of confidence. Drapers Etail Report found that sizing problems accounted for more than 70% of fashion purchased online was subsequently returned...

Jeff Domansky's insight:

Can big data help you find the perfect pair of blue jeans? Maybe not, but it may help retailers solve part of the challenge of abandoned online shopping carts.

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Mobile devices corresponds to 50.3% of all traffic in Online Store | ESDS Software Solution

Mobile devices corresponds to 50.3% of all traffic in Online Store | ESDS Software Solution | Public Relations & Social Marketing Insight | Scoop.it

According to research based on an analysis of more than 100,000 e-commerce stores, 50.3% of the traffic in virtual shops are from mobile devices (being 40.3% from mobile phones and 10% from tablets) and only 49.7% from computers.


It may sound crazy, but the fact is that mobile commerce is already a reality. Also according to research, the Google search traffic comprised 18% of traffic from computers and only 12% for mobile phones.


These data seem to show that computers are being used for research products, while mobile devices for spontaneous purchases, which are instigated from Social Media, Email Marketing and SMS Marketing. The increase in purchases on mobile devices also brings another exciting trend, which we are calling “always buying”....

Jeff Domansky's insight:

The majority of online shopping is now coming from mobile. It's a powerful new force for retailers some càll "always buying."

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Consumers’ appetite for online shopping threatening omnichannel retailers | dotRising

Consumers’ appetite for online shopping threatening omnichannel retailers | dotRising | Public Relations & Social Marketing Insight | Scoop.it

Consumers are shifting spending online, with 71% of surveyed  consumers in UK and 61% in US, doing more than half their 2014 holiday shopping online, according to research by Wipro Digital.


This is a significant increase from 2013, when 45% in UK and 36% in US reported doing the majority of their shopping online.


This trend is set to continue with half of the surveyed consumers in US and UK saying that they plan to do more shopping, online in the 2015 holiday season, as compared to just 6% in UK and 4% in US who plan to increase their in-store shopping...

Jeff Domansky's insight:

More than half of Christmas shopping in the UK and US was done online. A significant benchmark that marketers need to pay attention to.

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