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Learn the insider's tricks and techniques to super-charge your company's marketing operations, build up your market share, make more sales through repeat business and customer loyalty, and prove your marketing's true worth through analysis and reporting.

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Large retailers break holiday satisfaction records

Customers of the largest online retailers are more satisfied than ever this year, according to ForeSee Results' annual 'E-Retail Satisfaction Index' report on holiday shoppers.

For the 2009 holiday shopping season, the US index surged by 7% (to 79 on a 100-point scale), reaching a new all-time high. Web sites for Macy's, SonyStyle, The Gap, The Home Shopping Network and Overstock.com posted the greatest increases in satisfaction year-on-year, with all five registering increases of 10% or more.

"The fact that 'price is priority' this year is a reflection of difficult economic times, but e-retail continues to be the bright spot in a dark retail environment, with last year's declines proving to be the anomaly," said Larry Freed, president and CEO for ForeSee Results. "But those gains aren't necessarily shared across the board. These are the biggest retailers on the web, and they've got the ability to invest in the web channel and even meet the price points that consumers are looking for in this economy. Smaller and midsized e-retailers may not be so lucky."

Amazon scored 87 and led the e-retail pack once again, improving by 4% since 2008 and setting a new high score for the index. Eleven e-retailers scored over 80 (which is generally considered the threshold for excellence in studies using this methodology) and none scored below 70. Several companies posted huge improvements, with the most improved among them include Macys.com (up 13% to 79), Gap.com (up 10% to 76) and Overstock.com (up 10% to 76).

The study observed that, compared to a dissatisfied shopper, a highly satisfied online shopper is 65% more likely to purchase online, 44% more likely to purchase offline, 70% more likely to recommend, and 49% more likely to return.

The report also identified which website elements would have the most impact on overall satisfaction if improved. For most companies, improving price (either actual prices or consumers' perceptions of price) ranked higher than merchandise and functionality as customer priorities, although priorities do differ according to company and category.

Sources: ForeSee Results / The Marketing Factbook.
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Have you seen The Marketing Operations Playbook?

The Marketing Operations Playbook walks you step-by-step through the techniques, metrics, reporting, analysis, marketing models, technologies, tools and innovations for successful marketing strategies - both traditional and emerging - with expert guidance from thought leaders in every major market.

Find out the best ways to gather, analyse, and act on customer data to increase profitability, build your brand, empower your customers, beat the competition, reduce churn, and increase customer profitability. This is the marketing book you can't afford to be without.

Find out what works - and what doesn't - and who's succeeded, and how they did it. See how the world's top brands keep their competitive edge against all odds.

This comprehensive and practical guide to the latest ideas in marketing operations hands you over 200 packed pages of strategy, best practices, do's and don'ts, practical know-how, facts and figures, and ideas to optimise your marketing strategy, boost sales, market share, increase ROI and profit.

This book aims to hand you all the facts, figures and research data you need for the best decisions for a more profitable, more engaging marketing strategy. It also highlights all the facts, forecasts and trends identified by our experts from the global Marketing Factbook's vast database of market data, news, studies, research and articles, and presents you with an invaluable library of ideas and practical support you can call upon at will.

With The Marketing Operations Playbook at your side, you'll gain to a true goldmine of easily adaptable and up-to-date strategies, walk-throughs, trends, research and market data, plus all the supporting arguments you need to build a solid, profitable marketing strategy: All the know-how, strategies and ideas you need to get your own Marketing Playbook right, first time.

Get it on Amazon (Kindle/Print)