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Consumers widen mobile shopping behaviour

Retailers and brands are going to need to change their sales and marketing strategies to respond to the growing influence of mobile devices on consumer behaviour, according to the latest 'Mobile Commerce Survey' report from L.E.K. Consulting.

Some two-thirds of smart phone or tablet owners today say they have used their devices to make purchases, and more than 80% said they had used them to help make purchasing decisions through product research at least once during the past year.

The survey found that 39% of consumers actually make purchases using their handheld devices at least once each month (excluding music and video downloads), with 60% using smart phones to research purchases each month in a variety of ways. L.E.K. refers to these consumers as "Active Mobile Consumers", and to smart phone owners who shop less frequently as "Mobile Window Shoppers".

"Mobile is the enabler. Consumers using mobile for shopping have new expectations for pricing standardization across channels, require a steady stream of promotions to remain engaged, and want to capitalise on powerful tools that enable them to access independent recommendations, price comparisons, the opinions of friends, and reviews anytime, anywhere," explained Jon Weber, vice president for L.E.K. Consulting. "Now is the time for retailers and brands to ensure that they meet the needs of the new mobile consumer, and are ready to compete in this new marketplace."

The survey identified four key findings that are expected to significantly impact businesses in the future:

  1. Driving Price Harmonization
    During the past six months, more than half of Active Mobile Consumers surveyed reported using at least one mobile coupon app (e.g. Coupon Clipper), while nearly one-third checked a pricing comparison tool (e.g. RedLaser), and 29% tapped a loyalty or similar tool (e.g. Shopkick). And they did this while standing in store aisles.

    This new level of price transparency across stores and channels provides consumers with added impetus to seek out the best deals - and demand that pricing be consistent across a retailer or a brand's distribution channels.

  2. Fostering Deeper Customer Relationships
    More than half of Active Mobile Consumers are willing to share their location with brands in exchange for real-time offers when they "heck in" via Foursquare or similar geolocation-based apps, which is twice the rate of Mobile Window Shoppers. And 37% of Active Mobile Consumers are willing to have brands track them all the time in order to receive special deals. By contrast, only 14% of Mobile Window Shoppers are willing to do the same. Based on our broader work in this area, it appears that privacy concerns significantly outweigh the allure of special offers for this group.

    However, brands must provide the right incentives to keep mobile consumers engaged and willing to share certain information. Marketing tactics with an immediate payoff resonate strongly with this consumer group (e.g. coupons, discounts, rewards or loyalty points).

  3. Increasing the Influence on Social Media
    Active Mobile Consumers are much less influenced by traditional information sources than their older counterparts. Instead, they turn to independent reviews, friends and family for recommendations before making purchases; and mobile puts these powerful influences in the palm of their hand in the aisle.
  4. Enabling Flash Retailers
    The immediacy of mobile shopping creates new opportunities for consumers to keep up with the latest deals on flash sales sites such as Gilt Groupe and Rue La La. More than 40% of Active Mobile Consumers use flash sites, which is more than twice the percentage of Mobile Window Shoppers.

    Importantly, flash sites are also disrupting the market by capturing share of planned purchases from other channels. L.E.K. found that flash sites are successfully penetrating traditional purchasing decisions for Active Mobile Consumers, and driving conversion given the immediacy and perishability of the mobile flash proposition.

"While the dollars being spent on mobile devices today are still small, our research shows that the influence of mobile devices on the behaviour of consumers is much more significant and has more immediate implications for both retailers and brands," concluded vice president Alan Lewis. "This survey also highlights that these trends apply across all categories as consumers have a similar mix of category purchases on their mobile devices as they do on the web."


Sources: L E K Consulting /
The Marketing Factbook.
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    Categorised as:

  • Customer Experience
  • Customer Loyalty
  • Knowing The Customer
  • Marketing Know-How
  • Marketing Technology

Have you seen How To SELL Anything?

This incredible sales handbook distils an expert's lifetime of sales and marketing experience and hands it to you on a platter, in a simple, easy-to-follow format.

With existing customers being the most valuable source of income for any business, this book will teach you how to increase your return business and make more profit from your most loyal customers - and even how to reduce the costs of dealing with your least profitable customers.

You'll learn to sell yourself, sell your products, and sell your brand on the internet, writing high-conversion landing pages, social media posts, and more. You'll start attracting customers you didn’t even know existed, and learn the top trade secrets for customer retention.

You'll become a lean, mean selling machine. See how the experts do it and learn to adapt what they've done for your own profit. You'll learn to write strong, powerful, effective sales copy, whether it's for a sales script, sales letter, flyer, insert, advert or just about anything else.

You'll learn how to sell whether you're selling by telephone, by mail, or even meeting prospects face-to-face. You'll find out how to size them up, present yourself, nail down their true needs, close the sale, and learn to tackle the tricky ones.

You'll discover the biggest secrets of successful direct mail sellers, sales letter writers, and how to segment and choose the right prospects for each campaign.

Get it on Amazon (Kindle/Print)
 
Copyright © 2001-2025 Peter J. Clark