Study: Web-traffic boosts in-store sales

In a recent study the research companies comScore, Accenture and dunnhumbyUSA found some significant relevance between in-store sales and a company’s web presence. The study was based on a panel of CPG customers and one million U.S. Internet users who have given comScore explicit permission to have their online activities continuously measured and matched to their in-store brand buying behavior provided by dunnhumbyUSA.

The report comes to the conclusion that consumers who visit a website prior to their shopping experience in a company store spend 34% more with that company and 57% more on products or services based on their specific industry sector. It also states that visitors of brand websites are frequent buyers of the brand in retail stores. It shows that 42% more of these clients finish their transactions than non-visitors. Furthermore, website visitors are also heavier buyers in a brand’s product category. They are spending 53% more in their category dollars than non-visitors.

“Since website visitors have higher affinity to the brand and the overall product category, there is an opportunity for brand marketers to drive loyalty through personalizing the website experience, catering to the preferences of their best customers.”John LaRocca, Vice President, Strategic Partnerships, dunnhumbyUSA

And again another study highlights the importance of content marketing as the new emerging trend in marketing. Shoppers were more aggressive in their approach to understand and evaluate their purchases prior to their visit in shops as a result of the massive information access through the web. According to the research, content marketing plays a significant role here. So, campaigns on the web not only add value to web shopping but also -and for some companies and brands more importantly- will help to drive and boost in-store habits and sales – apart from positioning a brand’s capability.

“Marketers who create compelling (brand) website experiences for consumers are extremely effective in driving incremental and profitable in-store sales. Analysis shows that consumers visiting the best of the 10 CPG brand websites evaluated in the research study, spent over 200% more on the brand than non-visitors.” Jerry Lohse, Senior Director, Accenture Interactive

Based on the fact that Brafton reported some weeks ago that the average consumer visits more than 10 web pages before a purchase decision, this study marks an important point in the relevance between online and offline shopping. This might be catalyzed by the new opportunities that smartphones, tablets or Augmented Reality (see real-life community shopping) offer, and shows the straight relationship between the two shopping experiences which more and more merge to one close shopping cycle.

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More companies are realizing that offering web shoppers the same information and service as in-stores will lead to more purchase at both ends of the shopping cycle: online and at offline locations. The challenge for companies is to differentiate the shopping experience by using SoLoMo (social – local – mobile). Here the question for the future will remain whether in-store shopping needs to become more of a lifestyle experience or adventure to attract more consumers to join in-store activity (see IKEA Sleepover), or wether people will want to have real people around them and thus make it a social reality world, rather than a social web world…

Edelman Trust Barometer 2012: CEOs down, Social Media getting better…

Year on year, Edelman’s Trust Barometer checks the credibility and trustworthiness of politics, companies, CEOs and media from a quite generalistic point of view.

The findings for this year were published in the 2012 Edelman Trust Barometer, a global survey which came out yesterday in its 12th year. The survey offers insights from over 30,000 people in 25 countries with the main focus on “Informed Publics”. By “Informed Publics” Edelman sees college-educated people between 25-64 years of age that are among the best earners in their countries and describe themselves as heavy consumers of media information.

Obviously interesting for me were two things… How are people trusting CEO’s after CEO’s criticized their marketers some month ago in a study by the Fournaise Marketing Group. And also, how are consumers worldwide gaining trust in social media as a source of business information.

Let’s start with the CEOs first.

When Edelman asked respondents how credible information coming from a CEO would be, 38% replied they would trust the information. Although this sounds not bad, it is a 50% dump from last year and the biggest drop since Edelman started doing the survey 12 years ago. And although government leaders were less trusted than CEOs, in more or less all the countries responding, 49% would want to see an increase of government regulation of business.

And how about consumers’ trust in Social Media?
Well, let’s put it that way… Social Media is on the rise but still lags behind corporate websites and traditional media. So, you marketers should better not rely solely on Facebook, Twitter and Google+ pages.
The 2012 survey tells us that 14% of respondents see Social Media as a trusted source of company information — an increase of 6% to one year ago. But it’s still getting the lowest trust score of the four options shown below. This comes close to the trust in company websites (16%). Traditional media still is top of “news pops” (32%).

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So which business is trusted most? Technology companies are most trusted with 79% saying they believed tech companies do the right thing. Indian, Chinese and the United States tech companies earn most trust, UK, France and Germany rank lower. Trust in financial services companies and banks soars, and those companies are the least trusted businesses. 47% said they trusted banks to do what is right. 45% saying they trusted financial services companies.

Who do you trust? Would you agree with these Edelman findings?

Study: Social Sign-in generates 50% more time spend on websites

Isn’t it hard to get people on websites in general? And even more to keep them there reading as much of your business information as possible? How much time do your customers spend on your site? If you are not satisfied with the results you achieve with your visitors, here is some information that might boost your website staying time.

A recent research by the SaaS technology company Gigya helps companies and brands to become more social in order to engage more with their customers. And if they are doing their job properly, their aim is always to get people from social platforms to their website for a better conversion.

The Gigya research states that companies and brands, and obviously their websites, can increase the stickiness of their desired target groups with their website just by encouraging the coming back effect of visitors through social logins.

The Gigya’s results illustrate that site owners who implement Facebook Connect, Twitter sign in or Yahoo Login will be the winners. Users spend 50% more time on websites when they’re logging in through social networks. Just imagine if users spend four more minutes after a social login – whether it be on the Web, the mobile web, or apps. All of these options were tracked by the Gigya study.

The value of Facebook Connect in terms of giving an option to easily log-in on different other platforms and sites makes people carrying around their social graphs wherever and wherever they are online. And with all these connections our closest fellows, fans and friends find our restaurant reviews, cinema recommendations and places where I am immediately. With a target group of approximately 800 million users Facebook states a case for social sign-in opportunities.

The findings also show that it is the most popular source of social logins with 61%. It gets followed by Yahoo with 15% and Google 12%. It surprises me that Twitter is only at 10% and LinkedIn just gets 2% although we have over 120 million LinkedIn user. And users who logged in with a social network double the view of pages on a website.

Another interesting aspect is that with social plugins, users generally spend the most amount of time on the site, and page impression increase does obviously follow. Companies and brands should think about integrating value-add areas with log-in or comment or Newsfeed functionalities as the later come in first when it comes to spending more time with the site. So, add a comment section.

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Some months ago, we already mentioned the importance of social sign-in processes with a study by Janrain and Blue Research. In that study, 42% agreed that companies offering a social sign-in option “are more up-to-date, innovative and leave a positive impression compared to those which do not offer this capability” on their sites. Well, it seems I should start thinking about integrating social sign-in here… From a comment technology point of view, which option would you recommend? Livefyre, Disqus,or the WordPress standard…? Open to suggestions…

ComScore study: 31% of banner ads get lost for viewers

© carlos castilla - Fotolia.com

Companies and brands love to book page impressions with publishers, shopping and trading sites. Users find themselves being bombarded with banner ads all over the web – and not often do these ads add any value on customer journeys and the digital shopping experience. Often they bore us (dresses and dishes), annoy us (gay ads for married people) or make us hate companies brands (you love a and get b beer brands). Real Time bidding (RTB), (Behavioral) Retargeting technology and demand side platforms (DSP) will become game changers in the ad space in the future.

Sounds good but do advertisers get what publishers promise today, just on the basis of ad impression buying? Well, not really…

Yesterday, ComScore announced their “Validated Campaign Essentials (vCE)” which is said to be a Holistic Measurement tool for verifying the effectiveness of advertising campaigns and their subsequent targeting tactics. Thus, ComScore can double-check of where the ads are being delivered, where they are positioned within a page and who’s eyeballs they meet with the optimization add-on to know where they can be better positioned and at what time. The new technology or tool (vCE) will allow ComScore check campaigns effectiveness on a demographics basis.

ComScore definitely recognizes clients need for a world of better performance with campaigns for a reasonable future of advertisements. However the good news, when you worried about the effectiveness of your last campaign, there is much worse stuff to think about…

ComScore has found, in a recent comprehensive study, that over 31% of online display ads get lost for eyeballs of potential viewers, and for some websites it is even a scary number of 91%. Reasons are obvious: Some of these ads are below the fold. User might not scroll down far enough to view them, and vice versa. Some people just scroll too quick and thus get passed them before they have been loading.

The findings also state that as many as 15% of campaign ads were delivered to viewers outside of the targeted media plan places. An average of 4% of ad impressions found viewers in locations that weren’t on the plan, or where products weren’t available. Do you still wonder why the above mentioned banner campaigns reach us? But ComScore works on the issue…

“One big issue with internet advertising is that not all ads that are served end up being seen. This is a core issue raised by the Making Measurement Make Sense (3MS) initiative. In order for marketers to have the same confidence in the digital channel as they do in TV, we need measurement around the visibility of ads.” Mike Donahue, EVP, Strategic Partnerships, ComScore

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Google will penalize companies and platforms that have too many ads above the fold in the future: 3 ads per page is sufficient and strategically clever, Google advices in this video. Just imagine your banners are being delivered to platforms that are damaging for your brand. It happens. Impressions appear beside content that were defined as “not brand safe” by the advertiser. Of all tested campaigns, 72% showed up on pages that had objectionable content, as defined by the brand. Now, that ComScore and advertisers like Chrysler, Discover, E*TRADE Financial, Ford, Kellogg’s, Kimberly Clark and Kraft among others push the development of the third-party tracking, there might be hope that consumers and clients get banners delivered that are targeted the right way. Nevertheless, companies need to start thinking about the right call-to-action in order to get the right conversation figures…

Google: Re-living 2011 from a search perspective

Last year, Google told us how the world searched throughout 2010. Now, we get to see the Top 10 search terms of 2011, and some more interesting global search analysis. And maybe we can learn something for our SEO capabillities.

However, we all know: New year, new challenge! This is the spirit of the end of a year: We all love to review it! Google doers that with their search re-living videos and their Zeitgeist 2011: One year in a review video. If you want to do some deeper analysis on it, you can go to Google Zeitgeist 2011 website and dive into your country analysis, zoom in and out the aggregation of billions of search queries people typed into Google in 2011.

This video is a short summary and nicely captures the spirit of 2011…

Google study offers insights in B2B Marketing

Following up on the webinar “Social Media for B2B companies – tactics, tools and techniques” that I held today from South Tyrol, I have promised to share one of the latest Google studies on B2B marketing.

At their event “Thing B2B 2011″ Google introduced the results of their new B2B study. It refers to business decision makers and how they make their way to buying decisions, which tools they are using and which technical platforms influence their purchase process.

The study “Connecting with the Customer” (video) asked 1.600 B2B business decision makedrs from various industries. The results were then combined with the latest findings of a Compete Clickstream study. The Compete study is tracking website conversion rates of a panel that is based on 2 Mio. consumers.

The study concludes that 30% of conversions on activities like whitepaper downloads, Email, Calls or other pull activity happen after two weeks time, or even at a later stage. It also states that -not surprising- in order to reach B2B decision makers the Internet is the best choice. 57% of the respondents say Internet advertising sticks to their mind versus 34% print. Only 16% say TV ads have a lasting effect on them.

When B2B decision makers are in a purchase process, they make use of the following sources…
- 71% Internet
- 41% Professional organizations
- 39% Tradeshows
- 37% Catalogue
- 33% Consultants
- 31% Direct Mail
- 11% TV

The leading online resources where B2B decision makers go to…
- 73% Search engines
- 51% Brand websites
- 45% Online reviews
- 42% Websites of professional organizations

In the following video Sam Sebastian, Industry Director at Google reviews the most important results of the study “Connecting with the Customer”, and makes clear that Social Media has the best effect if it is connected with all the other marketing activities companies are running. The review is followed by a dscussion between Paul Miller, Vice President of eCommerce at Grainger; Kathy Leech, Director of Brand Communications at BP; Andy Markowitz, Director of Global Digital Strategy at GE. Just watch it…

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Business decision makers are a challenging shopper category. However, the study makes clear that the Internet is the place to reach them easily. Mobiles and Social Networks are becoming more and more important in the lead generation process, too. One in three B2B clients who searches for information on their smartphones also uses Social Networks for research purposes. Sam Sebastian, Industry Director at Google summarizes the findings in three bullets:
1. The Internet is the new tradeshow
2. B2B customers search early and often across the Web to information
3. Think orchestration, not integration

Maybe I would have chosen a different third point… “Think stimulation, not penetration!”. But that is my view…

Source

1 in 3 of 18-34s will do mobile shopping this christmas

Harald Wanetschka/pixelio.de

Are you going shopping in stores to find some christmas presents? Or will you be doing your shopping tour via mobile? Well, if you use your mobile you are not alone…

According to a UK survey by marketing community site UTalkMarketing and online survey platform Toluna. 32% of 18-34-year-olds will use their mobile to buy Christmas presents this year.

However, this might sound as if only the young generation is shopping via their mobiles, the study makes clear that also older age groups are purchasing mobile with an increasing amount: 14% of 35-54 year-olds and 9% of over 55s year-olds also plan to get their presents for Christmas by using their mobile.

“The fact that a third of young adults are planning to buy their Christmas gifts via their mobile device is proof that the year of mobile-commerce is finally upon us. The fact that most mobile shoppers will do so directly via a retailer’s app is also strong proof that brands wishing to contend in the mobile-commerce arena must do more than simply provide a mobile optimised website,” says Melanie McKinney, Publisher, UTalkMarketing.

The survey questioned 1,300 UK consumers and found that iPhone users are the most likely to make a Christmas purchase via their device. 42% said they will make a Christmas purchase via their iPhone devices. 31% of those that say they will make a Christmas purchase via their mobile will use a BlackBerry and 27% will do so via an Android phone.

However, the advent of HTML 5 is near, apps are the retail channels of choice for the survey’s respondents. 88% of mobile shoppers will only make a purchase this Christmas if their retailer of choice has a transactional app. Only 12% of mobile shoppers will make a purchase directly from a retailer’s mobile-optimised website.

“The results of this survey are a clear indication that retailers cannot ignore the mobile-commerce wave. They need to adapt to and embrace the changing ways consumers now shop,” states McKinney.

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Poor shops on the streets… The study is a good proof that mobile commerce is on it’s way towards mainstream. Also, the tablet movement, especially with the increasing use of iPads these days, will change consumer habits to go shopping in the future. Another YouGov survey released earlier this week suggests that 84% of consumers will buy at least one gift online this year with a third saying they will buy all of their gifts online. However, marketers have to be clear about the fact that more than a quarter of consumers (26%) are concerned about privacy issues when it comes to shopping via mobile according to the uTalkMarketing survey.

Study: Social Media & Workplace? Are policies a must…?

Credits: Gerd Altmann / pixelio.de

The conversation around the value of Social Media at the workplace was always based on the topic productivity and policies. Shall a company live an open door policy for “social” websites? Shall they allow access to Facebook and Twitter? Shall they rely on them in terms of knowing how to achieve their business targets while being available during working hours for all of their friends, fans and followers?

The question is… Are Social Media guidelines necessary or are employment contract not offering enough guidelines for the use of Social Media at work, too?

For companies it is a challenge to manage employee’s use of Social Media. A new study by DLA Piper now found that one third of employers have disciplined employees for something posted on a Social Media site. It also states that 21% of employers have given warnings for posting something derogatory about a colleague or the business.

Although I would have thought that most employees today know the relevance and impact of Social Media, the study makes clear that companies need Social Media policies. However, it also found that three quarters don’t have any Social Media policies.

Some key findings of the study illustrate some negative development where many of us might think, people should be clever enough to understand the meaning and reach of their words on the Social Web. Some use Social Media too often, some inappropriate, some unclever…

- 31% of employers have taken disciplinary proceedings because of information an employee has displayed on a social media site about the organization
– 30% of employers have taken disciplinary proceedings because of the level of usage of social media sites while at work
- 25% of employers have taken disciplinary proceedings because of information an employee has displayed on a social media site about their activities at work
- 21% of employers have taken disciplinary proceedings because of information an employee has displayed on a social media site about another employee

Some further findings also show that people need training on how to manage the relationsship and converations they have during working hours and with colleagues. Employees who use Social Media for personal use…
- 39% have befriended a colleague or business contact in Facebook
- 39% have connected to a colleague or business contact on LinkedIn
- 28% have posted photos of colleagues or business activities
- 22% posted a status update or tweeted about a colleague
- 14% have posted a status update or tweeted about work issues
- 1% have posted confidential business information

Spot On!
The business world is changing. Colleagues connect with each other on different social platforms – no matter if for private or business use. Having a personal Social media strategy where people might not connect with colleagues on Facebook but prefer LinkedIn might become a problem as they might loose out on conversations and information between the lines. On the other hand, people might use it too often to connect with them. Whatever people do, they might use Social Media wrong… in the eyes of employers… at the workplace. Thus, companies will need to have Social Media policies in the future (see international database of Social Media policies). And employees need to find a way to deal with them… Or do you see some other opportunity?

The multiscreen world is evolving…

Some days ago, I have written about the timely relationship in media usage between TV and mobile apps. This week, NM Incite, a Nielsen/McKinsey Company, found a statistically significant relationship that shows a correlation between online buzz and TV ratings.

The study concludes that the correlation takes place throughout the TV show season. However, the impact online buzz has on ratings can vary based on a season’s timeline. The strongest correlation is with viewers ages 12-17 and 18-34 with a slightly stronger correlation for women over men. Seeing older viewers, social buzz gets more impact on ratings toward the end of the season.

The studies show that the usage of mobile and social are also linked when we bear in mind that 50% of social media usage came through mobile last year. It suggests that more and more people are sitting in front of their TV screens with their mobiles (smartphones or tablets) while surfing the web and chatting with their friends or other people all over the world about the shows they are watching… or other topics of interest.

We see more and more ConnectedTV’s coming to the market. US smart TV shipments is said to double in 2012, reaching 52.85 million units and 20% of the market according to Parks Associates research, and over 60% of US connected TV homes use apps.

There is no dout that TV and online will become one world in the future. Already, 74% of people with broadband surf internet while watching TV according to some OVUM research. However, the questions arise whether the user will have and use one or two screens in the future, and which one will be first and second screen? Will smartphones and tablets replace the importance of TV, or will the power of TV increase. In the US studies the average TV viewing time is

This week, I have been to Mediamind’s DED2011 in London where some great speaker where giving insights in the cross-channel consumer and the future of ConnectedTV.

Dean Donaldson, Global Director of Media Innovation at MediaMind gave a great summary of the latest development how users engage with screen today. The usage time of Online versus TV usage (more than 5 hours) is only 10%, mobile is used 20 minutes daily. However, this does not mean that the user is in front of the screen. The question is which screen is really catching the interest of the user and how long are people paying attention to what is happening on the screen. What was “watching onair” becomes “engaging online”. The latest Honda Jazz commercial illustrates the opportunities that the convergence of TV, Online and mobile offer.

After the event I had some time to speak with Dr. Patrick Dixon, Chairman of Global Change and author of Futurewise. His success ca be manifested in his social web figures. The website gets 14 million unique users, 4 million video views and his Twitter account shows 42.000 followers. This man knows what he is talking about…

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The outook into the future of Connected TV is fascinating and goes hand-in-hand with the evolution of screen technology. ConnectedTV, or Smart TV, will need to take the customer with them and TV manufacturers, cable suppliers and broadcasters need to find the right path from hype, futuristic gaming to reality. Consumers are not buying a TV screen as fast as a laptop or a smartphone, although they are using it more often than the other devices. And marketing in a Connected TV world will become even more difficult as marketers need to address the customer with their brand message on the right screen, at the right time and in the contextual situation.

Social Media or/and Website for Lead Generation: What’s the key to success?

How often did we hear this question in the last three years? Marketers, sales(wo)men and many C-Level’s in the B2B space have asked the question many times in seminars. I am quite happy to have found a study that actually gives some insight in a quite complex business topic.

According to a Demandbase National Marketing and Sales Study in cooperation with Focus, the company corporate website is the top source of new sales leads for consumers. The corporate website still is the primary hub to harness customer interest driven by outbound online marketing activities. However, it is only second to personal connections and referrals. Nevertheless, more than seven times more effective than social media which speaks a clear language, right…?  Well, what if referrals lead to websites via Social Media?

Executives see the website as the top online source of sales leads (23%), followed by email (14%), online advertising (7%), and finally… social media (3%). What sounds as a clear message, is more a blur. The most important factor for measuring website effectiveness is the quality of leads generated (34% vs. quantity 9%). However, nearly one-half of executives surveyed do not know where users are most likely to leave their website.

Another interesting thing is that study participants stated that the website still vastly underperforms in terms of lead generation. Although companies think they understand their sales prospects (over 60% respond knowing or understanding their prospects well), driving sales leads is still a big challenge for them. 80% of the respondents said the corporate website is not performing to its maximum lead generation.

Did you ever ask yourself how a consumer found your website? Can a website alone be enough to generate quality sales leads? What is the key to generating more leads from the web? Is it the website only? Well, once your website is ready to attract customers, it needs to get traction.

Often in the last weeks, we came across one of the main effort to get there: content generation. What makes search engines to drive (potential) customers back to your website? Content. And often marketers say: “We have tons of content! Why is no one coming back?” The answers is easy: Content needs some systematic approach, and that can best be achieved with inbound marketing. And that’s were Social Media comes into the game. So, the website alone is not the answer to lead generation.

“Social media may be heralded as the silver bullet to bring B2B marketing up to snuff but, despite its increasing influence, it’s important to keep in mind that no business sale is made without the buyer going to the corporate website first. Regardless of its origin–social media or e-mail, banners or search–traffic driven from online marketing initiatives always intersects at the website. And, while businesses are investing heavily in their sites, the study shows that they are then ignoring the very audience they worked so hard to attract.” Chris Golec, CEO, Demandbase

Spot On!
The study shows that there is a lack of understanding how to optimize and generate new sales leads and demand generation. Analyzing websites and drawing the right conclusions from site performance and the clients’ brand journey experience is what needs to be elaborated on. Obviously, many marketers still have “better things to do” or not the time to verify the back-end. Marketers need to understand that their web strategy should be focusing on connecting website experience and the brand journey towards it. This in the future will be mainly driven through inbound activities that could find a catalyst in referals. Companies just need to elaborate on the interconnection between website and Social Media. That’s where the answer to lead generation is hidden…

Don’t you agree…?

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