E-Commerce Sales continue to Outperform total Retail

In 2010, US retail ecommerce sales (excluding travel) rebounded from the recession, posting 14.8% growth, compared with only 1.6% growth in 2009. In 2011, online sales will reach $188 billion, although growth will moderate to 13.7%, resuming a prerecession trend of slower growth that signals a maturing sales channel.

“Even with the tapering growth rates projected, online sales are expected to rise by over $100 billion from 2010 to 2015,” said Jeffrey Grau, eMarketer principal analyst and author of the new report, “US Retail Ecommerce Forecast: Growth Opportunities in a Maturing Channel.” “Three major developments will spur this growth: mobile commerce, social commerce and daily deal sites.”

For 2011, eMarketer has broken out online sales by quarter to show how annual growth of 13.7% is achieved. Assuming the economy continues to recover, unleashing pent-up consumer demand, ecommerce will grow at an increasing annual rate until Q4 when sales growth slows due to comparison with a very strong online holiday shopping season in Q4 2010.

US Retail Ecommerce Sales, Q1-Q4 2011 (billions and % change vs. same quarter of prior year)

Retail ecommerce sales are growing much faster than overall US retail sales, according to eMarketer’s estimates and figures from the US Department of Commerce, and ecommerce sales continued to post growth throughout the recession.

“When compared with total retail sales it is obvious that ecommerce is producing superior results,” said Grau.

This means that, while the overwhelming majority of all US retail sales still happen in stores, ecommerce is grabbing a steadily larger share of the pie. In 2010, online sales accounted for 5.8% of total retail sales (excluding automobile, gasoline station and fuel dealers), up from 3.7% in 2005.

US Retail Ecommerce Sales as a Percent of Total Retail Sales, 2005-2010

In addition, these low percentages mask the fact that online penetration rates vary widely by product category. For example, auto parts are rarely bought online, but computer hardware and software had online penetration above 50% in 2010, according to Forrester Research.

via : emarketer.com

The Future of Social Shopping

Going beyond a Facebook Fan Page

Retailers are exploring a new frontier in social commerce as they go beyond simply offering Facebook pages and Twitter profiles for their customers to follow.

Fueling this trend is web retailers’ quick adoption of social sign-on, which allows consumers to log in to their Facebook account instead of registering on an ecommerce site. Social sign-on gives retailers access to rich profile information for targeting customers.

“Bringing Facebook profile data into retail sites makes sense because it influences consumers when they are close to conversion,” said Jeffrey Grau, eMarketer principal analyst and author of the new report “Social Commerce: Personalized and Collaborative Shopping Experiences.” “In contrast, many consumers on Facebook are mainly socializing with friends and further removed from making purchase decisions.”

Over half of online retailers who responded to an August 2010 survey byGigya, a provider of social sign-on applications, had either implemented the feature or planned to add it in the near future.

Implementation or Planned Implementation of a Social Sign-On* Solution, Aug 2010 (% of US online retailers and online media/entertainment publishers)

The Gigya study highlighted the benefits that online retailers and media-entertainment publishers derive from offering social sign-on. At the top of the list were increased engagement (84%) and richer profile information for targeting product recommendations, emails, promotions and coupons (80%).

“Social networks like Facebook are a hub of information about people’s likes and interests,” said Grau. “When consumers give a retailer permission to access their personal data on Facebook, the merchant sees not only what those people have written in their profiles but also the content they have ‘liked’ on other sites.”

A separate study outlined just some of the data available from various sites—not counting other information, like which products, news articles and content on third-party sites they link to in status updates.

Profile Data Available on Social Networks, May 2010

Retailers must also be careful about delivering personalized recommendations and targeted ads. These could make consumers feel that their online privacy is being invaded and create a backlash, which is already a perennial problem for social networks like Facebook.

MasterCard Takes E-Commerce to the Streets...

adweek/photos/stylus/147839-MasterCard-shopper.jpg

MasterCard has launched an out-of-home campaign to promote its MarketPlace e-commerce site. The goal? To get consumers' attention both online and offline.

The credit card brand has put up storefront ads featuring black-and-white vinyl panels and taglines like "A smarter way to shop online" and "Where bargains find you." The effort, which includes ads in New York, Chicago, Miami and Philadelphia, wraps up this month. The displays, set up in busy retail locations, consist of motion sensor-activated screens on which items like purses, laptops and sneakers pop up when someone walks by. There is also a mobile component: Pedestrians can view the latest offers via MasterCard MarketPlace's RSS feed and e-mail deals to themselves. MasterCard hopes "to capitalize on consumers' dual online-offline shopping behavior by directly placing the MasterCard MarketPlace 'shop smarter' message within the physical, brick-and-mortar shopping experience," said Cheryl Guerin, the company's svp of digital marketing. Storefronts were a "natural channel extension," she said. In addition to the OOH campaign, MasterCard is running TV, print and online ads to promote its MarketPlace business. Digital efforts include tweeting "overwhelming offers," which are "time-sensitive" deals offered daily on the site, Guerin said. The company did not disclose the campaign's cost. It is, however, the first time MasterCard has launched an interactive outdoor initiative to support a larger marketing push. GSD&M Idea City, digital agency R/GA and Inwindow Outdoor worked on the campaign. MasterCard spent $164 million on advertising in 2009 and $31 million through the first five months of this year, excluding online, per Nielsen.

Internet-Einfluss auf das Marketing wird unterschätzt

Wenn Amazon Lebensmittel im Internet verkauft und sogar der Media-Markt seine Produkte online verkaufen will, dann ist klar: Am Handel im Internet geht kein Weg mehr vorbei. Mehr als 43 Millionen Menschen in Deutschland haben in den vergangenen zwölf Monaten ein Produkt im Internet gekauft, hat die Arbeitsgemeinschaft Online-Forschung (Agof) errechnet. Fast noch wichtiger: Vor dem Kauf haben sich schon 48,5 Millionen Menschen - das sind 98 Prozent aller Internetnutzer - über die Eigenschaften des Produktes im Netz informiert.

Vor dem Kauf eines Elektronikproduktes halten es zwei Drittel aller Nutzer für essentiell oder zumindest sehr wichtig, sich im Internet über die angebotenen Produkte zu informieren, hat eine Umfrage des Marktforschungsunternehmens Harris Interactive im Auftrag von Fleishman-Hillard ergeben. In Deutschland beträgt dieser Anteil sogar 75 Prozent. Auch Reisen und Freizeitprodukte kaufen vor allem die Deutschen bevorzugt erst nach ausgiebigen Recherchen und Preisvergleichen im Internet.

Startpunkt für viele Produktrecherchen sind erwartungsgemäß die Suchmaschinen. Rund die Hälfte der befragten Nutzer in Deutschland setzen Google & Co. für den Einstieg in die Recherche ein. Vergleichsseiten für Produkte oder Preise spielen bei Autoversicherungen, Autokäufen, der Altersvorsorge, Reisebuchungen oder dem Kauf eines Fernsehers eine sehr wichtige Rolle. Mehr als 60 Prozent der befragten Konsumenten nutzen diese Seiten für die Entscheidungsfindung. Daneben gewinnen Nutzerkommentare, Blogs und soziale Netzwerke wie Facebook eine wachsende Rolle bei der Entscheidung für ein Produkt. Beim Kauf einer Spielekonsole nutzen 83 Prozent der Konsumenten die sozialen Medien, um sich zu informieren. Beim Kauf eines Fernsehers oder einer Reisebuchung sind es 65 Prozent, hat Harris Interactive herausgefunden. Der Schwerpunkt liegt auf den Nutzerkommentaren; bei technischen Produkten spielen die Blogs und sozialen Netzwerke eine wichtiger werdende Rolle im Entscheidungsprozess für ein Produkt. Allerdings ist das Vertrauen in Blogs und Nutzerkommentare in Deutschland sehr gering im Vergleich zu anderen Ländern.

Online-Werbebanner beeinflussen den Entscheidungsprozess dagegen kaum. Nur etwa jeder fünfte Konsument zieht die Werbung für die Entscheidung heran. Wichtiger sind da schon die Seiten der Unternehmen, vor allem bei Produkten wie Autos, Handy-Verträgen oder Breitband-Anschlüssen, die in vielen Variationen oder Spezifikationen angeboten werden.

Die Marktforscher haben auch das Internetverhalten der Menschen im internationalen Vergleich untersucht. Danach liegen die Deutschen in fast allen Kategorien wie Recherche, Kommunikation, Veröffentlichung und Mobilität am Ende der Skala; nur im E-Commerce-Verhalten sind die Deutschen klar vor Amerikanern, Franzosen, Engländern und Kanadiern. Die aktivste Internetnation in allen Kategorien ist China.

Aus der Bedeutung des Mediums für Entscheidungen und aus der dort verbrachten Zeit haben die Marktforscher einen „Digitalen Einflussindex" errechnet. Dieser Index kann zum Beispiel für das Fernsehen einen geringen Wert aufweisen, wenn die Nutzer zwar viel Zeit vor dem Fernsehschirm verbringen, in dieser Zeit aber keine Entscheidungen treffen. Nach dieser Methode hat das Internet in allen Ländern den höchsten Einfluss auf Entscheidungen - klar vor allen anderen Medien. „Wenn man sieht, dass das Internet doppelt so einflussreich wie das Fernsehen ist, könnte man einen proportionalen Anteil an den Marketingausgaben erwarten. Das ist nicht der Fall. Obwohl die Budgets ins Netz umgeschichtet werden, ist die Lücke aber immer noch sehr groß", heißt es in der Studie. 

Links: 

- Kein Marketing ohne Internet

Veröffentlicht 06. Juli 2010, 07:00 von Holger Schmidt

 

Online Merchants Love Facebook’s ‘Like’

How many will bring the full ecommerce experience to the social site?

Facebook’s “like” plug-in caught the attention of online retailers, starting with Levi’s, which implemented the buttons across its online store in time for the social network’s rollout of the new tool. With about 55% of multichannel retailers planning to add more social features in 2010, according to Multichannel Merchant, usage of such tools is set to rise.

According to a June 2010 survey on the use of Facebook for social commerce by website conversion company SeeWhy, 35% of online marketers responsible for social marketing or ecommerce have already implemented Facebook’s “like” plug-in, and another third plan to do so. The social network’s “login with faces” plug-in is also gathering steam.

Implementation of Facebook Social Plug-Ins, Jun 2010 (% of US online marketers)

While the “like” button allows online shoppers to share outside content they are interested in with their friends on the social network, using Facebook’s login brings connectivity in the other direction: The ecommerce experience happens on the merchant’s site, with Facebook facilitating an easy login that skips the need for registration, which can be a barrier to conversion.

Most respondents to SeeWhy’s survey planned to leverage social shopping by using Facebook to drive traffic back to their own site rather than building ecommerce applications on the social network itself, as Best Buy has done.

Plans to Use Facebook for Social Commerce, Jun 2010 (% of US online marketers)

A fifth of US online buyers told the e-tailing group and PowerReviews in March 2010 that sharing tools were an important capability of retail sites, suggesting customers are also on board with tools such as the “like” plug-in.

5 Ways Facebook’s Open Graph Will Impact E-commerce

Facebook MoneyMitchell Harper is co-founder of BigCommerce, a leading provider of shopping cart software used by more than 40,000 organizations worldwide. Mitchell has written and published over 300 articles relating to software development, marketing, business, social media and entrepreneurship.

After watching Mark Zuckerberg’s recent keynote at the Facebook F8 developers conference, it is clear that Facebook is looking to become the standard in social personalization for everything you do online. And the new social features and direction that they announced will undoubtedly have an impact on the broader world of e-commerce.

For example, their new “Like” button is already visible on over 50,000 websites, and they’re providing an API-based way to access what they’re calling a user’s “Open Graph,” which is a list of everything he or she has “liked” across the entire web — music, books, restaurants, food and more.


The Facebook Standard


Now here’s the fun part: Using Facebook’s API, a website can take your interests and use them to personalize your browsing experience. Better still, they don’t even have to prompt you to login to your Facebook account, thanks to the new auto-authentication feature which already lets sites like Yelp, IMDb and Pandora pull in your Open Graph data.

Until a few weeks ago, it may have sounded crazy to think that Facebook would become the standard when it comes to website personalization. But as each day goes by, it’s looking like that’s exactly what will happen.

Although there’s been concern about privacy, in my opinion, personalization will end up boosting the online shopping experience for consumers, and will provide some powerful opportunities for savvy e-commerce companies.


What This Means for E-commerce


Here are my five predictions for how that will happen.

1. Amazon won’t be the only online store with sophisticated personalization. Considering anyone (with permission) can pull your Open Graph via Facebook’s API, this information can be used to personalize an online store based on your past purchases, likes, and preferences quite easily. For example, our company is already working on a way to personalize the “Featured Products” area on the home page of our merchant’s stores based on their visitor’s “likes” from Facebook.

2. Facebook will start driving more traffic to some online stores than Google. With tighter Facebook integration comes more sharing by shoppers. For example, if you login to your favorite online store using Facebook, that website can automatically post to your wall when you order, write a review, or “like” a product. According to Nielsen, 90% of people trust recommendations from people they know, and Facebook’s “like” button is the perfect way to recommend a product to a friend.

3. Google will adopt Facebook’s Open Graph protocol. When you’ve got more users than anyone else, and you make your platform open, as is the case with Facebook’s new announcements, your competitors (such as Google and MySpace) will follow your lead sooner or later. I predict that Google’s search results (including product search) will soon start displaying recommendations based on data available about you in the Open Graph protocol. For example, if you search for “comedy movie” and you’ve “liked” Austin Powers, Swingers, The Love Guru, Wayne’s World and Liar Liar on IMDb, then Google will be able to use your Open Graph data as well as their own personalization algorithms to display search results that are unique to you.

4. The Open Graph is laying the foundation for wider adoption of Facebook Credits. Imagine if you could buy at any online website using Facebook Credits. Similar to how PayPal works now, you wouldn’t have to share your credit card details, and could simply use credits to pay for anything and everything you buy online. Companies like PayPal should be worried about this. While Facebook Credits are only really popular with virtual goods now, it’s only a matter of time before they provide an open platform which developers can use to facilitate payments via Facebook.

5. E-commerce conversion rates will increase. Imagine if you were looking to buy a t-shirt online and right next to the “Add to Cart” button you saw that four of your friends (along with their names and photos) had already bought the same t-shirt. This kind of marketing is priceless — it brings instant social trust to that website. If you assume the average Facebook user has 200 friends, this type of social trust factor could be huge, and Facebook’s new recommendation and “like” tools will play a huge role.

via mashable.com