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Methods
that Boost Online Competitive Advantage Identified; Leading
Websites Reap Consumer Loyalty Rewards
PETERBOROUGH,
N.H.--(BUSINESS WIRE)--
ActivMedia Research LLC (www.ActivMediaResearch.com)
The
latest research of online behavior clearly shows that developing
a competitive advantage on the Web takes a solid understanding
of what motivates an online consumer to buy a specific product.
In the quantitative study "Capturing Online Markets: The
Definitive Guide to Consumer Loyalty," ActivMedia
Research details online purchase patterns among 2,250
qualified cyber-consumer shoppers, revealing the attitudinal and
behavioral factors that led to specific purchase decisions.
Here
are a few
findings:
(more at: www.activmediaresearch.com/free_newsroom.html)
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Online
purchasers bring offline interests with them. This is
reflected in the evolution of ten online
"cyber-markets", each containing a relatively
cohesive set of online shoppers. Product sets and natural
markets offer direction to line extension and
cross-promotion efforts.

-
Success
in one market does not assure success in another because
even the same shopper behaves differently when shopping in
another online market. Understanding and respecting purchase
dynamics within and across markets is key to appreciating
the strategies and tactics that will be rewarded within each
market.

-
Products
and Vendors each contribute uniquely to purchasing influence
and brand equity. In a sense, Vendors and Products are
co-branded online, although the nature of the interplay
varies enormously market-by-market.

-
Some
online factors like Quality, Price, Convenience, and
Availability are necessary online, but are not sufficient to
inspire loyalty. Differentiated market factors offer an
enduring competitive edge.

-
To
compete on price alone is to leave money lying on the table,
suppress company profits and drag down future brand equity.
After online consumers give lip-service to "low
price" they turn to market differentiated attributes
that enhance value, satisfaction and assurance for repeat
purchases.
Additional
information: www.activmediaresearch.com/capturing_online_markets.html
"Capturing
Online Markets" is the flagship of a series of reports by
ActivMedia Research dedicated to "Building Consumer Loyalty
Online" that sells for $2,995us. Three other sector reports
explore cyber-markets in product-level depth (Computers, Home
Electronics & Office Supplies; Fashion & Style;
Consumable Products) and sell for $1,295 each. The series of
reports is available for $5,000.
This
report identifies commonalities and differences across all
cyber-markets to understand what drives each to success. It also
examines precursor activities that lead to trial and
exploration, and how personal online shopping markets are
emerging. Ten "Market Profile" chapters emphasize
consumer demographic and technographic profiles that offer
background and context for marketing language and promotional
targeting on a market-by-market basis. Consumer verbatims of
online experiences are presented.
Respondents
were contacted through the online research capabilities of
Greenfield Online which is "Leading the Research
Revolution(TM)".
ActivMedia
Research conducts custom and syndicated research that guides
businesses to profitable online positions. First ever to
quantitatively study Internet commerce, ActivMedia has been
detailing global 'Net trends and sector slices since 1994.
ActivMedia analyses and data support online business development
and planning at clients that include Andersen Consulting,
Unisys, IBM, Intel, UPS and Visa.
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