The use of generic keywords for Internet search engines (as opposed
to trademark names) and convenient return policies boost online response
and sales, according to two recently released studies of consumer
shopping behavior.
Generic terms accounted for the majority of inquiry conversions to
sales--61%, compared to brand name terms used for searches, which
converted to sales 30% of the time, according to study findings released
by comScore Networks, which as sponsored by Overture Services Inc., a
subsidiary of Yahoo Inc.
Eighty-three percent of consumers use generic terms for Internet
searches, rather than a product specific term. Roughly 40% of the
inquiries that convert to sales occur within 5 to 12 weeks.
"Search cannot be thought of solely as a direct response
marketing tool, especially in highly considered product
categories," said James Lamberti, vice president of comScore
Networks, in a prepared statement.
Ninety-two percent of adults who shopped online or by catalog said
they are somewhat more likely to make another purchase if the return
policy is convenient. Roughly 85% said they would not likely shop again
with a company that has an inconvenient return policy, according to a
survey commissioned by Austin, TX-based Newgistics Inc. and conducted by
Harris Interactive.
When returning a product purchased online or from a catalog, 88% of
consumers surveyed said they would be likely to take advantage of
discount offer for another purchase, survey findings revealed.
DirectNewsline Dec 14, 2004.
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