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BizReport : Loyalty Marketing : May 25, 2007
How to build online customer loyalty
Complex is probably the best way to describe the loyalty of an online shopper. However, knowing what helps to develop a loyal online following is a key for online marketers. A recent study sheds some light on the subject.
Stuart Frankel, president of DoubleClick Performics said, "Seven out of ten consumers shop multiple websites before making an online purchase to find the site offering the best deal."
With all that shopping around, is there a chance to develop a repeat pattern with online shoppers?
According to the Consumer Loyalty Survey from DoubleClick Performics/e-tailing group, nearly half of the study respondents said they were "somewhat loyal" to online merchants based on a combination of "value, superior service and product mix".
The survey also found that 70% of online shoppers belong to loyalty or frequent buyer programs and 42% use comparison engines to compare prices before buying. Online shoppers feel that member discounts and members-only specials are very important to online shopping (53%). Online shoppers are also apt to shop several stores, looking for the best price, before buying.
What this survey means for e-tailers is that special offers and discounted pricing are as important, if not more so, that easy navigation of a website.
Creating a members-only club and sending emails about special savings or heavily discounted items are probably the best ways to keep and grow a loyal online customer base.
Tags: customer loyalty, customer satisfaction, e-commerce
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Alex Har
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