Customer satisfaction with online retailers trended down in mid-December.
As Christmas approaches, online retail takes a hit in terms of customer satisfaction according to the Holiday Shopping Satisfaction Benchmark study from ForeSee Results
The week of December 12 through 18 saw an aggregate drop in customer satisfaction of 0.6 percent to a score of 77.8 percent.
"We attribute the drop in satisfaction to the challenges that time-pressured shoppers face as they turn to the Web for last-minute shopping needs, only to be disappointed and frustrated with their inability to find what they're looking for," said Lee Pavach, director of marketing at ForeSee Results. "Reasons can range from merchandise that is out of stock online, or they aren't using the correct description."
Two additional attitudes affected during the same period were customer loyalty and the likelihood to return to the site and recommend it to others. Customer propensity to return to a retailer's site fell 0.8 percent. The likelihood for an online shopper to recommend an e-commerce site dropped 0.6 percent.
"The challenge is that this drop in satisfaction can have longer-term consequences because it impacts likelihood to return, and to recommend, which can depress long-term sales potential," said Pavach.
|Holiday Shopping Satisfaction, |
October 31, 2005-January 1, 2006
|Source: ForeSee Results, 2005|
The trend mirrors one that occurred during the same period last year. "As we approach the holiday shipping deadline, pressured online shoppers are having a tougher time finding the products they want and ordering the merchandise in time," said Larry Freed, president and CEO of ForeSee Results.
"Retailers that do a poor job satisfying customers in these last days leading up to Christmas can bear the brunt of shoppers' frustrations in the future," said Pavach. "Consumers hold their retailer accountable for not meeting their needs and this will impact their future shopping choices."
The benchmark study uses methodology developed by the University of Michigan's American Customer Satisfaction Index (ACSI) to measure customer satisfaction for over 30 e-tail sites.
This Year's Premier Digital Marketing Event is #CZLSF
ClickZ Live San Francisco (Aug 11-14) brings together the industry's leading practitioners and marketing strategists to deliver 4 days of educational sessions and training workshops. From Data-Driven Marketing to Social, Mobile, Display, Search and Email, this year's comprehensive agenda will help you maximize your marketing efforts and ROI. Register today!
The Marketer's Guide to Customer Loyalty
Customer loyalty is imperative to success, but fostering and maintaining loyalty takes a lot of work. This guide is here to help marketers build, execute, and maintain a successful loyalty initiative.
The Multiplier Effect of Integrating Search & Social Advertising
Latest research reveals 68% higher revenue per conversion for marketers who integrate their search & social advertising. In addition to the research results, this whitepaper also outlines 5 strategies and 15 tactics you can use to better integrate your search and social campaigns.
Wednesday, July 23, 2014