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THE ECONOMY is not only im- “Retailers know that times are
pacting shoppers, it’s affecting tough, so they have created pro-
online retailers, too. According motions and incentives to help
to results of Shop.org’s eHoliday Americans save money this holi-
Study, conducted by BIGresearch, day season,” said Scott Silverman,
shoppers will see changes in re- executive director of
Shop.org.
tail marketing and promotions “From free shipping to Facebook,
this holiday season, in response online retailers are combining new
to economic uncertainty. With initiatives with tried and true tac-
an understanding that many of tics to make their companies stand
today’s shoppers use Facebook out.” Online retailers are also
and Twitter regularly, and because compensating for the economy
these tools are more cost effective by making operational changes
than traditional advertising, 47.1 to help them protect their prof-
percent of retailers surveyed will its. According to the survey, 41.4
be increasing their use of social percent of retailers have scaled
media this holiday season. back on inventory levels, and 22.9
More than half of retailers percent have hired fewer people in
surveyed said they have added their stores.
or improved their Facebook page While online growth is expect-
and Twitter pages this year, ac- ed to slow this holiday season,
cording to 60.3 and 58.7 percent of it remains a bright spot in retail.
retailers. Two thirds said they have According to the survey, 45.8 per-
added or enhanced blogs and RSS cent of web retailers expect their
ONE VERY PROFITABLE
feeds. In addition, to provide con- holiday sales to increase at least
SQUARE FOOT…
sumers with an extra incentive to 15 percent over last year, while
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