Research: 2010 SORO Marketing, Social Media & Mobile Report Released

2 Comments | This entry was posted in, Marketing, Mobile, Research, Social Media

The full results of the first State of Retailing Online (SORO) 2010 survey were released today. Members can download the findings now, which cover interactive marketing, social media and mobile. We were able to break out results by company type (multichannel vs. pureplay), size (annual Web revenue), and Web selling tenure, as well as by category for apparel, accessories & footwear; beauty & personal care; general merchandisers; home; and sporting goods & accessories.

A few highlights:

  • Retailers surveyed reported an average of 29% growth in Web sales for 2009 vs. 2008.
  • Search still takes the lion’s share of interactive marketing budgets, with paid search dominating as the largest single allocation of marketing spend. Furthermore, nine out of 10 retailers surveyed noted search engine marketing was among the most effective customer acquisition sources last year.
  • Retailers are investing this year in browse and navigation functionality, as well as product page content.
  • Four out of five retailers surveyed  that this is a great time to pursue social marketing strategies so they can  experiment and learn from them – even if the return is as yet unclear.
  • To date, social marketing initiatives implemented include social network pages, microblogs, and customer ratings and reviews, among others. Anticipated investments going forward center on further leveraging customer / user generated content.
  • Mobile is another significant focus for online retailers. While many are still developing their mobile strategy, retailers surveyed have big plans for functionality for this emerging channel, anticipating an average investment this year for mobile of about $170,000 (and quite a bit more for large and multichannel retailers specifically). Members can also register for the playback of the May 5 Webinar, which included some high level initial findings from this survey, along with a discussion of those with Brian Walker of Forrester and Rob Schmults of SmartDestinations. As always, I welcome your feedback.

Bookmark and Share
Posted in: | Marketing | Mobile | Research | Social Media

2 Trackbacks

  1. [...] entreprises qui constitue une partie de "l'état de l'art du commerce de détail en ligne". C'est un rapport court mais complet sur les états d' âmes des Retailers Web-Mobile…. Voici l'un des graphiques [...]

  2. [...] by Multichannel Merchant, a Chief! Marketer publication, where the author looks at the results of The State of Retailing Online 2010 survey recently conducted by Forrester Research for [...]

Post a Comment

Your email is never published nor shared.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>