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Category Archives: advertising

Women’s retail clothing buys dominated by “Bargainistas”

You’ve seen her before; always scouring the clearance racks, looking for the best sales and pulling out coupons at the register. She’s a Bargainista.

For this type of person, shopping is more like a competitive sport rather than a passive activity. This doesn’t mean she sacrifices style for cheap bargains. She is more likely to be pulling together a high dollar look with her expertly selected purchases.

Recently, BIGinsight Analysis conducted a survey that examined the behaviors of those shopping for women’s apparal. Here’s what they found . . .

Shopping Strategies and Behaviors – “Somewhat/Very true”
Adults 18+                            

  •     Coupons are essential when buying apparel. (36.3%)
  •     Getting a great deal on apparel is like a “sport” for me.    (56.1%)
  •     I browse social media sites and /or blogs for outfit ideas. (19.6%)
  •     I enjoy looking through catalogs, direct mail advertisements and circulars for apparel. (48.1%)
  •     I enjoy shopping for apparel sales and discounts. (58.0%)
  •     I plan my shopping trips for apparel around the coupons I have.    (33.0%)
  •     I think that shopping for apparel is a necessary evil. (39.2%)
  •     I try to re-create high-dollar looks on a low-dollar budget. (42.8%)
  •     Shopping for apparel is one of my favorite pastimes. (31.8%)
  •     The price of a garment is one of the last things I look at when shopping for apparel. (20.6%)
  •     Value and EDLP are more important to me than apparel sales or discounts. (49.1%)

Source: BIGinsight™ Monthly Consumer Survey, APR-12 (N=8,724)

CLick here for the full report on Behaviors and Shopping Strategies of Apparel Shoppers.

 

Which is better for your store – every day low pricing or promotional pricing

A study by the Stanford Graduate School of Business reports their study of how grocers responded to EDLP offered when Costco and Walmart moved into their markets. The results: It is very expensive to convert from promotional pricing to Every Day Low Pricing and it generates less revenue.

Interesting study of life in the real world. Worth noting that promotional pricing works best when your customers know about it so be certain to include the cost of advertising.

 
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Posted by on December 28, 2011 in advertising, Business, Consumer research, retail

 

Coupon growth continued – so did newspapers dominance

From: Scarborough Research

NEW YORK (August 10, 2011) –A new study from the consumer research firm Scarborough Research finds that American consumers continue to actively seek out ways to save money on everyday expenses. Coupon usage for household groceries is up 24 percent since 2006. People are turning to a myriad of resources for their coupons.

While more than one‐fifth (22 percent) are utilizing digital media such as email, text messaging or Internet sites to get their household coupons, the Sunday newspaper is the category killer. Almost half of all Americans get their household coupons from the Sunday newspaper.

Leading Sources for Household Coupons
1. Sunday Newspaper: 49%
2. In‐store Coupons: 43%
3. Mail: 33%
4. In‐store Circulars: 26%
5. Preferred Customer/Loyalty Card: 24%
6. TIE: Weekday Newspaper: 19%, Product Packages: 19%
7. Magazines: 17%
8. Internet Sites: 14%
9. Email or Text Messages: 14%
“As the American economic recovery continues to find a balance, people are utilizing a myriad of ways to save money. From traditional paper coupon clipping to seeking out deals online, consumers are getting creative with finding the best deals,” said Brian Condon, executive vice president of commercial development, Scarborough Research.

Digital Deal Seekers Provide Unique Local Business Connections

Daily deal websites are now being viewed as a media channel option for local businesses. Further, local media companies and other media businesses are getting in on the action through their own exclusive daily deal programs. Any company seeking to bolster local business has much to gain with daily deal programs, according to Scarborough. Scarborough finds that Digital Deal Seekers* are more likely than average adults to be patrons of local businesses such as florists, malls, restaurants and day spas. Here is a Scarborough profile of local businesses set to benefit from daily deal websites:
Restaurants

• Digital Deal Seekers* are 36 percent more likely than the average adult to have eaten ten or more times at a quick service restaurant during the past month, and 27 percent more likely to have eaten with this frequency at a sit‐down restaurant.
• More than half (53 percent) of Digital Deal Seekers ate at McDonald’s during the past month, and almost one‐fifth (17 percent) ate at Applebee’s.
• Their favorite cuisine is Chinese. Forty‐eight percent of Digital Deal Seekers ate at a Chinese restaurant during the past month. Forty percent ate at a Mexican restaurant, and 29 percent went out for Italian.

General Retail Stores
• Groceries: Digital Deal Seekers account for one‐third of the population that spends $200 or more on groceries weekly – the highest spending bracket measured by Scarborough.
• Department Stores: A full 91 percent of Digital Deal Seekers shopped a department store during the past month.
• Malls: They are 16 percent more likely to have shopped at a mall during the past month.
Local Specialty Stores
• Jewelry Stores: Digital Deal Seekers account for 39 percent of adults who shopped at a fine jewelry store during the past three months. They are 44 percent more likely to have done so.
• Bridal: They also account for 41 percent of all patrons of bridal stores during the past three months.
• Day Spas: Six percent of Digital Deal Seekers utilized a day spa during the past three months, but they account for almost half (43 percent) of adults who use day spa services.

• Florist: Digital Deal Seekers are 30 percent more likely to have used a florist during the past three months.

• Dry Cleaners: More than one‐fifth (21 percent) of all Digital Deal Seekers used a dry cleaner during the
past month, they are 37 percent more likely than the average adult to have done so.
• Pet Supplies: More than half (51 percent) of Digital Deal Seekers shopped a pet store during the past three months.
Health & Fitness Businesses
• Digital Deal Seekers are 47 percent more likely to practice yoga or pilates; 31 percent more likely to enjoy swimming; and 27 percent more likely to go running.
• They are 32 percent more likely to go to the gym.
Automotive Repair/Servicing
• Scarborough measures 13 types of auto repair services, and Digital Deal Seekers are more likely than the average adult to utilize each of them.
• From specialty detailing businesses to parts stores, a wide variety of types of local auto businesses have clientele utilizing Digital Deals.
“Daily deal websites are creating new media channel‐like opportunities for marketers, especially at the local level,” said Mr. Condon. “Local businesses embarking on digital marketing should consider the Digital Deal Seeker group a good place to anchor their efforts, as they are active local shoppers and consumers. As such, a key issue facing these daily deal sites is how they can differentiate their offerings according to the local needs and continue to evolve business models that create win‐win scenarios for local merchants.”

* Digital Deal Seekers refer to those adults who live in households that usually obtain cents‐off coupons via email, text messages or Internet sites, or those adults who went online for coupons during the past month.

SOURCE: Scarborough Research, Scarborough USA+ Study, Release 2 2010
About Scarborough
Scarborough (www.scarborough.com, info@scarborough.com) measures American life. Our consumer insights
reflect shopping patterns, media usage across platforms, and lifestyle trends for adults. Media professionals and
marketers use Scarborough insights to make smarter marketing/business decisions on things like ad placement,
multicultural targeting, and sponsorship opportunities. The company’s core syndicated consumer insight studies in
77 Top‐Tier Markets, its Multi‐Market Study and its national USA+ Study are Media Rating Council (MRC)
accredited. Other products and services include Scarborough Mid‐Tier Local Market Studies, Hispanic Studies and
Custom Research Solutions. Scarborough measures 2,000 consumer categories and serves a broad client base that
includes marketers, advertising agencies, print and electronic media (broadcast and cable television, radio
stations), sports teams and leagues and out‐of‐home media companies. Surveying more than 210,000 adults
annually, Scarborough is a joint venture between Arbitron Inc. (www.arbitron.com) and The Nielsen Company
(www.nielsen.com).

 

A video invitation for News-Review advertisers

 

 

 

NR launches new coupon deal site

Today (April 20, 2011) The News-Review launched its online coupon site called, “Steal the Deal”. As we approach late afternoon on day one we have 35 people who have already signed up for a $5 coupon to Smokin’ Friday BBQ.

It would be hard to miss all of the hype about Groupon, a coupon website that has more market valuation than some of the largest newspapers with which it competes. The field for online couponing  has proven to be popular with consumers and businesses.

If you’ve wanted to give online coupons a shot talk with your News-Review account manager.

 
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Posted by on June 27, 2011 in advertising, The News-Review

 

So many choices, why advertise in newspapers?

The world has changed. We’re all looking for the next big thing, especially if we can get there first, cut our costs and gain competitive advantage. Why should you advertise in newspapers, asks Openforum.com

Author Steve Strauss, from the Strauss group lays it out and his reasoning is sound. He cites reasonable costs, especially if your target audience is over the age of 30. He provides more reasoning along with some caveates.

His conclusion: newspapers are the counter-intuitive smart choice.

 
 

Real estate advertising trends – where the action is

I mentioned in my newsletter (sign up for it using the email link on this page, the service is free) that I would provide a fuller report of a real estate advertising webinar which I attended conducted by Borrell Associates. This link to Inman News provides a fine summary and is provided by a leading real estate industry  publication.

Here are some of the key findings:

  • After a decade of rapid growth real estate firms spend a greater share of their ad budget for online advertising than does any other industry.
  • The share has risen to the level where it is over-invested
  • That spending growth is now over and spending for online is expected to be stable through 2015
  • Though a more diverse mix of media is generally used by successful marketers, online will be the “premier choice for Realtors”
  • Realtors are expected to increase their spending on newspaper advertising
  • That may reflect research that found newspapers are much better (42.2%) than  direct mail (33.4%), email marketing (28%), social media (22.6%) and online ads (17%) as a source of new customers
 

USPS “near collapse”, junk mail not enough

Something needs to change.

The USPS has lost billions, $12 billion in just the last three years, and it has essentially become the handmaiden of advertising mailers and business mail. Projections are that advertising mail pieces will decline an additional 12%-30% by 2020.

Digital distribution of advertising and first class mail are rapidly eroding the future prospects for the USPS. There are plans and recommendations to close post offices, reduce days of delivery, provide digital delivery, even use the agency resources in support of homeland security.

A postal consultant in Bloomberg Business Week says, “Pretty soon it’s going to be a government-run advertising mail delivery service. Does that make any sense? It doesn’t make any sense.”

Author Devin Leonard’s feature article does an excellent job of laying out the issues and some potential solutions.

 
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Posted by on May 31, 2011 in advertising, Business, Economy

 

Hate spam? The economics of spam e-mail

If your e-mail campaign looks weak in the sea of spam competitors, consider this research finding: it took 12.5 million e-mails to sell $100 worth of Viagra.

The New York Times reports that University of California researchers, seeking ways to eliminate spam, found that credit card companies could severely reduce the amount of spam email by rejecting claims from spammers.

Does not sound like they have found a receptive audience … yet

 
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Posted by on May 26, 2011 in advertising, Business, Media

 

Five tips for getting more from Facebook

So many businesses and business people have Facebook pages that making yours stand out from the crowd is an increasing challenge. Just utilizing FB is no longer much of a competitive advantage.

John Jantsch in his column for Duct Tape Marketing provides his suggestions for improving your return on investment.

Want more?

Your News-Review advertising account manager can hook you up with Swift Digital Marketing Partners who works with many small businesses and entertainment venues in the western United States.

 
 
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