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Therefore, the better a brand can understand a customer and their use of their site, the greater the probability of engaging them and securing the sale.
Majority of product searches take a month or more to lead to a sale
Source – New Media Age Only a fraction of search queries lead to an immediate sale, with close to a third of consumers taking longer than two months to make a purchase. According to findings from a joint project by Yahoo!, ComScore and The Search Works, out of all internet searches, just 3% of consumers purchase during their first session. Just under two-fifths (37%) of consumers purchase within a month of their search, while 32% take up to two months and 28% don't buy until three months after their search. The report also revealed that while 54% of consumers who use search engines buy on the web, as many as 46% purchase offline. Stewart Hunter, group account director for retail at The Search Works, said the report showed the influence the web, and strong search campaigns in particular, have on consumer buying habits. "There's a real, significant link between online sales and offline purchasing," he said. "Retailers are now thinking a lot harder about the connection between their high street stores and the web, with the casual surfer more incentivised to maybe reserve online and pick up in-store." The research followed 150,000 keywords from ComScore's panel of 100,000 consumers, combined with a survey of 754 people.
Retailers best online Retail brands take top spots for providing best online experience
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