Wednesday, Feb. 8, 2012
Brand Websites Create Retail Store Buyers
According to a new Accenture/comScore/
To help CPG executives better understand the link between consumers’ usage of brand websites and their brand purchases in retail stores, the research was designed to accomplish three objectives:
- Quantify the retail sales value of the visitors to various brand websites
- Identify the most valuable features and content that can be provided on CPG brand websites
- Provide insights and opportunities to further explore online destinations where Internet marketers can best reach their brand buyers and prospects
Comparison of In-Store Performance Metrics for Website Visitors and Non-Visitors (Indexed Such That Non-Visitors = 1.0) | |||
Average | Minimum | Maximum | |
Monthly Brand spending | 1.37 | 0.83 | 2.05 |
Category Spend | 1.53 | 0.79 | 3.19 |
Brand Units | 1.48 | 1.05 | 2.00 |
Category Price Per Unit | 0.97 | 0.70 | 1.59 |
Source: Accenture/comScore/ |
According to the report, CPG brand website visitors were highly engaged, valuable customers and frequent purchasers of the brand. CPG brand website visitors spend an average of $2.86 per household, $0.72 more than non-visitors, and on an indexed basis they purchase 48% more units of the brand.
Absolute Differences in In-Store Performance Metrics | |||
In-Store Performance Metric | Website Visitors (Average) | Non-Visitors(Average) | Difference |
Monthly Brand Dollars | $2.86 | $2.14 | $0.72 |
Monthly Category Dollars | 6.86 | 4.83 | 2.03 |
Numbers of Brand Buying Occasions in Six MonthPeriod | 3.2 | 2.3 | 0.90 |
Source: Accenture/comScore/ |
- Engagement with the brand does not translate to exclusivity, as brand website visitors are also highly engaged in the category and are more likely to be heavy category buyers than non-visitorsl Compared with non-visitors, brand website visitors spend 53% more category dollars and purchase 58% more units in the category
- Brand website visitors have more purchase occasions than non-visitors for both the brand and the category, making 35% more purchase trips for the brand and 39% more in the overall category
- Despite greater engagement with the brand and the category, website visitors pay 8% less per unit than non-visitors. It is likely that these visitors were visiting websites to download coupons, opines the report. Interestingly, says the report, website visitors paid 2% more per unit than non-visitors for two of the ten CPG brand web sites. These two web sites had a web content strategy focused on “brand value messaging” rather than “coupon downloads”
- Website reach or unique visitors per month (“Reach”)
- Minutes per visitor (“Time”)
- Number of pages viewed per visitor (“Pages”)
Over-indexed reflects a greater orientation than average to a particular site or site category. Conversely, under 100 means means less oriented to that site than the average Internet user. Several key findings surfaced using this approach, says the report:
- The Beauty/Fashion/Style website category exhibited by far the strongest Intensity Index among website categories
- Brand Buyers over-indexed in Intensity, Pages and Time within the eCards, and Community website categories
- Brand Buyers in particular over-indexed in number of Pages consumed in the Food Community category (such as recipe sharing sites)
- Brand Buyers were also very active in content-rich categories such as News, Portals, and Weather; they were particularly attracted to AOL, MSN, Weather Channel, WebMD, Gannett, and Demand Media sites
- Brand Buyers spent over two times more minutes per visitor with the Politics site than the average Internet user
- Brand Buyers were relatively experienced users of the web, with strong indices exhibited across all metrics in Technology, Online Trading/Banking, and eCommerce website categories
Given the strong correlation between time spent on the site and in-store purchases, the research team examined the factors that influence whether visitors spent more time on the site. Overall, four website attributes correlated most closely with a higher brand purchase index (greater brand spending in-store for website visitors than non-visitors):
- A compelling brand value message that provides a persuasive reason, other than a coupon, for a website visitor to buy the brand
- Fresh content updated at least weekly to encourage visitors to engage and participate and return frequently
- Content that creates an engaging online experience such as a pulse survey on the home page, or an opportunity to rate a new product or product attribute, or user generated content like recipes or weight-loss planning
- Well designed site navigation that is intuitive, uses simple menus and has clear site maps
The report concludes by suggesting that most CPG companies are missing the opportunity to influence brand engagement and brand buying behavior on their brand websites simply because not enough consumers visit their site. To the extent that this study quantifies the potential of websites to influence brand engagement and in-store purchase, CPG company efforts to increase traffic to the brand website offer tangible return on investment.
Average Monthly Visitors to Top 25 CPG Brand Websites (Defined by Buyer Penetration) | |
Number of Monthly Unique Visitors (000) | % of Brands |
Under 100 | 64% |
100-199 | 24 |
200-299 | 4 |
300+ | 8 |
Source: Accenture/comScore/ |