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MAIDENHEAD, UNITED KINGDOM and WAKEFIELD, MASSACHUSETTS -- (Marketwired) -- 11/04/13 -- Sixty percent of global holiday shoppers will pay more for a positive customer experience, according to a new consumer retail behavior study from SDL (LSE: SDL).
This finding highlights SDL's annual Holiday Shopping Preferences 2013 Study, a broader examination of shopping preferences and behaviors for businesses to leverage this holiday season. With organizations such as the National Retail Federation and Verdict predicting consumer spending to increase this year in both the U.S. and the U.K., it's especially important for organizations to understand these trends, in order to deliver a consistently compelling and engaging customer experience.
The study surveyed over 4000 consumers across the United States, United Kingdom and Australia. An in-depth analysis of the results will be released via webinar on Wednesday, November 20 at 11:00 a.m. EST / 4:00 p.m. GMT. A summary of key findings includes:
-- Key dates continue to lose relevance: Key shopping dates matter less to
consumers worldwide, as the vast majority of shoppers in the United
States confirm that they're not waiting for Black Friday (82 percent) or
Cyber Monday (80 percent) to begin their holiday spending. This
sentiment was echoed globally, as consumers in the United Kingdom (63
percent) and Australia (73 percent) do not plan their holiday shopping
around a specific day.
-- Brick & Mortar standing strong: Despite the growth in online sales
volume, consumer preferences of online against traditional "brick and
mortar" stores continue to experience slight growth, compared to 2012.
In the U.S., the preference towards brick and mortar stores increased
from 51 percent to 53 percent; in the U.K., the preference increased
from 43 percent to 45 percent.
-- Mobile right for research, but purchases stagnate: While mobile commerce
technology continues to evolve, the majority of consumers in the U.S.
(64 percent), U.K. (68 percent) and Australia (67 percent) are not using
a tablet or smartphone more this year to purchase gifts. Mobile is a
valuable research tool, however, as 45 percent of all respondents use
mobile devices to conduct research.
-- "Showrooming" remains relevant: More than half of the holiday
respondents this year are researching products they want to buy directly
in the store (55 percent). This is a more common research option than
the use of online tools such as retailer websites (42 percent) and other
ecommerce sites (26 percent).
-- Product research diversifies, but social lags behind: Despite the
growing popularity of social channels, only 5 percent of respondents
learn about products on Facebook and Google+; less than 2 percent on
Pinterest and Twitter.
-- The myth of workplace shopping: 71 percent of global shoppers shop
during personal time - and not during work time - challenging the belief
that online holiday shopping drains workplace productivity. The study
also found that more than 40 percent of U.S. shoppers prefer to shop in
the evening while consumers in the UK and Australia prefer to shop in
the morning.
-- A positive customer experience is essential: 60 percent of global
consumers are willing to pay more for a product if the brand delivered a
positive customer experience. For consumers in the U.S., that total
expands to nearly three-quarters (73 percent).
"The holiday shopping season is a critical time for brands to provide a positive customer experience," said Mark Lancaster, CEO of SDL. "Our study shows that consumers' preferences and behaviors can shift considerably from year to year, from country to country. Organizations that are able to consistently deliver compelling and engaging experiences, across media and geographies, are those that are poised to be successful this holiday season."
About SDL
SDL (LSE: SDL) allows companies to optimize their customers' experience across the entire buyer journey. Through its web content management, analytics, social intelligence, campaign management and translation services, SDL helps organizations leverage data-driven insights to understand what their customers want, orchestrate relevant content and communications, and deliver engaging and contextual experiences across languages, cultures, channels and devices.
SDL has over 1,500 enterprise customers, over 400 partners and a global infrastructure of 70 offices in 38 countries. We also work with 72 of the top 100 brands. For more information, please visit http://www.sdl.com.
Twitter: https://twitter.com/SDL
LinkedIn: http://www.linkedin.com/company/sdl-plc
Facebook: https://www.facebook.com/sdlplc
Contacts:
SDL Corporate Headquarters
Vicky Ryce
+44 7792 662213
vryce@sdl.com
SDL North America
Jessica Hohn-Cabana
+1 508-353-3454
jcabana@sdl.com
www.sdl.com
PAN Communications
Emily Held, Adam Novak or Michael O'Connell
+1 617.502.4300
sdl@pancomm.com
FleishmanHillard
Phil Corfan, Francesca Palmiero, Antoinette Merchant
+44 (0)20 7306 9000
SDLeurope@fleishmaneurope.com
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