| ShopLocal Index Indicates Consumers
Searching Retailers' Local Online Circulars Grew 18.7% in
the First Quarter of 2006
Chicago, April 19, 2006 - ShopLocal, LLC,
the leading provider of Web-to-store (W2S) and e-commerce
marketing solutions for retailers announced today that, according
to the ShopLocal Index, consumers seeking Web-to-store information
grew 18.7% in the first quarter of 2006 over the same time
period in 2005.
The ShopLocal Index is a cross-section of 12 top retailers
across several categories, including Target, Staples, Home
Depot, and Best Buy. Examination of the over 20 million visits
to the indexed retailers' online circulars reveals that consumers
utilize ShopLocal powered circulars as tool to conduct research
in addition to traditional search.
"The growing importance and availability of local store
and local search information for consumers can't be overstated,"
said Brian Hand, CEO of ShopLocal, LLC. "It's been common
sense for years that consumers who browse traditional local
print circulars are already indicating their desire and intent
to buy. But with online circulars, their behavior is increasingly
trackable and useful to retailers and marketers."
Nearly 40% of consumers viewing ShopLocal Index retailers'
online circulars viewed item detail pages (a detailed product
information page displayed after clicking on an item listing)
with another 17% browsing by category and 6% indicating an
intent to buy immediately online. According to a recent study
conducted by the Dieringer Research Group (DRG), the browsing
time of consumers researching products online versus in-person
in 2005 was typically 3 or more hours. This is 2 hours more
than 2004. According to the DRG, W2S products purchased by
a greater percentage of W2S shoppers after online research
included electronics, music, video and books, computers and
software, women's apparel, and cameras (Source: The Dieringer
Research Group 2006 U.S. Web2Store Benchmark Survey).
Additionally, a recent comScore Networks study, sponsored
by Google Inc., found that 63% of online product research
resulted in offline purchases. comScore's research emphasized
the importance of search in consumers' offline purchases while
the Dieringer Group's research also gauged the number of occasions
when local shopping decisions were influence by various medias.
Web-to-store shoppers said they relied on Internet research
nearly twice as often as the next leading local advertising
media source of information for local shopping trips which
are newspaper ads/inserts.
About ShopLocal
ShopLocal, LLC (www.shoplocalllc.com)
is the leading Web shopping company for consumers and retailers.
With ShopLocal.com and The ShopLocal Network -- made up of
more than 200 affiliate media, search, and shopping sites
-- consumers have access to the only place on the Web with
information on products from local stores side-by-side with
e-commerce options. With ShopLocal’s SmartCircular and
Smart Catalog services, retailers can distribute sales and
promotional content through The ShopLocal Network as well
as their own Web sites.
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