For online and multi-channel merchants planning their holiday shopping blitz, here's some guidance about what promotions are most likely to drive purchase decisions. Marketing Profs recently reported on the promotional preferences revealed in a survey of 1,000 holiday shoppers and 100 major retailers by commerce marketing platform Bronto and market research firm Ipsos. When it comes to online-only shopping, free shipping is a key draw, with 84% of holiday shoppers saying free shipping influences online purchase decisions and over a third (38%) saying they will not shop an e-commerce site that does not offer free shipping. Overall, including in-store sales, customers rate percent-discount promotions as the top inducement to buy (71%), followed by clearance sales (65%), buy-one-get-one (58%), dollar-off sales (52%) and free gift with purchase (47%). The interesting thing about the survey results is that merchants polled don't have the same promotional preferences; while 72% say they plan to use the percentage discounts popular with shoppers, only 38% plan to embrace BOGO sales, for example. And despite the importance of free shipping to online shoppers, only 18% of online-only merchants say they plan to offer it on all purchases; e-tailers prefer (41%) limiting free shipping to certain order values or times. Some holiday promos also differ in appeal according to consumer age. Limited-time "Flash Sales" appeal most to millennial shoppers (54% say they are more likely to buy) but decline as a purchase inducement with age, down to just 15% of those over 65. For more detail. see http://www.marketingprofs.com/charts/2015/28594/the-holiday-promotions-consumers-like-most
Customer Behavior - Approximately one-third of holiday shoppers say they will not shop on an e-commerce site that doesn’t offer free shipping, according to a recent report from Bronto and Ipsos.