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With over $72.5 billion in expected sales at stake, retailers must work to maximize seasonal revenue during the second largest promotional period of the year by finding more effective ways to acquire and engage customers through dynamic marketing strategies.
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Sources:1. https://nrf.com/news/consumer-trends/top-back-school-trends-20132. http://www.outbrain.com/blog/2014/04/the-data-on-back-to-school-content-consumption-its-not-too-early-to-start-your-2014-campaign.html3. http://www.deloitte.com/view/en_US/us/Industries/Retail-Distribution/5e8b875282d15410VgnVCM3000003456f70aRCRD.htm#.U5H0_PldVXE4. www.deloitte.com/us/2013BackToSchoolSurvey5. http://www.emarketer.com/Article/Majority-of-US-Internet-Users-Will-Redeem-Digital-Coupons-2013/1010313
Winning the Back-to-SchoolRetail Season
What Influences Consumers to Purchase?
Expected spend per family:
$634.78 $836.84
Strategies to Capture Share of Wallet
With over $72.5 billion in expected sales at stake, retailers must work to maximize seasonal revenue during the second largest promotional period of the year by finding more effective ways to acquire and engage
customers through dynamic marketing strategies.
Total expected spend:
Online Shopping Trends
© RevTrax 2014. Confidential and proprietary property of RevTrax. All rights reserved.
Create a mobile experience for all offers
and promotions.
Adjust for differences between BTS and BTC shoppers
While consumers will start early, it’s never too late to
adjust strategies!
Interact with consumers through the duration of the path to purchase
While in store picking up their items, 37% of consumers usually purchase other products as well.
Encourage your brand advocates to share offers
and deals with friends and family
21% of consumers use social media for Back to School shopping.
12% of moms likely to tell other
moms about things seen on
social media
of parents will comparison
shop online
of BTS shoppers will shop
online more oftenof BTS shoppers will do more
comparative shopping online
25.7%of consumers stated
that 76-100% of
purchases were
influenced by coupons,
sales and/or
promotions
Economy impacts school
& college spending plans
Shoppers Start Consuming Content as Early as June