Value-Conscious Holiday Shoppers Influenced Most by Coupons, Newspaper Inserts and Word of Mouth
Market Wire, December, 2007
Consumer confidence is down, gas prices are up and consumers are looking for ways to stretch their holiday expenditures and are relying on coupons, newspaper inserts and word of mouth as key media influences for choosing a shopping destination, according to BIGresearch's ( http://www.bigresearch.com ) December Consumer Intentions and Actions Survey (CIA) of 8,135 consumers.
"Advertisers keep repeating the ROI mantra and from the consumers' standpoint, the best media to influence them to shop your store is through accountable forms of media, such as coupons, direct mail and newspaper inserts," said Gary Drenik, President of BIGresearch.
Top 5 Media Influences on Holiday Shopping Coupons 35.2% Newspaper Inserts 30.4% Word of Mouth 22.7% TV/Broadcast 21.3% Direct Mail 16.1%
"While media such as TV, radio and newspapers are still important, 78% of consumers couldn't identify a favorite holiday TV commercial and even among those who can, most say they aren't influenced to shop by the commercial," said Drenik.
Of the 22% of participants who identified having a favorite Holiday TV commercial, almost 70% say it either had no impact or did not motivate them to shop that particular retailer:
Did the commercial motivate you to shop that retailer? Yes 30.4% No 39.9% No impact; 29.8% I regularly shop there
Additional information on the CIA and other BIGresearch samples may be accessed by going to: http://www.bigresearch.com and clicking on Complimentary Top Line Findings.
About BIGresearch
BIGresearch is a consumer intelligence firm providing solution-based insights of consumer behavior, present and future, in areas of products and services, retail, financial services, automotive and media. BIGresearch conducts the monthly Consumer Intentions and Actions Survey (CIA) of 7,500 respondents and the semi-annual Simultaneous Media Survey (SIMM) of 15,000 respondents. More information is available at http://www.bigresearch.com .
Contact: Chrissy Wissinger BIGresearch 450 West Wilson Bridge Road Suite 370 Worthington, Ohio 43085 (614) 846-0146 Email Contact
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