Today, a consumer can use a mobile app to take a picture of an item in-store and find comparable prices online. It's a reality that more shopping activity is happening in the digital channel. Retailers must adapt their strategy and invest in running a successful digital store just as much as they do with their brick-and-mortar establishment.
Chicago, IL (PRWEB) December 4, 2009
Acquity Group, a leading services firm focused on digital solutions, reported today that many clients leveraging its proprietary Commerce OnDemand® platform have experienced a huge surge in online holiday sales to date.
While the Wall Street Journal reports that Cyber Monday saw shoppers spending 11% more than they did a year ago at this time, Acquity Group clients averaged a more than 30% increase on Cyber Monday alone.
Acquity Group's data, compiled from Nov. 26 to Dec. 1, also indicates that unlike the 2008 holiday shopping season when most of the shopping activity took place on Cyber Monday, this year the distribution was more widespread.
"There was a shift of orders to the Wednesday before Thanksgiving, and even Thanksgiving day," said Andrew Tubbs, Acquity Group Vice President of Managed Services. "We saw retailers promoting their discounts and sales before and after Black Friday and Cyber Monday. In reality, it became more like a 72-hour Black Friday."
Within the six-day period, Acquity Group clients saw a dramatic 88% increase in total order size and an average of 85% increase in total sales compared to last year.
Tubbs attributes this increase in sales to several factors, among which is a strong coordination between marketing activity promoting deeper discounts to entice customers, along with a stable online payment platform that made holiday purchases easy.
"Having an attractive online presence with a reliable eCommerce platform, as well as a complementary mobile strategy, is more critical than ever," said Tom Nawara, Acquity Group Director of Digital Strategy & Design. "Today, a consumer can use a mobile app to take a picture of an item in-store and find comparable prices online. It's a reality that more shopping activity is happening in the digital channel. Retailers must adapt their strategy and invest in running a successful digital store just as much as they do with their brick-and-mortar establishment."
While some news reports indicate there were several eCommerce sites that experienced glitches in web stability throughout Black Friday and Cyber Monday -- resulting in lost sales opportunities -- Acquity Group maintained stable eCommerce platforms for its clients throughout some of the heaviest trafficked days of the year.
"Our customers by far outperform the rest of the industry, as evidenced by these terrific numbers," said Tubbs. "When retailers plan for online shopping, they have to consider the ease-of-use, website availability, and cart checkout process, among other things. If you don't make the online experience intuitive and reliable for consumers, they're going to abandon your site and make their purchases elsewhere."
About Acquity Group:
Acquity Group delivers award-winning, tailored solutions to elevate brands and businesses by maximizing the digital channel. Acquity Group's innovative strategy, marketing & design, IT planning, and commerce & content services are the cornerstone of effective digital communication for today's leading brands. Acquity Group is headquartered in Chicago and has offices in Irvine, CA; Los Angeles, CA; Overland Park, KS; Scottsdale, AZ; and Dallas, TX. To define a unique perspective for your business, contact Acquity Group at http://www.acquitygroup.com.
About Commerce OnDemand®:
Acquity Group's Commerce OnDemand® solution is specifically designed for organizations that have a comprehensive vision for multi-channel commerce, but wish to avoid lengthy and expensive software implementations and the day-to-day care and feeding of an eCommerce infrastructure.
As an industrial-strength, end-to-end commerce solution, Commerce OnDemand® greatly reduces the required maintenance time and comes pre-integrated with crucial order fulfillment and international purchasing and shipping capabilities. To support a growing demand for the platform, Acquity Group has made value-added improvements to enhance its data center infrastructure, transitioned to the virtualized cloud, and increased its transaction capacity by 150% over the last year alone. For more information, visit http://www.acquitygroup.com.
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