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ShopLocal Debuts Web Shopping Knowledge
Center
By Visiting New Corporate Web Stie -- ShopLocalLLC.com
-- Retailers Can Access The Latest Web Shopping Research and
Other Resouces To Help Improve Their Brand's "Shopability"
CHICAGO – November 16, 2005 –
ShopLocal, LLC, the leading provider of Web shopping services
for retailers and other local businesses, announces the debut
of the Web Shopping Knowledge Center, a source for expert
information on Web shopping trends, as part of the new ShopLocal,
LLC corporate Web site (www.ShopLocalLLC.com).
In addition to the official functions of offering background
on ShopLocal news, events, and products (including SmartCatalog,
SmartCircular, and The ShopLocal Network featuring ShopLocal.com),
the site’s Web Shopping Knowledge Center provides access
to educational tools such as new research, expert bylines,
and industry data. These new resources are part of the company’s
ongoing effort to help retailers improve their “Shopability”;
that is, to fully utilize the power of the Web to forge relationships
with customers wherever they shop, whether in-store or on
the Web.
Visitors to ShopLocalLLC.com can click “Web-to-Store”
to access the Web Shopping Knowledge Center. Currently, the
site features white papers such as Web-to-Store: Understanding
Online and Offline Consumer Shopping Attitudes, Behaviors,
and Expectations from consumer behavior expert Sue Larrison
of Larrison Communications, Inc., as well as two studies from
The Dieringer Research Group: the ShopLocal Web-to-Store Study
and the newly released Mid-term 2005 Web-to-Store Benchmark
Survey. The latter, a follow-up to last year’s survey,
continues the discussion of how Web-to-store shopping (researching
online before buying offline) is altering the shopping landscape
– and how online marketing efforts impact in-store sales.
For example, according to the Dieringer Research Group, despite
the hype surrounding the growth of pure e-commerce spending,
in the 4th Quarter of 2004 Web-to-store spending outpaced
online spending. And more than 70 percent of those surveyed
indicated they are using the Internet to make local store
decisions more in 2005 compared to last year.
Additional findings from the Mid-term 2005 Web-to-Store Benchmark
Survey include:
- An estimated 84.3 million US consumers made offline purchases
impacted by online information in 2004, up 19 percent from
the previous year.
- 48 percent of those surveyed said they expect to do more
Web-to-store shopping in the coming year, versus 34 percent
who said they expect to use the Internet more for
online purchases.
- During the 4th Quarter of 2004, Web-to-store shoppers
believe they saved eight hours of shopping time by using
the Internet.
- Also in the 4th Quarter of 2004, $400 was spent at local
stores after conducting online research versus $250 spent
directly online.
- Nine out of 10 shoppers indicated they purchased extra
products at local stores in addition to the products researched
online.
- Two-thirds of Web-to-store shoppers believe that online
information is somewhat or much more important than other
types of shopping information, when making the
decision of where to buy locally.
“To truly measure how the Internet is changing shopping,
one must consider the Web-to-store shopper,” says ShopLocal
founder and CEO Brian Hand. “E-commerce is important,
and with our new consumer site we help retailers connect with
customers that want to buying online, but in many instances,
people still want to see, touch, and experience a product
in person before making a purchase. This new research shows
quite clearly that successful retailers must take a 360-degree
look at the shopping universe. Because the shoppers of today
demand choice.”
ShopLocal leverages more than six years of knowledge managing
and hosting local promotional content for retailers of all
sizes, including many of the Top 100 retailers in the country.
And because ShopLocal’s content comes directly from
retailers, information is always up-to-date and geographically
relevant. Owned by Tribune Company (NYSE: TRB), Gannett Co.,
Inc. (NYSE: GCI), and Knight Ridder, Inc. (NYSE: KRI), ShopLocal
delivers an expansive online and print network to help connect
shoppers with thousands of retailers. ShopLocal is the only
site that provides a 360-degree view of the shopping landscape
– from the boutique store down the block, to the chain
store that just opened across town, to e-commerce options
from hundreds of other retailers.
About ShopLocal
ShopLocal, LLC 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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