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Wednesday, July 23rd, 2008.
J.C. Penney saw 8.7% growth in online traffic for the first quarter of 2008, while same store sales saw a 7.4% drop. Gap saw a 21% increase in online sales compared with an 11% decline in same store sales.
Looking for a way to get shoppers to buy from your site? Free or discounted shipping is a popular strategy. Makes sense, doesn’t it? If people are looking to save on gas, then reduced/free shipping is all the more reason to buy online. Or try couponing, which is up 56%.
The Times also points out that deals on shipping are a stark contrast to businesses who raise fees to cover their costs due to increasing gas prices (yeah, we’re talking about you, airline industry!).
Are you noticing a change in consumer behavior due to rising gas prices? Let us know in the comments.
Forum: Search Engine Optimization Posted By: TPN Post Time: July 23rd, 2008 at 8:02:26 am
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