Join Mr. Fulgoni as he presents an update of the state of the U.S. online retail economy through Q3 2009 in a live webinar on Thursday, November 12 from 2 - 3 p.m. EST/1 - 2 p.m. CST/11 a.m. - noon PST. Webinar registration details are below.
Free Shipping a Must-Have Incentive for Retailers in 2009 Holiday Season
Over the past few years, free shipping has become a particularly critical incentive for stimulating online purchase behavior, and its importance has increased considerably during the recent economic downturn. The past several quarters have seen the percentage of e-commerce sales transactions including free shipping increase from 31 percent in Q1 2008 to 42 percent in Q3 2009.
“Free shipping has become an increasingly essential promotion in the e-commerce marketer’s toolkit,” added Mr. Fulgoni. “With more than 40 percent of all e-commerce transactions now including free shipping, it’s clear that consumers respond favorably to this incentive and in many cases have come to expect it from retailers. The retailers who do not offer free shipping deals this holiday season may find themselves at a significant disadvantage versus those who do.”