Thursday, August 16, 2012

Research Reveals That Online Video Can Help Increase Retail Sales


By: MediaPost
Video is helping the retail industry to increase sales. Here are the the latest results from Google research:
  • According to the recent study YouTube videos about products, along with ads and other content can influence apparel purchase decisions by 57%.
  • Google study revealed that product videos can drive 37% of consumers to shop online and 44% at the retail stores.
  • It turns out that consumers who used video for product search spent more and shopped more frequently in the last 6 months.
  • 26% of consumers ranging in ages from 18 to 34 rely on video to decide the company to purchase from.
  • More than one in four apparel shoppers by from impulse. The main shopping drivers are: good deal, latest trends, free shipping and redemption of gift cards.
  • 13% added more to the basket to meet the free shipping requirement.
  • All categories of apparel show sales growth but dresses demonstrate the highest percentage at 131% year over year.
Read the original article.


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