More Consumers Research Packaged Goods Online Before Purchase

The four articles below highlight recent trends for consumer packaged goods (CPG) marketing:
  • CPG Starts Thinking Outside the Box - After decades of relying on television and print advertising, US CPG marketers are finally moving a larger proportion of their marketing budgets online. This year, eMarketer projects that CPG companies will spend $920 million on all forms of Internet advertising, up 33% over 2006. Consumers are going online to search for and research CPG products and then discussing them on blogs and social networks. “But consumers are not just browsing for promotional offers and coupons, they are buying CPG products online.”

  • Google's Latest Search: More CPG Advertisers - CPG brands are projected to allocate a mere 2.5% of their advertising spend to online initiatives by 2011. In response, Google is out to prove that it offers these brands, which Google estimates sell as much as 90% of their goods through brick-and-mortar stores, the ability to advertise just as effectively, and exponentially more efficiently, than TV and print (Q&A with Google’s national industry director of CPG).

  • More Consumers Research Packaged Goods Online Before Purchase - A new study finds that shoppers are even doing Internet research on routine consumer packaged goods decisions--with 70% saying they have researched brands before buying them at the grocery store. Mostly, consumers go online primarily looking for information (48%), followed by savings (46%). A much smaller group--6%--say they use the Internet primarily for tips on how to use a product. And 40% say that the Internet influences daily purchasing decisions.

  • Consumers Go Online for CPG Info - "Poll results show that there are tremendous opportunities for CPG marketers to reach consumers online. General savings and shopping sites as well as branded product sites can attract consumer interest, provided CPG marketers focus on populating these sites with product information, product savings offers and tips on how to use specific products."

Posted by Universal Ad

 del.icio.us  Stumbleupon  Technorati  Digg 

 

What did you think of this article?




Trackbacks
  • No trackbacks exist for this entry.
Comments
  • No comments exist for this entry.
Leave a comment

Submitted comments will be subject to moderation before being displayed.

 Enter the above security code (required)

 Name

 Email (will not be published)

 Website

Your comment is 0 characters limited to 3000 characters.