| This
month's issue takes a look at the miscellany that caught my eye
these past few weeks. From the difference in stress levels between
American working women and European women to some tidbits from an
interview I recently conducted with Lisa Kent, President & CEO
of Netgrocer.com, and word from Jupiter Media Metrix of the aging of
web shoppers, it all gives us something more to think about in terms
of trying to reach women consumers in this day and age. (Phew...
that was a long sentence... sorry.)
Hope you are all witnessing a hint of spring like I am in the the
gorgeous Pacific Northwest.
In this issue:
1.
Stress Test: Differences Between US and European Lifestyles
2. Live
chat can do more than customer service--it can sell
3.
Investing in “Nesting” is Big Business
4.
Netgrocer.com Success Secrets
5. Aging market is up and
coming web shopping force
6. ReachWomen News: "Where's the
book?" you ask, and more
1.
Stress Test: The Differences Between U.S. and European
Lifestyles
(With thanks to RWO reader Gisela Gier of 23red for sharing this
tidbit)
In 2001, The Henley Centre surveyed consumers in France, Germany,
Great Britain, Italy, Spain and the United States on a wide range of
issues, including stress and time pressure. One of the more
compelling results of this survey: Americans are less likely to feel
pushed for time and out of control of their lives than Europeans.
Digging deeper, The Henley Centre discovered two factors that may
contribute to this difference: First, Americans' attitude to the
increasing demands of work seem to mitigate against feelings of
stress and time pressure. Second, Americans seem more willing to
compromise in order to relieve the stress that they do feel.
For working women in particular, the study showed that while that
group is the most pressured in both the United States and Europe,
their stress stems from different sources. European working women,
especially Italians who showed the highest level of time pressure
across all consumer groups studied, feel stressed mainly because of
their work. For American working women, the main driver behind time
pressure seems to be having children.
*****
Let's all strive to serve up products/services that better
respond to a woman’s need for time-savers and help assure her that
her children are safe and healthy in the world.
Link to full article: http://www.henleycentre.com//20020211095835-14521.html
2. Live chat can do more than customer service--it can sell (From
Internetretailer.com)
“While live chat functions are just starting to be adopted by
online retailers today, some industry participants say that if
retailers use them mostly for customer service, they are being
dramatically underutilized. "Most companies try to justify the
utilization of live chat in terms of ROI.”
Immediate contact with customers builds relationships and
provides positive experiences, bringing them into the cycle of loyal
customers. K-Swiss, for example, uses live chat to answer customer
questions about sizes and style of K-Swiss shoes, and a whopping 75%
of chat conversations are directly related to product knowledge.
*****
Once customers have their questions answered they will often make
a purchase, so what are you waiting for?
Link to article: http://www.internetretailer.com/dailynews.asp?id=6249
3. Investing in “Nesting” is Big Business (From an article by
Carrie Kirby and Pia Sarkar of the San Francisco Chronicle, 2/27/02)
“A reluctance to travel in the wake of Sept. 11, a slower
economy, attractive mortgage refinancing terms and an increase in
free time have combined to boost consumers' nesting instincts,
driving the home improvement and furnishing industry to lofty
heights in the process.”
*****
World events, natural disasters and economic swings or not, “trend-watchers
say that Americans are likely to continue focusing on the home.”
Faith Popcorn saw it coming early on, and included a chapter on “cocooning”
in her book “Clicking” (1996, HarperCollins). Those of us who
can position our products or services with “nesting” in mind can
tap into the big pay-off.
Link to full article:
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2002/02/27/MN67979.DTL
4. Netgrocer.com Success Secrets
Customer-centric Netgrocer.com does an awful lot right in
reaching their mainly female consumers, even though their products
aren't always the cheapest and they don't carry produce. How can
that be?
-They focus on serving the right customers, not all possible
customers everywhere.
-They let customers develop and grow the product selection, rather
than letting shelf space limit it.
-They have always had a live voice 800# for customer service.
-They guarantee 100% satisfaction throughout the experience (web
site shopping to shipping/delivery).
-They respond to every customer comment promptly (within 24 hours
in most cases).
(Part 1 of my article on Netgrocer.com and President & CEO,
Lisa Kent: http://ecommerce.internet.com/news/insights/trends/article/0,,10417_993641,00.html
)
5. Aging market is up and coming web shopping force
According to a March 4, 2002, Jupiter Media Metrix press release,
"Tomorrow's Online Shopper Will Be Older And Less
Affluent." More snippets from that release:
"The next generation of online shoppers will be quite a bit
different from the consumers who defined the Internet channel in its
early years," said Ken Cassar, Jupiter senior analyst.
The next generation of online shoppers will:
-Skew Older,
-Be Less Affluent, and (of most interest to us);
-Clothes, Prescriptions and Home Products Will Be Hot
"Jupiter analysts have found that apparel, prescription
drugs and home products will be hot online sellers in the years
ahead. As the average woman - who spends more money on apparel than
the average man does - shifts more of her budget to the Web, apparel
will grow as a category online. Similarly, as the population of
online users ages 55 and up grows (who are nearly twice as likely to
have purchased prescription drugs online as average Internet users
are), so will the online prescription market. Jupiter analysts are
also expecting kitchen products, small appliances and large
appliances - which typically perform well among women and older
consumers - to experience strong growth over the next five
years."
Link to Jupiter Media Metrix press release:
http://www.jupitermediametrix.com/xp/jmm/press/2002/pr_030402.xml
6.
ReachWomen
News:
That darned book: Upon recent review of the editorial process,
and taking into account the further knowledge (astounding amounts)
we've gained since we began compiling our Marketing to Women Online
book, Lisa and I have decided to go the more traditional publishing
route - and deliver a bound "tome."
Because this further delays what many of you have already been
waiting months for (arghhhh), we will likely package smaller bits of
"marketing to women online" information into downloadable
PDF documents to tide you over. I'll keep you posted.
April's LA Internet World: If any of you find yourself in LA on
April 26, why don't you come visit me in an "a la carte"
session of Internet World? Aliza Sherman, Internet Pioneer and
Author will moderate the panel of marketing to women online experts
that will include Jodi Turek, President of womensforum.com, Jennifer
Openshaw, Founder of Women's Financial Network, Corliss Hale, CEO of
NMI Advantage/NetMommies.com, Fran Maier, Executive Director of
TRUSTe, and me.
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