Public Relations & Social Marketing Insight
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Public Relations & Social Marketing Insight
Social marketing, PR insight & thought leadership - from The PR Coach
Curated by Jeff Domansky
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Prices on Amazon may be lower on Black Friday than on Prime Day

Prices on Amazon may be lower on Black Friday than on Prime Day | Public Relations & Social Marketing Insight | Scoop.it

TVs sold on Amazon.com were 15% less on the Friday after Thanksgiving than they were on Prime Day 2015, Market Track finds.


Amazon.com Inc.’s second annual Prime Day promotion takes place July 12, but if last year is any indication, shoppers might be better off waiting until later in the year for the best deals.


A report from retailer pricing, advertising and promotions tracking firm Market Track finds that on Black Friday 2015, televisions were 15% cheaper compared to Prime Day. Video games, meanwhile, were 12% cheaper on the day after Thanksgiving than Prime Day, which last year was on Wednesday, July 15. Amazon Prime is Amazon’s annual subscription where shoppers pay $99 and receive perks such as free expedited shipping.


Market Track examined the prices of nearly 400 items on both Prime Day and Black Friday 2015 across five categories: TVs, video games, laptops, small appliances and tablets. Of the five categories studied, small appliances had the least difference in pricing, with those items 3% cheaper on Black Friday than on Prime Day.


Overall, all categories studied were cheaper on Black Friday than they were on Prime Day....

Jeff Domansky's insight:

Bargains or busts on Amazon Prime Day deals? Research says not so fast consumers.

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Tech Needed To Boost Retail Sales, Salesforce Says | CRM Daily

Tech Needed To Boost Retail Sales, Salesforce Says | CRM Daily | Public Relations & Social Marketing Insight | Scoop.it

This holiday shopping season, customers are increasingly avoiding brick-and-mortar stores in favor of buying online, according to a new report on consumer shopping patterns commissioned by Salesforce titled “2015 Connected Shoppers Report."


In fact, 88 percent of shoppers who avoid going to physical stores during the holiday season do so due to the crowds (82 percent), limited parking (48 percent), convenience of online shopping (48 percent) and a lack of knowledge/service from seasonal employees (24 percent). One of the study's key results is that retailers are failing to leverage technology to create multichannel experiences for shoppers.

The Millennial Divide
“As Black Friday approaches, and with more than $950 billion expected to be spent this holiday season in the United States, new research from Salesforce shows that in order to succeed, retailers need to accelerate digital transformations to provide personalized, 1-to-1 customer journeys for customers,” the company said in a statement....

Jeff Domansky's insight:

Leveraging digital technology is needed by retailers in order to accelerate customer service and compete.

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