Mobile Strategies To Win Over Purchasing Preferences Of Women

Mobile Strategies To Win Over Purchasing Preferences Of Women

It’s a fact that women are now responsible for 85 percent of all purchasing decisions in the United States and recent research shows that they overwhelmingly prefer to shop in physical retail stores.

They like to touch and feel the products they’re considering buying and they enjoy the social interactions that come from shopping with friends and family.

What’s new is that they do so with their smartphones in hand while shopping at brick-and-mortar stores.

Their mobile devices have become valuable decision-making tools for what and where to buy. Retailers have a unique opportunity to take advantage of these new habits by first understanding the purchasing preferences of women: the ones who are choosing when and where to open their designer purse strings.

And speaking of mobile advertising, don’t forget online marketing sites. You can visit 40billion.com which is a fastest-growing network of entrepreneurs and crowdfunders. They specialize in promotion of small businesses by broadcasting and promoting to its large network of several million users across the most popular social networking sites for small businesses – including Twitter, LinkedIn, 40Billion, and even Facebook. Innovative services such as, promoted posts, promoted profiles, promoted company listings were created for small entrepreneurs to tap into a growing, active network online without spending thousands on pay-per-click ads or traditional advertising. They also offer crowdfunding promotion and promote crowdfunders and their campaigns/projects.

An independent study of 1,000 women found that 76 percent of them prefer to shop for apparel and clothes in-store, while only 22 percent favor online shopping and less than 2 percent would rather shop on a tablet or smartphone.

But that’s not to say that women aren’t using their smartphones. In fact, according to a recent survey commissioned by Google, over 66 percent of smartphone owners use their phone to help them shop while in a store. Much has been written about showrooming, the practice of using smartphones to search for lower prices and buy online after visiting a brick and mortar store, but women are also using their smartphones to get style advice and feedback, search for product information, and look for special offers and discounts while they shop. Rather than fear this smartphone-enabled behavior, retailers can find ways to use it to their advantage.

How? By implementing mobile strategies and technologies that enhance the in-store shopping experience.

Women shop in stores for a variety of reasons, including the ability to see and touch the product (92 percent), try on clothes for fit (90 percent) and explore and discover new styles (70 percent). It’s a sensory and immersive experience that will never be fully replicated online, and it represents a critical consumer touch point for brands.

Savvy retailers are thinking creatively about ways to encourage engagement with consumers while they shop, and in doing so, indirectly reduce showrooming behaviors. Giving consumers something of value on their smartphones rather than discouraging smartphone use in stores is the best way to engender loyalty, increase purchases and drive repeat visits.

Consumers and retailers alike know that sales and offers stimulate purchases. A study of female shoppers revealed that 31 percent had purchased apparel or shoes more than once from a flash sales site and 33 percent love it when a sales associate reminds them of in-store sales. But what happens when that offer is presented in a much more personalized and relevant way on a mobile device?

The number of women who would be thrilled if they received a personalized offer on their smartphone while shopping in-store jumps to a whopping 58 percent. It’s all about context. The most powerful time and place to deliver offers is when and where consumers are shopping.

Interestingly, although privacy and mobile phone location data are becoming increasing concerns for consumers and legislators, women are so interested in receiving relevant offers while they are out shopping that they are willing to make concessions to get them.

In fact, 47 percent of women would share their location information in return for a $5 store credit. Make that a $25 in-store credit and the percentage of women who would volunteer their location increases to 83 percent.

The good news for retailers is that women WANT to shop in stores. The personal and sensory experience of shopping in stores is so strong that they prefer it much more to shopping from a computer or a mobile device.

Yes, the majority of them use their smartphones while they shop in stores, but this behavior represents an incredible opportunity for retailers. Smartphones and location-based marketing have created an entirely new way to engage with consumers and personalize the in-store shopping experience.

Recommended: How to Brainstorm Breakthrough Ideas for Your Business

About 40Billion.com

40Billion is the social network of entrepreneurs and crowdfunders – a social platform for connecting business owners and promoting the things they create. Use 40Billion to find professional contacts and projects, get affordable business advertising, promote a crowdfunding project or campaign, and show off your creations to the world.

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