Study: online retailers get a 'C'

ITworld.com |  Business Add a new comment

A new study released Friday found that while online shopping rated favorably with the majority of holiday shoppers this season, overall satisfaction is down when compared with a similar study last year.

The study, by ForSee Results, questioned 300 online holiday shoppers in the week before Christmas about their shopping experience. The results from those interviews landed online retailers a score of 69 out of 100 -- a "C" -- based on the American Customer Satisfaction Index (ACSI), a measure of consumer satisfaction.

That score is down from last year, when a similar study by the University of Michigan Business School gave online retailers a ACSI rating of 77 out of 100.

However, responses to last year's study by the University of Michigan were collected throughout the fourth quarter of 2001, whereas ForSee questioned its respondents in the week before Christmas, capturing shoppers more focused on the holiday season, according to Larry Freed, CEO of ForSee.

The ACSI was developed by the University of Michigan Business School, the American Society for Quality, and the international consulting firm, CFI Group Inc.

The questionnaire used in the study was delivered in the form of a pop-up, 35 question survey to visitors at a major online shopping exchange, which offers access to a number of different online retailers. Freed would not name the site from which users received the survey.

Among other things, respondents were asked to rate the look and feel of the Web sites they visited, the sites' navigation elements, performance, privacy features, as well as the order process and the retailers' return policies, Freed said.

Each variable was weighted according to how much it affected consumer purchase behavior and loyalty, according to ForSee.

According to ForSee, 59 percent of respondents in the 2002 study reported being "highly satisfied" with their online shopping experience. Seventy one percent reported that they would be "very likely" to shop online for the 2003 holiday season.

However, 10 percent of those surveyed were "extremely disappointed" with their experience, with two thirds of that number unlikely to shop online during the next holiday season.

"The big factor we see is that (online) consumer expectations are continuing to rise. Also, users are becoming more savvy as to what they should expect," Freed said.

Online retailers must improve the ability to browse for and order products online and must also do more to understand what affects their customers' satisfaction, Freed said.

For those companies that succeed in improving customer satisfaction, however, the numbers look good.

Forty nine percent of those surveyed said they were likely to do more than a quarter of their holiday shopping online, Freed said. In addition, more than 60 percent of those surveyed said they would be likely to shop online again within the next two months, with satisfied customers 50 percent more likely to make a purchase within that time period than unsatisfied customers.

    Add a comment

    Post a comment using one of these accounts
    Or join now
    At least 6 characters

    Note: Comment will appear soon after you have activated your account.
    Obscene/spam comments will be removed and accounts suspended.
    The information you submit is subject to our Privacy Policy and Terms of Service.

    ITworld LIVE

    BusinessWhite Papers & Webcasts

    White Paper

    Insiders Can Ruin Your Company. Take Action.

    Did you know that 80 percent of threats to an organization come from the inside? The threat from insiders is often overlooked in organizations worldwide. This white paper from NetIQ, discusses key technology solutions that help to prevent and detect insider threats.

    White Paper

    Ten Steps to an Enterprise Mobility Strategy

    Enterprise employees are more mobile, relishing the ability to work productively anywhere, at any time. They may use any means to get connected, often creating financial and security risks for your company. Discover how to get control of your enterprise mobility strategy and ensure mobile worker productivity with these ten steps.

    White Paper

    What You Need to Know About the Costs of Mobility

    Mobile workers want to get connected anywhere, at any time, often at any cost. Enterprise mobility is often a hidden "black" budget in your company. Ensure that your traveling employees are productive everywhere, even while you control cost and security, through an enterprise mobility strategy.

    White Paper

    The 2011 iPass Mobile Enterprise Report

    This industry survey covers trends, recommendations and a policy guide on managing Enterprise Mobility for IT management and CIOs. Get data on employee device liability, as well as smartphone/tablet penetration, budget control and provisioning. Find out how your organization compares, how to ensure mobile worker productivity, and control costs.

    White Paper

    Smarter Commerce is redefining value chain visibility

    Smarter Commerce is redefining the value chain in the age of the customer. It starts with putting the customer at the center of your operations - which of itself is not a new idea - however, truly operationalizing this strategy is not easy.

    See more White Papers | Webcasts

    Ask a question

    Ask a Question