Moms and Online Shopping: How to Reach this Lucrative Market
So great is the boom in Internet retailing, that a Forrest Research
survey estimated U.S. online sales would grow from $96 billion in
2003, to more than $200 billion by 2008. Who is out there, doing all
that buying?
A good part of the market is women, particularly young mothers who are part
of the consumer group that cite a preference for Internet shopping to avoid
crowds, get better prices, compare products, and reduce the need to travel
around to find what they want.
In 2003, women in the 18-34 year age bracket made up 15% of Internet users. They
also constituted 24% of the buyers from cosmetic and fragrance sites, 20% of the
customers for wearing apparel, and 22% of the shoppers for jewelry and other
luxury items.
With 50% of online purchases being made by someone from a household where the
chief wage earner is between 25 and 55 years of age, there is growing evidence
that the family unit, particularly where women are responsible for the buying of
goods for personal use and gifts for others, significantly impacts the annual
sales figures for all online retailers.
It also impacts local retail sales, with industry statistics showing that the
research done by potential customers online, results in $1.50 spent locally, for
every $1 spend on Internet shopping.
According to a recent survey conducted by Marketing Sherpa, one of the best ways
to tap into the lucrative mom’s market is through solid information. If you’re
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