Categories
Close
Menu
Menu
Close
Search
Search

Featured Articles

RSS
123

Opinion Articles

News

Price comparison on mobile devices is damaging retail brand loyalty

Mark

Share:

Print

Rate article:

No rating
Rate this article:
No rating

New research from affiliate marketing company Tradedoubler shows that mobile devices are having a negative effect on high-street consumer loyalty.

The study found that 52% of online shoppers have at least one ‘performance marketing’ application on their mobile. 32% of shoppers had a price comparison app, 23% had a coupon or voucher code app, 22% had a loyalty or reward app, 20% had a daily deal or group buying app and 19% had cashback apps.

55% of people who used their smartphones when high-street shopping admitted they’d gone to a different shop after finding a better price via their mobile handset. In addition, 51% actively search for vouchers via their smartphones and 44% regularly use vouchers sent to their handset.

The popularity of performance marketing on mobile devices is echoed by Tradedoubler’s own sales figures, which show the value of purchases on its mobile performance network increasing 187% year-on-year to the first quarter of 2013.

Dan Cohen, Regional Director for Tradedoubler UK, said “Powerful brands are losing dominance on the high street because they’ve placed too much importance on brand loyalty and not enough on the price, value and variety of channels including mobile apps that shoppers now both expect and demand. Bargain hunting has gone mobile and if brands aren’t prepared with relevant and timely campaigns targeting shoppers who have at least one performance marketing app on their smartphone when they are ready to buy, they’re going to lose out.”

Tradedoubler’s research was conducted by Fox Insights who contacted 2,500 consumers who owned a smartphone and shopped online at least once a month.

[Mobile & shopping on demand report]

Comments

Collapse Expand Comments (0)
You don't have permission to post comments.

Recent Podcasts

ExclusivePodcast - 27th May 2009

Iain Graham, James Rosewell and Mark Bridge take a look at mobile news headlines from the last seven days - including new mobile application stores from Sun and Carphone Warehouse, Apple's existing application store and we'll even discuss some news stories not related to application stores at all like GPS, Vodafone's tax challenge and termination rates.

ExclusivePodcast - 20th May 2009

Iain Graham, James Rosewell and Mark Bridge take a look at mobile news headlines from the last seven days - including Vodafone's new "roaming" promotion, Blyk's revised plans and the Carphone Warehouse's commission changes.

ExclusivePodcast - 13th May 2009

The Fonecast takes its weekly look at the latest mobile news headlines, while Chris Caudle from the IMPDA talks about the falling number of UK mobile phone dealers.

ExclusivePodcast - 6th May 2009

This week's edition of The Fonecast includes an interview with Jonathan Viney from mobile web company Wapple. Plus, as usual, the team takes its regular look at industry headlines from the last 7 days.

ExclusivePodcast - 29th April 2009

Iain, Mark and James take their regular look at the week's mobile news headlines. There's also an interview with Dr Mark Smith, founder of ipadio.com - a service that turns a phone call into a live web broadcast.

RSS
First7778798082848586Last

Follow thefonecast.com

Archive Calendar

«May 2026»
MonTueWedThuFriSatSun
27282930123
45678910
11121314151617
18192021222324
25262728293031
1234567

Archive