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Share Name | Share Symbol | Market | Type |
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Iperceptions Inc. | TSXV:IPE | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
Overall website satisfaction, as measured by the iPerceptions Satisfaction Index (iPSI), dropped to 71 out of 100 in Q1 2011, from 74 out of 100 in Q1 2010. However, U.S. retail e-commerce sales estimates showed that online retail spending reached $38 billion for Q1 2011, up 12% versus one year ago, according to comScore. This discrepancy indicates that website visitor expectations are on the rise.
Moreover, task completion fell to 71% in Q1 2011, from 76% during the same time period in 2010. Among visitors who came to the site specifically to make a purchase, task completion dropped to 56%, from 61%. For a company that does $10 million in annual online sales, a 5% drop in task completion amounts to a loss of $500,000.
"Expectations among online retail shoppers are rising quickly and retail websites are struggling to keep up," said Claude Guay, president and CEO of iPerceptions. "As visitors become more familiar with retail websites, they become more discriminating in terms of accurate search results, clear pricing and adequate product information."
Other important findings from the report include:
The report analyzed real-time feedback from more than 230,000 people visiting nearly 300 retail and e-commerce sites to identify the most important issues and trends facing this unique industry.
Data contained in this report represents aggregated information obtained from iPerceptions' enterprise solution webValidator™ and free 4Q surveys deployed on the websites of many leading brands. The full report can be found on the iPerceptions website at http://www.iperceptions.com/resource-center/.
About iPerceptions iPerceptions is a leading web-focused Voice of Customer analytics provider. Its webValidator Continuous Listening solution, 4Q Suite solution, Web Analytics Solution Profiler (WASP) and proprietary iPerceptions Satisfaction Index (iPSI) turn millions of data points into easy-to-understand strategic and tactical decision support for website marketers. iPerceptions' clients include such well-known brands as Dell, InterContinental Hotels, General Motors, Canadian Tire, Hyundai, LG Electronics, Choice Hotels International, BMW and Monster Worldwide. For more information, please visit http://www.iperceptions.com.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.
All trademarks and registered trademarks in this document are the properties of their respective owners.
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