The apparel and accessories category is one of the fastest-growing segments in the retail ecommerce industry.eMarketer estimates online category sales will grow 20% in 2012,
outpacing the 15.4% growth rate for retail ecommerce in general, with
total online apparel and accessories sales reaching $41 billion.
In this growing retail category, video has emerged as a promising
platform for apparel marketers looking to build online shopper
confidence. Online video adds an element of“touch and feel,” helping
mitigate shoppers’ fears that once their purchase is delivered, it may
not be what they had in mind.
March 2012 data (not apparel-specific) from retail consultancy the e-tailing group and online video technology company Invodo
found that more than half of internet users surveyed believed that
online product videos helped increase confidence in their purchase.
Product page and website video content is just one form of video
marketing today’s apparel retailers are implementing. Other forms
include content marketing and more branding-focused initiatives (like TV
commercials, only optimized for the web). User-generated apparel videos
are also gaining traction, and may even be promising research tools for
apparel shoppers. The e-tailing group and Invodo study looked at
product videos—rather than editorial-driven, content-marketing videos—as
well as user-generated videos, which happen to be the type of video
most consumed by online apparel shoppers.
According to a May 2012 Google and Compete
apparel study, shoppers turned to consumer-generated video content even
more than marketer-produced video. The study indicated that 36% of US
online shoppers watched a “customer testimonial/review” video while
shopping for apparel within the last six months. In addition, 29% of US
online shoppers watched email marketing video content, and 26% watched
consumer-generated (non-testimonial) videos.
For retailers, the real question is whether a consumer actually
follows through after watching a video and makes a purchase. According
to the Google and Compete survey, online shoppers who used video during
the research/shopping process were more likely to spend more and buy
more items than those who didn’t. The study showed that 25% of online
apparel shoppers who used video for research purchased apparel more than
six times in the six months prior to polling, compared to only 16% of
other online apparel shoppers. Moreover, the survey found that 28% of
video researchers spent more than $500 on apparel in the previous six
months, compared to a slight 2% of shoppers who did not watch video.
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