Bad news for online catalog advocates: Australia prefers print
It seems that online catalogs have a long way to go when it comes to engaging customers, as only 11% of Australians currently read catalogs online.
According to research conducted by the Australian Catalog Association (ACA) in the lead up to Christmas 2012, more than 70% of Australians over the age of 14 prefer to read printed catalogs than online versions.
Australians over the age of 50 are the biggest readers of paper catalogs at 75%, with only 8% of this age group accessing the online versions.
While the above result is somewhat expected, what is surprising is that 66% of 24 to 35 year olds also seem to prefer the printed medium, with only 15% indicating they view catalogs online.
Executive director of the ACA, Kellie Northwood, says the results might surprise some people who believe that Gen-Y has turned away from the print medium in favor of all things digital.
There are great assumptions that the younger generations are more likely to purchase from digital marketing campaigns or online catalogs, however, all the global research conducted doesn’t support this.
People retain messaging and engage more intimately with paper based communications – catalogs are no different.
Unfortunately, as part of the print industry, catalogs are perceived to have a negative environmental impact in comparison to their digital and online counterparts.
Print vs online
Despite the availability of online catalogs, paper versions are significantly out performing. But why?
Northwood believes it is because catalogs are an indispensable part of the marketing mix, complementing digital offerings and encouraging shoppers to visit stores and go online to purchase products.
Retailers already know the value of catalogs and are now expanding to multichannel communication plans, leveraging from the strengths of catalogs and marrying with digital communication options.
Letterbox drops supported by text messages, email campaigns, QR coding and more are delivering the highest return on investment for retailers.
This idea is backed by Shawn Brown, vice president of creative services at US-based SBC Advertising, who puts the growing popularity of print catalogs down to the way they fit into our daily lives.
It’s easier for people to ignore web advertising because we’ve trained ourselves to focus on the middle of the screen.
But when you get a catalog in the mail, typically you at least look at the cover.
Getting back to the roots
Australian retailers spend around $1.5billion per year on producing catalogs, which represents about 60% of their advertising spend, according to the ACA.
American retailers have similarly been focusing on catalogs, noting the importance of printed media in encouraging sales for their business.
In fact, US-based fashion retailer Express actually revamped its catalog last year, with senior vice president of marketing Jim Wight pointing out that it is a key marketing method for luring consumers.
We see a strong future for the catalog, with this being one of many ways that we communicate with our customer.
Brown agrees with this, seeing catalogs staying relevant for a long while yet.
I kind of laugh when I hear people say print is going to be dead in a couple of years. It’s not, not in my lifetime.
However, it’s widely established that the best approach for marketers is not either/or, but carefully planned multichannel activity, where online and offline work together.
this article was re-blogged from econsultancy