Ralph Lauren is top dog in the US when it comes to luxury brand website visits, according to the latest study from digital-marketing company PMX Agency and data-analytics firm Hitwise.
The pair measured website visits in the year to June, and Ralph Lauren overtook last year’s winner Michael Kors. Ralph Lauren had a 19.2% share (that’s nearly one in five visits) compared to 18.5% for Kors. The figures were arrived at by measuring website visits, social media interactions and brand searches.
With Coach in third place (12%), Louis Vuitton next (9.5%) and Gucci fifth (5.3%), it clearly doesn’t leave a lot of room for the other 75 brands the companies tracked. In fact they said that the top 10 brands accounted for almost 80% of the website visit share. The remaining top 10 brand include Chanel, Burberry, Hermès, Christian Louboutin and Versace, and as the number 10 spot only gives the Italian giant a 1.7% share it’s obvious that everyone else is trailing the big players at the top of the list by a huge margin.
Online interactions are largely driven by women of all ages, but among men, it’s the 34-to-44 age group that engages with these brands the most.
Interestingly, even though luxury is seen as more of a physical store or at least a large screen experience, global luxury brands got more than half (52% actually) of their US web traffic from smartphones or tablets. Perhaps that’s part of the trend that sees social media driving 6.3% of the website traffic. While that’s still a surprisingly low number, luxury brand social media followers have risen 40% year-on-year and we’re likely to see more explosive growth over the next few years.
Consumers visited websites 185.2m times over the study period, which meant 11.2% fewer visits than a year earlier. That’s odd given how much luxury brand have upped their game when it comes to offering richer online experiences and better e-commerce features for those who want to buy online rather than tripping off to a destination city’s flagship store.
Of course, the fall also comes at a tough time for the luxury sector with global economic woes and currency exchange issues denting sales of luxury goods worldwide.
“The drop in online visits can be attributed, in part, to external factors like fluctuating exchange rates, uncertain economic outlooks across the globe and reduced travel due not only to financial concerns but also terrorism,” said Glenn Lalich, VP of research at PMX Agency.
“Also notable is that more luxury interactions may be occurring solely with social platforms on social applications – predominantly mobile – and not always reaching the traditional luxury brand website,” he added.
This post first appeared on Trendwalk.net, a style-meets-business blog by journalist, trends specialist and business analyst, Sandra Halliday.