Hmm... smells like BS to me. And the link links to nothing other than a page that says - literally - nothing but the exact same thing. When you click on the "learn more" link it takes you to an unrelated page on NFC. Huh?
Consider what it means if 97% of all purchasing decisions begin on the internet...
- The vast majority of all purchases are REPEAT purchases. My wife's decision to buy Tide last week was made about 15 years before there was an internet.
- Have you ever thought "gee, I'm hungry" and pulled into a drive-through? Did you google "Big Mac" first?
- Ever gone to a grocery store and bought anything without research it on the internet first?
- Did you you "begin" your purchasing decisions for 97% of this year's christmas presents on line?
- When does a purchase decision "begin" anyway? If I think "I'm going to buy Julie some LL Bean boots for her birthday" while I'm driving home, doesn't tht decision "begin" in the car?
- Ever buy gas for your car? Did you you search for a business blogger with rich content first?
- I see lots of people in shopping malls, making lots of impulse buys?
- Ever wonder if TV, radio, print, newspaper, or out of home ads begin someone's "buying decision"? They do.
But your sourceless statistic suggests that only 3% of purchase decisions "begin" someplace other than the internet. I guess if I knew what it meant for a "purchase decision to begin" I would say that it sounds ridiculous.
What I'm really excited about is the Internet. I don't think anyone is cashing in on this phenomenon.
Did you just come from a "Tony Robbins" seminar on how to make money selling things on the internet? Seriously. Because you sound a bit like it.
The internet is not a "phenomenon" (noun: "a fact or situation that is observed to exist or happen, esp. one whose cause or explanation is in question.") The arora borealis is a phenomenon. One Direction is a phenomenon. The internet is a communication medium. It is ubiquitous. Yes, it's a powerful medium if used correctly. There are many specific areas that can be leveraged further. But I gotta tell ya... at this point in time saying "What I'm really excited about is the internet" sounds a bit like saying "I'm really excited about the whole world!"
Your whole spiel reminds me of an IBM commercial I saw circa 1994 where two partners are in a room and one is obviously reading a newspaper. He pauses from what he is reading, puts the paper down and says to his partner...
Partner 1: "We really need to get our business on the internet."
Partner 2: "Why is that?"
Partner 1: [PAUSES, PICKS PAPER UP, SCANS ARTICLE]
Partner 1: "I don't know... it doesn't say."
That was 20 years ago.
We haven't brought up Unique Selling Position (USP). In order to be successful at marketing and business every LDS needs to have a USP. That is, what is it that your business does better, faster, different than anyone else???
Julie, for someone who took me to task early in this thread for suggesting you look at a seminal Ted Levitt article, I'm a bit surprised to see you bang the "USP" drum. That concept is from the 1940s. Interestingly, the idea of a "USP" has essentially become considered incomplete... since about the mid 1960's. (Sure, it gets rehashed on the internet all day long.) It is the old-school "sales model" approach of hitting your audience over the head with a key feature or features. The "better, faster, different" you cite. It is but a small part of a brand or company's overall positioning and messaging. (As described by Levitt in the 60s.) It is entirely feature based... and therefore entirely not sustainable, because any brand can be out-featured. Further, you cite "cheapest price shouldnt be your USP" but I'm not sure why you would say that. That is certainly a unique selling proposition, no? WalMart has amassed a $250billion dollar market cap based on their "every day low prices" USP.
All that said... you tell us "In order to be succesfull at marketing" everyone needs a USP. Why is that? What does one do with a USP? You say that Frank has one... what is his USP? It certainly can't be "The Spree is not an Aggressor boat" as you seem to suggest. What is it that Frank does better faster, different than an Aggressor boat?