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Automotive Study Suggests Online Auto Information Fastest Growing Source Among Car Buyers; Moms Most Likely Group to Utilize Web
| Source: Experian Research Services
NEW YORK, NY--(Marketwire - January 22, 2008) - A four year trend among automotive buyers
suggests that the Web is the fastest growing source of vehicle information
prior to buying a vehicle, according to Experian Research Services.
Download a free automotive map from Experian Research Services, charting
the DMAs of moms using the Internet: http://www.smrb.com/?c=AutoXpert
This growth is contrary to other resources like word-of-mouth, television
and automotive magazines, which have remained stagnant over the last four
years. Additionally, among consumers with the highest intent to purchase a
vehicle in the next two years, moms were most likely to rely on the
Internet as part of their decision to purchase or lease.
The study is part of Simmons surveys conducted across the nation which
measure car buying activity among consumers.
Chris Wilson, president of Experian Research Services, explained that this
information illustrates how imperative it is to understand online consumer
activities and behaviors within the automotive sector. "If your audience
is changing media sources and buying behaviors, you need to change your
tactics to complement theirs."
According to Mario Murgado, president and CEO of Miami Automotive Retail,
Experian automotive data has been a great reference. "It condenses a vast
amount of information into orderly reports that are easy to manipulate, use
and share," said Murgado.
Watch Ellen Romer, senior vice president of Experian Research Services,
explain how media companies, advertisers and automotive dealers can reach
and target auto buyers via AutoXpert:
http://www.youtube.com/watch?v=q9luBYcJ6Ys
AutoXpert is an application that provides insights into automotive buying
behaviors and media usage. It geographically maps out automotive dealers'
trade areas to help identify prospects and pinpoints which media channels
are best to reach those consumers, enabling advertising agencies, media
companies and dealerships to analyze automotive consumer data.
Experian Research Services (ERS) is ranked one of the fastest growing
market research companies by Jack Honomichl, the leading market research
authority. ERS, a part of Experian, is comprised of Simmons, a full
service, consumer research organization that has been The Voice of the
American Consumer for more than 50 years, and Vente, a real-time online
quality lead generation service. For more information, visit www.smrb.com.