Insight Flash: CE data explores whether brand equity is really driving performance of Overstock.com‘s transition to a relaunched Bed Bath & Beyond website.
Overstock.com has retired its own website and relaunched a Bed Bath & Beyond-branded site in its place. Although the home furnishings site has seen instant popularity, it’s also been fueled by a huge marketing push from Overstock. Will the success continue once the hype dies down?
Only 22% of shoppers on the relaunched site were former Bed Bath customers, implying that the brand equity may not be carrying as much weight as general marketing noise. Additionally, the furniture-heavy assortment is so dramatically different that it might not hold the same attraction for former Bed Bath loyalists – the average ticket is almost 2.5x what it was on the old site.
Overstock.com and Bed Bath & Beyond Online Home Furnishings Spend
BedBathandBeyond.com Average Ticket Growth
Keep tracking CE data to stay on top of site performance once the newness fades, with our unique ability to include only online Bed Bath & Beyond sales in OSTK Total Company numbers.