Every time a shopper chooses to buy a product, he or she makes a choice among countless retailers. Why do consumers choose one retailer over the others?

That is the billion-dollar question for retailers, often solidifying the difference between the Fortune 500 list and bankruptcy.

Bizrate Insights, a division of retail marketing solutions firm Connexity, recently conducted a survey of more than 13,000 shoppers to try to get some answers about why they choose the retailers then choose. Here’s a look at what they found.

Service Versus Price

When Bizrate asked shoppers about the primary reason they decided to buy from certain retailers, about 40 percent of Gen X and Gen Y respondents chose price as their top motivation, more than both Boomers (35 percent) and seniors (31 percent).

However, 16 percent of Boomers and seniors indicated that service (“they have treated me well in the past”) was the most important factor, more than both Gen X (12 percent) and Gen Y (9 percent).

Observations

Clearly, older shoppers value…

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