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Index shows major growth in online shopping
[December 10th 2001]
Jupiter Media Metrix has released the second installment of its weekly Holiday 2001 E-Commerce Series, revealing the most comprehensive online retail results for the week ending Dec. 2, 2001. The Jupiter Media Metrix Online Shopping Index, which aggregates Web visitors from both home and work to nearly 500 shopping sites and 19 subcategories, increased 45 percent versus the same week last year, climbing from 35.6 million to 51.7 million unique visitors. Moreover, the index was up 3 percent versus the previous week, when it had 50.2 million visitors.
"After last week's strong kick-off to the online holiday shopping season, many were wondering what week two would bring," said Charles Buchwalter, vice president, media research, Jupiter Media Metrix. "This week's increase indicates that the momentum hasn't let up. Online retailing continues to hold the interest of holiday shoppers."
"Retailers' early-purchase incentives, such as free delivery for early orders, have contributed to a solid start to the holiday shopping season," said Ken Cassar, senior Jupiter Research analyst. "Next week will be critical for both consumers and retailers as we approach the deadline for Christmas orders with standard shipping rates."
Jupiter Media Metrix 2001 Holiday E-Commerce Series Highlights:
- Shopping Bots -- With more people looking for online deals this holiday
season, shopping bots were visited by 1.5 million average daily
visitors the week ending Dec. 2, up 19 percent versus the previous
week. Top bots according to average daily visitors include:
Bizrate.com with 716,000, up 19 percent versus the prior week;
Dealtime.com with 430,000, up 29 percent; and Mysimon.com with 217,000,
up 17 percent.
- Where Males and Females Shop -- Males are more likely to visit computer
and electronic retailers. Males composed 83 percent, 71 percent, 66
percent and 64 percent, respectively, of TigerDirect.com, Dell.com,
HP.com and Compusa.com for the week ending Dec. 2. Conversely, women
skew toward apparel sites. Women composed 70 percent, 70 percent and
69 percent, respectively, of Oldnavy.com, Spiegel.com and Jcpenny.com.
- Apparel Sites Attract the Affluent -- Among the 75 most highly
trafficked shopping sites, Gap.com, with 36 percent, has the highest
percentage of visitors with household incomes over $100,000. Other
leading apparel sites also are popular among this income break: 33
percent of visitors to LLBean.com, 29 percent of visitors to
EddieBauer.com and 24 percent of visitors to LandsEnd.com have
household incomes greater than $100,000.
- Top Gaining Sites -- The top three sites in week two of the Online
Shopping Index, ranked according to their percent gain in average daily
visitors versus the prior week, include: Symantec.com, which increased
294 percent to 343,000; Netflix.com, which increased 130 percent to
352,000 and Bmgmusicservice.com, which increased 100 percent to
635,000. The top sites according to their increase in total average
daily visitors versus the previous week are: Ebay.com, which grew by
740,000 to 4.7 million; Amazon.com, which grew 604,000 to 2.9 million;
and Bmgmusicservice.com, which grew by 318,000 to 635,000.
- Notable Category Gainers -- Shopping categories with notable percent
gains in traffic versus the previous week include: movies, which
increased 41 percent to 1.4 million average daily unique visitors;
music, which increased 40 percent to 2.3 million average daily unique
visitors; and apparel sites, which increased 30 percent to 1.6 million
average daily unique visitors. Increased traffic to the movie category
was driven largely by Netflix.com and Columbia House Sites, which
increased 130 percent to 352,000 average daily visitors and 47 percent
to 740,000 average daily visitors, respectively. The music category
was driven largely by Bmgmusicservice.com, which climbed 100 percent to
635,000 average daily visitors. The apparel category was driven
primarily by gains in average daily visitors at mass-market retailers:
Gap.com, which increased 74 percent to 148,000; Landsend.com, which
increased 66 percent to 139,000; and Oldnavy.com, which increased 25
percent to 156,000.
Jupiter Outlook on the 2001 Holiday Season
Jupiter analysts predict that 2001 holiday online retail and travel sales will reach approximately $11.9 billion -- an 11 percent increase over last year's $10.8 billion. Although growth this season will be slower than last, Jupiter analysts expect to see more people shopping online and consumers allocating a greater percentage of their holiday budget to online shopping.
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