Online non-travel spending in 2005 totaled $82.3 billion, representing a 24 percent increase from the $66.5 billion posted in 2004, according to comScore Networksโโ2005 Year End Online Spending Summary.โ Following are the percentage sales growths of some of the fastest growing online product categories from 2004 to 2005, according to the report: ยฅ Apparel and accessories sales grew 36 percent. ยฅ Computer software, excluding PC games, grew 36 percent. ยฅ Home and garden products grew 32 percent. ยฅ Toys and hobbies grew 32 percent. ยฅ Jewelry and watches grew 27 percent. ยฅ Furniture grew 24 percent. ยฅ Flowers, greetings and gifts grew 23 percent.
E-Commerce
While fighting to get noticed on the Web is at least a full-time pursuit, there are a number of Web site promotion tools available thatโll give your company a tremendous edge in that battle -- and greatly automate the process. Following is a sampling of the latest advances in key Web site promotion strategies, and the tools thatโll help get you there. ยฅ Leverage search engine submission software. Getting your company to a top position on search engines like Google and Yahoo can translate into substantially greater revenues, and search engine positioning software is one of the tools that can help. These tools automatically
Holiday retail and online sales rose 8.7 percent from 2004, according to SpendingPulse, a division of MasterCard International. And research firm comScore Networks reported that non-travel-related online sales totaled $17.5 billion between Nov. 1 and Dec. 21, making for a 24 percent increase over the corresponding period in 2004. Following are product categories and their percentage sales gains and losses from 2004, according to SpendingPulse: ยฅ home furnishings, up 15 percent; ยฅ consumer electronics, up 11 percent; ยฅ sporting goods, books, music and videos, up 6.4 percent; ยฅ apparel, up 5.8 percent; and ยฅ jewelry, down 4.6 percent.
Youโre flipping through a 500-page catalog for a major player in the janitorial and sanitation (jan/san) supplies market sector when you happen upon a section displaying waste containers. The catalog carries a host of well-known brands โ including wastebaskets, can liners and other products made by United Receptacle. What you may not realize is that the other companyโs catalog that youโre viewing actually features page layouts, photos and graphic designs produced not by that catalog, but by manufacturer and distributor United Receptacle. In addition to producing its own catalog each year to showcase its full product line, United Receptacle also helps many of
About a third of online consumers said rising energy costs will change the way they shop for Q4 holidays, according to a new study from The Conference Board, a research and business membership organization, and TNS, a custom research firm. Of that 35 percent reporting a change in shopping habits: * 53 percent of modest earners (annual incomes of less than $35,000) and 60 percent of affluent earners (with incomes of $70,000 or more) say they will shop less in brick-and-mortar stores and more online to help defray rising energy costs on their budgets. * 47 percent of those ramping up their online buying
From this article, youโll learn how to determine the efficiency of your online advertising efforts and how to calculate the maximum cost per click for those campaigns. The basic economics of online marketing are simple: Determine the advertising efficiency needed to make your profitability goals, then buy all the inventory you can get your hands on. But how do you determine the advertising efficiency needed to achieve your profitability goals? This article offers some practical formulas and advice. Defining Online Advertising Efficiency Ad efficiency comes down to a cost vs. benefit ratio: โWhat did I spend on advertising?โ vs. โWhat did I get in
The ongoing threats of spam, identity theft and data security breaches hang heavily in the air at the close of 2005. Headlines detailing these dangers have made sure your customers are more aware than ever of the perils of buying online. In fact, 48 percent of Americans avoid making purchases on the Internet because theyโre afraid their financial information may be stolen, according to a survey conducted earlier this year by the Cyber Security Industry Alliance. So whatโs a responsible online merchant to do? Following are tips to not only ensure your Web site adequately handles customersโ data, but also make it undeniably
As a cataloger, youโre used to fielding customersโ questions when they call your contact center, but how do you address the growing number of customers who make their purchases online? Bryan and Jeffrey Eisenberg, authors of โCall to Action: Secret Formulas to Improve Online Resultsโ (Wizard Academy Press, 2005. $25.95), say there are four basic rules to follow in providing great online customer service. 1. Provide simple Web site navigation that makes it easy for online visitors to find what theyโre looking for quickly, write the Eisenbergs. Examples include a search box on every page, and links to related products on individual product pages. 2. Your
Big changes are afoot online. Itโs still early, but I see two trends that will impact online marketing: 1) the sharing of content and 2) the sharing of applications. These two trends havenโt fully arrived, and so they donโt have well-established names yet. But their early glimmers are visible today in the growth of really simple syndication (RSS) and the growing popularity of Web service application programming interfaces (APIs). These trends โ letโs call them โopen contentโ and โopen appsโ โ are coming fast. During the next few years theyโll revolutionize the Web, and in doing so, revolutionize online marketing. This article
โData, data everywhereโ could be the cry of the merchant who selects a Web Analytics solution without understanding the commitment it requires from technical, marketing, merchandising and other staff. The same lament might come from selecting a solution thatโs not optimized for e-commerce or for a userโs special needs related to Web site optimization. In the long run, itโs better to have realistic expectations of what you want to use a Web Analytics solution for. Like many companies, Gardenerโs Supply tried several Web Analytics solutions before settling on its current application: Omniture. But the merchantโs experience taught it to be realistic about how