BizRate.com Becomes a Top U.S. Traffic Gainer; BizRate's March Vs. February 2002 Unique Visitor Growth Is Up By 36.4%.Business Editors & High-Tech Writers LOS LOS Length of stay, see there ANGELES--(BUSINESS WIRE)--April 18, 2002 BizRate.com, a leading comparison shopping site and e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. research firm, has become a top gainer in traffic growth for March 2002, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Jupiter Media Metrix's most recent rankings. BizRate's traffic grew 36.4% from February to March of this year to 7,263 million unique visitors A count of how many different people access a Web site. For example, if a user leaves and comes back to the site five times during the measurement period, that person is counted as one unique visitor, but would count as five "user sessions. , making BizRate.com the sixth top gaining property by unique visitor growth in the U.S. "Online retailing experienced a boom in the first quarter of this year with sales up by 41% year over year. As we are a starting point Noun 1. starting point - earliest limiting point terminus a quo commencement, get-go, offset, outset, showtime, starting time, beginning, start, kickoff, first - the time at which something is supposed to begin; "they got an early start"; "she knew from the for online shopping, the industry's growth has a positive spin-off The situation that arises when a parent corporation organizes a subsidiary corporation, to which it transfers a portion of its assets in exchange for all of the subsidiary's capital stock, which is subsequently transferred to the parent corporation's shareholders. effect on comparison shopping sites like BizRate.com, which grew almost that much in one month. More than a third of online shoppers say they visit a comparison shopping site most of the time they shop online," said Chuck Davis Content may change as the election approaches. Charles E. , President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of BizRate.com. Davis also attributed BizRate.com's traffic growth to the power of information online and the consumer's desire to research pricing and products online. "Comparison shopping becomes addictive ad·dic·tive adj. 1. Causing or tending to cause addiction. 2. Characterized by or susceptible to addiction. addictive ( for shoppers," he continued. "Shoppers like price shopping and once they see the power of pricing information available online, they return to buy more online knowing they can always get a great deal from a great merchant." BizRate.com does the work and research for the consumer by scanning more than 4 million products and 2,000 merchants in seconds, and provides the shopper with the best price options in the context of the best quality merchants. BizRate.com features over 250 daily deals from across the Web, like free shipping. "It would take days and weeks for the consumer to do this depth of research on their own -- even online," concluded Davis. According to the Winterberry winterberry, name for two species of shrubs or small trees of the genus Ilex of the family Aquifoliaceae (holly family), native to the eastern half of North America. Both are deciduous but have winter-persistent bright red or yellow berries. Group, by 2005, B2C e-commerce B2C e-commerce The conducting of commerce by companies, government agencies, and institutions with consumers over the Internet. Amazon.com is typical of a company engaged in B2C e-commerce. sales are forecasted to reach $278 billion, and comparison shopping engines are expected to influence $25 billion of that projection.
Top 10 Gaining Properties By % Growth In Unique Visitors,
February 2002 - March 2002 At Home/Work Combined in the U.S.
---------------------------- --------------- ---------------- --------
Property Feb 2002 Mar 2002 % Growth
Unique Visitors Unique Visitors
(000) (000)
---------------------------- --------------- ---------------- --------
EONLINE.COM 4,737 7,722 63.0%
---------------------------- --------------- ---------------- --------
Sportsline.com Sites 5,090 7,812 53.5%
---------------------------- --------------- ---------------- --------
Trip Network Inc. 5,727 8,523 48.8%
---------------------------- --------------- ---------------- --------
Vivendi-Universal Sites 14,819 20,766 40.1%
---------------------------- --------------- ---------------- --------
APPLE.COM 4,732 6,575 38.9%
---------------------------- --------------- ---------------- --------
BIZRATE.COM 5,325 7,263 36.4%
---------------------------- --------------- ---------------- --------
SBC Communications 10,874 14,633 34.5%
---------------------------- --------------- ---------------- --------
MyFamily Network 5,880 7,857 33.6%
---------------------------- --------------- ---------------- --------
Travelocity 8,873 11,686 31.7%
---------------------------- --------------- ---------------- --------
WeatherChannel, The 11,635 15,321 31.7%
---------------------------- --------------- ---------------- --------
(Source: Jupiter Media Metrix)
Incidence of Online Shoppers Using A Comparison Shopping Site
Every time they shop online 8%
Most of the time they shop online 34%
Some of the time they shop online 43%
Never 15%
(Source: BizRate.com Research, Sample: 3,254 Online Shoppers)
BizRate.com Survey Methodology: BizRate.com monitors online sales and orders daily through point-of-sale and fulfillment ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. surveys completed by actual online shoppers of more than 2,000 leading e-tailers: Online sales are calculated from domestic, online retail sales of new products and exclude travel. About BizRate.com Founded in 1996 and based in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , BizRate.com (www.bizrate.com) is a leading comparison shopping site and ecommerce research company on the Web. Connecting millions of buyers to thousands of sellers in a single, organized location, the site provides the best efficiencies for both buyers and sellers. Recently voted one of the "Top 100 Web Site's for 2001" by PC Magazine, BizRate.com's marketplace offers shoppers access to a powerful product search engine, exclusive deals, "hot" product listings and gift guides to empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems consumers to "shop smartly" across 20 popular store categories and more than 2,000merchants. Through BizRate.com's unbiased consumer rating system, compiled exclusively from point-of-sale and fulfillment surveys of participating merchants, shoppers can compare merchants across 10 service dimensions. BizRate.com ratings appear on Consumer Reports Online and in Consumer Reports magazine. |
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