BizRate.com Survey Predicts Online Father's Day Sales Will Quadruple This Year; Father's Day Shoppers Can Take Advantage of Special Offers From 100 Plus E-stores At BizRate.com.Business Editors LOS ANGELES--(BUSINESS WIRE)--June 12, 2000 Online retailers' cash registers will be ringing this Father's Day, with sales forecasted Sales forecast A key input to a firm's financial planning process. External sales forecasts are based on historical experience, statistical analysis, and consideration of various macroeconomic factors. to reach nearly $137 million -- more than four times the sales for Father's Day 1999 -- 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. a survey of online buyers conducted in May by BizRate.com (www.bizrate.com), the Web's leading shopping marketplace. The number of online orders is also projected to climb to 1.2 million this year, a nearly 200% increase from 432,000 last year. Anticipating this strong demand, BizRate.com is featuring selected special offers -- including free shipping and handling, rebates and discounts -- at more than 100 e-stores, across 15 shopping categories. "E-commerce continues to show more promise with each successive gift-giving occasion," said Chuck Davis  This article or section contains information about one or more candidates in an upcoming or ongoing election.Content may change as the election approaches. Charles E. , BizRate.com's president and chief executive officer. "With BizRate.com linking more than 4 million consumers a month to more than 1,000 sellers, we expect our marketplace to be the 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 shoppers who want to find the best stores and deals on the Web this Father's Day." As a result of survey respondents In the context of marketing research, a representative sample drawn from a larger population of people from whom information is collected and used to develop or confirm marketing strategy. citing books (22%) as their most likely purchase, followed by entertainment items such as music, videos and event tickets (19%), BizRate.com is listing special offers, of up to 10% off, at selected stores within BizRate.com's entertainment category. Other key survey findings include: -- Online buyers plan on spending $80 on average, comparable to Mother's Day spending last month. -- Men plan to spend more, on average, ($90) than women ($68). -- Almost 90% of those who purchased Father's Day gifts online last year plan to do so again this summer. -- Women (17%) are more likely than men (9%) to purchase clothes online for Father's Day gifts, so Dad can still expect to unwrap a necktie or two. -- While 46 percent of online gifts will be purchased for Dad, husbands (30%) and fathers-in-law (13%) will also be showered with gifts on Father's Day. Although every father is a superstar this Father's Day, BizRate.com asked online buyers whom they viewed as the best representative of the "Father of the New Millennium." Forty percent voted for their own father as the ideal dad for the new millennium. Other favorites included Bill Cosby William Henry "Bill" Cosby, Jr., Ed.D. (born July 12 1937) is an American actor, comedian, television producer, and activist. A veteran stand-up performer, he got his start at various clubs, then landed a vanguard role in the 1960s action show I Spy. and Homer Simpson. About BizRate.com Founded in 1996, BizRate.com (http://www.bizrate.com) is an open and comprehensive marketplace, governed by customer ratings, leading millions of online buyers to thousands of online merchants each month. As a trusted market-maker, BizRate.com combines valuable customer-generated information with a powerful set of shopping tools to help online shoppers confidently and easily decide where to buy online. BizRate.com's proprietary customer ratings form the backbone of the marketplace and are derived from its position as the only company trusted by more than 4,600 online stores to collect direct customer feedback and transactional information at the point of every purchase. These ratings, widely recognized as the standard for customer satisfaction on The Web, are the only statistically rigorous way of differentiating retailers on "quality of service" metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM. , allowing consumers to take the focus away from pure price comparisons. BizRate.com's ratings are also available on Consumers Reports Online and Consumer Reports magazine, as well as Microsoft Network See MSN. Microsoft Network - The Microsoft Network , Alta Vista See AltaVista. (World-Wide Web) Alta Vista - A World-Wide Web site provided by Digital which features a very fast Web and Usenet search engine. As of April 1996 its word index is 33GB in size. , Go Network, Go2Net, Snap, Citibank, iChoose, Brodia, and CNET (body) CNET - Centre national d'Etudes des Telecommunications. The French national telecommunications research centre at Lannion. . |
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