SHOP.COM Wraps Up 2006 with Record Revenue and Traffic.MONTEREY, Calif. -- SHOP.COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. , the ecommerce multi-merchant marketplace with OneCart[TM] convenience, today announced it achieved 100 percent growth in revenue year over year. The company also achieved a record traffic level of 7.75 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. in December 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. Nielsen//NetRatings, a global leader in Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the media and market research. For the year ending December 31, 2006, SHOP.COM grew its user sessions A count of how many times all users access a Web site regardless whether the same person came back several times during the measurement period. If a user leaves and returns within a short time, some systems count those sessions as one. Contrast with unique visitors. See also user session. by 53 percent. The company also increased its returning visitor rate by 68 percent year over year and its repeat buyer rate by 23 percent. The average order value grew by 8 percent during the same period. In addition, SHOP.COM added 4 million products to its marketplace during 2006 bringing the total number of products available for comparison and purchase to close to 10 million. "We appreciate all our customers who bought their gifts during the holiday season as well as those who shopped with us again and again throughout the year," said Ken Goldstein, SHOP.COM's 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. . "The customer experience has always been our priority. And last year was no exception. In addition to increasing our product offerings by close to 70 percent, we kept our site up at effectively 100 percent uptime from Thanksgiving Thanksgiving annual U.S. holiday celebrating harvest and yearly blessings; originated with Pilgrims (1621). [Am. Culture: EB, IX: 922] See : America Thanksgiving national holiday with luxurious dinner as chief ritual. [Am. Pop. through Christmas Day. This accomplishment speaks to the strength of our technology, our team here and our merchant partners." About SHOP.COM(TM) SHOP.COM is the destination online marketplace designed to help consumers more conveniently and efficiently shop on the web. SHOP.COM organizes millions of products from more than a thousand merchants in a single location, allowing consumers to shop across them all - start to finish - with OneCart[TM] and one personal password-protected account. OneCart [TM] is SHOP.COM's unique, proprietary patent-pending solution that fully integrates data feeds from all SHOP.COM merchant partners to allow a single check-out experience. SHOP.COM is a privately-held company headquartered in Monterey, Calif. For more information, visit the company's website at www.SHOP.COM. The information provided is based on unaudited results of SHOP.COM and may contain information from outside sources that cannot be confirmed by SHOP.COM. Possible inaccuracies or omissions may result from events occurring outside the relevant dates. |
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