Nielsen Releases Online Retail
Survey
By MYLENE MANGALINDAN
Staff Reporter of THE WALL STREET JOURNAL
April 7, 2005
Catalog, television and Internet-only retailers see more
shoppers turn into buyers on their Web sites than the Internet
stores of retailers whose primary source of revenue is a
physical store, according to a new study by market research firm
Nielsen//NetRatings Inc.
A study during
February showed that QVC showed the highest "conversion rate,"
or ability to turn shoppers into buyers, among the 120 online
retailers that Nielsen//NetRatings surveyed. TV-based retailer
QVC topped the list with a 16.3% conversion rate, followed by
Lands End with 14.8%, and sportsmansguide.com, which had 13.5%.
Some of this
trend can be attributed to the loyal customers of these
retailers and their conditioning to buying remotely, said
Heather Dougherty, senior retail analyst at Nielsen//NetRatings,
a unit of New York-based NetRatings Inc.
Some of the top
10 retailers with the highest conversion rates showed strong
repeat buyers among their customers, the study found. Customers
of Internet auctioneer eBay Inc., which ranked eighth, made an
average of 2.9 purchases in February while customers of
Amazon.com Inc., which ranked sixth, made an average of 1.4
purchases. QVC customers made an average of 1.5 purchases.
Write to Mylene
Mangalindan at mylene.mangalindan@wsj.com1
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