|
|
Enron Mail |
Charles Schwab & Co., Inc.
Email Alert Internet Daily for Monday, November 26, 2001 by Frank Barnako CBS MarketWatch.com Etail winners have solid foundation Yahoo and Microsoft reported Monday dramatic year-on-year increases in online shopping over the holiday weekend. Yahoo's Jennifer Dulsky, senior brand manager, said the number of transactions through her site was 75% greater compared to the weekend after Thanksgiving last year, while Jim Barr, Microsoft's general manager of commerce services, said online visits to MSN Shopping were 150% higher. Both executives said that while the overall number of selling merchants was comparable to last year, there are fewer "pure play" etailers and more in the way of traditional retailers, including Nordstrom and Neiman Marcus. In a similar vein, visits on Friday to Web sites set up by some other major brick-and-mortar retailers more than doubled from last year. "Five of the six top virtual department stores find their roots in strong brick-and-mortar brands," said Sean Kaldor, vice president of analytical services at Nielsen/NetRatings. Such a presence "has proven to be a successful online formula." Amazon.com was the sole Web-only company to be among the biggest draws. It had 1.7 million visitors this year, compared to 1.3 million last year. Still, this performance was more than five times the number drawn by even the biggest gainer among traditional retailers' sites, Wal-Mart, whose visitors totaled 355,000, up 132% from a year ago. Other online winners from the "real" world included Target, Kmart, Sears Roebuck and J.C. Penney. Kaldor said 22% more home Internet users went online holiday shopping Friday, compared to the average for Monday through Thursday. But Friday's uptick was not as pronounced as the 27% increase seen last year, Kaldor said. ----------------------------------------------------------------- AOL membership passes 32 million AOL Time Warner said Monday its global online service has more than 32 million subscribers. That's a gain of 7 million members in the past year. Barry Schuler, America Online's chairman, credited the company's new AOL 7.0 software for helping the average at-home user's online usage to rise to nearly 70 minutes a day. The access program has been downloaded more than 7 million times since it was released last month. AOL also said its premium-priced service for high-speed broadband connectivity has met with "strong" consumer demand in 18 of Time Warner Cable's largest markets. ----------------------------------------------------------------- eBay searches offline for customers EBay will use an eight-page printed catalog insert in 55 newspapers across the nation this holiday season to draw traffic to its online auction sales. The company plans to distribute 23 million copies, according to The Wall Street Journal. "What we know about the holidays is people traditionally shop in catalog format," Annette Goodwine, eBay's senior director of brand marketing, told the Journal. EBay is expected to spend $40 million for advertising this quarter, including the catalog and television commercials broadcast on AOL Time Warner cable properties. ----------------------------------------------------------------- For late-breaking market news you can't afford to miss, go to http://CBS.MarketWatch.com/ ================================================================ LOGIN to access your account: https://investing.schwab.com/trading/start ---------------------------------------------------------------- To unsubscribe or modify your Email Alert customization options, log in using the link below or copy and paste it into your browser's address window: https://investing.schwab.com/trading/start?SANC=EAMyAlerts ---------------------------------------------------------------- Notice: All email sent to or from the Charles Schwab corporate email system may be retained, monitored and/or reviewed by Schwab personnel. (0801-11478) Copyright 2001 CBS MarketWatch. All rights reserved. Commercial use or redistribution in any form, printed or electronic, is prohibited. Distribution by Quris, Inc.
|