Cyprus websites can learn from the international trends and the international market.
TOP SALES ON INTERNET ONLY SITES
By Beth Cox:
A quarter of the top 100 e-commerce operations had annual revenues of more than $100 million USD last year, according to a recent study.
According to market research firm ActivMedia's new report, "Top 100 Retail E-Commerce Websites," the upper half of the top 100 had revenues above $50 million USD annually, while sites at the bottom of the list reported sales of approximately $12 million USD.
The Top 100 sites varied widely, and included such diverse industries as books, stocks, travel, computers, auction houses, computer equipment resellers, and entertainment.
"The 'Top of the Top' 100 retail e-commerce sites -- generating over $100 million in online revenues -- outshine their competition in both revenues and site dynamics," said Harry Wolhandler, ActivMedia's vice president of market research.
"A much touted concern over download speed is rebuffed by these findings, and consumers flock to order based on site navigation, product selection and price."
The high-end of the list includes well-known Web-only sites, like Amazon.com, Outpost.com and AutoWeb as well as Dell Computer Corp., Ticketmaster, Egghead.com, Gateway and Walt Disney.
"Every one of the Top 100 finds their sweet spot in the marketing mix, thereby establishing a unique online presence. They tend to stick to their niches, and often use multiple Web sites to address the needs of various markets to better personalize information and sell more effectively," Wolhandler said.
ARTICLE FROM INTERNETNEWS.COM
