garyp
08-17-2004, 02:26 PM
DoubleClick has released their
Q2 2004 E-Commerce Site Trend Report.
It's available here:
http://www.doubleclick.com/us/knowledge_central/documents/trend_reports/dc_q204ecommercetrends_0408.pdf
Highlights
* Visitors are looking at more pages per session with an increase of 12%
(9.8 pages in Q2 03 vs. 11.0 in Q2 04), however session length remained
relatively flat (4.78 minutes in Q2 03 vs. 4.82 in Q2 04).
* Consumers are increasingly likely to cart items, an important indicator
of consumer interest in making a purchase. Carting frequency rose from
8.3% to 9.4% year over year.
* More significantly, shoppers are more likely to buy and their spending
per purchase has increased overall. Conversion rates have increased 14%
year-over-year, with 4.9% of all visits resulting in a conversion. The
average order value also increased 15% year-over-year to $134.01. More
dramatically, the average revenue per visit increased 25% from Q2 03 to
$4.28.
* However, consumers are more likely to abandon their shopping cart --
abandoned carts increased 24% year over year from 45.9% to 57% of all
carts. Consumers are also less likely to return to abandoned carts to
complete a purchase. In Q2 04, only 26.5 % of sales resulted from
previously carted items, while a year ago, they represented 35.6% of
sales.
* Usage of on-site search functionality increased dramatically (+26%)
year-over-year while the percent of sales from search increased 17% to
8.4% of all purchases. More importantly, the average order value of
sales that result from search increased 47% year-over-year to
Q2 2004 E-Commerce Site Trend Report.
It's available here:
http://www.doubleclick.com/us/knowledge_central/documents/trend_reports/dc_q204ecommercetrends_0408.pdf
Highlights
* Visitors are looking at more pages per session with an increase of 12%
(9.8 pages in Q2 03 vs. 11.0 in Q2 04), however session length remained
relatively flat (4.78 minutes in Q2 03 vs. 4.82 in Q2 04).
* Consumers are increasingly likely to cart items, an important indicator
of consumer interest in making a purchase. Carting frequency rose from
8.3% to 9.4% year over year.
* More significantly, shoppers are more likely to buy and their spending
per purchase has increased overall. Conversion rates have increased 14%
year-over-year, with 4.9% of all visits resulting in a conversion. The
average order value also increased 15% year-over-year to $134.01. More
dramatically, the average revenue per visit increased 25% from Q2 03 to
$4.28.
* However, consumers are more likely to abandon their shopping cart --
abandoned carts increased 24% year over year from 45.9% to 57% of all
carts. Consumers are also less likely to return to abandoned carts to
complete a purchase. In Q2 04, only 26.5 % of sales resulted from
previously carted items, while a year ago, they represented 35.6% of
sales.
* Usage of on-site search functionality increased dramatically (+26%)
year-over-year while the percent of sales from search increased 17% to
8.4% of all purchases. More importantly, the average order value of
sales that result from search increased 47% year-over-year to