|December 10, 2003
Shopping.Com Serves Record 20 Million Holiday Shoppers As Online Buying Reaches All-Time High
|Leading Comparison Shopping Service Sets Historic One-Day Record
After East Coast Blizzard Weekend
|San Francisco, Calif. December 10, 2003 - Shopping.com, the leading comparison shopping service, today announced that it has served a record number of holiday shoppers since the official start of the holiday shopping season on Friday, November 28, 2003, (the day after Thanksgiving, which is otherwise known as "Black Friday").
In the intervening days, Shopping.com helped 20 million people use the power of information to make the best buying decisions when shopping for holiday gifts. In the same period, Shopping.com delivered 14 million new customer leads to merchants across the Shopping.com Network, resulting in an estimated $55 million in sales.
Shopping.com, which saw a dramatic rise in traffic from the Northeast throughout last weekend's blizzard, also stated that Monday, December 8th broke all previous one-day records for traffic, lead referral and revenue. That day alone, the company helped more than 2.05 million shoppers - or 35 shoppers per second - find, compare and buy the perfect gift.
"Online shopping has clearly gone mainstream," said Nirav Tolia, Shopping.com's Chief Operating Officer. "The growth of Shopping.com, in particular, reveals that people are embracing the Internet's ability to help them compare products, prices and stores before they buy. We are extremely pleased to help so many people find this season's hottest gifts."
Helping shoppers and stores check the pulse of consumer demand.
Today, Shopping.com released the second in its series of weekly shopping search tallies, the Shopping.com Consumer Demand Index (CDI), which is found at www.shopping.com/cdi.
This week's CDI reveals that freezing blizzard conditions on the east coast and feverish holiday shopping across the country have driven the demand for Snow throwers and MP3 players alike.
Snow throwers - the modern incarnation of your father's snow-blower - thus account for this week's break-away trend, and keyword 'mp3 player' jumps from #15 to #10 on this week's top-twenty shopping search terms. Please see the short list below or go to www.shopping.com/cdi.
Shopping.com, Inc. is the leading provider of comparison shopping services that help people use the power of information to make the best shopping decisions. The company's flagship website, Shopping.com, is a comprehensive comparison shopping service that combines millions of in-depth consumer product reviews with detailed price information on millions products from thousands of stores.
Shopping.com is the result of the May 2003 merger of two Internet pioneers: DealTime, the leading shopping search engine; and Epinions, the Web's premier consumer reviews platform. The company is privately-held and backed by August Capital, Bain Capital, Benchmark Capital, Bertelsmann, Goldman Sachs, Israel Seed Partners and others.
Shopping.com and the Shopping.com logos are trademarks of Shopping.com Ltd. DealTime, DealTime.com, Epinions, Epinions.com and the DealTime and Epinions logos are registered trademarks of Shopping.com Ltd. and its subsidiaries.
Director of Communications