| |
SHOPLOCAL REPORTS DRAMATIC INCREASE
IN INTERNET USE FOR LOCAL SHOPPING
ShopLocal Finds 84% Growth in Consumer Visits
to Retailers' Local, In-Store Promotions
Chicago - November 28, 2006 – ShopLocal, the
leading multi-channel shopping resource, reports an 84 percent
increase in visitors who use the Internet for local shopping
in the three-day period ending Black Friday versus the same
period in 2005. The peak hour was 9:00 p.m.–10:00 p.m.
CST on Thanksgiving Day as shoppers prepared for Black Friday,
one of the retail industry’s busiest shopping days.
Driving this increase was the convenience of viewing retailer
promotions, sales and specials online. Home and garden and
consumer electronics retailers saw the largest growth in traffic,
followed by mass merchants. ShopLocal also reported that consumers
are spending more time engaged on the Internet, with page
views increasing year-over-year and consumers staying online
much longer, with an average of 14 page views per visit, as
illustrated by the chart below.
“Surfing for in-store deals has become as much a part
of Thanksgiving as turkey, cranberry sauce and watching football.
People are arming themselves with information obtained online
to make offline purchase decisions,” said Vikram Sharma,
chief executive officer for ShopLocal. “We find that
shoppers are supplementing traditional means of locating in-store
deals by using websites that give shoppers access to promotions
for top brands such as Best Buy, CVS, Home Depot and Sears.”
“Even as e-commerce grows as a channel, the more profound
development is the Internet's growing influence on local shopping,”
said Greg Sterling, founding principal of Sterling Market
Intelligence, a consulting and research firm focused on local
consumer and advertiser behavior. “Because it combines
local and online shopping information, ShopLocal accommodates
a much broader range of consumer behavior than just online
price comparisons.”
ShopLocal offers consumers and retailers a comprehensive
marketplace for multi-channel shopping and advertising. With
ShopLocal.com (www.shoplocal.com) and The ShopLocal Network
– made up of more than 200 affiliate media, search and
shopping sites – consumers have access to the only Web
site with information on products from local stores side-by-side
with e-commerce options. With ShopLocal’s SmartCircular,
SmartCatalog, SmartMedia services and MyStore by ShopLocal,
retailers can distribute sales and promotional content on
the ShopLocal site as well as through their own Web sites,
integrating e-commerce and local in-store promotions.
Gannett Co, Inc, Tribune Company and The McClatchy Company
are partners in ShopLocal and other joint ventures to provide
consumers online products such as CareerBuilder.com, Cars.com
and Apartments.com.
# # #
ShopLocal offers consumers and retailers a comprehensive
marketplace for multi-channel shopping and advertising. With
ShopLocal.com (www.shoplocal.com) and The ShopLocal Network
– made up of more than 200 affiliate media, search and
shopping sites – consumers have access to the only Web
site with information on products from local stores side-by-side
with e-commerce options. With ShopLocal’s SmartCircular™,
SmartCatalog™, SmartMedia™ services and MyStore™
by ShopLocal, retailers can distribute sales and promotional
content on the ShopLocal site as well as through their own
Web sites, integrating e-commerce and local in-store promotions.
|