|
Auctionbytes-NewsFlash, Number 113 - June 28, 2001 - ISSN 1539-5065
| Next Story
Record Amounts Spent at Online Auctions in May
By Ina Steiner
AuctionBytes.com
June 28, 2001
Reading AuctionBytes: Record Amounts Spent at Online Auctions in May
|
According to a report released on Thursday by Nielsen/NetRatings and Harris Interactive, over $556 million of business was transacted last month on online auction sites, a 149% rise from May, 2000. According to the report, over 6.2 million consumers made purchases at online auction sites in May, 22% higher than the 5.1 million that did so in May 2000. The report also stated that eBay generated over 64% of all auction revenues for May and also had the highest conversion rate, with nearly one quarter of the eBay's visitors making a purchase. uBid.com came in second with a 14.7% total revenue share for May, and Egghead.com had a 4% share, Yahoo Auctions showed a 2.4 % share, and Amazon Auctions followed with a 2% share. The findings were collected from a May 2001 online survey of 35,000 Web users.
|
You may quote up to 200 words of any article on the condition that you attribute the article to AuctionBytes.com and either link to the original article or to www.AuctionBytes.com.
All other use is prohibited.
|
Email this story to a friend.
| Next Story
Related Stories
Auction Timing - What's the Best Day to End your Auctions? - December 19, 1999, Issue #4
Report: Saturday Most Popular Day for Web Surfing! - February 19, 2000, Issue #8
Auction Stats - March 03, 2001, Issue #33
New eBay Metric for Counting Active Auction Users - November 03, 2002, Issue #82
Best Time to End an eBay Auction? Ask Our Readers! - March 23, 2003, Issue #91
|
Discuss this story in our forums.
|
