January 19, 2001, 12:00 AM

Wall to wall at the e-mall

Don Davis

Editor in Chief

Online shopping networks appear to be paying off for investors, consumers and merchants. (www.shopnow.com) ShopNow.com of Seattle today reported that it expects to exceed analysts' revenue expectations of $10.5 million for the fourth quarter.
     ShopNow says it will generate more than 80% of this year's revenue from businesses and merchants during the fourth quarter. In November alone, ShopNow recorded more than 1.5 million orders and leads to merchants and businesses on its network, averaging more than 60,000 orders and leads per day.
     ShopNow also says more than 2,000 merchants and businesses joined the network or began using its services in November, bringing the total to 40,000.


Sign In to Make a Comment

Comments are moderated by Internet Retailer and can be removed.

Not a member? Signup for free today!




Relevant Commentary


Jason Squardo / Mobile Commerce

Five tips for achieving high mobile search rankings

Searches on mobile devices will soon exceed those on computers, Google says. Retailers that keep ...


Sergio Pereira / B2B E-Commerce

Quill turns to its B2B customers for new ideas

Coming in April is a new section of Quill.com that will let customers and Quill ...