PetSmart acquired Pet360 for $130 million in cash and up to $30 million more in future performance-based payments.
61% of Americans in households that earn more than $100,000 have visited an online retail site in the past 30 days, says a new survey.
61% of Americans in households that earn more than $100,000 have visited an online retail site in the past 30 days, according to the American Association of Advertising Agencies’ 2009 Mendelsohn Affluent Survey. That percentage jumps to 63% for those in households that earn more than $250,000.
In fact, online retail sites are the second-most visited web site category among those wealthy consumers, behind only search web sites (70%), and ahead of categories such as social networks (58%), general news (56%) and entertainment sites (45%).
“The purchase of products and services online by affluents is startling in both its variety and its volume,” says the report. “Whether by computer, mobile/PDA device or smartphone, upscale consumers are using their tremendous purchasing power via web access at significant levels.” That’s not surprising, according to the report, since 98% of those consumers are online, compared to 75% of the general population.
Here are the percentages of affluent consumers who have made online purchase in various categories in the past year:
- Women’s apparel or accessories, 43%
- Books, 43%
- Men’s apparel and accessories, 34%
- Computers, electronics, or related equipment, 33%
- Music and videos, 31%
- Children’s apparel and accessories, 30%
- Items on auction sites such as eBay, 21%
- Housewares, 19%
- Games, 17%
- Toys, 16%
- Cosmetics or fragrances, 14%
- Sports and athletic equipment, 12%
- Vitamins and other health aids, 11%