July 18, 2011, 10:02 AM

Web sales increase 4% in June, MyBuys index finds

Personalized transactions boost average order value 18.3%.

Bill Siwicki

Managing Editor, Mobile Commerce

Lead Photo

Total web sales in June for 300 retailer clients of MyBuys Inc. increased 4.0% compared with June 2010, driven largely by a 16.0% increase in revenues from full-priced items and a 12% drop in the number of products sold at a discount for the same period, finds the MyBuys E-commerce Health and Wellness Index.

Further, the average depth of discount in June decreased 2.0% compared with June 2010, according to the index.

As a result, the overall health of e-commerce for the 300 retailers increased 13.8% in June 2011, says the personalization and product recommendations vendor. These results continue to demonstrate the strong health of e-commerce this year as the index showed a monthly average improvement of 16.0%, it adds.

MyBuys also measures the effect personalization has on e-commerce. The average order value for transactions where a consumer used personalization, such as a product recommendation, jumped 18.3% in June compared with June 2010.

“June marked the 17th straight month of e-commerce growth, and personalization strategies have been a key contributor to this streak,” says Robert Cell, CEO of MyBuys. “Shoppers are increasingly expecting enhanced personalization in their shopping experiences across channels, whether they’re shopping in your store, on the web site, from their smartphones or reading their e-mail.”

Comments

Sign In to Make a Comment

Comments are moderated by Internet Retailer and can be removed.

Not a member? Signup for free today!

Advertisement

Advertisement

Advertisement

Relevant Commentary

FPO

Bill Siwicki / Focus on Mobile Commerce

Amazon Phone rumors reach a boiling point

Will Amazon take on Apple in a hardware war?

FPO

Stefany Moore / E-Retailer Watch

Top 500 Twitter trivia

As a thank you, we’re giving away free Top 500 Guides starting Mon., May 13. ...

Advertisement

!True!

To skip, click the "Continue to Site" link to the right.

— Internet Retailer
Continue to site

Advertisement