Wendy Wolfson
Wolfson Communications
(617) 628-9310
wolfsonpr@mediaone.com
Jill Frankfort
Compete, Inc.
(617) 867-7031
jill@compete.com
Amazon Customer Activity Remains Strong Through Downturn
Boston - October 11, 2001 - Compete Inc., an advisory services firm that
provides sophisticated customer and competitive intelligence, is predicting
that Amazon.com sales for the 3rd quarter will top $700 million, handily
beating Wall Street consensus of $650 million. Compete works with leading
companies to provide tangible data-driven business recommendations that
drive online and offline sales and profits.
According to Compete`s analysis, visits to Amazon during the 3rd quarter
increased by 13 million over the number of visits during 2nd quarter. Both
visits and conversion rates are up over Q2 levels.
"Our detailed analysis shows that Amazon suffered only a week of depressed
activity as a result of the terrorist attacks in New York and Virginia,"
said Matt Work, Chief Strategy Officer for Compete. "Traffic and buying
activity on Amazon has rebounded since September 11 and even slightly
exceeds pre-attack levels."
About Compete
Compete, Inc. advises leading companies on their customer strategies and
competitive performance to drive online and offline sales and profits. The
company delivers tangible recommendations tailored to client`s specific
business issues through advisory and Web-based services. Based on a data
pool representing 9 million active Internet users, the largest in the
industry, Compete analyzes customer activity across the Internet to provide
actionable insights to help clients refine their customer attraction and
retention initiatives in order to maximize loyalty and profitability.
Compete is based in Boston, MA and has offices in San Francisco, CA.
Compete licenses detailed clickstream data representing the online behavior
of active Internet users, yet strongly supports individual privacy and does
not license personally identifiable information.
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