December 6, 2001, 12:00 AM

Compaq shifts half of its sales to the web

At $20 billion a year, web sales for Compaq Computer Corp. now account for half of the company’s revenue, Compaq reported today.

 

At $20 billion a year, web sales for Compaq Computer Corp. now account for half of the company’s revenue, Compaq reported today.

Compaq says it has seen steady growth in its web-based sales since it completed site improvements last year, including a new design and streamlined navigation to improve usability and integration of online purchasing options.

Marty Gruhn, an analyst at Summit Strategies, says Compaq’s site is on a par with the highly regarded IBM.com, which has shifted a significant amount of IBM’s business to the web.

Compaq.com receives more than 6 million customer visits each week.

"Clearly, to remain competitive in today`s marketplace, e-commerce must be an integral part of a company`s business model," Michael Capellas, Compaq chairman and CEO, said in a statement accompanying the release of the figures. "Our e-business team has driven tremendous, continuous growth, giving Compaq an aggressive advantage over our competitors. "

 

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

JoJo Rowden / Mobile Commerce

Wearable fashion: Hot or not?

The potential for wearable fashion is endless and exciting. But brands promoting these web-connected wearables ...

FPO

Thom O'Leary / E-Commerce

Keep success from killing your web store: a replatforming guide

A specialist in helping online retailers upgrade their e-commerce software, has a surprising word of ...

Advertisement