E-Commerce Future Unclear for Portals
Fewer than 5 percent of e-commerce executives say they are "highly likely to renew" their current agreements with portals, according to research conducted by Jupiter Communications.
Fewer than 5 percent of e-commerce executives say they are "highly likely to renew" their current agreements with portals, according to research conducted by Jupiter Communications.
Fewer than 5 percent of e-commerce executives say they are “highly likely to renew” their current agreements with portals, according to research conducted by Jupiter Communications.
Jupiter found that, despite the huge volume of traffic portals can direct to commerce sites, revenue expectations for portal tenancy deals are often overly ambitious and cannot be realized. Jupiter estimates that 18 percent of online commerce will be directly driven by the major portals in 1999. By 2002, that number will rise only to 20 percent.
In order to reach the growing numbers of online shoppers, Jupiter advised commerce players at the Jupiter Shopping Forum to diversify their marketing strategies, including investments in affiliate programs, affinity sites, and offline marketing.
According to Jupiter’s research, 92 percent of e-commerce executives with portal deals believe that portal tenancy helps drive sales. More than 60 percent indicate that the deals contribute less than one-third of total online sales.
Portal deals tend to be structured to deliver what the portals deliver best — mass traffic, according to Jupiter’s Marc Johnson.
“Commerce players simply have not demanded enough from their portal partners,” Johnson said. “While they offer an effective means to drive traffic, primary portals do not help commerce players retain customers. Portals must develop compelling loyalty programs that help deliver repeat purchases for commerce partners, or they will risk losing the ability to garner huge anchor tenancy deals.”
More about:
Lucy helps organizations leverage knowledge for in... View Tech Talk
TVSquared is the global leader in cross-platform T... View Tech Talk
Grata is a B2B search engine for discovering small... View Tech Talk
Streaming has become a staple of US media-viewing ... Download Now
Data is the lifeblood of so many companies today. ... Download Now
This report documents the findings of a Fireside c... Download Now
Customers decide fast, influenced by only 2.5 touc... Download Now
Streaming has become a staple of US media-viewing habits. Streaming video, however, still comes with a variety of pesky frustrations that viewers are ...
View resourceData is the lifeblood of so many companies today. You need more of it, all of which at higher quality, and all the meanwhile being compliant with data...
View resourceThis report documents the findings of a Fireside chat held by ClickZ in the first quarter of 2022. It provides expert insight on how companies can ret...
View resourceCustomers decide fast, influenced by only 2.5 touchpoints – globally! Make sure your brand shines in those critical moments. Read More...
View resourceHow the sunglasses giant created subconscious brand recall value with music festival-goers through the power of strategic partnerships and experientia...
View articleCustomers appreciate surveys when there is context but how do you ensure there are no lags and loopholes? Read More...
View articleAs personalization is predictive, machine learning has started playing a central role. Nature Torch's John Ejiofor gives three ways to utilize the tec...
View articleThe idea that content is king extends to online reviews, where a new study found that consumers put far more weight in content than star reviews. Duri...
View articleSocial infrastructure company Gigya's quarterly social login report finds that Facebook accounts for more than half of social logins, and a whopping 6...
View articleWhile mobile and tablet share of traffic continues to grow, consumer behavior differs greatly across form factor and operating system, according to ne...
View articleThe global social chatter about the 2014 FIFA World Cup in Brazil is likely to surpass both the Super Bowl and the Olympics. So how can marketers capi...
View articleAt last week's ClickZ Live New York, the session "Unlocking the Secrets to Mobile Video" shared tips and tricks for getting the most out of video on Y...
View article