« Wisteria Worth a Peak | Main | Can REI Show a Little More Emotion? »
April 12, 2005
QVC Leads E-retailers in Conversion Rates
From ponchos to camcorders, houseplants to pet supplies, multichannel retailer QVC is reporting an ONLINE conversion rate of 16.3%. (And yes, they seem to do quite well with their TV and in-store sales also.)
16.3%!!!!! Online!
Can you believe it?!
It seems that just yesterday the e-commerce industry was shooting off champagne corks when anyone converted more than 2%.
eMarketer (article free only until 4/15) just reported on a Nielsen/NetRatings list of the top 10 retailers, based on their online conversion rates.
Although I'm not a QVC shopper -- personally -- I'm not surprised they rank at the top of the list. They've been innovating for and in support of their customers for years. We should all take a cue.
The other 9 aren't to be pooh-poohed either:
April 12, 2005 in Innovative Experiences, Retail | Permalink | Bookmark

