The race for 'sticky' Web sites; behind the deal frenzy, a quest to hang on to restless clickers
Article Abstract:
A large number of mergers and patrnerships is taking place among computer industry, communications and Internet companies as they strive to develop collections of Web sites capable of acquiring and retaining the largest number of users. The ability of sites to do this is a quality referred to as 'stickiness' and it is achieved by combining in one Web location access to all the services and resources it is imagined a Web surfer could want. Success is measured by the amount of time a user stays connected to sites controlled by a company. By controlling a large number of sites concerned with a broad range of user concerns, companies can increase a user's time on their resources and increase the chances that he will become a customer for any business offering goods or services via their sites. Companies that can give their customers access to information and services through the broadest range of communications media at the highest speeds also increase their stickiness. An example is the ability of Excite users to trade stocks on line using At Home's cable modem access and to track stocks using their cell phones and pagers, an advantage made possible by At Home's close ties to AT&T. An online business that cannot offer its users such a range of services is at a competitive disadvantage.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Amazon.com to open two more 'stores' on its Web site; toys and electronics to be sold as firm seeks a mark in big categories
Article Abstract:
Giant online bookseller, Amazon.com is jumping into the arena of adding consumer electronics and toys to it's $20-billion-a-year inventory. Chairman Jeffrey Bezos is putting all his chips on the line of rapid growth for his company. Ignoring competition from other online retailers who have had years head start on Amazon.com, the company hopes to offer goods below list price and give well-informed sales information about each product. There will doubtless be other product categories Amazon will eventually offer to its base of more than 10 million customers.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: On-line trade fees falling off the screen. Amex agrees to join forces with Nasdaq. Chicago and Pacific markets are said to be in merger talks
- Abstracts: Five agency acquisitions are all in a single day's work in these frenzied times for Madison Avenue. Books on line, hair color, food, graphics, tourism and other million-dollar marketing decisions
- Abstracts: Ford reports stronger-than-expected earnings. Ford tries to avoid closings in wake of factory explosion
- Abstracts: Citing security, U.S. spurns China on satellite deal; reversal by White House; project, though commercial, may help to aim missiles, State and Defense fear
- Abstracts: Amazon.com is expanding beyond books. Amazon is reported ready to link to other merchants