Study: Long-Term Growth Factors for Internet Recovery Remain Strong

New York–The economy may be down, but don’t count the Internet out. According to a recent report by research firm Jupiter Media Metrix, long-term drivers will lead to continued growth even though current market conditions will temporarily mitigate their effects in the short term.

The study identifies four growth drivers: continued consumer demand for Internet services, more-fulfilling experiences on the part of users, growth in consumers’ average online tenure, and business cost savings. Jupiter Media Metrix also found that the number of unique visitors online grew more than 13% throughout the first half of 2001. And secured conversion rates (the visitors who go into a secure mode for buying on a Website) also increased, from less than 25% of online visitors in January 2000 to 45% in January 2001.

Partner Content

3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.
Build the Foundation for Great Customer Experiences - NetSuite
Understand how consistent, timely, relevant and personalized experiences are enabled by having the right technology foundation in place.
Strategies for Maximizing Mobile Point-of-Sale Technology - NetSuite
Learn the top five innovative ways to utilize your mobile POS technology to drive customer engagement, increase sales and elevate your brand.