Pharmaceutical companies, fearful of running afoul of the U.S. Food and Drug Administration’s marketing guidelines, have virtually abandoned search ad marketing in the wake of the FDA’s online ad crackdown earlier this year.
by Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily
Someday, the e-tailing sector will grow again. But not yet.
In the second quarter, U.S. online retail sales fell one percent year over year, following flat sales in the first quarter and a three percent drop in the fourth quarter of last year, according to ComScore.
by Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily
The number of consumers signing up to access the Internet via PC data cards has come nearly to a screeching halt, according to new data from comScore.
The research firm reports today that the number of U.S. subscribers signing up for mobile broadband services using data cards grew just five percent sequentially in the fourth quarter, after a long string of double-digit gains.
Earlier this week, comScore reported that daily web usage on mobile devices had doubled in the last 12 months, with nearly 22.4 million U.S. mobile users using their devices to go on the web.
Today, another research firm, Infonetics Research reported that despite the global economic downturn, the demand for mobile broadband is only going to increase. They expect that there will be more than 1 billion mobile broadband users by 2013 vs. 210.5 million at the end of 2008.
by Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily
If social-networking site Facebook ever finds a way to make money–and that’s a big “if,” I’d imagine–it could pose a threat to Google, according to a 15-page note out today from RBC Capital Markets analyst Ross Sandler, chockablock with charts and graphs and tables.
There are two places most of today’s laid-off executives are heading: to job-search sites to see what other opportunities are out there and to networking sites in hopes they can reconnect with–and milk leads from–former colleagues and business contacts. One site, LinkedIn, offers both of those things in one place.
by Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily
J.P. Morgan’s Imran Khan theorized in a research note this afternoon that Amazon.com could eventually be a beneficiary of the demise of Circuit City, which earlier today said it would close all of its remaining stores and liquidate. Khan thinks Amazon could inherit as much as half of Circuit City’s online business.
by Christopher Lawton, Consumer Technology Reporter, The Wall Street Journal
No retail category had a great Christmas, but e-commerce players have some reason to gloat over their brick-and-mortar counterparts: In certain key holiday categories, online sales outperformed offline retail sales, according to market research firm comScore.
by Tiernan Ray, Blogger, Barron's, Tech Trader Daily
There are plenty of “roundups” and tallies of shopping to choose from at this point in the new year, but the more you read them, the less appealing the headlines are. Last week came word from research firm comScore, which tracks Web users’ activity, that sales from Nov. 1 through Dec. 21–in other words, through the last weekend before Christmas–had fallen one percent.
Sales for online retailers during the holiday season appear to have declined slightly from 2007, a calamity in an industry accustomed to growth of 20 percent or more. And it looks as though one group was keeping a tighter grip on its wallets than others: the wealthy.
by Tiernan Ray, Blogger, Barron's, Tech Trader Daily
Citing ComScore data from last night’s search engine results for November, Thomas Weisel analyst Christa Quarles concludes that “Google continues to gain audience market share from its competitors and dominates the rankings globally while both Yahoo! and Microsoft continue on a downward trend.”
by Tiernan Ray, Blogger, Barron's, Tech Trader Daily
Online analytics firm comScore today released numbers for holiday online shopping activity in the U.S., and it looks as though cold weather that kept people indoors and online in some places provided one bright little sliver of hope.
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