1st In Video - Music World, Inc.

173 Million Internet U.S. Users

Justin Meats — Mon, 24 Mar 2008 16:11:01 +0000

As of January 2008, the US accounted for 21% (173 million) of the 824 million Internet users worldwide, according to comScore. This figure does not include users accessing the Internet from public computers or mobile phones.
Google is the dominant search brand in most countries
The number of worldwide visitors to social networking sites has grown 34 percent in the past year to 530 million, representing approximately 2 out of every 3 Internet users. MySpace and Facebook are in a tight battle for the global leadership position, each attracting more than 100 million visitors per month.
Online video has become the dominant online entertainment format, led by the global popularity of YouTube with more than 250 million visitors in January.
The Internet has become an important source of news for most Web users.

2007 E-commerce sales rise 19% last year in U.S.

Justin Meats — Tue, 11 Mar 2008 15:38:23 +0000

E-commerce sales in 2007 grew 19% to $136.4 billion, up from $114.62 billion in 2006 according to the U.S. Department of Commerce. U.S. Retail sales only grew 4%.

Source: Internet Retailer Magazine - March 2008

More Minorities Shopping Online

Justin Meats — Tue, 11 Mar 2008 15:28:52 +0000

African Americans and Hispanics still lag the general population, while Asian Americans are more heavily represented.

Percentage of Shoppers vs 2002:

40.6% of African Americans (up from 25.1%)
41.8% of Hispanics (up from 27.7%)
70% of Asian Americans (up from 55.8%)
55% of Adults Overall (up from 44%)

eBay & PayPal 2007 Sales Statistics

Justin Meats — Tue, 11 Mar 2008 14:40:58 +0000

$59.35 Billion in sales ($52.57 in 2006 - 13.1% increase)

610 Million Listings (42% fixed-price listings - up from 38% in 2006)
83.2 Million active users (81.8 million in 2006)
532,000 Stores
Paypal’s net total payment volume in 2007 Q4 was $14 billion (Up 35% from 2006 Q4)
57.3 million active registered PayPal accounts (up 5% from 2006)

Source: eBay’s 2007 merchandise sales grow 13.1% to $59.3 billion - Internet Retailer

US Internet Users Demographics

Justin Meats — Thu, 28 Feb 2008 15:45:37 +0000

Almost 2/3’s of the US population is online
The aveage US Interet User spent 15.3 hours per week online in 2007
“The US Internet population differs from the general population in age, race/ethnicity, income and education levels.”

Source/Read More: Now US Is Online, And How! - eMarketer

1st in Video – Music World Announces Expansion Plans

Justin Meats — Fri, 01 Feb 2008 06:00:05 +0000

Quincy, IL 2/1/2007 - Due to the companies fast growth online, 1st in Video - Music World, Inc. is expanding into a 30,000 square foot state-of-the-art distribution center located at 1400 N 30^th Street, Quincy, IL. The company will continue to operate its retail stores of Your Electronic Warehouse, Discount Golf World and Quincy’s Discount Travel of their current retail locations in the 2800 block of Broadway. (more…)

Your Electronic Warehouse Included in Internet Retailer’s Hot 100 Best Retail Websites

Justin Meats — Mon, 10 Dec 2007 18:07:43 +0000

Quincy, IL, 12/10/2007 - Your Electronic Warehouse has been named to the 2008 Internet Retailer Hot 100 Best Retail Web Sites. The Hot 100 list is featured in the December 2007 issue of Internet Retailer Magazine and consists of online retail sites that reflect the best of what retailers can do online. This marks the first time Your Electronic Warehouse has been selected to the Internet Retailer Hot 100 list but has been included in Internet Retailer’s Top 500 list the previous two years. (more…)

Major Golf Brands Select DiscountGolfWorld.com As an Internet Authorized Dealer

Justin Meats — Mon, 19 Nov 2007 15:16:15 +0000

Quincy, IL/November 19, 2007 – In the past several months, DiscountGolfWorld.com has been selected as an Internet Authorized Dealer for Nike Golf, Callaway Golf, Taylor Made, Adidas, Cleveland Golf, Ben Hogan, Odyssey, Top-Flite, and Maxfli. (more…)

Case Study: Manufacturers That Link To Authorized Dealers Have More Influence On Search Results

Justin Meats — Tue, 13 Nov 2007 20:33:43 +0000

This case study compares the search engine rankings for the top ten search terms of two premium manufacturers. One manufacturer, Company A, is a multinational cable and audio company that does a very good job of linking to its Internet authorized dealers. The other manufacturer, Company B, is a multinational audio company that does not link to its Internet authorized dealers. This study shows how a manufacturer can minimize negative PR online and gain more control over its search engine results by properly linking to its Internet authorized dealers. (more…)

Web Users Up, Demographics Broader

Justin Meats — Sun, 11 Nov 2007 16:16:15 +0000

80% of US adults use the Internet
Average time spent online per person was 11 hours per week
70% of US adults have internet access at home
Higher education and income levels still go hand-in-hand with Internet usage