Still Tops in Online H&B Sales
Friday, May 16, 2008
The 2008 edition of Internet Retailer's "Top 500 Guide" just came out and Quixtar continues to be the online sales leader for the Health and Beauty category. Web sales are reported at $861 million, giving us an estimated 35% share of the H&B business online. There were 24 online retailers listed in our category with sales representing 4.8% of all retail sales.
Overall, Quixtar dipped a little to #26 overall, reflecting our flat year and others' continued growth. Internet Retailer's ranking methodology involves contact with hundreds of online retailers and detailed surveys that need are filled out by company representatives. The magazine ranks based on sales figures provided by the companies and, where companies do not disclose, through analyst estimates. Quixtar received an "excellent" ranking for web site performance metrics, including a decent webpage download response time plus 100% "site availability" (based on 3,360 tests). Only five retailers ranked higher than Quixtar in overall sales received similar "excellent" ratings and only four could claim 100% availability.
The profile of Quixtar in the guide cites the web work of the past year with Avenue A / Razorfish, noting that "the home page now is more focused on the health and beauty products" and features bigger images and drop-down menus aiding the shopper's experience.
It's great to have a high ranking like this and I hope we're able to maintain that Health and Beauty leadership for years to come. It's more important, however, that we're the leader in helping people make money with their own independent product marketing businesses, and that's where our efforts are truly focused.