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To: ztect who wrote (13652)12/29/1998 11:45:00 AM
From: Andrew H  Respond to of 44908
 
Speaking of 3 fold sales increases, this message was just PMed to me by a poster who did not want to post it for fear of getting bashed. I think the bashers have gotten a bit out of hand on the board.

Online Holiday Sales Triple
$2-3 Billion at Least in Purchases
N E W Y O R K, Dec. 28 — Online holiday shopping this year more than tripled over 1997, clogging up and even crashing some Web sites, according to a study released today by Boston Consulting Group.
"This was at or above most people's expectations," David Peceut, e-commerce specialist for Boston Consulting, told Reuters. He estimates online shopping revenues will reach about $13 billion for 1998, expects year-over-year growth to continue at over 200 percent, and projects 1999 revenues of $30 billion to $40 billion.
The exact dollar figure for the holiday season shopping was not disclosed due to agreements between Boston Consulting and the companies surveyed. But a source familiar with the survey said the figure, if non-gift items like airline tickets were included, would be in the range of $2 billion to $3 billion.
Many Site Overwhelmed
Difficulties experienced by some sites included crashing, clogged lines from high volumes of shoppers and some retailers needing to e-mail customers to let them know their presents would not arrive before Christmas, due to stock shortages.
But Peceut said customers he spoke to informally and the companies themselves said the experience overall was still more civilized than the shopping malls braved by real world shoppers.
Why Shop Early?
The size of the average order was $55, up 6 percent over the average order placed last year, the study said. Online shoppers apparently procrastinate like everyone else, with heavier shopping volume coming closer to the 20th of December.
The results of the study were consistent with findings released in November by Boston Consulting and Shop.org, an online trade association. That study also saw over 200 percent revenue growth online.
Boston Consulting, a privately held management consulting firm, said it collected data from leading online retailers in major gift categories for the period November 23 through December 20. It surveyed online retailers of apparel, books and music, home and garden, specialty foods, electronic goods and others.<<





To: ztect who wrote (13652)12/29/1998 4:54:00 PM
From: Jazzbo  Read Replies (1) | Respond to of 44908
 
ztect:

While a good idea, it is overly optimistic to think that CCI has "good preliminary numbers" to release. Any numbers released now would likely frighten away new investors, and make weak of heart current investors cash in.

Lets face it, CCI is still unknown to the public. Two ads - are there even two? - are barely a blip on the radar, particularly when the public is deluged daily by amazon.com, CDNW, and even KTEL (for the leisure suit crowd). CCI's campaign is barely begun. Would you know of CCI if you weren't an avid investor? Perhaps, but not likely.

What CCI needs is more MC distribution deals. Until they are consummated, announced, and put into effect, how can one legitimately expect upward share price movement? And until there is actual revenue, and solid sales of the MC, can one really expect substantial upward movement? Not likely.

Right now, CCI is essentially static, a body at rest. Potential energy. Presumably the interior is charging up, both on the MusicCard aspect and the teleservices aspect. At some point - perhaps soon - the company will move from a static to a kinetic state. And with dynamic management, focused not on the here-and-now (that's already passing) but the future, well, you know what they say about a body in motion...

We've got lots of potential. What we need is a good kick in the ass. I think I remember that from high school physics.

It would be a serious blunder to release weak numbers. To say we sold 10 CDs last week, but 50 this week is an allusion of sales rising at a tremendous rate. More an illusion than allusion, though.

I've heard talk of there being a Dick Clark New Year's special. One would think that he can't help but mention the Foundation he heads, as well as the company that has designated the Foundation as its main charity. That would be helpful.

Alliances, contracts, teleservices contracts. A good kick...

Nice to see ended relatively even today. Perhaps the weak of heart have moved on for the moment.

Well, I've rambled on, but the kids and I just got out of the new RugRats movie. A baby gotta do what a baby gotta do.

Regards, TS



To: ztect who wrote (13652)12/29/1998 5:38:00 PM
From: REW  Read Replies (2) | Respond to of 44908
 
Ztect,

Exposing production numbers now would be without any merit. It would only add to the story already known. CCI is starting up and has a sour present paper look. The story is to look at the future.

Consider the customer base of the CD competitors and compare the nearly assured customer base of CCI as the marketing takes hold next month.

The competitors attempt to get a customer for a purchase of CDs, then attempts to get them back.

CCI attempts to get a MusicCard customer and with low cost product and service gets them to purchase 20 CDs.

The best senerio places 1,000,000 MusicCard customers purchasing 20,000,000 CDs. Then the customer decides whether to reload (repurchase another MC) or not. If the product is still low cost and the service is good, the reload percentage will be high.

I would think the PR of pride would be telling the world they have their first 1,000,000 MusicCard holders. That could happen within a couple of months. With the announcement of the 2,000,000 mark, CCI can claim to be a leader in the market. I wonder what the market will think of CCI when it hits 3,000,000 active MusicCard customers? Very likely within 1999. And the growth continues.

The rub to the competitors will be the proclamation of the high percentage of MusicCard reloads. Those are customers we keep and base revenue to be projected.