Amazon.com Releases Holiday Shopping Patterns to DateTop Sellers Show Customers Seeking Low Prices This Holiday Season
Amazon.com/Harris Interactive Study Reveals Consumers Are More Focused on Value as They Do Their Holiday Shopping, Unaware of Shorter Shopping Season
SEATTLE--Nov. 29, 2002--
The Friday after Thanksgiving marks the traditional kickoff of the
holiday shopping season, the time between Thanksgiving and Christmas.
But according to Amazon.com's (NASDAQ: AMZN) Holiday Delight-O-Meter,
Amazon customers worldwide have already ordered more than 24 million
items (November 1-28, 2002). While the expected big hits and
blockbusters are topping Amazon.com's holiday sales charts thus far,
among them are a number of heavily discounted items reflecting
consumers' attraction to value this holiday season.
According to a new study conducted by Harris InteractiveŽ for
Amazon.com, more than one-half (51%) of Americans say they are looking
for lower prices this holiday season, while one-third (32%) are
looking for more value, such as free shipping or bonus products, with
their purchases.
Amazon.com's Top Sellers Since November 1, 2002 (based on units
ordered):
Holiday Shoppers Ring Up Cell Phone Sales: Cell phone unit
sales for November are over four times higher than last
November. Consumers love Amazon.com's low pricing, which has
left many of the newest, state-of-the-art cell phones free
after rebates. Top sellers include the Samsung S105 (free
after rebates), Sony Ericsson T68i ($49.99 after $250 savings
in rebates) and the Motorola T720i ($49.99 after $250 savings
in rebates). Cell phones with color screens are also a
customer favorite this holiday. Over 60 percent of the cell
phones sold this month feature a color screen for enhanced Web
browsing, increased functionality for application downloads,
and brighter and easier-to-navigate menus.Plummeting Prices Drive DVD Player Sales: Amazon.com's unit
sales of DVD players have increased 70 percent year-over-year
for the month of November due to the products' lower price
points. With quality DVD players priced below $100, the
overall value to the consumer has never been higher, and
multifunctional players like the Toshiba SD2805 5-disc
carousel DVD and CD player have been flying off the virtual
shelves. Originally retailing at $229.99 and sold elsewhere
for $139.99 and above, this player is available for $99.99 at
Amazon.com and has been the bestselling electronics item since
November 1.DVDs Rule This Holiday Season: Five of the ten bestselling
items overall at Amazon.com are DVDs - not surprising as,
according to Adams Media Research, about 37 million DVD
players will have been sold in the U.S. by the end of 2002.
DVDs tied to theatrical releases are especially popular, with
The Lord of the Rings: The Fellowship of the Ring (platinum
extended edition and collector's gift set) and Star Wars,
Episode II: Attack of the Clones (widescreen and full-screen
editions) all among Amazon.com's 10 bestselling items since
November 1. Also in the top 10 are hot new releases like
Spider-Man (widescreen and full-screen editions) and Band of
Brothers.Customers Choose Boxed Sets for Low Prices and Greater Value:
Value-conscious customers are also snatching up boxed DVD sets
at Amazon.com this holiday season. James Bond 007 Special
Edition DVD Collection, Back to the Future - The Complete
Trilogy, The Simpsons - The Complete Second Season and Babylon
5 - The Complete First Season are all selling for less than
$100 at Amazon.com and are among the top 25 bestsellers in
Amazon.com's DVD store.Fall Releases at 40 Percent Off Top Books Bestseller Lists:
Amazon.com's top 10 bestselling books since November 1 are
filled with fall releases from popular authors, including
James Patterson's Four Blind Mice, Janet Evanovich's Visions
of Sugar Plums and Allison Pearson's I Don't Know How She Does
It: The Life of Kate Reddy, Working Mother, all available at
40 percent off the list price. It also appears many may forgo
the traditional turkey and stuffing for Italian holiday fare
this year, as The Sopranos Family Cookbook, compiled by Artie
Bucco, is also among Amazon.com's bestselling books to date
this holiday season.Kitchenware Sales are Cooking: Holiday shoppers are taking
advantage of large discounts and bonus products included with
purchases in Amazon.com's Kitchen & Housewares store. The top
25 bestselling Kitchen items include the Le Creuset pumpkin
casserole ($99.99, with bonus seven-piece utensil set, a
$54.99 value), Calphalon's Commercial Hard-Anodized collectors
edition 12-inch everyday pan with cover ($39.99, compared with
$168 list price) and the Metrokane Rabbit corkscrew with
foilcutter ($49.95, compared with $79.99 list price).One-Stop Shopping for Apparel & Accessories a Perfect Fit for
Holiday Shoppers: In its first holiday season, Amazon.com's
recently opened Apparel & Accessories store has exceeded sales
expectations to date. Top-selling merchandise includes the
all-weather mocs from Lands' End, the raglan V-neck sweater
from Gap, Norsport wrinkle-free chinos from Nordstrom and
fleece half-zip pullovers from Old Navy.
To see real-time holiday top sellers in Toys, Computer & Video
Games, Electronics, Books, Music, DVD and all of Amazon.com's stores,
and to learn more about Amazon.com's Free Super Saver Shipping on
orders over $25 and other holiday offers, visit Amazon.com
(www.amazon.com). Customers can take advantage of Free Super Saver
Shipping through December 10 and still receive their orders in time
for the holidays.
Additional Survey Findings
Amazon.com's research also found that an overwhelming majority of
Americans (85%) do not realize they have six fewer days to complete
their holiday shopping than last year, as the 2002 holiday shopping
season (Thanksgiving to Christmas) lasts only 26 days, compared with
32 days in 2001. The average American will spend 15.5 hours, almost
two full working days, shopping for and sending gifts - time that
one-half (51%) of Americans would prefer to spend with friends and
family. Additional survey findings include:
Forty percent of Americans admit to taking time away from work
- leaving early, arriving late, taking a long lunch or calling
in sick - to get their holiday shopping done.Seventy percent of Americans find crowded malls and long lines
to be the worst part of holiday shopping.If everyone had a magic genie to either go to the mall, send
holiday cards, wrap or send gifts or attend holiday parties
for them this holiday season, two in five Americans (40%)
would want that genie to go shopping at the mall.Nearly half (47%) of Americans are making a budget this
season, and one-third say they will stick pretty close to
their budget because of the economic climate.
Study Methodology
Harris Interactive conducted an omnibus study via telephone with a
regionally representative sample of 1,000 Americans ages 18 or older
between October 25 and October 28, 2002. The margin of error for the
total sample is plus/minus 3.1 percent.
About Amazon.com Holiday Delight-O-Meter
The Delight-O-Meter tracks the approximate number of items ordered
at Amazon.com domains worldwide, such as www.amazon.com,
www.amazon.ca, www.amazon.fr, www.amazon.co.uk, www.amazon.de and
www.amazon.co.jp, as well as at cobranded domains such as
www.borders.com and www.virginmega.co.jp. Items tracked by the
Delight-O-Meter include items ordered at Amazon.com domains from
third-party sellers, such as items ordered in the Toysrus.com and
Target stores on Amazon.com and from Amazon Marketplace individual and
business sellers, as well as Amazon.com-owned items ordered on
non-Amazon.com domains, such as books ordered from Amazon.com's store
at www.target.com. The Delight-O-Meter excludes certain items,
including gift certificates, items ordered from mail catalogs, items
not owned by Amazon.com ordered from non-Amazon.com domains (such as
www.target.com), and items ordered through the cobranded Health &
Beauty, Cars and Travel stores on Amazon.com. The Delight-O-Meter is
not adjusted for items ordered that are subsequently canceled or
returned. The Delight-O-Meter debuted on November 12, 2002, with a
count of over 8 million items ordered since November 1. The
Delight-O-Meter is updated continually, but lags actual items ordered
depending on the item. The Delight-O-Meter should not be viewed or
used as a predictor or indicator of revenue or other financial
information relating to Amazon.com.
About Amazon.com
Amazon.com, a Fortune 500 company based in Seattle, opened its
virtual doors on the World Wide Web in July 1995 and today offers
Earth's Biggest Selection. Amazon.com seeks to be the world's most
customer-centric company, where customers can find and discover
anything they might want to buy online at a great price. Amazon.com
and sellers list millions of unique new and used items in categories
such as apparel and accessories, electronics, computers, kitchenware
and housewares, books, music, DVDs, videos, cameras and photo items,
toys, baby items and baby registry, software, computer and video
games, cell phones and service, tools and hardware, travel services,
magazine subscriptions and outdoor living items.
Amazon.com operates five international Web sites:
www.amazon.co.uk, www.amazon.de, www.amazon.fr, www.amazon.co.jp and
www.amazon.ca.
This announcement contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. Actual results may differ
significantly from management's expectations. These forward-looking
statements involve risks and uncertainties that include, among others,
risks related to potential future losses, significant amount of
indebtedness, competition, strategic alliances and business
combinations, seasonality, potential fluctuations in operating results
and rate of growth, foreign-currency exchange rates, management of
potential growth, system interruption, international expansion,
consumer trends, fulfillment center optimization, inventory, limited
operating history, government regulation and taxation, fraud and
Amazon.com Payments, and new business areas. More information about
factors that potentially could affect Amazon.com's financial results
is included in Amazon.com's filings with the Securities and Exchange
Commission, including its Annual Report on Form 10-K for the year
ended December 31, 2001, and all subsequent filings.