Forum Moderators: buckworks
Thanks,
CompWorld
Example 2) Let's say your site/company is an online store, the best time of the year for you is likely Christmas.
For me it's been slow and I think it's because people are traveling and staying outside because it's (At least here in the US.) nice, but maybe a little hot, but sure is better than the cold.
I see my pageviews skyrocket compared with the nice-weather-days.
Thanks for the input.
CompWorld
In our case, although there is no doubt that summer sales are always slow. We found new competitors on Bizrate and Dealtime who are undercutting the prices of our bestselling products by a large margin.
You have to compare year on year sales for anything remotely seasonal.
In almost every category year on year sales should be up. This is simply because of Internet growth. If you are falling short of July 2003 you have a problem.
For me, my sales are a tad down on June 2004 so far, but they are way up on July 2003, so who cares! My category goes to pot after June, by December I don't give a hoot and I'm usually found sunbathing in Mexico for a few months.
A lot of categories are very seasonal, although some "experts" will claim otherwise :(
My advice is only look at year on year results, and if you see 30%+ growth, be happy and go party in Mexico :)
[edited by: percentages at 10:48 am (utc) on July 11, 2004]
Two years ago during the World cup, I thought our business had collapsed. I expect the same thing will happen with the Olympics this year. I am bracing for a 30-50% drop.
... the World Cup has always been held during June/July (hot months) so therefore the effects tend to be huge.
We've already seen how Euro 2004 has affected sales badly last month (June) -- sales plunged 30%
I hope the Olympics will be not so bad as August will be cooler?
Look at US TV viewing figures! The most popular program in the US in the last 12 months was "The Apprentice" with 25 to 28 million viewers. But wait, look at the UK market and "Coronation Street" can beat that easily, even though the UK has less than one fifth of the population!
So, the lesson is: The US has a huge audience, but not a huge TV audience dedicated to anyone one show or event. Europe has a smaller TV audience, but a much more dedicated one.
What does that mean for websites? If your sales primarily come from the US, you should not notice the Olympics is happening :)