How Many Of Your Customers Will Have Broadband?
Jupiter Media Metrix announced today their prediction that as many as 41 percent of online households in the U.S. will subscribe to a broadband Internet connection by 2006.
This story affects all businesses who sell to people who purchase online from their homes.
Keep in mind that at present (2001), only about 8-12% of consumers have broadband access at home (the statistic depends on whom you believe).
Why do you care about how many of your online customers have broadband access? Here's why:
These statistics all influence the kind of content that you put on your site.
- Broadband consumers use their connections more intensively; they are twice as likely to download music, 50% more likely to listen to music online, twice as likely to watch video, 50% more likely to do online banking.
- Banks and gaming sites have a relatively high concentration of broadband users.
Note: The "flip side" of this statistic is that, even by 2006, more than half of your customers will be still be using humble dial-up connections, with download speeds of only 3-5 kilobytes per second.
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