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Hitwise

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At Hitwise we measure Internet usage behavior on over 500,000 websites across 160 industries on a daily basis. One of our roles in the Hitwise Research Group is to find interesting stories, case studies and applications within this massive dataset and write and speak about our findings. We will be posting on thought provoking findings from the Hitwise Research team on a variety of topics, such as; online shopping trends, innovative customer acquisition strategies, demand forecasting, brand equity analysis by search behavior, and online behavioral targeting.


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Wikipedia: Hitwise
Hitwise Pty. Ltd.
Type Private
Founded
Headquarters Flag of Australia Melbourne, Australia
Key people Andrew Walsh, Chief Executive
Industry Marketing
Employees 210 (2006)
Slogan Real-time competitive intelligence
Website http://www.hitwise.com/

Hitwise is an internet monitor which collects data directly from ISP networks. Hitwise bands the aggregate usage information into commercial verticals (travel, finance, retail, etc). The Hitwise product is a commercial platform whereby customers pay Hitwise a premium to access data reports for their vertical. A common use of Hitwise is to measure market share on the internet.

In 2006 Hitwise was valued at £180m [1] and was subsequently acquired by Experian for $240m on 19th April 2007[2].

Hitwise is of unique value to internet marketers because its data about web traffic and keyword search volumes comes directly from internet service providers. As such, the data represents a broader sample of total web browsing trends than other similar ranking sources that rely upon a panel of users who have opted to install a free browser toolbar or other monitoring software running on their local computer.

History

  • 1997 – Hitwise was founded in Melbourne by Adrian Giles and Andrew Barlow. [3] Adrian Giles acted as Managing Director from 1997 to 2000. Adrian Giles is now Executive Director. Andrew Barlow acted as Chairman and Joint-Managing Director from 1997 to 2000. Andrew Barlow is currently a large shareholder.
  • 2000 – The "competitive intelligence" service launches. This service allows subscription access to Hitwise’s reports.
  • 2001 – Hitwise launches in New Zealand, Hong Kong, United Kingdom and Singapore.
  • 2002 – Hitwise is ranked 5th in the Deloitte Fast 50 in Australia
  • 2003 – Hitwise launches in the United States
  • 2004 – Hitwise is ranked 6th fasted in the Deloitte Fast 50
  • 2006 – Hitwise purchases HitDynamics a bid management and web analytics platform.
  • 2007 - Hitwise is acquired by Experian

Products

  • Hitwise Rankings - Marketshare comparison in 160 niche categories.
  • Hitwise Search Intelligence - Which keywords users are typing into search engines to find websites.
  • Hitwise Clickstream - How web traffic flows around the internet
  • Hitwise Lifestyle - The best performinig sites judged by traffic and demographic information
  • Hitwise Conversions - How customers interact on key locations within a website
  • Hitwise Demographics - A report on websites' key demographic information; age, gender, location, etc.

Awards

  • 2003 Australian Entrepreneur of the Year Awards Finalist - Adrian Giles (founder) [4]
  • 2004 UK Revolution Awards - Winner Most Innovative UK Digital Business
  • 2002 - 2006 - Deloitte Fast 50

References

  1. ^ Hitwise eyes up £180m sale. Hitwise value. Telegraph (2006). Retrieved on 2006-12-11.
  2. ^ Experian Acquires Hitwise. Hitwise Acquisition. Hitwise (2007). Retrieved on 2007-05-15.
  3. ^ Company History. Hitwise History. Hitwise (2006). Retrieved on 2006-12-11.
  4. ^ Hitwise Factsheet. About Hitwise - Factsheet. Hitwise (2006). Retrieved on 2006-12-11.

See also

Competitors in the internet market research space include Alexa, Compete, Inc, ComScore, Nielsen//NetRatings, and Netcraft.

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