SEATWAVE LARGEST UK SECONDARY TICKETING SITE
London: 22 August 2007: Seatwave, Europe’s largest fan-to-fan ticket exchange, has announced that it ranks in the top five of all UK Shopping & Classifieds- Ticketing sites, as verified by Hitwise* and that it is the number one most visited secondary ticketing site in the UK. Hitwise measures both primary ticket suppliers, such as Ticketmaster UK, and secondary ticketing suppliers. This illustrates the incredible growth of the secondary ticket exchange market, the meteoric success that Seatwave has experienced since its launch in February and that it is leading the industry.
Hitwise provides daily insights on how 25 million people interact with over 1 million websites in 160+ industries.
Commenting on this important achievement, Joe Cohen, Founder and CEO of Seatwave said: “The Seatwave ticket exchange was only launched in February of this year and is already leading the industry as the most visited secondary ticket exchange site in the UK. According to Hitwise, we have jumped the rankings among all UK Ticketing sites to rank in the top five, providing further testament to the growth of secondary ticketing and our winning efforts to create a safe and secure marketplace for fans to buy and sell tickets.”
* Based on share of UK Internet visits for the week ending 18 August 2007.
Seatwave
Seatwave is Europe’s largest fan-to-fan ticket exchange, an online marketplace for buying and selling tickets for theatre, sports, music and other live events. The company was launched in February 2007 by Joe Cohen, ex Ticketmaster and ex match.com and early stage Venture Capital firm, Atlas Venture. Seatwave has more than 500,000 tickets on sale, which is almost 10 times as many as eBay across Europe and 25 times as many as eBay UK. Seatwave guarantees that tickets come only from legitimate sources and will represent them accurately and honestly. Seatwave operates two types of customer protection. TicketintegrityTM guarantees that buyers will receive the tickets they ordered and in good time for the event. If not Seatwave refunds 150% of what was paid. All tickets bought on Seatwave are also covered by TicketcoverTM This provides for a full refund if an event is cancelled and even covers buyers for a range of circumstances that may prevent them from attending their performance. The company is based in London. www.seatwave.com
About Hitwise:
Hitwise is the leading online competitive intelligence service. Only Hitwise provides its 1,200 clients around the world with daily insights on how their customers interact with a broad range of competitive websites, and how their competitors use different tactics to attract online customers.
Since 1997, Hitwise has pioneered a unique, network-based approach to Internet measurement. Through relationships with ISPs around the world, Hitwise’s patented methodology anonymously captures the online usage, search and conversion behavior of 25 million Internet users. This unprecedented volume of Internet usage data is seamlessly integrated into an easy to use, web-based service, designed to help marketers better plan, implement and report on a range of online marketing programs.
Hitwise, a subsidiary of Experian (FTS: EXPN) www.experiangroup.com, operates in the United States, United Kingdom, Australia, New Zealand, Hong Kong and Singapore. More information about Hitwise is available at www.hitwise.com.
For up to date analysis of online trends, please visit the Hitwise Intelligence-Analyst Weblogs at http://weblogs.hitwise.com and the Hitwise Data Center at www.hitwise.com/datacenter.
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For further information please contact
Louise Rutter / Katie Thompson
Portland PR
T. 020 7404 5344
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Notes for editors
About Seatwave
Seatwave is the UK's largest fan-to-fan ticket exchange. Seatwave was launched in February 2007 by Joe Cohen, ex Ticketmaster and ex match.com, and early stage Venture Capital firm, Atlas Venture. It has more than 400,000 tickets on sale at any one time, 20 times more than eBay. Seatwave guarantees that tickets come only from legitimate sources and will represent them accurately and honestly. All tickets include 'TicketCover™' free of charge, providing a 100% money-back guarantee for event cancellation and a number of other possible misfortunes. The company is based in London.
www.seatwave.com
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