In June 2008, the Retail Index registered 174 for the month (benchmarked at 100 for January 2006), and is based on 245 million page views from 20 million consumer visits to retailers' websites. The ShopLocal Index is reportedly the advertising industry's first market indicator designed to track the influence of the internet on in-store shopping.
Vikram Sharma, CEO of ShopLocal, said: "The ShopLocal Index was set up a year ago to track trends in the use of the internet for in-store shopping. The results are clear and the index strongly supports analyst forecasts of the rapidly growing use of the internet for shopping in-store."Story Source: Datamonitor