Shopping for Shoes
Have you ever bought a pair of shoes online? Barry Diller, the Chairman and CEO of IAC/InterActiveCorp, is betting that you will, and he’s betting big …
On Monday, the company announced that it will acquire Boston-based Shoebuy.com, “a leading internet retailer of footwear and related apparel.” While you might not be familiar with IAC, one or more of the conglomerate’s popular brands should ring a bell. Shoebuy joins IAC’s familiar names, which include Ask Jeeves; Citysearch, Evite, HSN, LendingTree, Match.com, Ticketmaster, and RealEstate.com. The acquisition should allow Shoebuy to go toe-to-toe with Zappos, “The Web’s Most Popular Shoe Store.” (Sorry, couldn’t resist the pun.)
Online shoe sales are big by all accounts. It seems that folks love to browse and buy shoes online, with a great many looking for sport-specific shoes. Golf, basketball, bowling, tennis, and running shoes live near the top of the most-searched list. And lets not forget those cleated sports shoes, for baseball, football, and soccer. (Soccer players on the other side of the pond don’t refer to their shoes as shoes, they call them “boots” … and of course, they call it football over there, not soccer). But no matter the sport, players and fans can’t get enough of those popular brands like Nike, Adidas, Reebok, Puma, New Balance, and Merrell.
Malcolm Gladwell’s classic Tipping Point begins with a tale of the rebirth of the Hush Puppies brand in the mid- to late-90s. Gladwell doesn’t mention the Internet’s role in spreading the brand’s popularity, but the surge in sales just happened to happen in the same slice of time when the Internet really started rocking.
I gotta get with it. I’m not just a geek that loves sheds, I’m a throwback when it comes to buying shoes. In all my years of living online, I’ve never bought a pair of shoes over the Internet. I’m a “gotta try ‘em on” kinda guy. I just picked up a fantastic pair of Merrells last week with a holiday gift certificate that was burning a hole in my pocket. Alas, I bought them in the dirt world, not online …





