Thursday, April 17, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Amazon Announces Kindle Service For Samsung Devices
Nokia Halts Sales Of Lumia 2520 Tablet
TSMC Reports Quarterly Profit
Toshiba Debuts World's Fastest microSD Memory Cards
PlayStation 4 Sales Surpass 7.0 Million Units
Google Reports Lower Than Expected First Quarter revenue
AMD Demonstrates Next-Gen x86 APU Running Fedora Linux
Lenovo Introduces A to Z and FLEX 2 series Of Laptops and Desktops
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > General Computing > Online ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, December 12, 2011
Online Holiday Spending Stronger Than Last Year


Holiday season retail e-commerce spending for the first 39 days of the November ? December 2011 holiday season was increased by 15-percent versus the corresponding days last year, comScore said on Sunday.

For the holiday season-to-date, $24.6 billion has been spent online, comScore said. The most recent week (week ending Dec. 9) reached $5.9 billion in spending, an increase of 15 percent versus the corresponding week last year, with 3 days surpassing $1 billion. For the holiday season-to-date, six individual days have surpassed the billion dollar threshold, led by Cyber Monday at $1.25 billion.

"The most recent week of the online holiday shopping season saw growth rates remain in line with the season-to-date at 15 percent and three individual spending days eclipse the $1 billion threshold," said comScore chairman Gian Fulgoni. "These highlights represent another very positive sign for the holiday shopping season, as the week following 'Cyber Week' often experiences relative softness in spending momentum due to retailers pulling back on their promotional activity. As we enter what will be the heaviest week of the season for online retailers - beginning with 'Green Monday' on December 12 - all signs are now pointing to a strong finish to the season."

The term "Green Monday" was coined by eBay in 2007 to describe the Monday occurring around the second week of December, which has tended to be the heaviest (or among the heaviest) online spending days of the year. Over the past six holiday shopping seasons, "Green Monday" has consistently ranked among the top spending days of the season, ending the year as the top-ranked spending day twice (2005 and 2007) and the second-ranked spending day three times (2006, 2008 and 2010).

"We know that Green Monday will rank among the top online spending days of the season, but it's hold on the #1 position may be slipping somewhat over time," added Mr. Fulgoni. "One possible reason is that as Free Shipping Day (Friday, December 16 this year) gains in importance each year, online spending during the heaviest week of the season is being more evenly distributed throughout the week, whereas in the past there was a much higher concentration of spending during the early part of the week."

Since comScore began tracking e-commerce spending in 2001, seven individual shopping days have surpassed $1 billion in spending. To date, Cyber Monday 2011 (Nov. 28) ranks as the heaviest online spending day in history at $1.25 billion. Leading off this most recent week of the holiday season, Monday, December 5, 2011 now ranks as the second heaviest spending day in history at $1.18 billion, followed by Tuesday, November 29, 2011 at $1.12 billion and Tuesday, December 6, 2011 at $1.11 billion. Cyber Monday 2010 (Monday, November 29, 2010) rounds out the top five at $1.03 billion. The only day from 2009 to make the list is Tuesday, December 15, 2009 at $913 million, the heaviest spending day of the 2009 season.


Previous
Next
Intel Expects Lower Q4 Revenue Due To Supply Shortage        All News        Samsung Introduces New Series 5 Ultrabooks
Intel Expects Lower Q4 Revenue Due To Supply Shortage     General Computing News      Youtube To Implement RightsFlow's Copyright Management Technology

Get RSS feed Easy Print E-Mail this Message

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .