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E-retailís first billion-dollar day
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elgato



Joined: 24 Feb 2005
Posts: 12198
Location: Texas

Posted: Thu Dec 02, 2010 3:51 pm    Post subject: E-retailís first billion-dollar day  

E-retailers netted $1.028 billion in sales on Monday, the first time online retail sales have topped $1 billion in a single day, comScore Inc. says. Mondayís sales were 15.9% greater than the Monday after Thanksgiving last year.

Online sales hit a new one-day high of $1.028 billion the Monday after Thanksgiving, according to comScore Inc. data. The web measurement firm says the day, often referred to as Cyber Monday, was the first time online sales exceeded $1 billion in one day. The previous one-day high total was last Dec. 15, when online sales reached $913 million, comScore says.

The Cyber Monday sales total this year is a 15.9% increase from the $887 million recorded on the corresponding day a year ago. ComScore says a nearly 12% increase in average spending per buyer helped drive higher sales. Consumersí average online spending on Monday hit $114.24, up from $102.19 a year ago.

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elgato



Joined: 24 Feb 2005
Posts: 12198
Location: Texas

Posted: Tue Dec 14, 2010 4:45 pm    Post subject: Re: E-retailís first billion-dollar day  

Update:

"Online Holiday Spending Nears $22 Billion"


U.S. online holiday spending has reached $21.95 billion during the first 40 days of the season, an increase of 12 percent over the same time period as last year, according to the latest report from comScore.

The most recent week (week ending Dec. 10) reached $5.15 billion in spending, an increase of 11 percent versus the corresponding week last year, as two individual days each surpassed $900 million.

ďGrowth rates during the most recent week settled in at around 11 percent, which is consistent with our forecasted spending growth rate for the holiday season,Ē said comScore chairman Gian Fulgoni.

ďWith more than $5 billion in spending this past week, itís clear that while deal-seeking shoppers may have driven stronger than anticipated spending early in the season, Americans continue to demonstrate a significantly greater willingness to spend online this year than in seasons past. This coming week, beginning with Green Monday, should see some of the heaviest online shopping activity of the season and we expect at least one more day to surpass the billion dollar spending threshold.Ē

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GreyJaguar



Joined: 12 Jul 2008
Posts: 333

Posted: Wed Dec 15, 2010 7:24 pm    Post subject:  

I'm not surprised. Many larger brick and mortar stores even get online for their customers to order products if they don't have an item in stock. The vast majority of my sales come from employees working in department stores.

Not to mention that several products are not available within the stores themselves, only if you order from their online sites.

Even companies that have closed many if not all their brick and mortar locations, tend to maintain an online presence since their store name is well known.
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elgato



Joined: 24 Feb 2005
Posts: 12198
Location: Texas

Posted: Wed Dec 15, 2010 11:50 pm    Post subject: Re: E-retailís first billion-dollar day  

My sales this year are up and down. I just never know from day to day.

Another factor for the NE U.S. is weather. They've had record breaking snowfall and more than likely those stuck at home are shopping online this year.

I can see where more and more B&M stores closing due to overhead and keeping an online presence. Makes sense IMHO.
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elgato



Joined: 24 Feb 2005
Posts: 12198
Location: Texas

Posted: Mon Dec 27, 2010 3:46 pm    Post subject: Re: E-retailís first billion-dollar day  

Update:

"Online Holiday Sales Surpass $28 Billion, up 12 Percent from Last Year"

The final shopping weekend before Christmas reached $900 million in retail ecommerce spending, representing a strong 17-percent growth rate versus last year. For the holiday season-to-date, $28.36 billion has been spent online, marking a 12-percent increase versus the corresponding days last year.

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elgato



Joined: 24 Feb 2005
Posts: 12198
Location: Texas

Posted: Thu Dec 29, 2011 3:58 pm    Post subject: Re: E-retailís first billion-dollar day  

Latest:

"Online Holiday Shoppers Racked up Ten Billion-Dollar Shopping Days"

Online holiday shoppers racked up ten billion-dollar spending days this year, with Cyber Monday coming in first at $1.25 billion in online sales. Shoppers have spent $35.3 billion online to date, marking a 15-percent increase versus the corresponding days last year. The most recent week (ending Dec. 25) witnessed $2.8 billion in spending, an increase of 16 percent versus the corresponding week last year.

http://www.auctionbytes.com/cab/abn/y11/m12/i29/s03
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