Online retail spending hikes 17%; crosses $9.3 Billion

Date 11-26-2007

According to a report by comScore, Inc., consumers spent more than $9.3 billion in online shopping this holiday season, an increase of 17% from last year. This holiday season e-commerce spending report covers the first 23 days (November 1-23) of the November-December holiday season.

Black Friday alone accounted for $531 million in online retail spending (an increase of 22% from last year), while Thanksgiving Day saw $272 million in online sales (a 29% increase from last year). comScore Chairman Gian Fulgoni opines that Cyber Monday is expected to outnumber Black Friday sales and to exceed $700 million, making it the heaviest online shopping day on record.

With a continuous increase in the sales of Nintendo Wii, PlayStation 3, and Halo 3, video games and consoles & accessories reported a whopping 134% raise from last year. Among other most-wanted categories, sales of furniture, appliances, and equipment category increased by 36%, followed by consumer electronics (an increase of 21%). Online sales of toys went up just 9%.

comScore, Inc. has received permission from 2 million consumers to confidentially capture their browsing and transaction behavior, including online and offline purchasing.

(Excludes Auction and Large Corporate Purchases. November 1-23 vs. Corresponding Days Last Year. Total U.S. - Home/Work/University Locations. Source: comScore, Inc.)

Show Everyone What You Are Capable Of: Take Action and Investigate Jobs on 50,000+ Websites Instantly

Get immediate results in your job search: Discover marketing jobs from over 50,000 websites on MarketingCrossing. It is not logical for you to be confined to marketing jobs on one website when you can have the exciting experience of searching over 50,000 websites at once. As a highly observant, fast paced and energetic person, you are resourceful and know that it is problematic that job s are scattered on the websites of tens of thousands of companies, organizations and other job boards. By putting this tremendous variety of jobs in one place, we give you flexibility, and empower you to find the job of your choice. Our good-natured approach is one where we do not accept any money from advertisers for job postings; this allows us to provide you with unbiased research about every job opening. You are going to love the variety on our "marketing jobs only" site, the new people you will meet and the fun you will have as a result of taking the initiative and using us.

Tell us where to send your access instructions: Your Email: